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Book chapter
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Reference no. BEP8724
Chapter from: "How to Succeed as a Solo Consultant: Breaking Out on Your Own"
Published by: Business Expert Press
Originally published in: 2020

Abstract

This chapter is excerpted from 'How to Succeed as a Solo Consultant: Breaking Out on Your Own'. This book is written for the person who has gained workplace or other experience and is thinking about striking out on his or her own as a consultant or a service-based entrepreneur. The reader will be walked through the steps of deciding on whether they have the tools to start a new business and what they need to do before making the leap. The author focuses on the major steps of a start-up consulting practice, including business formation decisions, verbalizing the business offerings, determining market viability, setting billable rates, and marketing, selling, and delivering services. Additionally, he dives into less-often discussed topics such as office space, business insurance, business ethics, and the impact on the family unit. Each chapter provides homework that outlines the steps the reader needs to complete to gain confidence they have the tools to succeed. The book appendices include sample contracts and other useful templates. This book also emphasizes the lifestyle implications for any lone professional. While the main focus of this book is on consulting, many of the points are applicable to a solo practitioner in any service profession.

About

Abstract

This chapter is excerpted from 'How to Succeed as a Solo Consultant: Breaking Out on Your Own'. This book is written for the person who has gained workplace or other experience and is thinking about striking out on his or her own as a consultant or a service-based entrepreneur. The reader will be walked through the steps of deciding on whether they have the tools to start a new business and what they need to do before making the leap. The author focuses on the major steps of a start-up consulting practice, including business formation decisions, verbalizing the business offerings, determining market viability, setting billable rates, and marketing, selling, and delivering services. Additionally, he dives into less-often discussed topics such as office space, business insurance, business ethics, and the impact on the family unit. Each chapter provides homework that outlines the steps the reader needs to complete to gain confidence they have the tools to succeed. The book appendices include sample contracts and other useful templates. This book also emphasizes the lifestyle implications for any lone professional. While the main focus of this book is on consulting, many of the points are applicable to a solo practitioner in any service profession.

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