BITS N BYTES
Lifetime Supporting Member
Be fully aware that you are going to be working MANY, MANY more hours than you could possibly imagine!
Maintaining all aspects of running a small company is VERY time-consuming.
I reckon at least 40% of my time is consumed with Accounting, Taxes, Customer Quoting, Contract Preparation, Inventory etc. etc.
On another note regarding business Insurance. I have experienced a few last minute disappointments where the customer suddenly dumped an Insurance binder to the contract that far exceeded the level of my Insurance and had to cancel as additional Insurance cost was prohibitive or unavailable. This is particularly common with large corporations and especially true of any medical applications.
My 2 Cents
Maintaining all aspects of running a small company is VERY time-consuming.
I reckon at least 40% of my time is consumed with Accounting, Taxes, Customer Quoting, Contract Preparation, Inventory etc. etc.
On another note regarding business Insurance. I have experienced a few last minute disappointments where the customer suddenly dumped an Insurance binder to the contract that far exceeded the level of my Insurance and had to cancel as additional Insurance cost was prohibitive or unavailable. This is particularly common with large corporations and especially true of any medical applications.
My 2 Cents