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Determine the ROI of hiring a small business operations consultant

Asamby Consulting

This blog posts outlines what the ROI for hiring a small business operations consultant is. Other than their strategy consulting counterparts, they don't focus on product, market, positioning, competition and pricing. To understand the value that operations consulting generates, let's look at some example ROIs below.

ROI 52
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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. Topics they deal with include strategy execution, leadership, people, processes and tools. What can you afford: Cash Flow Cashflow is king for small business. Your ROI would be 100%.

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Case Math

Tom Spencer

Break Even Analysis: Relevant when trying to decide whether to launch a new product or invest in a project with high fixed costs. It is a useful tool for a company that is trying to decide which customer segments to target and how much to spend on customer acquisition.

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A Refresher on Marketing ROI

Harvard Business

Marketing ROI analysis can help answer those questions. I talked with Jill Avery, a senior lecturer at Harvard Business School and coauthor of HBR’s Go To Market Tools , about this concept and what it tells leaders about their spending on marketing. What is Marketing ROI, and How Do Companies Use It?

ROI 28
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What is the Professional Services Industry All About?

Progressus

And —rather than selling physical products, they deal in less tangible resources like time, insights, and expertise – billed either by hour or by project. For example, there’s McKinsey’s Power Solutions , a suite of cloud-based tools and analytics that clients can embed into their existing stack.

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

ConsultX

They are seeing first hand how many opportunities are being missed to improve profitability and cash flow just from existing operations alone. History of the Profit Leakage Calculator ConsultX has developed its own Profit Leakage Calculator as a diagnostic tool to discover the areas of a business that are draining the most profit.