Following up on my previous post about cashing your first check, I thought I’d mention how important it is to set up a separate bank account for your business. Now, if you’re a sole proprietor, you can deposit checks to your personal account. But it makes for messy books, unless you’re an organized person. If
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This week, I realized that I’d been working with one of my clients for 10 years. Wow! That’s a real milestone. When you’re self-employed, it’s often easy to overlook milestones. One of the first milestones for many consultants involves cashing your first check from a client. I still remember the excitement of my first check
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Best ways to pay off debt — last week, I emphasized how consulting can help you get out of debt. At this time of year, as credit card bills roll in, people often start wondering how they’re going to manage. I’ve previously explained how my friend used consulting to get out of debt. It’s a good way
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Consulting business ideas – if you’re looking to figure out what kind of consulting business would suit you, you’re far from the only one. Figuring out the right business is just as important as getting your business plan right. Learn how to figure out the business that will suit you best.
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Free Bootstrapper’s Bible by Seth Godin. Want a free copy of Seth Godin’s Bootstrapper’s Bible? I’ve got permission to distribute this great ebook on How to Start and Build a Business With a Great Idea and (Almost) No Money. If you’d like a copy, sign up for my newsletter — see the form in the
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Finding new clients is something that dominates the thoughts of many new and established consulting business owners. That’s why I’m writing a weekly series on finding new clients. I’ve been in the trenches long enough to know that most people could use a little encouragement. Here’s this week’s tip: Read your local business journal, newspaper,
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Regular readers know I often mention how consulting makes a great side job. I recently overheard someone saying that it’s wrong to use your spare time to make money. This person said that spare time is meant for spending time with friends, family, hobbies and other noble pursuits. And, on the whole, I agree. But
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Become a fitness consultant — want to make your career in the fitness world? Become a fitness consultant and apply your skills to research, developing, planning and implementing programs and policies for fitness, recreation and sports. As a fitness consultant, you can work for government, industry, fitness facilities, retirement homes, community centers, sports firms or
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After my post on house flippers, Maddie wrote to say that consulting helped her increase her home’s value by $30,000. Maddie and her husband used consulting as a way to pay off $12,000 in home renovation costs in two years. The improvements they made to their home increased the property’s value by $30,000 — on
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Become a house flipper — after my post on consulting as a side job, Marc wrote in to ask whether house flipping counts as consulting. House flippers are speculators who buy homes with the intention of selling them quickly for profit. Professional house flippers draw from their specialized knowledge of real estate, design, home renovation
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