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Ten Factors to Consider Before Jumping into Independent Consulting

Successful Independent Consulting

Money management · Cash flow – This is probably the hardest part about being self-employed, especially if you are going to work with large companies. This means that if you work 100 hours in January and bill for it on January 31st, you probably won’t see any cash until the middle of March. Do you have the cash to make ends meet?

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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk. As a result, companies should actively explore emerging technologies that could provide a competitive edge in the market.

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Start taking advantage of these 5 trends for small business in 2023

Asamby Consulting

Cash flow, cash flow, cash flow The economic climate is still unstable. In this economic climate, it remains critical for small business to stay on top of their cash flow. Recruit smarter, not harder The shift in the labor market is here to stay. You can unsubscribe at any time.

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Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

For example, a marketing agency can use Project Management software to track the progress of various campaigns, ensuring timely delivery and optimal resource allocation. With streamlined billing, the firm experienced faster payment cycles, significantly improving its cash flow and financial stability.

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The cost of hiring a consultant for small business in 2023

Asamby Consulting

Strategy Consultants Strategy consultants for small business help your company to find it's strategic positioning in the market. They support you in making fundamental decisions regarding your product, your service, your pricing or your target market. Marketing Consultants Many marketing agencies call themselves consultants these days.

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Honing and Highlighting the Consulting Skillset

Tom Spencer

While we already do solve problems — big and small — in our everyday lives, you need to be sure to highlight targeted and specific examples on your CV. That is, demonstrate these skills with specific examples and action verbs instead of stating “I am a good problem solver”.

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

Successful Independent Consulting

Here’s an example. For example, facilitation, workshops, coaching engagements, and possibly assessments. For example, a report, plan, assessment, workshop, list of recommendations, or a specific number of coaching sessions. It’s also easier to bill in installments, including a down payment, so you can get cash flowing sooner.