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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company? I did this successfully for years.

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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities.

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Crisis Management: How Did the Financial Services Industry Fare During 2020?

Clarity Consultants

In 2020, the financial services industry had to put its crisis management plans into action. As the year went on, mandates changed, and customer expectations shifted, making continuous change part of the ongoing paradigm throughout the rest of the year. Do You Need to Refresh Your Crisis Management Training?

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Leveraging AI Tools for Business Success

Business Consulting Agency

Explore how AI tools can benefit businesses, provides examples of such tools, and discusses how business consultants can aid in successfully implementing these technologies. Example Tool: UiPath – A leader in Robotic Process Automation (RPA) that helps businesses automate repetitive office tasks.

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AI-Powered Clean Tech: Transforming Business Operations

Tom Spencer

Artificial intelligence has emerged as a powerful tool in transforming various industries, including renewable energy. By harnessing the potential of AI, companies can optimize the integration and management of clean technologies , leading to increased efficiency, cost savings, and environmental sustainability.

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How to Figure Out Your Consulting Bill Rate

Successful Independent Consulting

Was it at a big firm with formal training (for example Deloitte, Bain & Company) or did you learn on the job as an internal resource with a company? If the latter, was it a company that provided access to training like General Electric, or a small to midsize firm? Client’s industry — Who is your target market?

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How to Find the Exact Words that Attract Your Clients (and Gets them Excited to Work with You)

Consulting Matters

For example, one of my clients is a dating coach for accomplished, high-achieving women and through her surveys, interviews and amazon book reviews was the prevalence of fear and discouragement that these women experienced around the dating process and even finding love from someone who valued her strength. Interesting and memorable phrases.

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