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Being a self-employed consultant or “solopreneur” isn’t for everyone. I made the leap to independent consulting in 2004 and never looked back. Now I run a national talent agency for HR consultants as well as the Professional Independent Consultants of America, both organizations that help independent consultants be successful.
I made the leap to independent consulting in 2004 and never looked back. Cashflow – This can be the hardest part of being self-employed. Relatedly, your cashflow will likely be erratic. See the point above about erratic cashflow.) Corporate payment terms are typically “net 45” or longer.
‣ Stephen Devaux (USA), is a project management theorist, consultant, author, and educator with 36 years of experience. It’s important to remember that, all else (risk, cashflow, community relations, ethical or legal constraints) being equal, NO project sponsor has ever said they want LESS value from a project for their investment!
Share » Connect » Blog: Consulting and Organizational Development. Quick Tips for Consulting to Small Organizations By Carter McNamara on October 26, 2011. Don’t be afraid to look at the “business” or “hard” data, at least to understand the cash situation of the organization.
Just other day I posted an email exchange I had in which my correspondent argued that, contrary to what AFP (Association of Professional Fundraisers) and others may say, there are times when when contingency or percentage-based fundraising fees may actually be more ethical than flat fee or hourly rates. put] the needs of donors first.".
Cashflow is, however, the tricky one. Small business accounting tends to make cashflow a moving target anyway and a lot of owners “manage by checkbook.” I do know it’s a lot more ethics and sanity in my day-to-day world, and I’m glad about that. . Anticipated capital expenditures” is the key phrase.
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