Hoping maybe to have some insight into the whole process behind IT contract work. As I was laid off a few weeks ago and the hunt for work again I've had a few people contact me about contract work, but they say that in order for me to get the wages I want that I would have to be self-employed or set up a sole proprietorship.
As I've always worked for someone and always received a pay cheque in my bank account every two weeks this is foreign to me. What are some pros/cons of doing this that you guys have ran into? Is this more a giant pain in the arse than anything?
Feedback would be appreciated as I want to ensure I'm doing the right choice for my career.