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John, some questions...
Posted by bRAD [Email] (more from bRAD) on Wed, 14 May 2003 05:52:10
In Reply to: S Corp is the correct way... Also 3x current salary?, Jon in Chicago, Tue, 13 May 2003 13:57:44
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Where did you come up with the 3X salary figure? In my line of work (engineering consulting) from what I've seen, poor management means contracts are often a last minute attempt to solve an immediate problem. The contract I'd be starting with has a duration of 6 months, and I'm skeptical anyone else is looking to arrange a contract so far in advance (plus, in all likelyhood, the first contract would be extended or re-negotiated)
What kind of unexpected business expenses might I incur? My work is primarily knowledge based (read: free to me). There is a possibility of high Software costs, but for now the company I'd be working for is providing both hardware and software.
Being a Canadian, with access to a spouse's medical benefits... Health insurance is not as big a concern as it might be for some.
Thanks again,
bRAD
posted by 65.123.118...
Posts in this Thread:
- OT: bRAD Inc?, bRAD, Tue, 13 May 2003 12:12:57
- I did it after being RIFed, now LLC, johnf, Tue, 13 May 2003 17:58:27
- CCRA will know, Trev, Tue, 13 May 2003 13:15:46
- Be an S-Corp or LLC, Hood, Tue, 13 May 2003 13:02:07
- about saabgirlie inc, saabgirlie , Tue, 13 May 2003 12:56:24
- Or Self Unemployed......, Richard Miller, Tue, 13 May 2003 12:47:16
- Are you quitting your job?, FrozenSaab, Tue, 13 May 2003 12:17:18
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