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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company? Other tips: Benchmark your rate to increase your confidence.

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Role of US Business Consultants for Foreign Companies

Business Consulting Agency

Entering the US market as a foreign company presents immense opportunities for growth, expansion, and global market reach. Let’s explore the importance of working with US business consultants as a foreign company entering the US market and how it can pave the way for business success.

Company 52
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An Insight into Special Services: Transfer Pricing

Tom Spencer

The most prevalent case is when goods or services are being exchanged between different departments of the same corporation, or subsidiaries belonging to the same holding company. Firms do this mainly by searching for companies with similar profiles, and benchmarking prices against those used in the broader market.

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Importance of Culture for Mergers and Acquisitions

LSA Global

Smart acquisitions can provide immediate access to valuable new products, technologies, talent, intellectual property, clients, and geographies. High-performing companies have notably higher levels of strategic clarity and alignment regarding what they do, why they do it, and how they do it. The appeal is quite clear.

Culture 36
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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

The success of platform companies like Airbnb, Amazon, and Netflix has led to envy bordering on despair for their competitors. Companies are right to be worried. Our research shows that companies with platform- and network-based business models are exponentially better at creating value. So what’s a legacy company to do?

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4 Mistakes That Kill Crowdsourcing Efforts

Harvard Business

The original crowdsourcing companies had service models that overcomplicated their core processes. Precisely because they are unique, one Quirky product rarely improves another Quirky product, whereas one Uber ride helps benchmark the price and quality of another Uber ride and each Google search helps improve results of another Google search.

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Your Company Needs a More-Radical Board of Directors

Harvard Business

And second, they need to ensure that – even with respect to strategy and operations – board scrutiny doesn’t result in an over-emphasis on conforming to benchmarks and industry norms. I’m not against benchmarking and norming. Most boards would benefit from richer data sets that compare their company to others.