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Ten Ways to Boost Cash Flow as an Independent Consultant

Successful Independent Consulting

Founded in 2003, BookkeepingDirect helps small consulting firms achieve freedom from financial stress so they can do their best work. As a solopreneur, youre undoubtedly familiar with the feast-or-famine cash flow rollercoaster that most small businesses face. Top Ten Cash Flow Boosters 1. Monitor your cash flow.

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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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Ten Factors to Consider Before Jumping into Independent Consulting

Successful Independent Consulting

Money management · Cash flow – This is probably the hardest part about being self-employed, especially if you are going to work with large companies. This means that if you work 100 hours in January and bill for it on January 31st, you probably won’t see any cash until the middle of March. Do you have the cash to make ends meet?

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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

To prevent a crisis, HHI rationalized their management by disposing of non-core assets (like stocks and real estate), reducing costs, and ending extra working hours to reach a new level of financial stability. To improve their project management practices, C-levels at HHI developed a sustainable management policy.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

In our recent HBR article , we argued that financial statements fail to capture the value created by modern digital companies. Some of these ideas contradict traditional financial thinking whereas others seem highly controversial or pessimistic. We distilled seven key insights from those discussions.

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Stop Focusing on Profitability and Go for Growth

Harvard Business

The global financial crisis prompted many companies to pull in their horns, hoard cash, trim costs, and take a wary view of large investments. Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. times global GDP) to more than $600 trillion (9.5

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