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Ten Ways to Boost Cash Flow as an Independent Consultant

Successful Independent Consulting

As a solopreneur, youre undoubtedly familiar with the feast-or-famine cash flow rollercoaster that most small businesses face. Downtime between projects combined with slow payments can wreak havoc on your bank account. Top Ten Cash Flow Boosters 1. Monitor your cash flow. Speed up the money coming in.

Cash Flow 195
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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. Realistically, it can take months for the money you earn to reach your bank account. strategy development, market research, transformation initiatives).

Cash Flow 195
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5 Steps to Becoming a Millionaire as a Solopreneur

Successful Independent Consulting

Cash flow will be erratic, and it takes time (sometimes years) before you feel confident about making a living as a solopreneur. My cash flow was erratic as an independent consultant, ranging from $5,000 to $28,000 a month. If I see money in my bank account, I get looser with my spending.

Cash Flow 195
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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet. Other sectors of retail lending have not fared much better.

Banking 133
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Investment Banking 101: Understanding the Industry

Tom Spencer

Investment banking forms part of the financial services industry involved in the underwriting, distribution, and trading of securities. What Investment Bankers Do There are several key roles within investment banking, including corporate finance, sales and trading, and research.

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Bank of Japan Seeks to End Stimulus, Currency Market in Disbelief

MishTalk

The bond markets and currency markets are out of sync with equity markets and widely-touted economic projections that things are getting better. Bond Market in Disbelief Today the spotlight is on Japan. Bank of Japan Confident Reuters reports Bank of Japan, more confident about recovery, quietly eyes stimulus exit.

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How I Became a Millionaire as an Independent Consultant

Successful Independent Consulting

Yet my bank account says I’m a millionaire. As an independent consultant, cash flow is erratic. If I see money in my bank account, even if it’s my savings account, I get looser with my spending. Every time I deposited a payment from a client into my regular bank, I immediately transferred 40% to the online bank.