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Looking to Start to start doing side jobs in a Professional Services field, as a business
Posted on 3/10/21 at 6:08 am
Posted on 3/10/21 at 6:08 am
I recently got interested in starting my own business doing side professional services such as marketing, photography, videography, editing, consulting, and other services.
I intend to start small taking small bites in this field as I have a steady job in a related field.
When would it be beneficial to start an LLC or any business filings with the IRS in Louisiana?
I intend to start small taking small bites in this field as I have a steady job in a related field.
When would it be beneficial to start an LLC or any business filings with the IRS in Louisiana?
Posted on 3/10/21 at 6:33 am to Tarps99
Form your LLC now. Given the small cost there is no reason not to in my opinion.
Posted on 3/10/21 at 6:47 am to Tarps99
yes go on the secy of state website they have everything you need to create the LLC it’s just a few hundred bucks
if you self perform those services I’d be interested
quote:
marketing, photography, videography
if you self perform those services I’d be interested
This post was edited on 3/10/21 at 6:49 am
Posted on 3/10/21 at 7:39 am to Tarps99
Couple of things. Form the LLC now. Get a credit card. Keep your books up from day 1. This saves you time and headache down the road. And money.
Secondly, as someone who managed a startup agency for 2 years, it's a grind. Very saturated space. No barrier of entry. Make sure you really have the talent (not saying you don't) and desire. Lots of "agencies" that do terrible work, get motivated cause they have a bunch of gear, and flame out in 9 months. Find your niche. Pick your price and be picky on your clients.
My biggest piece of advise is to establish your revision process before the first client you ever take. We spent so much time dealing with scope creep and revision requests early on that tore into margin and drug on projects. Simple way to do it: Discovery Call - Initial Draft - Revision 1 - Iteration - Revision 2 - Final signed deliverable. Done. Force your clients to sign on what they asked for or they will always find more.
Secondly, as someone who managed a startup agency for 2 years, it's a grind. Very saturated space. No barrier of entry. Make sure you really have the talent (not saying you don't) and desire. Lots of "agencies" that do terrible work, get motivated cause they have a bunch of gear, and flame out in 9 months. Find your niche. Pick your price and be picky on your clients.
My biggest piece of advise is to establish your revision process before the first client you ever take. We spent so much time dealing with scope creep and revision requests early on that tore into margin and drug on projects. Simple way to do it: Discovery Call - Initial Draft - Revision 1 - Iteration - Revision 2 - Final signed deliverable. Done. Force your clients to sign on what they asked for or they will always find more.
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