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How and When to Raise Your Consulting Rate

Successful Independent Consulting

Third, do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Try doing a quick survey of similar consultants you know (maybe ask them to select from list of price ranges). Or search the internet: for example, “typical consultant rate for organizational design in San Francisco.”

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Now Is the Best Time to Raise Your Rates

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Try doing a quick survey of similar consultants you know (maybe ask them to select from list of price ranges). As a consultant and solopreneur, how does your rate measure up against other services like accounting?

Policies 195
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Management Consulting versus Investment Banking

Management Consulted

Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases. Consulting compensates with perks that banking does not offer – from better travel allowances to more generous health and retirement packages. 2 LIFESTYLE.

Banking 272
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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

It takes practice to quote your consulting billing rate with confidence. Benchmark so you know your rate is reasonable. 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. There are lots of ways to do this.

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How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For example, should a benchmarking framework be used? While the scorecard is important, it’s important to not lose sight of how a scorecard is developed and what the scorecard could mean for your organization. Falling short on involving a broad part of the organization in the assessment & strategy development process.

Strategy 236
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Now Is the Perfect Time to Raise Your Consulting Billing Rate

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Try doing a quick survey of similar consultants you know (maybe ask them to select from list of price ranges). Or search the internet: for example, “typical consultant rate for organizational design in New York.”

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Understanding ISO 20700: Elevating Your Management Consultancy

Effective Managers

In the dynamic and highly competitive world of management consulting, standing out is crucial. It’s not just another industry buzzword; it’s a game-changer for those looking to elevate their consulting services to new heights. The Competitive Edge In a field as crowded as management consulting, differentiation is key.