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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

Since 2007, MHI Group has changed its management paradigm toward portfolio optimization, introducing a strategic business evaluation system and focusing on cash flow. As stated in the report, between fiscal years 2010 and 2016, MHI successfully secured a cumulative free cash flow of nearly $14.4

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Managing a Sales Funnel for Your Consulting Business

The Clever Consultant

We spoke to our friend Brian Sullivan, Vice President of Global Accounts at Sandler Training , who offered us this advice: View Your Sales Funnel as a Live Tool. More on tools for managing your sales funnel in a future post.) Does the proposed payment schedule and the client’s track record of payment match my cash flow needs? •

Sales 131
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How I Became a Millionaire as an Independent Consultant

Successful Independent Consulting

As an independent consultant, cash flow is erratic. If you want to join to get access to all the tips, tools, and accelerators, use this 20% discount code: 18BL20A In the meantime, I urge you to define what success means to you, then make it happen! ~ ~ ~ * "Friends Don't Let Friend's W-2" is trademarked.

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The Corona Virus for Small Businesses

Consultant Journal

Offer flexibility for cancellations related to health, review your fees and pricing around cancellations for illness and suggest tech tools for managing communication as needed. Take a look at your cash flow and what a change to sales or staffing could do. Some tools you may find helpful include Zoom, Slack, Google Docs, Trello.

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A Refresher on Payback Method

Harvard Business

I talked with Joe Knight, author of the HBR TOOLS: Return on Investment and cofounder and owner of www.business-literacy.com , to learn more about how to understand and use this particular ROI method. Say, for example, the cash flow for the project was actually $3,000/year in Year 1 and nothing thereafter.

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Case Math

Tom Spencer

It is a useful tool for a company that is trying to decide which customer segments to target and how much to spend on customer acquisition. Net Present Value: The NPV of an investment is the present value of the series of expected future cash flows generated by the investment minus the cost of the initial investment.