article thumbnail

Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

They don’t know to add a hefty margin to cover things like self-employment tax, business expenses, health insurance, and nonbillable time spent on business administration. Or did you learn on the job as an internal resource with a company, and if so, did you have access to formal training?

article thumbnail

Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. Distribution Channels The wealth management landscape consists of a range of distribution channels, ranging from high touch (i.e.,

Banking 78
Insiders

Sign Up for our Newsletter

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

article thumbnail

Empowering Small Business Growth Through Consulting

Business Consulting Agency

However, navigating the complexities of business operations, strategic planning, and growth can be challenging for small business owners. They work closely with business owners to assess current operations, identify growth opportunities, and develop actionable strategies to achieve long-term goals.

article thumbnail

Examples of Organizations Who Have Top Business Training Programs

Clarity Consultants

Many companies are already operating with lean staff, due to high attrition rates and not replacing staff, not to mention downsizing as a result of a difficult economy. In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. McKinsey & Company.

article thumbnail

Why Doctors Need Leadership Training

Harvard Business

Even though medical institutions have designated “leadership” as a core medical competency , leadership skills are rarely taught and reinforced across the continuum of medical training. In medicine, physicians not only begin managing and directing teams early in their careers, but they rise through the ranks uniformly.

article thumbnail

How Much Does Running a Consulting/Coaching Business Cost? Here's How to Figure it Out

Consulting Matters

I asked my partner Jen Hamilton - our community Chief Operating Officer to be my guest today and share all the deets on the what you'll need and how much it all costs so that you can plan in advance for both the startup and ongoing costs. Insurance (4:47). All right, moving on to insurance. And I find that it’s very easy.

article thumbnail

Why the Insurance Industry Can’t Risk Overlooking Artificial Intelligence - SPONSOR CONTENT FROM COGNIZANT

Harvard Business

The insurance industry has not been immune to AI’s advancement – whether implementing robo-advisors for investment management (Vanguard and Charles Schwab) or applying AI to insurance and loan underwriting (the Chinese search giant Baidu, which provides enhanced risk assessment capabilities). Assess readiness.