On YouTube, today I'm gonna tell y'all about how to subcontract. I had somebody ask me how do you subcontract, so here it is, fairly simple. You can look around on Craigslist, first off, and see if you can find a small company that's looking for business. Then, simply shoot them an email looking for a call and ask if they are interested in subcontracting. That's pretty much it. You hire them as a contractor. Then, all you do is maybe type up a little agreement. I know complete agreements about where they can't go behind your back and try to steal the account from you. If you can afford a good attorney involved just to make sure it's legit, then type up one and make it fit your needs. You might want to get it notarized at a bank or something. Once you sign that, no computer gremlins, that's pretty much it. You just let them know to start their work, all of that, and then at the end of the year, you just send them a 1099 form showing how much you paid them for that year. It's just that simple. Now, being it is just as simple, somebody might be wondering why not just skip the little paperwork part of it and just pay the people under the table. The end. So, one thing I learned from this guy Sebastian that I never got a chance to interview, but he taught me is this: Don't pay under the table because if you pay under the table, you're gonna get taxed on the money that you won't even get. But if you use the 1099 and show how much you were paying, now you won't get taxed on that money that you pay out to contractors. So, that...
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