Posted on October 2, 2009Got Subcontractors? Protect Your Interests with a Subcontractor Agreement
It’s hard to find a talented independent contractor you can trust to represent your company when working with a client. Once you do find a good one, however, it's a person that you want to keep on your team for future projects. The downside is, your...
Independent Contractor Articles
Posted on September 5, 2009Contracts Protect Management Consultants from Liability
Before beginning work on a consulting engagement, smart management consultants protect their business interests and reduce their liability with legally binding contracts, signed by their clients. During the initial stages of project development,...
Posted on August 28, 2008Outsourcing, Technology, and The Economy
Economies are constantly changing, and evolving. Whereas first they birth as a bartering system, they next take on a currency structure. This leads to a stock market, international trade, economic specialization, an industrial revolution, and...
Posted on August 23, 2008Resolving Jurisdiction with Independent Contracts
Many are under the inherent assumption that all contracts are the same, and that if it's written down on paper, then the terms of the contract are clearly spelled out. Conversely, contracts aren't simply about written terms, and represent a greater...
Posted on August 21, 2008Licensing and the Stages of Legally Purchasing Software
Licensed software, and the legal purchase of it, has unique legal contract obligations. Generally, the consumer owns any product they purchase.
Posted on April 1, 2006Young Company Focus: 5LINX
When a company has to rewrite its business plan, things usually haven't been going too well. That's not so for Rochester, N.Y.-based 5LINXT, a telecommunications company that sells its products and services through a network of dedicated independent...
Posted on July 25, 2008Is Fear of Failure Holding You Back From Freelance Success?
Whether you realize it or not, your internal fears could be holding you back from achieving the success you deserve in your consulting career. Taking action every day towards your goals will lead you to freelance success.
Posted on July 7, 2008Freelancers: It's Time to Give Yourself a Raise
One of the biggest challenges associated with a freelance career is the time required to keep our businesses running smoothly. We spend a good portion of our time marketing ourselves, invoicing our clients, and managing our taxes, which we don't get...
Posted on July 4, 2008Contractor and Employee Misclassification Risk: New developments in proposed legislation and their p
For many years now, an economic problem involving the misclassification of employees has existed. The issue began primarily in the construction, agricultural and other day-labor type of industries. This trend has since migrated into big business and...
Posted on July 4, 2008How To Start A Consulting Business
Starting your own consulting business can be one of the most challenging but rewarding entrepreneurial endeavors an individual can embark on. If you have a great deal of expertise in your field and your skills are highly sought after, then you might...
Posted on July 4, 2008Managing Reimbursable Business Expenses For Independent Consultants
Working as an independent consultant provides a variety of challenges for even the most organized of individuals. Among these challenges is managing finances, especially in the area of reimbursable business expenses. When one works for a company,...
Posted on July 4, 2008Steps to a Successful Freelance Career
Current economic conditions are tough, and many professionals are considering making the leap to independent consulting to avoid the dangers of being downsized by a large corporation. Going freelance can be scary for a number of reasons, but there...
Posted on June 12, 2008Health Benefit Options for Freelancers and Independent Consultants
Freelance workers, independent consultants and independent contractors enjoy many advantages. Their schedules are flexible, they set their own agenda, and with a little planning, they can take extended time off. However, while these benefits can...
Posted on June 12, 2008The Baby Boomer Brain Drain, Hiring Back Retired Workers Safely
With 77 million baby boomers reaching retirement, and half of the middle to upper management in this country reaching retirement age in the next five years, our country is soon to lose many of its most experienced workers. By 2015, it is estimated...
Posted on June 12, 2008Contractor Reclassification Risk- Are You Misclassifying Your Workers?
The process of misclassifying workers, or treating workers as independent contractors when they should be considered employees, is a serious problem. The situation is a particular problem in the IT field and other "white collar" professions....
Posted on May 24, 2008Employee or Independent Contractor: What's the difference?
New entrepreneurs need to have a strong respect for employee issues and legal regulations. Employee rights law has become a major issue in today's workplace. It is crucial that employees are classified correctly as there are large tax implications...
Posted on May 4, 2008Independent Consultants-Have You Considered an Umbrella Company?
Many independent consultants and independent contractors grow their business completely unaware of how an umbrella company can work for them. Freelancers and other self-employed individuals utilize their own talents to find clients and manage the...
Posted on May 4, 2008Options to Find Health Insurance for Freelancers
One of the most difficult aspects of being a freelancer is finding health insurance. Those who are newly self-employed may never have purchased their own health insurance before, and some are taken by surprise by the high cost of keeping a family...
Posted on May 4, 2008When Do You Have to Incorporate and What is Involved?
Incorporation is one of any number of ways to structure a business. These include a limited liability company, an S-corporation and a C-corporation. Each structure has benefits and drawbacks, and it is important to decide which type of corporation...
Posted on May 4, 2008Self-Incorporation: Is it Right For Me?
Many businesses can benefit from incorporation. The main benefit of incorporation for most businesses is that it shields the business owner from lawsuits and protects their assets in the event that the company is the target of a lawsuit. Because the...
Posted on May 4, 2008How an Independent Consultant can get Business Insurance
One challenge with freelancing and independent consultant work that you may not have considered is securing business insurance. Business insurance will protect you and your business against unfortunate mistakes and mishaps. There are a number of...
Posted on May 4, 2008Advantages of W-2 Employment
There are some reasons an individual would choose self-employment over working for someone else, but not everyone is willing to take on the problems and stress of owning a business. For some, the notion of running every aspect of a company is more...
Posted on May 4, 2008Tips To Keep Your Home Business Organized
If you have a home business, getting yourself organized should be a priority. Lack of planning and organization reduces productivity, increases stress, and strains working and personal relationships. Precious work time can be lost while searching for...
Posted on April 16, 2008Why Freelance? The Advantages Of W-2 Versus 1099
The term "freelance" comes from the works of Sir Walter Scott and refers to traveling knights offering their services in battle to noblemen for a fee. This colorful designation is now used for independent contractors who offer their services to...
Posted on April 16, 2008Important Tax Information For Independent Contractors
Being your own boss is certainly rewarding, but few people think about the extra work of preparing invoices and tax forms. Independent contractors need to be aware that being independent of the client company is a special tax situation, and they will...
Posted on October 19, 2007Good Contracts Should Save Time and Costs
Some business owners might forego the necessity of a contract when making a business deal because they think it might take too much time or simply hinder the business relationship and the smooth transfer of goods or services.
Posted on October 19, 2007Yes, You Can Even Get Contracts on the Web
Does it really matter where legal contracts come from? If you write a contract on the back of a napkin, does it make it any less binding than one produced formally in a lawyer's office? The short answer is no.