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Ten Factors to Consider Before Jumping into Independent Consulting

Successful Independent Consulting

Sure, it sounds fabulous – be selective about which jobs you take, have a flexible schedule, escape office politics, make really good money – but it definitely has some drawbacks. Money management · Cash flow – This is probably the hardest part about being self-employed, especially if you are going to work with large companies.

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Considerations for Starting your Consulting Career at a Boutique Firm

Tom Spencer

There is no established definition of what identifies a consulting firm as boutique. Not all boutique firms generously share profits with junior consultants, but some definitely do. In this article, I will give you a big picture idea of boutique consulting and what you should consider before starting your career at this type of firm.

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Is It Time to Consider a Fixed Fee for Your Consulting Services?

Successful Independent Consulting

Is there a definitive deliverable? It’s also easier to bill in installments, including a down payment, so you can get cash flowing sooner. Do not quote a fixed fee when you’re a member of a larger team or if technology changes are involved — you can’t control the timing or final outcome.

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Honing and Highlighting the Consulting Skillset

Tom Spencer

For instance, if you are applying for a role in the financial sector it would be great if you can highlight occasions where you constructed discounted cash flow models as part of a project, or automated workflows using VBA. In fact, team sports is an often overlooked way of demonstrating teamwork.

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Do you have assets?

Tom Spencer

Looking at it this way, assets will be resources that increase in value or generate cash flow. You may have one eye on cash flows, but you are basically trying to ensure your organisation’s long term survival and prosperity. If you are a strategist, then your goal is different again.

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Do you have assets?

Tom Spencer

Looking at it this way, assets will be resources that increase in value or generate cash flow. You may have one eye on cash flows, but you are basically trying to ensure your organisation’s long term survival and prosperity. If you are a strategist, then your goal is different again.

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Frameworks for the Case Interview (Part II: Mergers and Acquisitions Framework)

Tom Spencer

Of course, financial experts have many detailed definitions of M&A. There are three main valuation methods you can use to estimate the value of the company: Discounted Cash Flow , Comparable Companies , and. These articles are written by professionals in a reader friendly language; you will definitely appreciate them.