Consulting work while working on startup


1

As a single tech founder of a pre-revenue startup, is it a good idea to take on consulting projects using the same corporate entity or is it better to form a new company just for the consulting projects? (need revenue from the consulting projects to bootstrap the startup)

Consulting Company

asked Mar 3 '13 at 08:27
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Eric
8 points

1 Answer


1

I would do the consulting projects as an individual, and don't even worry about incorporating for that. Don't do it under the same company unless it really is a part of that company's core function.

Also, if you're not planning on consulting long term, I recommend doing projects that won't require much follow up work, as you're not going to want to do that if your company takes off.

answered Mar 3 '13 at 09:25
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Jeremiah Prummer
441 points
  • it's a one time project that will only take a few months – Eric 5 years ago
  • One of the advantages of worked under a company umbrella is that it give you certain proections in case you client tries to sue you. Individuals obviously do not get that protection. *subject to the laws of your where you work – Dave 5 years ago
  • How many hours a day should one dedicate to consulting work? – Utkarsh Sinha 5 years ago
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