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What is the difference between it services and it consulting?

The main differences are that IT services implement solutions and provide expertise to help companies create and improve...

Landing a Consulting Job: Is it Hard?

Consulting is one of the most competitive careers in the world. For example, McKinsey, one of the big three consulting...

Do consultants start their own business?

Depending on your vision and the extent to which you want to grow your practice, you can run your consultancy with your...

How to Start a Consulting Business: A Guide for Beginners

Are you looking to monetize your experience and start your own consulting business? If so, you've come to the right...

How to Start a Consulting Business with No Money: A Guide for Experts

Are you an expert looking to start a consulting business but don't have the money to do so? Don't worry, you can still...

Is consulting service revenue an asset?

In short, service revenues are reported in an income statement and are not an asset (nor a current asset). Revenue from...

Recent Post

How much should you pay for coaching?

This varies depending on some factors, such as experience, the length of the session and whether they are certified by an ...

How to Become a Reputable Business Consultant

If you want to become a successful business consultant, you need to build a strong reputation. The best way to do this is ...

How to Get Clients for Your Consulting Business

Networking is an essential part of getting your first clients as a freelancer. Joining an online marketplace is also a...

How to Get Your First Consulting Client: 4 Proven Strategies

Networking is one of the most effective ways to get your first customer. Ninety percent of all independent consultants...

Is service revenue a current asset or liability?

Service revenue in and of itself is not an asset. This can be confusing, since service revenues technically contribute to ...

How Consulting Businesses are Structured

Consulting businesses come in many shapes and sizes, from one-person operations to large, multi-level firms. The...

What are the consultant responsibilities in contract?

A contract consultant is a professional who contractually advises companies in a particular area. Basically, they sign...

What is a good profit margin for consulting business?

This means that healthy consulting firms have a margin of at least 50% after paying all service delivery costs. Well,...