In Pictures: 15 tips for surviving - and thriving - as an IT contractor

Pundits are calling 2014 the year of the IT contractor. Here are 15 tips for setting up shop and making it stick.

You = small business owner Contract workers have to worry about issues that full-time employees don't. They have to determine whether they will work as solo practitioners or incorporate. They have to secure healthcare and life insurance, establish and maintain a billing system, and estimate their own taxes. And they have to understand what laws apply in what geographic areas and determine how to best comply, says Mark P. Aiello, president of the Wakefield, Mass., professional services and staffing firm Cyber 360 Solutions.

"There are a ton of administrative issues one has to think about," Aiello says, noting that seasoned contractors often turn to staffing firms, accountants and lawyers to help guide their business decisions.

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