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Business Management
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No matter what line of work you are in, time is valuable. To an independent consultant, time is money. Finding creative ways to save time can add up—a few minutes here and there can accumulate into hours of time saved and can reduce stress. Being efficient keeps you on top of your game, and in…
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The key to a successful independent contractor-client relationship is communication. Both parties need to be able to freely discuss thoughts, ideas, needs, and changes related to the project at hand. However, some topics can be difficult or uncomfortable to bring up. Here is our advice on how to address three touchy subjects with clients. 1. Money Money…
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As a small business owner, creating and implementing successful business management strategies are key to sustainable growth. There are many aspects to managing your own business, from back-office tasks like handling finances, paying the right taxes, and writing contracts, to staying organized and delivering quality work. If there’s a particular aspect of management that you…
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Learning agility is an essential skill for independent professionals. Learn the core behaviors of this skill and how to apply it to your business.
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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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If the words “performance review” spark dread or anxiety, you’re not alone. In the traditional world of work, performance reviews are often time-consuming sessions where employees feel scrutinized or criticized. So, why should you put yourself through this process as an independent professional? The answer is simple: when done correctly, performance reviews can be a…
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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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Setting up a contingent labor program according to best practices and policies requires buy-in from key decision makers. Forward-thinking companies understand that using independent talent as part of their workforce is a strategy can increase organizational agility and give them access to in-demand skills, there may be some resistance among decision makers to create a…
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S Corporation business structure advantages and disadvantages.
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When you set up shop as an independent consultant, you’re immediately faced with a number of questions. Will you be able to bring in enough clients to make a solid income? Will you be able to land the clients you want? If you land those clients, will you be able to manage the workload alone? While…
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