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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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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

To increase productivity, HHI will use a robotic system based on Internet of Things and automation technologies — the first in the shipbuilding industry. This system will be equipped with a high-frequency inductive heating system and a multi-joint arm. HHI’s multi-joint arm for welding, blasting, and painting.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

health care system. Explanations include their IT departments already have their hands full installing, maintaining, and upgrading electronic health record (EHR) systems. But much of the blame can be attributed to hospitals’ misaligned budgeting and incentive systems. Problem 2: Rigid annual operating budgets.

System 71
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Reclaiming the Idea of Shareholder Value

Harvard Business

Corporate governance is a system of checks and balances that a company designs to ensure that it faithfully serves its governing objective. Countries that operate under common law, including the United States and the United Kingdom, lean in this direction. The first believes the company’s goal is to maximize shareholder value.

Cash Flow 121
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Every Fast-Growing Company Has to Combat Overload

Harvard Business

Systems don’t scale. But by the 1990s it had run aground: It hadn’t properly developed systems to implement its growth strategy internally, and so that strategy broke down at dozens of points of execution on the front line—with customers, crew, staff on the shore and the company’s travel agent partners.

Company 121
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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

In recent weeks, a trip to the region and further research into China’s shadow banking system have convinced us that China is approaching its “Minsky Moment,” which increases the chances of a disorderly unwind of China’s excesses. Based on our analysis, our baseline case is that China may slow from the current level of 7.7%

Finance 75
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Optimizing Project Accounting: A Game-Changer for Professional Services

Progressus

Ultimately, these hurdles jeopardize the firms’ ability to set and achieve short-term and long-term objectives, forecast cash flows, and strategize for the future. It’s pivotal for them to discern any slippages in project milestones as these anomalies can skew cash flow predictions and receivable planning.