article thumbnail

The cost of hiring a consultant for small business in 2023

Asamby Consulting

These specialists usually have some valuable experience, sometimes through formal training (MBA etc.) What can you afford: Cash Flow Cashflow is king for small business. So first, you must check what size of investment your cash flow can accommodate. Your monthly free cash-flow is 10,000.

article thumbnail

The 5 Growing Pains of Service-Based Businesses in 2023 (and how to overcome them)

Asamby Consulting

The 5 Growing Pains of Service-Based Businesses in 2023 (and how to overcome them) A service-based business is great because it is easy to start. Work with contractors To get over that initial cash-flow issue, it can make sense to rely on contractors instead of employees. It's chasing your own tail.

How To 52
article thumbnail

What is the Professional Services Industry All About?

Progressus

According to TSIA’s 2023 State of Professional Services report , services services remain at the core of professional services orgs across the spectrum. Unlike traditional projects — which typically take place over a fixed duration, KaaS offers a predictable, ongoing revenue stream that improves cash flow and creates more resilience.