Hi all
have spent some time googling this without much success.
Situation: myself and 2 other contractors have recently had our contracts not renewed by the end client because the central IT dept we work for has had its budget cut. The 3 of us were in effect the only IT team.
We know that various other depts have IT work that they need doing, and we have confirmed with a senior source in another dept that they will have to go to external agencies to get the work done if central IT wont do it.
So, myself and the other 2 are proposing to form a new company (probably ltd or llp) and offer our services back to client. We have already confirmed with the client senior source that they are indeed interested in this: they know us and we know them and the codebase etc.
The broad question is: whats the best way for us to form and run a consultancy where
- we may be working for different amounts of time for the client (we have slightly diff skills)
- we may have different ideas in the future about how to take money out (salary vs divs etc)
I wonder if there is a 'template' or a 'best practices' for this kind of thing somewhere?
If not, any advice from ppl that have been through the same thing would be very helpful.
thanks in adv
Ian
have spent some time googling this without much success.
Situation: myself and 2 other contractors have recently had our contracts not renewed by the end client because the central IT dept we work for has had its budget cut. The 3 of us were in effect the only IT team.
We know that various other depts have IT work that they need doing, and we have confirmed with a senior source in another dept that they will have to go to external agencies to get the work done if central IT wont do it.
So, myself and the other 2 are proposing to form a new company (probably ltd or llp) and offer our services back to client. We have already confirmed with the client senior source that they are indeed interested in this: they know us and we know them and the codebase etc.
The broad question is: whats the best way for us to form and run a consultancy where
- we may be working for different amounts of time for the client (we have slightly diff skills)
- we may have different ideas in the future about how to take money out (salary vs divs etc)
I wonder if there is a 'template' or a 'best practices' for this kind of thing somewhere?
If not, any advice from ppl that have been through the same thing would be very helpful.
thanks in adv
Ian
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