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

Successful Independent Consulting

We’re in an unprecedented situation because of the COVID-19 coronavirus, and the economic fallout has been drastic for many business sectors, such as travel and restaurants. For us as consultants, the effects are likely to be more gradual but our income will likely be affected. A loan from the Small Business Administration 3.

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5 Steps to Becoming a Millionaire as a Solopreneur

Successful Independent Consulting

Cash flow will be erratic, and it takes time (sometimes years) before you feel confident about making a living as a solopreneur. When you subcontract through an agency or consulting firm you are usually paid about 65 percent of what you're worth. Get repeat business. For me, it's traveling. Spend wisely.

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The Corona Virus for Small Businesses

Consultant Journal

How should small business owners manage the corona virus, aka COVID-19 ? It’s a question on the minds of many entrepreneurs, as Fortune 500 companies announce new protocols for travel, meetings and even use of coffee cups. Take a look at your cash flow and what a change to sales or staffing could do.

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How I Became a Millionaire as an Independent Consultant

Successful Independent Consulting

How can other self-employed consultants become wealthy too? Reflecting on my years as an independent consultant, I’ve boiled it down to five keys to success. Five Steps to Becoming a Millionaire Consultant 1. Subcontractors to an agency or consulting firm are usually paid about 65% of what they are worth. But I digress.)

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Fraud or Just Marketing

Martinka Consulting

In my world of small business buy-sell there are almost as many ways to inflate a business’s income as there are on Wall Street. What this means is the owner’s salary, medical insurance, cell phone, car, travel, and more are added to profit because these items are “discretionary” not necessary. Bob Marley.