Free Agency via FreeAgent.Com?

heiho1 asks: "I recently began consulting through a service known as Freeagent.com. It is a company which is hyped as a 'virtual corporation' for 'free agents'. The idea is that you work as an employee of a corporation but you are free to set up contracts with your own clients. You pay a monthly fee to Freeagent.com for their services [something like $220/month]. You provide the services and Freeagent handles invoicing, lawyers, $5 million in liability insurance, accounting, etc. They also provide re-imbursement for expenses. The last part is interesting because they do not allow for many of the typical business expenses [for example, computer hardware (my PowerBook!) is not considered an expense even though I would normally depreciate such an item as a corporate expense]. All in all they are supposed to save you time, money and headache. I've gone the incorporation route before and am trying this out to see if it does save me grief. I'm interested in the opinion of Slashdot about the pros and cons of such an approach. How does it compare to just owning your own corporation or LLC and getting your own accountant?" There's more on the site than just ways to get work as a freelancer, there's legal advice and discussions on the site as well. Is this the future of freelancing?

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[goingware]

Please read alt.computer.consultants.moderated on the Usenet News. You will certainly find it very helpful.

Also see my web pages:

• Market Yourself - Tips for High-Tech Consultants
• Important Note to Recruiters and Contract Agencies

Best of Luck,

Michael D. Crawford
GoingWare Inc