Umbrella Company or Network?
Three friends and I are all professionals in Public Relations, Marketing, Image Consulting, Event Planning and Branding. Though we all work independently we usually assist on each others projects and pool our resourses. One person may be a leader on a particular project and then everyone else falls into place by giving help where it is needed. At times we all work on the same projects collectively, giving our help in whichever areas we each specialize in.
We are now coming together and forming a company which embodies each of our individual businesses yet allows us to work together and pool our resources. Would this be considered an umbrella company?
Thanks in advance for your advice.
Just to clarify we all work together and we share the profits of each project. For instance, if I am the project manager of a particular assignment I would make a little more than everyone else working on that project because I was responsible for securing the job. What I mean by pooling our resources is that we each have our own seperate businesses and along with that comes having our own lists of contacts and our own skills so whenever we have something we are working on we call upon the resources of the others.
