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Profit vs. Positive Cash Flow

CaseInterview.com

In other words, the client wasn’t just wrong about some facet of the market, competition, or company. They’re obsessively concerned that their sales growth will be too low to generate enough cash to pay the bills. When revenue is collected, that’s called positive cash flow. The client was 180 degrees wrong.

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Ten Factors to Consider Before Jumping into Independent Consulting

Successful Independent Consulting

Money management · Cash flow – This is probably the hardest part about being self-employed, especially if you are going to work with large companies. This means that if you work 100 hours in January and bill for it on January 31st, you probably won’t see any cash until the middle of March. Do you have the cash to make ends meet?

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Nine Things to Think About Before Taking the Leap to Independent Consulting

Successful Independent Consulting

Cash flow – This can be the hardest part of being self-employed. Relatedly, your cash flow will likely be erratic. See the point above about erratic cash flow.) While a severance package can ease the cash-flow crunch, being laid off can be demoralizing.

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How Middle Market Companies Can Avoid a Liquidity Crisis

Harvard Business

Following these steps can reduce a company’s working capital needs and increase earnings and cash flow. To improve this working relationship, focus on aligning the teams, improving the quality of forecasts, map forecasts to the supply chain, and optimize for profitability rather than predictability.

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5 Steps to Becoming a Millionaire as a Solopreneur

Successful Independent Consulting

Cash flow will be erratic, and it takes time (sometimes years) before you feel confident about making a living as a solopreneur. My cash flow was erratic as an independent consultant, ranging from $5,000 to $28,000 a month. Financial stability is one of the top concerns when considering self-employment.

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Consultant Marketing Diving In

Jerry Fletcher

Their credibility as a referral source leads to more assignments and better cash flow. Jerry Fletcher is a sought-after International Speaker, a beBee ambassador, founder and CEO of Z-axis Marketing, Inc. Learn more about Credibility to Cash. They refer the experts they know to fill a client or prospect’s needs.

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Embracing Your Expertise: The Importance of Believing in Yourself with Ann Carden

Consulting Matters

About the guest: Ann Carden has an extensive 41-year business and marketing background. This guide will help you get a simple "what I do" message – even if what you do as a consultant or coach isn't simple. Plus, you'll get a networking script to connect with potential clients easily.

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