[thelist] New Design Firm

John D Bloise jbloise1 at nc.rr.com
Mon Feb 4 07:04:00 CST 2002


What are the benefits (if any) of chosing to work as four freelancers ?
Thanks everyone.

Jack
----- Original Message -----
From: "Richard Bennett" <richard.bennett at skynet.be>
To: <thelist at lists.evolt.org>
Sent: Monday, February 04, 2002 1:46 AM
Subject: Re: [thelist] New Design Firm


> Hi,
> This site helped me a lot recently:
>
http://www.nolo.com/lawcenter/faqs/index.cfm/catID/19B45DBF-E85F-4A3D-950E3E
> 07E32851A7
>
> We opted for a LLC, which is pretty flexible, protects your assets, and is
> cheap to set-up.
> Make sure you have some money on the side before you start. One difference
> between freelance, and a company (co)owner is that as company (co)owner
you
> get paid last. Any advances customers might pay will go up in bills and
> start-up costs, so you only start earning when the company starts making a
> profit, which if you're lucky is 6 to 12 months from now.
>
> Make a (realistic) business-plan.
> Don't skimp on the layer-costs. (Don't try to do it all yourself)
>
> Trust is of the utmost importance between partners. If someone laughingly
> tells you how they charged a customer $2000 for 10 minutes work, don't
work
> with them.
>
> Cheers,
> Richard.
>
> ----- Original Message -----
> From: "John D Bloise" <jbloise1 at nc.rr.com>
>
> I and a few wonderful friends are putting together a design firm. We're
new
> to starting a new business.
>
> We realize that there is a procedure to starting a business. There will be
> at the most, 4 of us. Suggestions on the type of business (liscense?) we
> need to get? I've been told that getting a "doing business as", would be
the
> way to go. Thanks to all.
>
> Jack
> --
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