Starting a business is a dream for many professionals, and IT pros are no exception. The draw of independence, growth, and profit potential are all appealing to the right kind of individual. Indeed being a freelance consultant or part of a small company can prove extraordinarily rewarding. However, as they say, with great power comes great responsibility. Running a software business is about a lot more than writing code. This session will consider the easily overlooked, but ever-important, legal and tax implications of your actions and decisions as a business owner. The discussion will delve into the major issues facing new small businesses. Topics include finding the right advisers; choosing an appropriate business entity; asset protection for your business and your family; taxes; and how to properly pay yourself. Armed with a bit of knowledge and the right questions, you will be able to approach your legal and tax advisers confidently, empowered to make the best possible decisions for your situation.
Speaker: Jeff Strauss
Topics: Software Career