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Now Is the Best Time to Raise Your Rates

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Make it a policy. I also recommend making it your policy. Literally create a document titled “Rate Policy” and write down what rates you charge for what services. Your policy should be short, maybe half a page.

Policies 195
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Inflation: Understanding its Impact on the Economy

Tom Spencer

This article explores the nature of inflation, delving into its impact on different socioeconomic groups, the balance between inflation and unemployment, and the historical theories that have shaped monetary and fiscal policy decisions. Most mainstream economists have a strong aversion to deflation.

Policies 147
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Now is the Best Time to Raise Your Billing Rate

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Make it a policy. I also recommend making it your policy. Literally create a document titled “Rate Policy” and write down what rates you charge for what services. Your policy should be short, maybe half a page.

Policies 195
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Now Is the Perfect Time to Raise Your Consulting Billing Rate

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Make it a policy. I also recommend making it your policy. Literally create a document titled “Rate Policy” and write down what rates you charge for what services. Your policy should be short, maybe half a page.

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The Chimera of Consulting: Government and Public Sector Advising

Tom Spencer

Discussion on management consultancy often reduces the clientele of strategy firms to multinational corporations. MBB strategy firms and the Big 4 professional services companies all have departments specifically designated for public policy and chartable organizations, which is by no means a coincidence. Different mindset.

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Bank Profitability: Decoding the Income Statement

Tom Spencer

The interest rate set by the central bank serves as a benchmark or reference rate for banks. Banks typically adjust their lending rates based on the central bank’s policy rate. Jason Oh is a Senior Associate at Strategy& with a focus on financial services.

Banking 88
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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Benchmark so you know your rate is reasonable. I said I could do an assessment, strategy, and plan in three to four weeks and my rate was $225 an hour. As a business owner, right now make up your mind that it is your policy not to discount your rate. The tactics in this article will help if you bill by the hour or by the day.