Your Bonus: The Profitable Consultant Training Video
Let’s Talk Business Cards and Email – “YEAH!”
I know it can be a boring topic but the basics of profitability really do require you have good business cards and email – and so damn many consultants screw the pooch here. Here’s some basic tips … Continue reading...
Don’t Plan to Fail
Too many new consultants fail to establish a sound business plan right up front. They know it’s not smart but they do it anyway. My gut is that it’s because it’s just too damn annoying and time-consuming to work out such minute details and track them. And that’s the rub, managing to create a very […]
Continue reading...I don’t need no stinking insurance!
The topic of business insurance is an important one, and something I recommend you consider carefully. I also strongly recommend you speak with an insurance broker who can give you much better advice. Many new consultants mistakenly skip what they consider to be an unnecessary expense in their fledgling business (where cash is king), but […]
Continue reading...What business structure should you choose?
There are really only four types of business structure most consultants choose from. Each has its own unique set of strengths and weaknesses: • Sole Proprietor (taxed as 1040, Schedule C): are unincorporated businesses. They are also called independent contractors, consultants, or freelancers. There are no forms you need to fill out to start this […]
Continue reading...If Your Name Sucks, So Will Your Profits
What you name your business is very important. Not to argue with Shakespeare, but the name you choose, unlike that of a rose, will indeed determine if it smells sweet or not. Naming any business can be a difficult task, but it doesn’t have to be insanely complicated. There are companies out there that will […]
Continue reading...Consulting Ain’t Just Telling People What To Do.
While the primary objective of any good management consultant should be to “improve the client’s overall condition,” there here are multiple functions or roles a consultant may fill to achieve that objective. My favorite comes from Dr. Arnold turner at Harvard University. These eight purposes act as building blocks, with a foundation and ultimately a […]
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