Start a Small Business

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How to Write a Business Plan for Small Business: 8 Steps

By MBO Partners

There is a lot of planning and preparation required to start your own business. One of the most important steps of this process is creating a business plan. Below, we review eight steps to help you create a simple business plan as you begin your small business. 1. Outline Your Offerings Focus your initial business…

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How to Become a Self Employed Consultant: 5 Steps to Starting Right

By MBO Partners

While becoming an independent contractor may sound great, you might not feel 100% ready. Being confident in your decision is important, and luckily there’s a lot you can do to prepare for self-employment so you feel completely informed in your choice. Building a strong networking base, preparing financially, and establishing the unique services you bring…

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When to Transition to Independent Consulting from a Full Time Job

By MBO Partners

If you are considering quitting full-time employment for a career as an independent consultant, here are several key factors that can help you determine if (and when) this transition is right for you. 1. You are financially ready There’s no magic number needed to quit one’s job and make the leap to self-employment, but typically…

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How to Break Away from the Corporate Employment Model as an Independent Professional

By MBO Partners

Going out on your own and starting a solo business can be both intimidating and daunting. When transitioning to self-employment, you’re leaving behind the safety net you had as an employee—healthcare and retirement benefits, a boss who directs your work, and an employer who pays half of your Social Security and Medicare taxes. But as…

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10 Self Employment Myths

By MBO Partners

Why is self-employment appealing? Being your own boss, working when and where you like, and turning your passion into a career are just a few of the perks. But people are often hesitant to make the leap due to concerns about job security, experience level needed, or income potential. However, many of these fears lack…

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How to Get Your Small Business Set Up on LinkedIn

By MBO Partners

While LinkedIn is well known as the largest social media network for professionals, it’s not just for creating personal pages. Currently, more than 58 million companies have a company page on LinkedIn. A company page on LinkedIn can be a great way for independent consultant to promote their services and network with clients and industry peers. Add Your…

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3 Key Steps to Take Before Starting a Consulting Business

By MBO Partners

More than ever before, the ability to be self-employed is on a lot of people’s minds there were 64.6 million independent workers in 2022.  Independence offers the opportunity for greater flexibility, increased career satisfaction, and even the chance to earn more money—so, there’s a lot to be excited about. However, making the leap to self-employment…

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How to Start a Small Business: Checklist

By MBO Partners

If you’re curious about starting your own business, there’s a lot to consider. When first starting out, it is important to take time and fully think thorough what running your own company actually entails. Testing out your idea while keeping your existing job is an ideal trial run, because it will give you time to…

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How to Overcome Client Doubts about Hiring an Independent Consultant

By MBO Partners

Oftentimes a client is nervous when considering hiring their first independent consultant, this nervousness stems from fears about the quality of the final product, productive use of time and resources, and the trust necessary for an independent consultant to be successful. They may wonder how they can trust someone they’ve never worked with before with…

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7 Best Self Employed Jobs that Pay Well

7 Best Self Employed Jobs that Pay Well

By MBO Partners

If you are contemplating a move to self-employment but aren’t sure if your work experience is suited to an independent career, taking a look at high-demand jobs within your industry can help give you an idea of how to align your skills with market needs. Whether you’re a well-established professional, or just starting on a new path,…

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