Growing My Business

consultant working

6 Tips to Successfully Manage a Consulting Business

By MBO Partners

When you start a new business you have to take on many new responsibilities, including administrative duties. As an independent consultant, you’ve chosen a field or industry where you have experience and expertise. While much of your time and energy will be spent working on projects for your clients, there is also  a fair amount…

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consultant

5 Ways to Prepare for Self Employment

By MBO Partners

Deciding to go out on your own and start a business is both an exciting and scary time. Going independent is a big shift from a career, financial, and mental perspective. As your own boss, you get to decide when, where, and how you work. You have the chance to build a career out of…

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virtual assistant

How to Work Effectively with a Virtual Assistant

By MBO Partners

As a small business owner, you’ve likely encountered moments when you feel overworked, stressed, or struggle to stay on top of your workload. Trying to grow a business is hard work, but taking on too many projects can quickly result in burnout. A virtual assistant can be a useful way to alleviate this burden by…

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Certificate

5 Ways Professional Certifications Add Value

By MBO Partners

Professional certifications are important for personal growth and add credibility to your expertise. A continuous thirst for knowledge is a key element in building a growing, thriving business. And although continuing education and certification programs can be an investment of time and resources, they help provide recognition for your specialized knowledge or skill set, which…

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consultant

3 Proven Client Retention Strategies for Small Business

By MBO Partners

When you run your own company, you are the face of your business on a daily basis. That require finding ways to keep your clients coming back so you maintain a steady flow of work. Always be thinking ahead, so gaps in your work don’t turn into gaps in your income. Getting work often comes…

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consultant

How to Set Your Small Business up for Success

By MBO Partners

Embarking on a career as an independent professional can be equal parts excitement and nerves. Starting your own business requires a lot of planning and forethought—and those requirements do not necessarily diminish as you move forward. In order for your business to be successful, it’s important to constantly be thinking ahead and setting goals for…

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consultant

3 Ways to Evaluate Small Business Goals

By MBO Partners

The future of your business and its level of success comes down to each of the decisions you make, both large and small. To help ensure you’re making the right decisions for your business, it’s important to not only set initial goals in your business plan, but to take the time to periodically reevaluate them. Whether…

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consultant website

How to Create a Small Business Website: 5 Simple Steps

By McLean Robbins

One of the most powerful marketing tools for small business owners is a website. In today’s online-driven world, a website is essential in order to build your brand, establish credibility, and generate leads. To build one yourself, follow these 5 steps—no technical background required! 1. Select a Platform and Domain Name Depending on your level…

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small business owner

5 Marketing Strategies to Grow Your Small Business

By MBO Partners

Operating as an independent professional means you are in the business of marketing yourself. As a business of one, you’ll face a lot of competition, and time and resources aren’t always on your side. The good news is, marketing a small business simply requires a bit of dedication and creative effort. Remember, you’re marketing your…

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net vs gross pay

Gross Margin vs Net Margin: Definitions and How to Calculate

By MBO Partners

Gross margin and net margin are two common profit margin ratios you should track on your company’s income statement. These numbers indicate how good your business is at converting revenue into profit and are important in assessing the financial health of your business. What is Gross Margin? Calculating gross margin will help give you an…

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