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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. Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams.

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Should Consultants Charge an Upfront Fee or Charge at the End of a Project?

Steve Shu Consulting

Here’s one anecdotal story: I once managed a business advisory practice as part of a large, international and diversified products and services firm. There are many other examples that I could come up with. However, consulting firms have cash flow considerations to make. I’d avoid collecting money entirely (i.e.,

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Thoughts on Blockchain & Crypto

CaseInterview.com

A company has a product or service that solves a customer’s problem. Customer buys product or service from company. Whether the product is the iPhone, a delicious ice cream cone, or a million-dollar piece of enterprise software, this makes sense to me. Crypto is not a product. The customer hates their problem.

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Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

Increased Productivity: Streamlines project workflows, reducing time wasted on administrative tasks. For example, a marketing agency can use Project Management software to track the progress of various campaigns, ensuring timely delivery and optimal resource allocation.

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The cost of hiring a consultant for small business in 2023

Asamby Consulting

They support you in making fundamental decisions regarding your product, your service, your pricing or your target market. What can you afford: Cash Flow Cashflow is king for small business. So first, you must check what size of investment your cash flow can accommodate. Your monthly free cash-flow is 10,000.

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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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26 Exceptional Employee Engagement Quotes

Rick Conlow

Overall, are 240% more productive on key measures. A key example question is, “I recommend my company as a great place to work.” For example, if you have 60% with 10 and 9, and 15% 6-0, the eNPS is 45%. You can measure employee engagement by the performance of employees, or a company compared to the competition. Paul Marciano.

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