article thumbnail

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
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
Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Yes, Cash Flow is Important

Martinka Consulting

For PE firms, cash flow, EBITDA, and low cap ex are very important.” Cash flow – one of my rules for both business buyers and sellers is, “Cash (and cash flow) is King.” ” Small businesses need timely cash flow. It’s like, “Well duh!”

article thumbnail

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

Successful Independent Consulting

Plus, you’ve developed a good system for interpreting interview data. If the end result is more nebulous like “ensure a smooth transition to a system or process,” quote a an hourly or day rate instead. It’s also easier to bill in installments, including a down payment, so you can get cash flowing sooner.

article thumbnail

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. Gillian Blease/Getty Images.

System 71
article thumbnail

Optimizing Portfolio Profit through DIPP-guided Resource Allocation

Epicflow

Department of Defense’s Cost/Schedule Control System Criteria (C/SCSC), but it was basically a way of saying that, within the software, if one changed the schedule, one could see the impact on cost, and vice versa. Is the cash flow available to increase expenditures in such a way? This terminology was borrowed from the U.S.

Resources 130