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Monday, June 12, 2006

IT Consulting: 3 Steps You Need to Take

Before your first day on the job, there are 21 steps that you need to take. Let's go over numbers 4, 5, and 6 so that you can be even closer to your goal of becoming an IT consultant.

Step Four. Engage Professional Services

Before starting your IT consulting firm, you should have an accountant and a lawyer. You need to sit down with them and tell them about your business plans. They can help you pick out the type of business that will work best for you and they can file the paperwork. Though, if you want to save money you can do part or all of the filing yourself, depending on the type of business you choose.

Step Five: Open a Business Bank Account

Clients will be writing checks to your business and not to you personally. You need a business bank account in order to deposit these checks. This will also help you keep your money separate from the business money so that everything will be clear when you do your taxes.

Step Six: Buy Some Insurance

You want to buy insurance for your business as well. General liability and professional liability are good options. You will also want to be sure to buy errors and omissions insurance to protect you in case of mistakes.

Learn more about the 21 steps you need to take before becoming a full-time IT professional when you read the whole article (link above).

Submitted by Computer Consulting 101