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Archive for March 2022
3 Trends Affecting the Next Generation FMS
The modern enterprise understands the glaring need – and associated pressures of – engaging the best independent contractor for your project. The systems by which the independent workforce is managed often referred to as a Freelancer Management System (FMS), has drastically evolved in recent years. Here are the key components that have led to this…
Read More5 Ways to Communicate Effectively with Big Clients
When you work with a big client, there’s the potential for higher-value contracts, name recognition, and steady work. Once you land that coveted contract, client relationship management will become a part of your daily routine. You’ll quickly learn that consistent, thorough, and open communication is the key to project success. By prioritizing communication with clients,…
Read MoreWrite an RFP that Wins Clients: 10 Steps
As an independent professional, prospective clients will often ask you for a proposal or a Request for Proposal (RFP)—a more formal document where you propose a solution to the client’s problem or business need. RFPs will also include information about your business such as details about your services, methodology, and estimated costs. Proposals are a great…
Read More7 Tips That’ll Help You As An Independent Business Owner
Get MBO’s New Years Resolution Guide to kick start your path to achieving your 2022 goals.
Read MoreHow the Human Capital Market is Similar to the Financial Market
Understanding the dynamics of the marketplace is helpful for any business seeking to develop strategies to maximize the value of independent contractors. To help describe the “human capital” market, a parallel can be drawn to financial markets and the basic elements of managing investments. Whether you’re building your personal portfolio or executing a strategic business…
Read MoreCommon Small Business Insurance Requirements, Coverages, and Exclusions
As a self employed professional, you’ve probably dealt with the headache of small business insurance, most likely to satisfy the terms of a contract. Although the word insurance is often accompanied by a sigh, there are benefits in your small business insurance policy outside of just checking a box in the contract terms. It is…
Read More4 Home Based Business Insurance Options
If you’re a self-employed professional working from the comfort of a home office, business insurance may be the last thing on your mind. But most homeowners’ insurance policies don’t cover losses sustained by a home-based business, which can lead to costly claims, unexpected legal expenses, and damages to your company. Self-employed professionals who work from…
Read More5 Contingent Workforce Market Trends
I’ve not written any content for a while. It’s been extremely busy here and unintentionally this part of my responsibility has lapsed. Whilst I am far from a great creator of content—it always takes me longer than most to create it—I do actually quite enjoy the process. It forces me to take time and sit…
Read MoreHow to Network Effectively as an Independent Consultant
As an independent professional, you have the opportunity to pursue your passion, be your own boss, and set your own goals. But as successful independents know, businesses are built on strong networks and lasting relationships. Taking an intentional approach to networking can help you turn your passion project into a full-time endeavor. In her webinar, Six…
Read More5 Billing Tips for Contractor Invoicing
One of the most important tasks you’ll take on as an independent contractor is tracking and billing your time. Whatever billing method you choose, you’ll want to present a reputable, professional contractor invoice to your clients. Follow these five tips to present a clean, professional invoice to your clients. 1. Set a Billing Policy Creating…
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