Business Management

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4 Ways to Create Long Term Value for Your Clients

By MBO Partners

Create long-term value for your clients by following these four steps.

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How to Build Collaborative Teams of Independent Professionals

By MBO Partners

When you run your own business, finding a way to grow and take on all the work you want to complete can be a challenge. Teaming up with another independent professional is a great solution—a partnership can bring new skills to the table, help you manage your workload, or even land that big project you’ve…

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6 Steps to Successfully Onboard a New Client

By MBO Partners

You are ready to get to work on a new project: you’ve negotiated your contract and it is signed. But while a lot of the upfront hard work is over, don’t jump in too quickly! Taking the time to properly onboard a new client is a key part of the initial process that can easily…

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6 Habits of Successful Consultants

By MBO Partners

When you manage your own business, it can often feel like a full-time job in and of itself—and that’s before you’ve even started working on client projects. However, the most successful small business owners know that prioritizing the financial health of their company is a smart investment of their time. There are many fixed costs…

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8 Ways to Improve Focus and Concentration at Work

By MBO Partners

When you run your own business, your work is your responsibility alone—how it gets done, where it gets done, and when it gets done is completely up to you. That reality can be both liberating and intimidating. Knowing how to maintain focus and concentration throughout the day are essential skills when you run your own business. Follow…

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7 Basic Legal Requirements for Starting a Small Business

By MBO Partners

Make sure your small business operates legally with all of the required licenses and permits.

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6 Ways to Manage and Avoid Scope Creep

By MBO Partners

When requests for additions or changes to a project come up, saying ‘yes’ can be an automatic reaction. However, that extra work can quickly add up and lead your project into the dreaded area of scope creep. What is Scope Creep? Scope creep occurs when a client adds new provisions, tasks, or deliverables to a…

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Challenges Independent Contractors Face and How to Overcome Them: Billing

By MBO Partners

Billing clients is an important part of your job as an independent professional. Without a good system in place to track your hours and bill your clients, the financial side of your business can quickly get messy and stressful. If you’re just starting out, you’ll want to ensure you are charging the right amount for…

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How to Deal With Difficult Clients

By MBO Partners

Managing relationships with your clients can be one most difficult aspects of transitioning to the independent workforce. Even if you are a seasoned independent professional, you may find yourself in a frustrating situation: your client relationship is strained and you’re not sure how to handle it. When working closely with a client on a project…

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S Corp Advantages and Disadvantages for Small Business

By MBO Partners

S Corporation business structure advantages and disadvantages.

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