June 22: How to make a company in 24 hours

For whatever reason I didn’t mention this on the 19th. I made a new company OttrCo, LLC in about 24 hours.

I have always been a company man and haven’t worked as an independent contractor before. It ends up it’s a bit more complicated than I thought. After reading the contract I saw that I needed insurance. I called my insurance company and they were like…

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Now presenting OttrCo, LLC a Close Limited Liability Company of Wyoming. The Squarespace logo generator made me this via automatic generation:

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So now I have an LLC, insurance and soon a bank account. In the end it probably cost me more than the job. But it’s a good experience to understand how it works when you aren’t a multinational conglomerate.

Tom ArthurComment