The power of one

Individuals and small enterprises wishing to be free to pursue their business instincts instead of being tied down by corporate infrastructure issues can sign up with BOTH USA LLC.

BOTH—for “back of the house”—takes care of a multitude of necessary but distracting and time-consuming chores. BOTH takes on such responsibilities as billing, managing receivables, collecting bills, preparing tax forms, setting up online bank accounts and information technology services, obtaining health care and retirement plan coverage, and much more. (You’re even assigned a personal manager.) Their services even extend to managing aircraft expenses. BOTH charges a $1,995 setup fee plus $399 per month.

“BOTH gives the entrepreneur the functionality and continuity of a traditional, big corporation, obviating the need for multiple service contracts,” said Erik Vonk, CEO and founder of the St. Petersburg, Fla., company. “As a private pilot, I know that companies in the aviation industry increasingly rely on solo practitioners and freelancers. BOTH turns these workers into ‘businesses of one,” he said.

November 7, 2009