Remove Consulting Remove Efficiency Remove Insurance Remove Marketing
article thumbnail

Empowering Small Business Growth Through Consulting

Business Consulting Agency

This is where small business consulting services step in, offering tailored guidance and support across various critical areas. Let’s delve into the benefits and essential assistance that small business consultants provide to help these enterprises thrive. Empowering small business growth through consulting services.

article thumbnail

New Technologies in the Insurance Landscape (Part 2 – Blockchain)

Tom Spencer

Insurance industry observers, for their part, believe that the innovative distributed ledger could introduce a variety of improvements and efficiencies to the insurance landscape, and have the following four applications: Fraud detection. Peer-to-peer insurance. Peer-to-Peer Insurance. Identity management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

New Technologies in the Insurance Landscape (Part 3 – Cloud)

Tom Spencer

For this reason, any reticence the insurance industry showed early on has been replaced with a holistic embrace of trusted cloud platforms. Cloud in the Insurance Sector. Implementing cloud technology into the insurance industry is a positive step towards building a digital insurance landscape. Final Note.

article thumbnail

Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

It takes practice to quote your consulting billing rate with confidence. Talk with other consultants, do a web search on typical management consulting rates in your city or state, and/or try converting your employee salary to an hourly rate. Figure out your market rate. This is your market rate.

article thumbnail

For Beginners: A Roadmap into the Consulting Industry

Tom Spencer

Whether I was talking to graduates, MBAs or experienced professionals, as a consulting club president at business school, I was frequently asked the same question, “What is the most efficient and quickest way to transform into a consultant?”. As is a consultant’s usual practice, let’s first clarify what the question is about.

article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

Firstly, by outlining the major items on a bank’s income statement, and then by discussing key ratios that are commonly used to measure profitability and to estimate the market value for banks. In this 2-part series, we will address these questions. Image 3: Illustrative example of a bank’s operating expenses 4.

Banking 88
article thumbnail

Blockchain: New Use Cases for Governments and Business

Tom Spencer

Blockchain has already had a significant impact in the finance industry with the global cryptocurrency market cap now exceeding $1 trillion. Low transaction costs will also be necessary to ensure efficient operations and to ensure that blockchain systems offer a cost advantage over the status quo.