Top 10 Things Every Successful Consultant Must Know | p. x |
Introduction | p. xi |
Opportunities for Consultants | p. 1 |
The Life of Consultants | p. 2 |
Consulting in the Information Age | p. 8 |
Primary Consulting Services | p. 9 |
Add-On Products and Services | p. 11 |
Selecting Your Field of Expertise | p. 12 |
How Much Will You Earn? | p. 13 |
Making the Leap | p. 15 |
What Consultants Do | p. 17 |
The World of Consultants | p. 18 |
Developing Expertise | p. 20 |
Developing Resources | p. 22 |
Developing Contacts | p. 23 |
Adding Value | p. 24 |
The Consulting Processp25 | |
Minimizing Risk | p. 28 |
The Market for Consulting Services | p. 30 |
Consulting Requirements | p. 31 |
Your Personal Goals | p. 32 |
Your Personal Values | p. 33 |
Your Financial Goals | p. 36 |
Risk Tolerance | p. 37 |
Licensing Requirements | p. 40 |
Tools and Equipment for Consulting | p. 42 |
Protecting Primary Resources | p. 45 |
Setting Up Your Consulting Service | p. 47 |
Naming Your Business | p. 48 |
Structuring Your Business | p. 50 |
Calculating Financial Requirements | p. 53 |
Choosing Your Office | p. 55 |
Setting Your Hours | p. 57 |
Advanced Time Management | p. 59 |
Resources for Consultants | p. 61 |
Analyzing Your Knowledge | p. 62 |
Expanding Your Credentials | p. 64 |
Knowledge Resources | p. 65 |
Consulting Service Opportunities | p. 68 |
Small Business Administration Resources | p. 69 |
Tax Information Resources | p. 71 |
Identifying Your Clients | p. 73 |
Who Are Your Clients? | p. 74 |
What Do They Need? | p. 75 |
Types of Businesses | p. 77 |
Finding Clients | p. 78 |
Features and Benefits | p. 81 |
Writing Your Business Plan | p. 85 |
Executive Summary | p. 86 |
Present Situation and Objectives | p. 87 |
Service Description | p. 90 |
Market Analysis | p. 90 |
Clients | p. 92 |
Competition | p. 94 |
Marketing Strategy | p. 95 |
Pricing and Profitability | p. 96 |
Financial Statements 98 | |
Getting Help | p. 101 |
Hiring an Accountant | p. 102 |
Hiring an Attorney | p. 104 |
Hiring an Insurance Professional | p. 105 |
Finding a Partner | p. 106 |
Limited Liability Company | p. 109 |
Starting a Corporation | p. 110 |
Finding Funding | p. 112 |
Managing Costs | p. 117 |
Estimating Your Operating Costs | p. 118 |
Budgeting Operating Costs | p. 120 |
Managing the Value of Your Business | p. 122 |
Reducing Operating Costs | p. 123 |
Managing Taxes | p. 125 |
Keeping Good Records | p. 129 |
Your Recordkeeping Systems | p. 130 |
Single versus Double Entry | p. 134 |
Invoicing | p. 135 |
Managing Equipment Records | p. 137 |
Managing Petty Cash | p. 138 |
Online Banking | p. 138 |
Pricing Your Services | p. 141 |
Service Pricing Basics | p. 142 |
Calculating Service Costs | p. 144 |
Value Pricing | p. 145 |
Pricing Analysis | p. 147 |
Margins and Discounts | p. 151 |
Developing Your Rate Sheet | p. 153 |
Marketing Your Services | p. 157 |
Marketing 101 | p. 158 |
Defining Clients | p. 160 |
Finding Prospects | p. 161 |
Market Analysis | p. 164 |
Market Strategy | p. 166 |
Positioning | p. 168 |
Advertising and Publicity | p. 171 |
Word of Mouth Isn't Enough | p. 172 |
Advertising 101 | p. 173 |
Promoting Your Consulting Business | p. 175 |
Publicity Opportunities | p. 181 |
Client Referrals | p. 183 |
Working by Priority | p. 185 |
Importance of Priorities | p. 186 |
Setting Your Goals | p. 188 |
Prioritizing Goals | p. 190 |
Keeping Score | p. 191 |
Revising Goals | p. 194 |
Scheduling for Success | p. 194 |
Advanced Time Management Tips | p. 197 |
Profitability | p. 199 |
Understanding Profit and Loss | p. 200 |
Increasing Profitability | p. 202 |
Improving Client Profitability | p. 203 |
Cash Flow | p. 205 |
Financial Records | p. 211 |
Tracking Income and Expenses | p. 212 |
Your Income Statement | p. 214 |
Your Balance Sheet | p. 215 |
Improving Cash Flow | p. 216 |
Managing Loan Interest | p. 217 |
Offering Credit to Clients | p. 218 |
Improving Financial Planning | p. 219 |
Growing Your Business | p. 223 |
The Challenges of Growth | p. 224 |
Growing in the Right Direction | p. 226 |
Solving Common Business Problems | p. 227 |
Selecting the Best Solution | p. 230 |
Dealing with Business Cycles | p. 232 |
Locating Reducible Expenses | p. 233 |
Reducing Overhead | p. 235 |
Growth Plans | p. 237 |
Managing Employees | p. 239 |
Hiring Good Employees | p. 240 |
Employee Benefits | p. 243 |
Selecting the Right Plan | p. 247 |
Hiring Temporary Help | p. 248 |
Managing Payroll Records | p. 250 |
Employee Appraisals | p. 252 |
Managing Business Risk | p. 255 |
Understanding Risk | p. 256 |
Degrees of Risk | p. 257 |
Minimizing Risk | p. 260 |
Risk Management | p. 262 |
Business Insurance | p. 264 |
The Future of Your Consulting Business | p. 267 |
Enjoy What You Do | p. 268 |
Keeping Your Life | p. 270 |
Measuring Success | p. 271 |
Avoiding Consultant Burnout | p. 273 |
Taking a Break | p. 274 |
Selling Your Consulting Business | p. 275 |
Consulting Business Glossary | p. 281 |
Index | p. 289 |
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