Can you check the boxes for the freelance lifestyle?

imagesCAD30KBRAre you a marketing or communications professional who has always wanted to “go out on your own?”  Do you love product marketing or digital media but want to work with more flexibility?  Perhaps it is time to seriously explore becoming a consultant or freelancer (or as the IRS will refer to you, an independent contractor).  Following is the checklist we recommend to use in assessing your freelance readiness . . .
Have you consulted with a professional for advice on financial flexibility and tax ramifications?
 Have you banked six months of income in liquid assets?
 Do you have a fully functional remote office (smart phone, protected laptop or PC, scanner, current software etc.)?
 Have you registered a business entity with the State of Colorado?
 Do you have the confidence and comfort level to work independently?
 Have you identified the highest potential freelance clients as well as the “low hanging fruit?”
 Have you discussed with those around you about this lifestyle/income change?
Marketing, Communications, Product Management, Creative Services Staffing / Recruiting Experts – Freelance / Consultant + Direct Hire