Employee v Contractor. What is the Difference? How to Start a Business in New Zealand.

Is that team member an employee or a contractor? In this video I will show you how you can tell the difference between an employee v contractor. This is important, because getting it wrong could be an expensive mistake. Part of the How to Start a Business in New Zealand Series.

0:00 Intro
0:51 Basic Differences
1:34 Employee Definition
2:10 Contractor Definition
3:07 Important Differences
3:33 Intention Test
3:43 Control v Independence Test
4:04 Integration Test
4:37 Fundamental Economic Reality Test
4:59 More Advice


The How to Buy a Business Right Guide: https://www.youtube.com/watch?v=8ZGQ6kTyIuo&list=PLawa4-Z6sbTiyFzs5n31y08LQ_GlAEHT-

The How to Sell a Business Right Guide: https://www.youtube.com/watch?v=S2pHvqzGn_s&list=PLawa4-Z6sbTgmF5zkO-bdSSila_Wypq-M

How to Start a Business in New Zealand: https://www.youtube.com/watch?v=pIw4nq0bHig&list=PLawa4-Z6sbTh-H3PwGYG0rTZlEbV99qRM

This channel has weekly uploads, tutorials and features all focused on how to start a business, how to buy a business, how to sell a business and how to increase the profits in a business to increase the business value.

I am a Business Broker based in Auckland, New Zealand.

Keep in touch:
LinkedIn: https://www.linkedin.com/in/peternola
Instagram: https://www.instagram.com/peternolabusinessbroker/
Website: https://www.businessesforsale.co.nz/broker/peter-nola



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