Manage a Small Business

taxes

Gross Pay vs. Net Pay: Definitions and How to Calculate

By MBO Partners

As an independent professional it’s important to understand key financial terms. There will be a financial component to every part of your job, from the beginning of a project when you are negotiating with a client about your rates and writing a contract, to the end of a project when you are invoicing a client…

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10 Ways to Prepare Your Business for the Holidays

By MBO Partners

Avoid a slump in business by using these tips to keep new projects coming in over the holidays.

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consultants looking at charts

Stop Commodifying Yourself

By MBO Partners

As part of our educational programs on pricing, we bring you a 4-part series from Reuben Swartz, who spent over a decade helping companies from Fortune 500 giants to independent consultants improve profits through better pricing. He also created Mimiran, the fun, “anti-CRM” for independent consultants who hate “selling”. He also hosts the Sales for…

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consultant

How to Choose an Online Professional Development Training Course

By MBO Partners

In a highly competitive business world, independent consultants know that continuing education enhances their abilities, broadens their areas of expertise, and boosts their professional reputation. Many busy professionals are turning to online training courses to receive these benefits, thanks to their “work from anywhere” convenience and often affordable price points. However, with so many options…

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Independent pro

6 Things to Start NOW to Increase Your 2023 Billing Rate and Revenue

By MBO Partners

It’s the last quarter of the calendar year and time for 2023 planning.  As you work through your business goals and growth strategies for the coming year, consider your current rate schedule along with new ways to increase revenue. Refer to benchmark services that cover your market and skill set to compare the rates they…

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consultant

Do I Need a Mentor as a Consultant?

By MBO Partners

Many professionals today have turned to mentoring relationships for guidance and support. In the past, apprenticeships were once the norm in the business and professional world but they are now a practice relegated to specific industries. Internships, which have largely taken their place, are designed for the purpose of exposing an aspiring professional to their…

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group pf Consultants

Consultant Partnership: When Partnership Consulting is Best

By MBO Partners

As an independent professional, your job involves it all—from running errands and scheduling meetings to engaging with new clients and attending networking events. All of these responsibilities can quickly overshadow your work-life balance. To avoid burnout, stay on top of your workload, and keep your clients happy, consider teaming up with another independent contractor. Working with another professional…

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Digital nomad at work in RV

10 Ways Digital Nomads Work Effectively from Anywhere

By MBO Partners

As an independent professional with your own business, you make a lot of decisions about how to work, where to work, when to work, and if it’s working. If you shift your business into digital nomad mode, these are still the decisions you must make. The difference is in the answers, and those answers are…

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Digital nomad in a meeting

Setting Client Expectations as a Digital Nomad

By MBO Partners

The number of American workers who describe themselves as digital nomads has steadily risen, from 7.3 million in 2019 to 16.9 million in 2022. That’s 131% growth over three years, and growth is expected to continue, though perhaps not in such impressive numbers. The steady addition of more digital nomads in the workforce logically means…

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thought leadership

GUIDE | 8 MIN READ

10 Ways to Build Thought Leadership as a Consultant

By MBO Partners

Learn how to enhance your reputation and elevate your business by developing a thought leadership platform

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