The road from full time employee to independent consultant seems straightforward, and in many ways it is. But the feeling of going from the safe and protected world of steady paychecks and automatically withdrawn taxes to the Wild West of business ownership is anything but straightforward. Or comfortable. This is why LifeSciHub offers our “Independent Consultant Start Up Service”: for the full time employee transitioning into independent consulting.
“When I became an independent consultant I’ll admit it, I was flying blind,” says LifeSciHub founder and independent drug development SME consultant, Sheila Mahoney. “It was overwhelming. I knew other independent consultants but they seemed so established and sure of themselves. I felt like I had no one to ask. I made a lot of unnecessarily painful and costly mistakes.”
Getting established can include a host of thorny questions:
Should it be an LLC, an S-Corp, or a C-Corp?
What is an EIN and why should I care?
Do I need really need a bookkeeper, Quickbooks or equivalent, or can I get by by myself by using Excel?
What business insurance do I need?
What do I need to be aware of with respect to contracts and legalese?
What should my hourly rate be?
Do I need a website?
I hate the word “sales” and “salespeople” and “business development”. How do I get projects?
The LifeSciHub Independent Consultant Start Up Package answers all these questions and more. Sheila Mahoney, founder of LifeSciHub, has read, written, and signed hundreds of drug development services agreements with every top 20 pharmaceutical company and hundreds of small and mid sized global pharma. She has negotiated over $250,000,000 of drug development projects in nearly every functional area: clinical, regulatory, biostatistics, pharmacovigilance, commercial, and manufacturing. In addition, the LifeSciHub professional network includes hundreds of once-FTE/now independent consultants who are happy to share the benefits of collective experiences and networking.
There’s no need to go it alone! Get in touch to find out more now!
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