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Interesting, well I already have an LLC that I intended for use for my business, but then it didn't seem like it would make any difference. But you're saying co
by wmnwmn 12y ago
Interesting, well I already have an LLC that I intended for use for my business, but then it didn't seem like it would make any difference. But you're saying contract with larger clients basically as if I am a consulting firm even though the only employee is me.
- raincom 12y ago1. Basically, larger companies don't like to have you as a direct consultant/contractor. In other words, these companies do business with a set of staffing companies (called primary vendors), or through a contingent workforce management solution (a super vendor, who sources contractors/consultants through other staffing companies). 2. Yes, you are the only employee for your LLC. But you are contracting with a primary vendor, who will place you at the end client (a fortune 500 company, for instance). 3. Contracting rates are not that great, esp if you are shooting for a longer contract. In other words, working for google/apple/fb as full time is better than a string of shorter contracts. There is an inverse relationship between the contract rate and the contract length. Even large companies have restrictions of having the same contractor for more than two years.