With the growth of the freelance economy a certain form of occupation has exploded: the contractor. Although contractors or self-employed workers are perceived as having more freedoms, they are not in fact protected by the same laws and regulations as employees.
Contract employees can help save you money, but it is crucial that you do not specifically classify jobs to save costs. If budget is the only issue, you'll still have options to help in times of low cash flow, such as rotating credit that allows you to only use the amount you need.
infographic by: www.headwaycapital.com