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

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 stimulus payment from the U.S. government 2.

Cash Flow 248
Insiders

Sign Up for our Newsletter

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

article thumbnail

How I Became a Millionaire as an Independent Consultant

Successful Independent Consulting

As an independent consultant, cash flow is erratic. I’ve poured all that learning into the knowledge base and webinars at the Professional Independent Consultants of America , a new membership organization and ecosystem I co-founded to help independent consultants be successful. Siphon off 40% of every client payment.

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
article thumbnail

5 Things That Will Increase Income and Profits

Women in Consulting

We can also do specific things that can increase our cash flow. Offer New Services: If you want to improve your cash flow and build your business, think of adding additional service offerings to yourcustomers/clients. It can be a recorded webinar with valuable information.

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! Create a special offer on one of your programs or design small event and entice people to sign up by inviting them to a: Free webinar. Before we get started. Free 3-part video series. Live Q&A call.

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! Create a special offer on one of your programs or design small event and entice people to sign up by inviting them to a: Free webinar. Before we get started. Free 3-part video series. Live Q&A call.