Should I create an agency for my future products?

Edgardo Ramírez
8 replies
Hi Makers! I am about to start building many things like templates, JS plugins/small apps, plugins for services like figma, sketch, zeplin, etc. but I'm wondering whether should I do this with my current freelance developer profile or is better to create an agency and put everything there, what do you think?
Yes
No

Replies

Founder & CEO, Hustle Crew
I think it depends what you want. If this is about maximising revenue, and you can do that as a freelancer - why give yourself extra work setting up an agency? That comes with its own legal and administrative tasks that are time consuming and take away from your time building products.
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Full stack web & mobile developer
@abadesi Hi @abadesi! Thank you for your reply. I'm Indeed trying to increase my income but regarding the Agency, is more like to put everything on behalf of a company name to look more serious instead of doing it with my own name. I am already paying taxes and doing accounting since the very beginning but I was thinking on that doubt I am having because some clients prefer to work with Agencies instead of single developers and some others the opposite.
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Founder & CEO, Hustle Crew
@_soldier I'm a big believer in authenticity and if you pretend to be an agency when you are still just a freelancer it is deceptive. That's just my opinion!
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Full stack web & mobile developer
@abadesi Me too, I really appreciate your opinion :)
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Founder, Konjor AI
@_soldier @abadesi I'm not so sure about this. There are plenty of agencies that are just single-person shops initially. I think what really matters is how you represent yourself, if you talk like you have 10 employees then I agree that is deception. 'Maximizing revenue' often looks different when seeking short-term vs long-term benefits. I just went through this same thought process a few months ago and chose to make a container business. IMO the upsides outweigh the downsides. Some important considerations to think about before you decide: • You can sell a brand • You can grow and hire people if things take off • Depending on the structure you could more easily take investment or reduce personal legal risk • Single person LLCs don't have terribly complicated taxes (pass-through entity) • Easier to write and explain on a resume/job app • Your brand doesn't have to be 'you', ie you can keep your personal social media and professional efforts separate • If well-executed, the company itself turns into a very nice portfolio piece It is more work to set up a professional brand for sure, but I am happy I did it and would do it again. My 2¢.
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Full stack web & mobile developer
@abadesi @tylerlastovich Those are the exact points I have in mind! Even hiring 1 or two people from the beginning to do more stuff is a plan.
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