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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. Corresponding worksheet here. )

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Nine Things to Think About Before Taking the Leap to Independent Consulting

Successful Independent Consulting

Cash flow – This can be the hardest part of being self-employed. Relatedly, your cash flow will likely be erratic. See the point above about erratic cash flow.) While a severance package can ease the cash-flow crunch, being laid off can be demoralizing.

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Empowering Small Business Growth Through Consulting

Business Consulting Agency

This includes market analysis, competitor research, financial planning, and creating sustainable business models that drive profitability and scalability. Financial Management and Analysis Financial management is a cornerstone of small business success.

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Why Life Insurers and Asset Managers Must Join Forces to Win

BCG

Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. Yet that income stream is weakening, as low-risk investment yields dip toward 0% and central banks continue to drain the bond markets. How do we manage capital consumption and the volatility of our assets? Can we cut costs to boost overall profit?

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You Can’t Pizza Party Your Way to a Great Corporate Culture

Harmonious Workplaces

Earlier that month, the administrative assistant informed everyone that health insurance costs would rise without additional subsidies and no one would receive holiday bonuses this year. The uncertainty of the market, unstable cash flow, and the seemingly never-ending threat of recession may force companies to make tough decisions.

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The Corona Virus for Small Businesses

Consultant Journal

How should small business owners manage the corona virus, aka COVID-19 ? In the meantime, based on current information, you can take the following steps: Managing Employees. Think about what’s actually needed for your sales and marketing : Wave or nod instead of shaking hands. Their recommendations should inform your decisions.

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Setting Up a Foundation for Consulting Success

Successful Independent Consulting

If you can, pay your health insurance with this same card since it too will be tax deductible. Moreover, you’ll want to set up and manage your business in a way that makes accounting easier as well as taking advantage of valuable tax deductions. Determine if you need business insurance or need to increase your personal coverage.