article thumbnail

Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. There are several ways to get some cash-flow relief to help you pay your bills in the near term as a result of the $2 trillion CARES Act: 1. A loan from the Small Business Administration 3.

Cash Flow 248
article thumbnail

How I Became a Millionaire as an Independent Consultant

Successful Independent Consulting

As an independent consultant, cash flow is erratic. I always had the cash I needed to make my quarterly tax payments, and at the end of the tax year I usually had about $25,000 to put into my SEP-IRA. (A A Simplified Employee Pension is a type of IRA for self-employed individuals or small business owners.

article thumbnail

Deals Should be Nothing but Common Sense

Martinka Consulting

Recently Jessica and I attended a webinar put on by investor Tony Cappaert and his guest Sam Rosati, owner of two light manufacturing businesses. You must use free cash flow to truly calculate ROI. That day I put on LinkedIn how it seemed Sam was channeling my thoughts on things to look out for in a deal.

ROI 40