7 Creating a Professional Consulting Business

DOI: 10.4324/9781003466987-7

Starting on the Big Adventure

Are you thinking of setting up your practice? Starting a business can be cheap, quickly undertaken, and trouble-free, like entering a marriage. But, also like a marriage, once begun, it is then that the hard work starts. Business structures vary from country to country and sometimes state to state, but the questions and principles in most jurisdictions are much the same (Table 6). If you work alone, you can begin as a sole trader or proprietor. Then, all that may be needed is to hang up your shingle and start work. However, your business ...

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