I have a friend who has a good job with a good company. As we all do, this friend is concerned about being laid off if a reorg happens, but recognizes that it is out of her control. What is in her control is her future, back-up plans, networking, etc., in case the layoff happens.
One option she is considering is becoming a consultant. While there is quite a bit of paperwork involved in setting up her own business, her biggest question is this: can she start setting it up/even begin doing some work, WHILE she is still employed by a company?
In addition, what other advice, pointers, hurdles, etc., would you share with her?