As someone who has been where you're thinking of going (I had an independent contract programming company for 6-7 years and am heading down that road again), be sure to spend a few bucks up front to talk to a CPA and/or lawyer.
Find out how you should set up your business (corporation, partnership, sole proprietorship, etc.) and have the accountant/CPA show you what you have to do to keep the taxman happy. I know that I wish I could have just spent my time writing programs, and have the money take care of itself, but that isn't going to happen.
IANAL, but I did have a lawyer explain contract law to me when I first got into business.
He said that in order for a contract to be legally enforcable, there where certain things that had to be true of it. One of them was "consideration". Something had to be exchanged by both parties. If I give you my car, you really don't have a legal right to it. If I sell you my car for one dollar, then you can have legal ownership of it (assuming all other contract conditions are met).
I'd like to see a lawyer's take on the likelihood that this clause would stand up in court.
I'm not sure of Illinois law; however, in Texas, you can collect unemployment if you quit your job for a good work-related reason. Quoting the guide that Texas sends out "Examples of possible good cause are: unsafe working conditions; significant changes in hiring agreement; or not receiving payment for your work." (emphasis is mine)
I was working for a compay that last year told us there was going to be no profit-sharing, then we all got 10% pay cuts, then a group of us got laid off, and yesterday they just let everyone go from two offices. Personally, I wish I had followed my instincts and left when things started to get bad.
only the things you never tried. (I'm sure someone famous said it better, but you get the idea).
Take it from a shy geek who is MANY years out of high school. I don't remember the names of any of the women who turned me down, but I do remember the ones I never asked out.
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As someone who has been where you're thinking of going (I had an independent contract programming company for 6-7 years and am heading down that road again), be sure to spend a few bucks up front to talk to a CPA and/or lawyer.
Find out how you should set up your business (corporation, partnership, sole proprietorship, etc.) and have the accountant/CPA show you what you have to do to keep the taxman happy. I know that I wish I could have just spent my time writing programs, and have the money take care of itself, but that isn't going to happen.
IANAL, but I did have a lawyer explain contract law to me when I first got into business.
He said that in order for a contract to be legally enforcable, there where certain things that had to be true of it. One of them was "consideration". Something had to be exchanged by both parties. If I give you my car, you really don't have a legal right to it. If I sell you my car for one dollar, then you can have legal ownership of it (assuming all other contract conditions are met).
I'd like to see a lawyer's take on the likelihood that this clause would stand up in court.
I'm not sure of Illinois law; however, in Texas, you can collect unemployment if you quit your job for a good work-related reason. Quoting the guide that Texas sends out "Examples of possible good cause are: unsafe working conditions; significant changes in hiring agreement; or not receiving payment for your work." (emphasis is mine)
I was working for a compay that last year told us there was going to be no profit-sharing, then we all got 10% pay cuts, then a group of us got laid off, and yesterday they just let everyone go from two offices. Personally, I wish I had followed my instincts and left when things started to get bad.
only the things you never tried. (I'm sure someone famous said it better, but you get the idea).
Take it from a shy geek who is MANY years out of high school. I don't remember the names of any of the women who turned me down, but I do remember the ones I never asked out.