article thumbnail

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.

Cash Flow 195
article thumbnail

Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. There are several ways to get some cash-flow relief to help you pay your bills in the near term as a result of the $2 trillion CARES Act: 1. A stimulus payment from the U.S. government 2.

Cash Flow 248
Insiders

Sign Up for our Newsletter

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

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
article thumbnail

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?

Cash Flow 370
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Don’t just report the numbers—understand what they’re telling you. Register now!

article thumbnail

We Tracked Every Dollar 235 U.S. Households Spent for a Year, and Found Widespread Financial Vulnerability

Harvard Business

Income inequality in the United States is growing , but the most common economic statistics hide a significant portion of Americans’ financial instability by drawing on annual aggregates of income and spending. The lack of access to stable, predictable cash flows is the hard-to-see source of much of today’s economic insecurity.

Cash Flow 134
article thumbnail

Profit vs. Positive Cash Flow

CaseInterview.com

They’re obsessively concerned that their sales growth will be too low to generate enough cash to pay the bills. However, if you truly understand accounting and the relationship between the cash flow statement versus the profit and loss statement, it is totally possible to go bankrupt by growing too fast. at least initially).

article thumbnail

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!