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RE: [softwaredev-17] Becoming a contractor/self employed

From: user 5.
Sent on: Wednesday, November 12, 2008 1:54 PM


Hey Gord,


Congrats on the decision to become a contractor! J


Business licensing is easy for now.  Just go down to any motor vehicle branch (I think it’s ICBC is BC, right?) and ask to register a trade name.  Takes 5 minutes, and around $40.  You now have a registered company, and can go to the bank and open up a small business account.


For taxes, as to not screw yourself in the long-term like I have, and if the funds will be hitting your bank account, then register a BN (business number) with the CCRA.  It’s free, and just registers your business with the government, so you can submit monthly payroll taxes that you deduct off your own check.  Once a month, you’re supposed to submit payroll taxes which include federal and provincial income tax, CPP and EI.  Quickbooks can automatically determine the amount to deduct from your check, or there’s charts available at the CCRA site to.


You can register for a BN here:



And payroll tables are at:



Book keeping, I’d suggest a quick consultation with an accountant, and Quickbooks. J


Contracts, don’t know, haven’t really used them in years.  I only have a small handful of clients these days, and they’re all good people, so don’t need anything in writing.  I’m sure a quick Google search will come up with tons of generic contracts though for non-disclosure, non-compete, exclusivity, etc.


Promoting and marketing?  Ahhh, if only we all had the solution to that little problem. J


Hope that helps, and good luck!





From: [address removed] [mailto:[address removed]] On Behalf Of Gord Harris
Sent: Wednesday, November 12, 2008 1:39 PM
To: [address removed]
Subject: [softwaredev-17] Becoming a contractor/self employed


Hi all,

During my 10 year career as a softare developer I have always been enaged in the role of a full-time, permanent employee. Now I am interested in learning about becoming a contractor and/or self-employed.

I am comfortable that I have the skills and experience to handle most technical challenges. However, I can only guess at what I would need to learn about:

- business licensing
- taxes
- contract wording
- book keeping
- promotion/marketing
- everything else <grin>

So, where do I start learning about all this kind of stuff?

For a point of reference, there may be an opportunity for me to peform some technical implementation work for a non-technical friend who has a business idea. As with all my efforts, I have a strong desire to provide effective results, yet I am hesitant to venture into any such arrangement without the business savy. And yeah, I don't want to mess-up and screw the friendship either.

Your input would be appreciated.



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