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

Successful Independent Consulting

We’re in an unprecedented situation because of the COVID-19 coronavirus, and the economic fallout has been drastic for many business sectors, such as travel and restaurants. Credit cards A cash payment from the U.S.

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 For me it’s time with family and friends and traveling.

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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. Take a look at your cash flow and what a change to sales or staffing could do.

Due Diligence by Management Consulting Firms

Tom Spencer

The investment bankers assess current and projected future cash flows to determine how much debt they can take on, service, and pay down.

Don’t Drive (Your Business) Over the Curb

Martinka Consulting

Owners travel a road every day and their road has curbs. It’s tough managing 50 people instead of 15 or handling cash flow at a level beyond what the line of credit allows for. The wider the road the better. Last month I wrote about customer concentration, a dangerous curb that significantly narrows the road (decreases value). Another important one is growth, or the lack thereof. What are some of the common reasons for a lack of growth?

Fool Me Once Or Fool Me All The Time

Martinka Consulting

A 1932 research paper showed firms had loaded up with cash and post-crash, “companies were flush with cash and investors beleaguered,” which they wouldn’t pay out. Zweig writes that any form of modified profit isn’t cash flow. I get the feeling many people, even in my industry, don’t understand the difference between profit, Ebitda, and cash flow. Owner “perks” like cell phone, car, travel to conferences, etc. (as

Improve Business with Technology!

Women in Consulting

Insperity Reveal – Insperity products are designed to provide pictures rather than statements to become an advisory tool for cash on hand, A/P, A/R, cc debit, COGS, equity. Business Travel. By: Renee Daggett.

Getting the Deal Done recap

Martinka Consulting

Joe relayed his fascinating story about how he went from being a senior class president who left school one month short of graduating (to “stick it to the man” only to discover “the man” didn’t care), traveling the world, developing a passion for chocolate that allows farmers to be sustainable, and founding the worlds first bean-to-bar sustainable chocolate company.

Time to Short the US Dollar? Go Long Commodities?


Bunds will not be able to follow the re-pricing of Fed (away from early 2015 hike) and growth in the US (It’s not the weather) as Q2 gets revised back down to 2.25-2.50% and geo-political risk and lag of global earnings for S&P-500 companies reduces margin and cash-flow.

4 Assumptions About Risk You Shouldn’t Be Making

Harvard Business

“Two roads diverged in a wood, and I—I took the one less traveled by, and that has made all the difference.” Most executives know that the present value of an investment comes from projecting its cash flows and discounting those numbers into today’s dollars.

AAA – Not to the Rescue

Martinka Consulting

When it comes time to sell however, they want to demonstrate that the business has more cash flow than the tax returns (and financial statements) show. Supposed) personal travel, meals, etc. If the only way a buy-sell deal can be made to work is because of AAA, it’s probably not worth doing. AAA stands for: Adjustments. Assumptions. Add-backs. In the world of privately held businesses it is common that the owner’s goal is to pay as little tax as possible.

Every Fast-Growing Company Has to Combat Overload

Harvard Business

But by the 1990s it had run aground: It hadn’t properly developed systems to implement its growth strategy internally, and so that strategy broke down at dozens of points of execution on the front line—with customers, crew, staff on the shore and the company’s travel agent partners.