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How to Make Your Consulting Joyful (Again)

David A Fields

On the other hand, if your consulting firm’s workload has dipped, you’re fretting over the new business pipeline and combatting fears about cash flow, expenses, and the effects of a recession. Either way, … Continued. The post How to Make Your Consulting Joyful (Again) appeared first on David A.

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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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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

Utilization goals must strike a balance between short-term revenue targets and long-term considerations to avoid burnout or underutilization, which can lead to cash flow issues. Over time, this KPI facilitates precise cash flow forecasts, enabling strategic investments in line with long-term objectives.

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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. There are several ways to get some cash-flow relief to help you pay your bills in the near term as a result of the $2 trillion CARES Act: 1. A stimulus payment from the U.S.

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Unlocking Business Profit Potential

Business Consulting Agency

In this article, we’ll outline the essential steps to increase profits with the help of consulting services and emphasize the pivotal role of business consulting agencies in achieving financial success. Review income statements, balance sheets, and cash flow to identify areas that impact profitability.

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The Food Industry Learns the Value of Small Batch Thinking

Markovitz Consulting

That places a huge cash burden on the distributors and suppliers. But as the article notes, Retail customers, though, have a peculiar habit of paying up front. The cash flow model is incredible,” said Adrian Hoffman, an owner of Four Star Seafood in San Francisco. This has proved to be a boon for some companies.

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5 Ways to Stimulate Cash Flow in a Downturn

Harvard Business

Be generous with customers — and aggressive with near-term revenue and expenses.