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Working With Your First Freelance Contractor

August 25, 2017 by · Leave a Comment 

If you’re an employer looking to hire contractors from outside your home country, there are a few rules you can establish upfront to try and save yourself problems down the road. Here are some of the tips to pay your freelancers in a way that will let you retain the good ones, and get the work you need done in a timely manner.

Set Expectations

Everything begins with the expectations you set during the job posting. You should take time to clarify exactly what you’re looking for, and what you expect your contractor to do. Make sure you cover these basics:

  • Timeframe: be clear about what you expect, and when it should be completed. Also, be reasonable, and allow for the contractor to counter with a deadline that fits their schedule.
  • Establish the base rate you’re willing to pay for the work done: If you under sell, realize you’ll receive lower quality work. Research some jobs around the Web to see the going rates for what you want.
  • Discuss specific qualifications: if you need certain programming languages, or writing proficiencies, state that in the gig so your freelancers know. The more specific you are, the easier it is to eliminate candidates who don’t fit the bill.

Paying Freelancers

If you outsource, your freelancer ends up paying some of the costs to receive a paycheck. This comes out of the digital wallet or payment processor you’re using to pay them. If you can, it would be helpful to look at methods for reducing those rates. Digital wallets that transfer money quickly, or wallets that reduce the rates freelancers pay when exchanging currency would both be helpful.

Blog written by Charge.com. Charge.com helps businesses accept credit cards online and offline. Voted the best company

Listing Requirements for the NASDAQ

August 1, 2014 by · Leave a Comment 

Written by Phineas Upham

The NASDAQ is a major stock exchange. As such, it relies on the reputability of the companies it trades in order to remain legitimate. NASDAQ companies tend to have a solid corporate background, and top-notch management.

NASDAQ maintains three basic rules for joining the exchange, and companies must meet at least one of them.

All companies must have a minimum of 1,250,000 shares that can be publicly traded. These public shares exclude those held by company executives, and the initial regular bid price must be set at $4. Under certain conditions, initial offerings can be as low as $2.

Each member of the exchange must also follow NASDAQ’s corporate governance rules, which includes an average trading volume of 1.1 million shares monthly.

Companies must also have aggregate pre-tax earnings from the past three years totaling at least $11 million. If the company has less than that amount, or has experienced a net loss in the past three years, it is inelligible.

Companies should also have a minimum cash flow of $27.5 million, with an average market capitalization that totals more than $550 million. However, the cash flow requirement is abandoned altogether if the company is able to amass $850 million or more in market capital.

Once the company is on NASDAQ, it must maintain these rigid standards to continue in the exchange. The most common reason for a company to lose its place on the exchange is typically a falling stock price, but a lack of market capitalization is also to blame in some instances.


Phineas Upham is an investor from NYC and SF. You may contact Phineas on his Phineas Upham website