Keeping on top of bills is an essential part of your day to day life as a consultant. Billing can eat into almost 20% of your working week and have a big impact on your profit margins. So shouldn’t you get a grip on your invoices? I am sure you Read more…
As a consultant, you are probably well aware of your expertise and what you can bring to the table. The important thing is focusing on those talents and communicating that to your clients. It is hopeless to target everyone within the market as you will end up reaching no one. Read more…
When starting your consulting or coaching company, it’s understandable that you will want to keep your expenses under control. But there are a few areas where it pays to spend a little more for someone else to do a task for you. Administrative tasks can take up to 25% of Read more…
The most effective way to draw in clients is to maintain an active social media relationship with both existing and prospective clients. Active communication and customer loyalty go hand-in-hand, especially if you want to build a long-lasting rapport. You need to ensure that you have optimized your social media and Read more…
When you are trying to work out what fees you will charge as a consultant, it is vital that you factor in all potential costs. You must work out what your underlying expenses are and how much your desired income is, to calculate the relevant revenue required. Too often, consultants Read more…
In a competitive market, it might seem ridiculous to try and focus on one type of client. However, finding out what your ideal client looks like might help you find your niche. It will also help you see what you value in your business. One sure-fire way to increase your Read more…
Inefficiencies make your company less competitive, which is costly in an already saturated market. You cannot run a company and waste money on time-consuming tasks, it would be like a captain trying to steer a leaking ship. So let us show you how using 5 simple tips will save your Read more…
If you offer a high-quality service that your clients respect, then there is no concern in increasing your price. However, ‘how you increase your prices?’ is the real question. It is understandable in a competitive market that you would be cautious to increase your fees. But as long as you Read more…