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Your Complete Guide to Subcontracting as an Independent Consultant

Successful Independent Consulting

Having consistent cash flow is one of the hardest parts about being self-employed, especially when youre just starting your business. To improve cash flow, I recommend subcontracting as a way to generate income while you continue to build your own business. It can be difficult for veterans, too!

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Economies of Scope - Tom Spencer consulting blog

Tom Spencer

Marketing – The cost of advertising can be shared across products. More stable cash flows are attractive for three reasons. Secondly, a strong cash position can also be used to extend credit to customers and thereby increase sales. Firstly, they can be used to negotiate more favourable credit terms with banks.

Cash Flow 117
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Taking Greater Risks to Enjoy Greater Rewards with David Baker: Podcast #14

Consulting Success

Description: David Baker is a consultant who has been working with marketing firms and advertising agencies since the late 1980s. David focuses on finances, benchmarking, performance, and positioning of firms, as well as PR, advertising, and more. Taking Risks Means Securing Success.

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What MoviePass Can Teach Us About the Future of Subscription Businesses

Harvard Business

Even a slight tweak — such as moving to a club pricing model like Costco’s — might have solved its cash-flow problems. Its grand vision was to accumulate millions of consumers so that it could monetize them through advertising.

Cash Flow 128
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Considerations for Starting your Consulting Career at a Boutique Firm

Tom Spencer

However, keep in mind that in the event of a shock to a boutique firm’s cash flow (due to an economic downturn or more unique circumstances), compensation can crash since they have comparatively limited resources to insulate against financial setbacks. There is also much to be said about other types of compensation (e.g.

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What We Lose When Giant Investment Funds Run All Our Companies

Harvard Business

One giant mutual fund, which spends $135 million on advertising how thoroughly it works for clients, has just one employee overseeing the voting and stewardship of 10,000 companies. They mean that I can have the rights to the cash flows from a company’s shares without owning the share itself. And that is not the end of it.

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Fool Me Once Or Fool Me All The Time

Martinka Consulting

Zweig writes that any form of modified profit isn’t cash flow. So let’s look at the above in the context of other areas, starting with advertising. A perfect example is car dealers who advertise free oil changes for life. For more, just Google the terms Warren Buffet and Ebitda. Well, if it sounds too good to be true….