- This course is designed to be a foundation
for starting and running a consulting business.
It's not meant to be legal, tax, or financial advice.
You should watch more in-depth courses
on creating a business plan, contracting, negotiating,
making recommendations, and building teams,
to get a complete picture of what it takes to run a firm.
Seek good specialized counsel for legal, financial,
and tax issues.
There are too many problems you can create
by not having good counsel.
Legal advice you'll want to see out includes guidance
on business structure, intellectual property,
contracting, compensation, and HR issues.
Get financial advice on accounting, managing cash flow,
conducting financial planning activities,
investing, and business valuation.
Seek out tax advice on federal, state, and local taxes.
Get guidance on tax withholding, taxes for your employees,
sales tax, commercial activity tax, filing tax returns,
and some of the documentation requirements
and deductibility of your business expenses.
Look, you can't do this alone.
Find the right professionals to guide you
on your journey of running your consulting firm.