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Is It Time to Consider a Fixed Fee for Your Consulting Services?

Successful Independent Consulting

At some point you’ll master your specialty and work much more efficiently than others. For the final summary report, you’ll re-use a template you’ve refined over your last few projects. For example, a report, plan, assessment, workshop, list of recommendations, or a specific number of coaching sessions.

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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

Nearly 56% of survey respondents believe they cannot demonstrate improvements in on-time project delivery, organizational efficiency, or profitability. Credit: HHI’s Integrated Report 2017 According to the HHI Integrated Report 2017 , the shipping industry was severely impacted by the global recession and confronted stagnation.

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Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

The Power of Project Management Software: Project Management software is engineered to assist teams in organizing, tracking, and completing projects efficiently. Progress Reports: Generate real-time updates on project status. Financial Reporting: Generate detailed financial reports and analyses.

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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

Factors impacting profit margins include the tendency to allocate 80% of project work with the last 20% of the budget, inaccurate time-sheet reporting, underbidding during the sales process, and client disputes. People often generate nearly 80% of the industry’s revenue, making efficient resource management critical.

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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

Based on these insights, we now propose a new blueprint for financial reporting of digital companies. Investors, therefore, look not just for reported revenues but for drivers behind the revenues, especially because digital companies’ operating activities often differ from their revenue-generating activities.

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Looking Beyond Short Term Financial Metrics (Nigel Lake, Part 2 of 10)

Tom Spencer

One of the ideas that I’ve been thinking about recently is that financial metrics are basically designed to evaluate how much you are getting out of a company, your cash flow take from the company. Tom: That’s very interesting. But the goal of a company is actually to give value to customers and to the community.

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What U.S. CEOs Should Do with the Money from Corporate Tax Cuts

Harvard Business

tax law is likely to increase after-tax cash flows for U.S.-based There’s a strong argument that they should invest in growth , and the newly available cash offers them a unique chance to do so. Initial reports suggest that many executives are at a loss as to what to do with the newfound cash. The new U.S.