A consultant is an individual or organization that provides professional advice to entities for a fee, often in areas such as management, accounting, finance, legal, and technical matters. Consultants operate as independent contractors, not employees.
A contingent liability refers to potential financial obligations that a business may incur due to actions of parties other than its own employees, notably when independent contractors are involved.
A contractor is an individual or company who contracts to do work for another party. Independent contractors take on specific tasks while maintaining control over the means and methods of executing the job.
An independent adjuster is an independent contractor who assesses and resolves insurance claims for various insurance companies. These professionals provide essential services for companies that either lack sufficient financial resources or have a claims volume that doesn't justify full-time, in-house adjusters.
An independent contractor is a self-employed individual who offers services to clients while maintaining complete control over how those services are provided. They handle their own taxes and benefits, and are not classified as employees of the payor.
An owner-operator is an individual who owns as well as operates their own business or the equipment used in the business for the purpose of earning income. For example, truck drivers often operate as owner-operators of their trucks.
