5 Tips for Managing a Small Business from a Home Office

remote

Managing your independent business from a home office offers a lot of flexibility and the opportunity to save on many traditional costs. You’re able to scale up or down as needed, take advantage of certain tax breaks, work during ideal hours, and invest your time where you see fit. However, it can also be challenging…

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3 Reasons to Use a Written Contract for Consultants

consultant at work

Why Use a Written Contract When Engaging Independent Talent If your business decides to engage the services of an independent contractor, it can be tempting to review the work you need done, come to an understanding, and get started as quickly as possible. However, oral agreements can be dangerous and lead to legal headaches for…

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5 Health Insurance Options for Independent Consultants

consultant

As an independent professional, cutting ties with the constraints of a corporate workplace can also mean losing some of the perks—including health insurance benefits that many employers offer. However, this factor seems to be outweighed by the many benefits of going independent. Eighty-two percent of full-time independents say they are happier working on their own…

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SIMPLE IRA: Self Employed Contributions and Limits

consultant older

Self-employed professionals enjoy the flexibility, control, and creativity an independent career offers, but the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are a number of…

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7 Travel Tips for Road Warrior Independents

digital nomad

The MBO Partners 2022 2022 Digital Nomads research study found that 16.9 million American workers currently describe themselves as digital nomads, increasing 9% from 2021 and a staggering 131% from the pre-pandemic year 2019. With such an increase the life of the self-employed “road warrior” has many twists and turns. How one navigates the travel-heavy…

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6 Tips to Successfully Manage a Consulting Business

consultant working

When you start a new business you have to take on many new responsibilities, including administrative duties. As an independent consultant, you’ve chosen a field or industry where you have experience and expertise. While much of your time and energy will be spent working on projects for your clients, there is also  a fair amount…

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5 Ways to Prepare for Self Employment

consultant

Deciding to go out on your own and start a business is both an exciting and scary time. Going independent is a big shift from a career, financial, and mental perspective. As your own boss, you get to decide when, where, and how you work. You have the chance to build a career out of…

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6 Benefits of Implementing a Direct Sourcing Strategy

consultant

Direct sourcing is a viable way for companies to find qualified talent and cut costs. With unprecedented access to a pool of more than 51 million independent professionals, 61% of organizations say they expect to hire more contracting freelance or consulting workers in the next three years. However, despite these positive trends in both supply…

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