Friday, March 21, 2008

Calculate Your Worth

Figure out what you were earning per hour as an employee, and again add in the costs of vacation days, holidays, ailing time and benefits. There's authoritative aerial too, especially if you able to hire space, say, or charge chic technology.

Depending on the industry, you'll appetite to tack on accumulation allowance of about 20 percent. After trial and error, your pay afore costs should be at atomic double, if not triple, what you fabricated as a W2 drone. Basically, you charge be able to calculate your worth.

It's reasonable to apprehend that you'll absorb 20 percent of your time on administering such autograph proposals, or sending out bills, and addition 20 percent on marketing.

John Stevenson, who has spent a year setting himself up as a turnaround consultant in Plano, Texas was said: "The most interesting challenge is that you need to be involved in every detail of the business," says.

He was previously chief information officer at the U.S. subsidiary of Sharp Electronics. "When you're an executive, other people take care of budgets and presentations," he says. "But to do it on your own, you've got to develop a really broad set of skills."

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