Remove Benchmarking Remove Operations Remove Small Business Remove Training
article thumbnail

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.

article thumbnail

The cost of hiring a consultant for small business in 2023

Asamby Consulting

Your business is struggling and you seek outside help? But what does a consultant for small business cost? What is a consultant for small business A consultant for small business helps smaller organizations achieve their goals. A nice add-on is when the consultant has own experience in small business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Understand Key Metrics in a New Industry

Tom Spencer

These numbers were used to describe the health of a business or industry, to identify trends, or point out top performers. To help me understand these new numbers I use analogies based on my initial training to help me understand a new industry. They have an operating budget based on the amount of their grant.

Metrics 88
article thumbnail

The Outside-In Approach to Customer Service - SPONSOR CONTENT FROM HBS EXECUTIVE EDUCATION

Harvard Business

Best Buy responded by reengineering the design of its stores and training some of its staff to be generalists who could help women traverse their stores. The company applied the same concerted effort toward serving other valuable customer segments it had discovered, including small business owners and music aficionados.