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Ten Ways to Boost Cash Flow as an Independent Consultant

Successful Independent Consulting

As a solopreneur, youre undoubtedly familiar with the feast-or-famine cash flow rollercoaster that most small businesses face. Use a reliable tracking system so you always know your cash position at a glance. Top Ten Cash Flow Boosters 1. Monitor your cash flow. Speed up the money coming in.

Cash Flow 195
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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!

Cash Flow 195
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Research: Writing a Business Plan Makes Your Startup More Likely to Succeed

Harvard Business

Advocates of “learning by doing” approaches such as the lean startup say it is better to act, improvise, and pivot than to waste time and resources on a 20-page plan that won’t survive first contact with the customer. Better-financed startups are more likely to succeed. So are more experienced entrepreneurs.

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Stop Focusing on Profitability and Go for Growth

Harvard Business

So, in real terms, debt financing is essentially free. See More Videos > See More Videos > To elaborate, a company’s intrinsic equity value reflects the long-term cash flows that shareholders expect to receive over time, discounted at the appropriate risk-adjusted cost of equity capital.

Cash Flow 137
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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

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Do you have assets?

Tom Spencer

If you are an accountant, then your goal is to categorise resources into groups: assets, liabilities, and equity. From this perspective, assets will be resources that are owned or controlled by an organisation, and which can be used to better operate the business. The answer turns out to be largely a matter of perspective.

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Do you have assets?

Tom Spencer

If you are an accountant, then your goal is to categorise resources into groups: assets, liabilities, and equity. From this perspective, assets will be resources that are owned or controlled by an organisation, and which can be used to better operate the business. The answer turns out to be largely a matter of perspective.