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Starting Up A New Freelance Business
Posted 02 October 2003 - 11:21 AM
I'm going to set up a contract for my second client, with whom things are less concrete as of yet. Good idea. I guess that's next on my list. Don't have time now, but will get working on it!
Posted 02 October 2003 - 11:31 AM
We started in April of 97 and didn't incorporate until January 1998. So we got a running start before we decided to do anything legal like incorporating. The one thing I did do before anything else was to reserve my trade name, not only because I didn't want someone else to get it but the bank I deal with wouldn't let me open a biz checking account without.
BTW - in business since 1997 and never sued.
Treat customers right and you'll avoid lawsuits.
Posted 02 October 2003 - 12:29 PM
It may be time to dial up that lawyer buddy...
Posted 02 October 2003 - 12:34 PM
Posted 02 October 2003 - 01:08 PM
Posted 02 October 2003 - 01:09 PM
Anyway, I'll email you a copy.
Posted 02 October 2003 - 01:26 PM
Posted 02 October 2003 - 01:29 PM
Posted 02 October 2003 - 01:31 PM
Well, anyway, it's much appreciated! I will definitely have a look at it and see what I need to put into a contract. A lot of it seems to just be about defining how you're going to do your work and what you and the client need from one another, and when. Sounds like a sensible idea to me!
Posted 02 October 2003 - 01:44 PM
Posted 02 October 2003 - 01:59 PM
Well, I have conditional goals.
What I need to do is this:
Figure out how much I spend now. From that:
Figure out how much I will spend in the new place. (Will have to add in things like insurance! and I should probably budget for a car whether or not I'm sure I'll get one.)
Figure out, from those, how much I will need to earn before I can get by without this job.
Then that figure becomes a goal for the company's revenue.
I have to figure out how many jobs I'll need going at once to earn that revenue, and then set that as a goal, trying to divide it up into something manageable.
I haven't got a fixed deadline, but I've got a goal.
I've got goals for what kinds of markets I want to penetrate. I've got goals for skillsets I want to work on.
What I need more than anything else is a SCHEDULE! I have so much figuring and learning and thinking to do, I don't know when I'm going to do it all.
I've started off with priorities, and once I have some of those squared away, I can devote the time I really need to schedule it all realistically.
score.org had a couple of good articles on ways to manage time, especially as a small business owner. (I liked this one: 10 Ways to Set Priorities, at http://www.score.org/om_2.html)
I also have to remember to budget in free time. A realistic schedule is very hard to make, because you end up making it a massive to-do list that's impossible to get through in the timespan you've suggested, and then you end up not doing any of it out of discouragement.
I have a lifetime of poor time-management skills to overcome. Should be a fun challenge.
Posted 02 October 2003 - 02:03 PM
That's a good one. I already told her I was so totally her #1 fan and wanted to be her, but I decided not to say that sort of thing too much because, well, it's creepy, and I don't really want to *be* her... just, *like* her. Like, being widely respected as an authority in my field, and making more money doing what I love to do than my high-powered husband makes at his job. I'd like that. (Not that I have a high-powered husband, but the concept remains.)
Posted 02 October 2003 - 02:13 PM
Get in line...
To be the next Jill! wooohooooooo!
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