A friend told me that a local bookstore was looking for someone to build a website, and that theyd referred me, and I should call them. I called, had a great conversation, and we agreed to meet. At the end of the meeting I had agreed to build them a website that met their needs, we shook hands, and that evening I started coding. Fortunately for me everything went well. They loved the site and paid promptly upon delivery. Ive been freelancing ever since sometimes full time, sometimes on the side. Ive been fortunate to have never really been burned.
But I have found some things that make life a lot easier. Here are my suggestions when youre ready to be your own boss. Get an LLC or incorporate There are several reasons for this. One is USA WhatsApp Number List legal protection.an LLC, and the client sues, they can only sue the company. This means that if you lose and the worst happens, they could wipe out your company, but they cant take your house, your car, or any other personal possessions. Another reason is financial. Companies are taxed quite differently from people, and youll keep a lot more money in your pocket if your income is run through a company.
Be Your Own Boss Sign Photo Czarina Alegre Flickr via Compfight cc Get a lawyer Its cheap and easy these days to set up your own LLC, but its also very easy to do it wrong, which could allow a hostile lawyer to run circles around it. If you do it yourself youll always wonder if you did it right, and you wont find out until its tested. If you have a lawyer do it, it might cost several hundred dollars, but youll know its done properly. Its also quite possible theyll think of things you have not, that could bring advantage to your company.