article thumbnail

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?

Cash Flow 370
article thumbnail

The Corona Virus for Small Businesses

Consultant Journal

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. If your business meets with clients in person, you may want to look at your policies and processes to help keep clients and yourself healthy. Client Engagement. Business continuity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Profit Leakage Calculator: Diagnose How Much Profit a Business is Losing

ConsultX

Our Consultants are meeting with Business Owners around the world every day. They are seeing first hand how many opportunities are being missed to improve profitability and cash flow just from existing operations alone. This is Profit that is being missed out on from areas of the business that aren’t operating as they should.

article thumbnail

Overcoming Business Challenges with Business Consultants

Business Consulting Agency

Business consultants help companies analyze financial data, identify areas of improvement, and develop strategies for cost reduction, revenue enhancement, and cash flow management. Overcoming business challenges at times has to do with a lack of marketing and sales efforts. This results in a lack of growth.

article thumbnail

Need Clients Now? 5 Strategies to Quickly Get More Consulting Clients

Consulting Matters

However, there will be times when you have to feel the cash flow pressure and need to find clients.right now! Focus on adding on-the-spot value by asking good questions and focusing more on the people you are meeting vs. establishing your credentials. Before we get started. Look for ProBono Speaking Opportunities.

article thumbnail

Need Clients Now? 5 Strategies to Quickly Get More Consulting Clients

Consulting Matters

However, there will be times when you have to feel the cash flow pressure and need to find clients.right now! Focus on adding on-the-spot value by asking good questions and focusing more on the people you are meeting vs. establishing your credentials. Before we get started. Look for ProBono Speaking Opportunities.

article thumbnail

The End-of-Quarter Sales Rush Costs Companies Money

Harvard Business

Ask any organization what’s happening in the sales department on the last few days of the month and the entire last week of any fiscal quarter. Sales teams are closing deals, at all costs. million sales transactions from the anonymized data of 151 U.S. But sales managers also have to take some blame.

Sales 28