Technically, you don't need anything else other than to meet your local regulations for a business license as a sole proprietor. However, I highly recommend that you talk to your lawyer and accountant about incorporation. There are a number of advantages, both legal and financial, to incorporation. Once you've got your business structure taken care of, you'll probably need professional liability insurance/E&O insurance. Some clients won't let you work for them unless you can furnish an insurance certificate, usually for a minimum $1,000,000 coverage. Of course, once you've got clients, you'll need to handle things like sales and marketing, business accounting, tax filing, etc. It's not as bad as it sounds, but there's a lot of overhead to consider in terms of both time and money. There's a reason that corp-to-corp or 1099 type contracts pay much more per hour than W2.
Craig At 01:42 PM 5/20/2002 -0500, you wrote: > Hello- > >This is not exactly a CCIE question. But I think some of you cisco people >might have been an independent contractor before. I also think the group >might be interested in my question and the answer. > >In order to be an independent contractor, does anyone know what it is that >you need besides a DBA; "doing business as"? > >Thank you. > > >________________________________________________________ >Outgrown your current e-mail service? >Get a 25MB Inbox, POP3 Access, No Ads and No Taglines with LYCOS MAIL PLUS. >http://login.mail.lycos.com/brandPage.shtml?pageId=plus >_________________________________________________________________ >Commercial lab list: http://www.groupstudy.com/list/commercial.html >Please discuss commercial lab solutions on this list. Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=44568&t=44568 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
