Your Complete Guide to Subcontracting as an Independent Consultant

Your Complete Guide to Subcontracting as an Independent Consultant

Having consistent cash flow is one of the hardest parts about being self-employed, especially when you’re just starting your business. It can be difficult for veterans, too! Client payment terms can be ridiculous, often leading to stressful delays. Even if you start working tomorrow, you might not see any money for 45-60 days after submitting your first invoice. Realistically, it can take months for the money you earn to reach your bank account. To improve cash flow, I recommend subcontracting as a way to generate income while you continue to build your own business.

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Consultant, Contractor, Freelancer - Labels Matter!

Consultant, Contractor, Freelancer - Labels Matter!

If you were a hotel chain, would you be a Motel 6, Courtyard by Marriott, or a Ritz-Carlton?

If you refer to yourself as a freelancer or consultant, what does that imply?

The terms you use to describe yourself will impact how potential clients perceive you, how they pay you, and even how much they're willing to pay.

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