Business Management

5 Ways to Communicate Effectively with Big Clients

By MBO Partners

Working with a large enterprise client offers 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 work and you’ll quickly learn that consistent, thorough, and open communication is the key to project success. By prioritizing communication, you can…

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How to Create a Professional Profile for a Job Marketplace

By MBO Partners

As a consultant, growing your business by securing new projects with top clients requires networking, marketing, and salesmanship. But here’s some good news on that front: Today, you may not have to hustle as much as you have in the past. That’s because online marketplaces for independent professionals offer an easier way to keep your project pipeline full. All…

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Hiring Help for Your Small Business: 4 Ways to Know You’re Ready

By MBO Partners

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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7 Business Strategy Frameworks for Consulting

By MBO Partners

What is a business strategy framework? Business strategy frameworks are useful tools that help you analyze the issue, structure your thinking and communicate recommendations. Business frameworks can help you articulate goals with strong business writing and develop a blueprint for success. You can take a broader conceptual framework and scale it to fit your needs….

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Negotiating Contracts as an Small Business Owner: 5 Steps

By MBO Partners

In any business agreement, it is highly recommended to use a well-written contract. Contracts provide clarity, establish a relationship, and offer protection to all parties involved. For these reasons, many independent professionals wisely insist on using written contracts for every client project. In some cases, you may use your own contract, but clients will generally…

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How to Manage Work Overload as an Independent Contractor

By MBO Partners

Clients are a crucial part of your business success as an independent professional. Without clients, you would have no work, and therefore no income. Sounds like you should work with as many people as possible, right? Not so fast. There are two reasons why having too many clients can be a problem. 1. Taking on…

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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. Independent work is or has been a part of nearly 48% of American’s careers, a number that is expected to grow to 52% over the next five years. Independence offers the opportunity for greater flexibility, increased career satisfaction, and…

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Small Business Insurance Coverages, Endorsements, and Exclusions

By Bunker

If you’re an independent professional, you’ve likely gotten a contract that required business insurance. While the flexibility and autonomy of working independently are a large part of what draws so many people away from the traditional W-2 lifestyle, they also means you have to navigate the complicated world of business insurance on your own. Liability…

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5 Tips for Leading an Effective Project Kickoff Meeting

By MBO Partners

The contracts are signed and the budget is approved. You’re now officially on board and it is time to get to work! Starting your project with a project kickoff meeting is a great way to lay the foundation for success and reinforce your client’s decision to engage your services. A kickoff meeting brings everyone together who…

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7 Ways To Cut Expenses When You’re Self Employed

By MBO Partners

There’s never a bad time to check your spending and reassess your expenses. While any business budget can benefit from a little belt-tightening, as an independent contractor you deal with smaller profit margins than large companies. That means the need to keep expenses to a minimum is more pressing. We’ve assembled a list of 7…

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