How to Start a Small Business
There are a myriad of words, phrases, and terms used to describe independent workers. Are you a freelancer, self-employed, independent consultant, independent contractor, side-gigger, on-demand worker, solopreneur, or some combination thereof? To both the outside world and the independent worker, these terms can be quite confusing. Many have conflicting definitions, particularly when it comes to…
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The decision to pursue an independent career can be both exciting and scary. The rewards of being your own boss, working flexible hours, and the ability to pursue what you’re passionate about are great, but as an independent, you also assume the challenges, risks, and infrastructure of running a business. In his webinar, Going Independent: Are You…
View MoreThe total number of self-employed people in the U.S. rose to 40.9 million in 2017, and by 2027 we predict that more than half of Americans will be independent or will have worked independently. This independent workforce touches all segments of the economy—from on-demand drivers and freelance writers to marketing professionals and website designers serving major companies. With so many types…
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If you’re considering going independent, one big question you should ask is: are my skills in demand? Building a successful business is not only dependent on having great service offerings, but you also have to find and maintain a consistent pipeline of work as well. The following are five popular industries for independents—but don’t worry if…
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A guide to the rights you have as an independent contractor.
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The ability to work when and where you like, be your own boss, and turn your passion into a career make independent work broadly appealing, but that doesn’t mean it is for everyone. Running your own business can be stressful and it will require more than a few long hours. Nevertheless, people are often hesitant…
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Big career changes such as retirement can be unsettling for even the most accomplished professionals. But if you’re like many people who still feel like they have great work to do, you can use your transition to retirement as an opportunity to launch a profitable and fulfilling career as an independent consultant, joining a 41 million-strong workforce of…
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As the independent workforce continues to grow and evolve, so does the vocabulary of terminology surrounding it. Here are a few of the most commonly used and confused terms you’ll come across in the industry. W-2 vs. 1099 Worker classification is a complicated issue that has a big impact on contractor engagement. W-2s and 1099s…
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An invoice may be the last thing that comes to mind when you think of powerful communication tools for your small business, but an invoice that is put together well can enhance your professionalism, make a good impression, and lay the groundwork for a continuing business relationship. An invoice is a permanent record of the…
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In today’s blog post, we explore several key factors that can help an individual determine if (and when) making the leap is right for you. Financially, How Do I Know When I’m Ready? There’s no magic number needed to quit one’s job and make the leap to self-employment, but typically one should save between three…
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