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GeneralJumping into freelance/contract World Pin
dan!sh 31-Mar-18 2:13
professional dan!sh 31-Mar-18 2:13 
GeneralRe: Jumping into freelance/contract World Pin
Sander Rossel31-Mar-18 3:14
professionalSander Rossel31-Mar-18 3:14 
GeneralRe: Jumping into freelance/contract World Pin
User 1106097931-Mar-18 3:23
User 1106097931-Mar-18 3:23 
GeneralRe: Jumping into freelance/contract World Pin
steveb31-Mar-18 8:32
mvesteveb31-Mar-18 8:32 
GeneralRe: Jumping into freelance/contract World Pin
sum-none1-Apr-18 23:31
sum-none1-Apr-18 23:31 
GeneralRe: Jumping into freelance/contract World Pin
Gerry Schmitz2-Apr-18 5:53
mveGerry Schmitz2-Apr-18 5:53 
GeneralRe: Jumping into freelance/contract World Pin
David Days2-Apr-18 6:29
professionalDavid Days2-Apr-18 6:29 
GeneralRe: Jumping into freelance/contract World Pin
Member 132567502-Apr-18 19:26
Member 132567502-Apr-18 19:26 
I've been in & out of contracting over a pretty long period of time.

First time I was lucky enough to get hooked up with a computer manufacturer who needed someone to take on short jobs that didn't fit with their support model. As David said, don't rely on one source of finding work.

I found out I did a smart thing by incorporating as a Subchapter S corporation; in the US, any sort of government contracts require you be in some sort of legal entity corporation, LLC, etc. (Government doesn't want to be on the hook for your Workman's Compensation). This doesn't cost much to do initially, and can be maintained for $100/year here in VA.

The best rule of thumb in contracting is to balance finding work, with doing work. I always found if you are busy working, you don't have time for the marketing and if you are marketing you are out of work.

Your family situation makes this very risky from an emotional point of view. I own a home and it was always touch & go financially when the work dried up. Can't imagine what that would have been like having a home and a family to worry about.

Another thing is benefits. Make sure you are charging enough to pay for the health & dental insurance.

As someone mentioned taxes. If you are in the US you'll have to pay BOTH portions of Social Security. And then there's that Workman's Compensation.

Good luck.
GeneralRe: Jumping into freelance/contract World Pin
dan!sh 2-Apr-18 18:34
professional dan!sh 2-Apr-18 18:34 
GeneralRe: Jumping into freelance/contract World Pin
csugden3-Apr-18 5:41
professionalcsugden3-Apr-18 5:41 
GeneralRe: Jumping into freelance/contract World Pin
dan!sh 3-Apr-18 17:05
professional dan!sh 3-Apr-18 17:05 
GeneralRe: Jumping into freelance/contract World Pin
Dr.Walt Fair, PE4-Apr-18 5:37
professionalDr.Walt Fair, PE4-Apr-18 5:37 
GeneralRe: Jumping into freelance/contract World Pin
dan!sh 4-Apr-18 17:18
professional dan!sh 4-Apr-18 17:18 
GeneralRe: Jumping into freelance/contract World Pin
Dr.Walt Fair, PE5-Apr-18 7:36
professionalDr.Walt Fair, PE5-Apr-18 7:36 
GeneralYo dawg, we heard you like paging... Pin
Sander Rossel31-Mar-18 0:31
professionalSander Rossel31-Mar-18 0:31 
GeneralRe: Yo dawg, we heard you like paging... Pin
theoldfool31-Mar-18 1:30
professionaltheoldfool31-Mar-18 1:30 
GeneralRe: Yo dawg, we heard you like paging... Pin
Sander Rossel31-Mar-18 3:09
professionalSander Rossel31-Mar-18 3:09 
GeneralRe: Yo dawg, we heard you like paging... Pin
dan!sh 31-Mar-18 2:15
professional dan!sh 31-Mar-18 2:15 
GeneralRe: Yo dawg, we heard you like paging... Pin
Sander Rossel31-Mar-18 3:08
professionalSander Rossel31-Mar-18 3:08 
GeneralRe: Yo dawg, we heard you like paging... Pin
Dr.Walt Fair, PE4-Apr-18 5:41
professionalDr.Walt Fair, PE4-Apr-18 5:41 
GeneralRe: Yo dawg, we heard you like paging... Pin
RickZeeland31-Mar-18 2:43
mveRickZeeland31-Mar-18 2:43 
GeneralRe: Yo dawg, we heard you like paging... Pin
Sander Rossel31-Mar-18 3:06
professionalSander Rossel31-Mar-18 3:06 
GeneralRe: Yo dawg, we heard you like paging... Pin
RickZeeland31-Mar-18 3:13
mveRickZeeland31-Mar-18 3:13 
GeneralRe: Yo dawg, we heard you like paging... Pin
Sander Rossel31-Mar-18 3:17
professionalSander Rossel31-Mar-18 3:17 
GeneralRe: Yo dawg, we heard you like paging... Pin
RickZeeland31-Mar-18 3:47
mveRickZeeland31-Mar-18 3:47 

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