What steps do I take to become an independent consultant?
I have many years of technical and managerial experience in the telecommunications industry and am feeling entrepreneurial.
Asked By: Byron C - 3/20/2007
Best Answer - Chosen by Asker
If you like your job, you could consider doing what my friend did. He quit his job and set up a business doing... his job! He hired himself back out to his ex-employer at a higher rate. The employer was happy because he knew he was good at the job and there was no longer sickpay/holidays etc. to worry about. My... More
Answered By: redjake - 3/20/2007
Additional Answers (1)
If you visit the IRS website (www.irs.gov) you will find a 20-question test designed to determine if an individual meets the definition of an independent contractor. You must be able to pass the 20-factor test. including having the ability to provide your own insurance, working independently, having a tax ID or social... More
Answered By: Mel - 3/20/2007
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