Consulting retainers are like gravy for a project well done for consultants. You know you are truly doing a great job for clients when they just want to have access to your knowledge whenever they need it. While retainers can be great, there are downfalls…
Passive income for consultants or for anyone is a great thing to have. As a consultant you have many options available to you for creating this. Passive income is basically income you don’t have to continually work for. There is some initial work setting it up but once you do, you can derive income from [...]
Here are 11 ways to increase your consulting fees. I hope you try to implement some of them this month so you can see an immediate increase in your consulting income:
1. Focus your fees on value and not on tasks. Focus on increasing sales, not on providing 5 training classes. By focusing on the results [...]
You should always incorporate your consulting business, no matter how small you are. In this post I’ll go over 4 reasons why you need to do so, and also discuss the different forms you can take; C corp, S corp, LLC, etc. When starting out as a consultant many people don’t want to focus on [...]
When first starting out, almost all of us underestimate how much we need to charge for our services. Also, many of us deliberately low ball our services in order to just get clients when competing against large consulting firms. Here are some ways you can go about determining consultant fees.