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. Unemployment insurance payments 5.

Cash Flow 248
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
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

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.

Cash Flow 195
article thumbnail

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.

article thumbnail

Why Life Insurers and Asset Managers Must Join Forces to Win

BCG

Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.

article thumbnail

The Corona Virus for Small Businesses

Consultant Journal

Take a look at your cash flow and what a change to sales or staffing could do. If you haven’t already, you may want to look into business continuity plans and insurance. Take some time to review your childcare and family caregiver situation; encourage employees to look into options too, including working from home.

article thumbnail

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

Harvard Business

The lack of access to stable, predictable cash flows is the hard-to-see source of much of today’s economic insecurity. Financial Diaries (USFD), an unprecedented study to collect detailed cash flow data for U.S. But this close-up look at cash flows suggests new routes to helping families. households.