Law

Business planning - 12 Aug 2010 by Kyle 4

Elements of a Good Professional Services Contract

As I’ve mentioned before, I believe that a well-thought-out written contract is a crucial component to building a successful professional service business. The contract serves a number of important purposes, the primary being the clear establishment of everyone’s expectations. A common mistake made by new professional service providers is to jump into a project without [...]

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Recent Posts in Business planning

Business planning - 20 Jul 2010 by Kyle 0

Do I Need A New Business Entity?

July 20, 2010

A reader asks: I am an independent freelancer and have a question about whether I need another business entity for a new line of business. Over the last few years, I have operated two websites focused on environmental issues. Through these sites, I provide resources and tips on sustainable living and make money through advertising, [...]

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Finance - 15 Jul 2010 by Kyle 3

Regular Visits by the Tax Man

July 15, 2010

For most individual taxpayers, tax day comes just once a year — on April 15.  But, for many businesses and self-employed taxpayers, Uncle Sam expects a check four times a year. Who pays Unfortunately, you are one of those poor quarterly taxpayers if you are a sole proprietor, partnership or S corporation and any of [...]

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Law - 28 Jun 2010 by Kyle 6

As a Freelancer, Do I Need a Written Contract?

June 28, 2010

Let me make this easy – Yes! When starting out as a freelancer or independent professional, you may not need a lot of legal help in the beginning. But, one thing you absolutely need is a good service contract. I say this because the service contract is critical to protecting the most important aspect of [...]

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