Apr
30
Charge Heavily For What You Know
April 30, 2008 | Leave a Comment
Charge Heavily For What You Know
…but give away what you do not know.
Often I am in a situation where I am called to provide advice and a satisfactory outcome to a situation where the Client doesn’t have the time or expertise to complete a task. I happily do the work: in my opinion faster [...]
Apr
30
Creating a Market For Consultants
April 30, 2008 | Leave a Comment
I am currently offering services that are in higher demand than the available offer. That is fortunate for me, as you might expect that the law of Offer and Demand will be in my favor. In reality the macroeconomics law helps – but only if you can put it in a macro economy. [...]
Mar
26
MiddleMan and Providing Value
March 26, 2008 | 1 Comment
I am an independent IT consultant. I think there are fewer of those than the industry needs. The important word here is “independent“. To me, an independent consultant or contractor is someone who helps advance the interests of the end client.
Sooner or latter a consultant finds out that they need more resources [...]
Feb
28
Jelly! Casual Co-Working : Thinking about joining or creating one.
February 28, 2008 | Leave a Comment
I came across this novel idea of Jelly on Nevile’s Blog. It is about casually co-working. It is a concept oriented towards entrepreneurs and freelancers that do most of their work from a mobile workstation (a.k.a. Laptop). Very well suited for IT professionals, graphic artists, writers, and other people who can work [...]
Feb
7
Anes & Rincon : First Year LLC Anniversary
February 7, 2008 | Leave a Comment
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Feb
7
LLC Partnership Taxes: 1065 and K-1
February 7, 2008 | 1 Comment
A Limited Liability Corporation (LLC) can be treated as an S-Corporation or as a Partnership by the Federal Government Internal Revenue Service (IRS) (you fill out form 8832 to classify it as Partnership). When I established my LLC I made it a Partnership: a very flexible arrangement that allows me to divide the earnings [...]
Feb
6
LLC Annual Report In Massachusetts
February 6, 2008 | Leave a Comment
Massachusetts requires Limited Liability Corporations to present an Annual Report every year, on or before the anniversary date of the corporation. They request you to confirm the information you entered at the time of registration or ammendment. And they leave you space to inform the state and your LLC members of any other important information [...]
Feb
5
Small Business Credit : DUN Numbers : Dun & Bradstreet
February 5, 2008 | 1 Comment
One of the benefits of incorporating is separating your personal liability from your business liability. Banks, however, do not like to loan to small business as easily as they do to people. People have a credit history and a capacity to earn money: and they try not to cease to exist when [...]
Feb
5
Jobless Recovery : Innovation Food
February 5, 2008 | Leave a Comment
Some people measure economy in Gross Domestic Product (GDP). Some others measure it in unemployment rates and number of jobs created. CNNfn is suggesting that our GDP will recover, but our job market will not (bear in mind our 4.9% unemployment rate is one of the lowest ones in the industrialized world). I think a [...]
Jan
31
To Employ or Not To Employ
January 31, 2008 | Leave a Comment
That is a question every successful independent consultant faces. When business is good, work starts to accumulate, and new contracts start to show the need for growth, it is normal to think you need more employees. I have felt that. And I may need to hire employees at some point. [...]
