12 Questions to Ask Yourself Before Quitting Your Job
So you've been rehearsing your "You can't fire me—I quit!" speech in the mirror. But are you sure you want to take it out of the bathroom?
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10. Do You Have a Brother with a Business Degree?
Remember Macon York, the designer who struck out on her own? She says that the least fun part of running her own business has been "all the legal stuff: tax IDs, quarterly freelance taxes, copyright stuff, trademarks, registering my business with the state, etc." She goes on: "I'm great at the design part; it's the business end that I'm scared of. But my brother has a business degree, so he's been helping me." If you're thinking of going rogue—I mean, freelance—or starting your own business, keep in mind you're going to need to get real cozy with your accountant, keep careful records, learn about some legal stuff and maybe talk to York's brother.
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.