Remove Cash Flow Remove Consulting Remove Resources
article thumbnail

Ten Ways to Boost Cash Flow as an Independent Consultant

Successful Independent Consulting

This article was written by Gabrielle Fontaine , PB, ASBC, and the founder of BookkeepingDirect, an accounting and business consulting firm for small businesses. Founded in 2003, BookkeepingDirect helps small consulting firms achieve freedom from financial stress so they can do their best work. Top Ten Cash Flow Boosters 1.

Cash Flow 195
article thumbnail

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!

Cash Flow 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ten Factors to Consider Before Jumping into Independent Consulting

Successful Independent Consulting

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.

Cash Flow 370
article thumbnail

Nine Things to Think About Before Taking the Leap to Independent Consulting

Successful Independent Consulting

I made the leap to independent consulting in 2004 and never looked back. Cash flow – This can be the hardest part of being self-employed. Relatedly, your cash flow will likely be erratic. See the point above about erratic cash flow.) Corporate payment terms are typically “net 45” or longer.

Cash Flow 195
article thumbnail

Coronavirus & Consulting Offers

Tom Spencer

How certain can you be that your internship or full time offer from a consulting firm will hold? Top consulting firms have hundreds of current consultants either sitting idle or working a limited case load. During the dotcom bubble, the financial crisis, and the real estate bubble, what did consulting firms do?

article thumbnail

Mergers & Acquisitions: Valuation

Tom Spencer

LAST post, I highlighted the importance of strategy when considering the viability of a potential acquisition; however, before a final decision can be made, a consultant needs to estimate the value of the target company. Valuation of discounted expected future cash flows.

Cash Flow 109
article thumbnail

Embracing Your Expertise: The Importance of Believing in Yourself with Ann Carden

Consulting Matters

Do you have the mindset and strategies you need to create a thriving consulting or coaching business so you can reach your full potential in your career and life? Today, I had the pleasure of speaking with Ann Carden, a highly successful consultant and fellow mentor to other consultants.

Cash Flow 156