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What is the Professional Services Industry All About?

Progressus

And —rather than selling physical products, they deal in less tangible resources like time, insights, and expertise – billed either by hour or by project. What’s surprising is that Professional Services revenue growth averaged 34% in the 2H 2022 snapshot, representing a 44% increase over 2H 2020.

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Getting Your Deal Done

Martinka Consulting

However, they designed and installed very complicated systems and guess who was the only person on staff who could do the bids? Pay them a fair wage, have a good culture, and keep productivity high. I recently saw a business for sale and on the surface it looked great, with $1 million of earnings. Yep, the seller.

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Profit Leakage Calculator: Diagnose How Much Profit a Business is Losing

ConsultX

They are seeing first hand how many opportunities are being missed to improve profitability and cash flow just from existing operations alone. Today, in 2022 - the profit leakage calculator has been used over 15,000 times and has undergone many fine-tuning adjustments to the algorithm to improve accuracy.