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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Even if your pricing strategy is to use a fixed price or to use a hybrid approach (part fixed, part variable), use your base rate as the building block and to sanity check your package pricing. People who market themselves as independent professionals and operate as small businesses can charge more than those who work as subcontractors.

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Evaluating ROI on Your Company’s Learning and Development Initiatives

Harvard Business

Leaders can use an approach called balanced benchmarking, borrowed from operations management, to conduct a needs assessment and apply training where it can be most effective. The author explains how this approach was applied at a firm in the legal services industry and offers five strategies for implementation.

ROI 82
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Business Startup Investors And Business Consultants

Business Consulting Agency

Portfolio Strategy and Diversification Consulting services assist investors in developing portfolio strategies that optimize risk-return profiles and diversify investment portfolios. Consultants offer expertise in business strategy, market positioning, product development, sales and marketing strategies, and operational excellence.

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Consulting Services for Companies Entering the US Market

Business Consulting Agency

For international companies eyeing the vast opportunities in the United States market or those already operating within its borders, the complexities and nuances of doing business in the US can present challenges. These strategies are designed to optimize market penetration, mitigate risks, and achieve sustainable growth in the US market.

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Bank Profitability: Decoding the Income Statement

Tom Spencer

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. The biggest swing in operating expenses is likely to be variable compensation.

Banking 88
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Eliminating Margins for Business Errors

Business Consulting Agency

Explore the inherent risks of relying on guesswork in business operations and emphasizes the importance of working with experts through consulting services. Misaligned Strategies: Guesswork can result in misaligned business strategies that do not resonate with market trends, customer preferences, or competitive landscapes.

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How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For many strategy engagements, a lot of attention is paid to the detailed analysis framework. For example, should a benchmarking framework be used? Regardless of strategy technique, one key output of these efforts is often a scorecard summary. Or will that framework lead us down a path of mediocrity? A scorecard is tangible.

Strategy 236