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

Successful Independent Consulting

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.) While a severance package can ease the cash-flow crunch, being laid off can be demoralizing. Are you feeling confident?

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Setting Up a Foundation for Consulting Success

Successful Independent Consulting

If you can, pay your health insurance with this same card since it too will be tax deductible. Use this credit card for as many expenses as you can, including recurring expenses like your cell phone and internet service and health insurance. Determine if you need business insurance or need to increase your personal coverage.

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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

These low-cost and reliable sources of funds are from taxpayer-insured deposits and the Federal Reserve’s discount window. In these options, the critical question is whether the bank wants to keep its own underwriting criteria or use new algorithms developed by its digital partner.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business

Almost one third of the firms negatively affected by the storm had no insurance of any Consistent with our predictions, young firms and small businesses insured at much lower rates. Here are some initial priorities for small businesses, insurers, and public policymakers. Firms applied for credit to finance recovery.

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Why Buying a Company Can Be Better than Starting One

Harvard Business

For example, in 2015, Jennifer Braus bought Systems Design West, which serves hundreds of municipal firehouses in the Pacific Northwest by handling billing to insurance companies for their emergency ambulance transports.

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