Consulting Services Alamogordo NM

In many cases, being an independent consultant can be more lucrative than working in-house but it will take a few months before you start seeing cash flow. Another important consideration is that as the boss, you are carrying the cost of your own health insurance and paid time off.

International Assn Of Machinist & Aerospace Workers Local Lodge
(575) 434-0211
1017 Oregon Ave
Alamogordo, NM
 
Eastern New Mexico Workforce Connection, Otero County
(575) 443-6196
901 Alaska Ave
Alamogordo, NM
 
Honeywell Tsi
(505) 842-9300
2440 Alamo Ave SE Ste 105
Albuquerque, NM

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Cashon Consulting Inc
(505) 325-6711
525 S Schwartz Ave
Farmington, NM
 
American Red Cross
(505) 325-9605
727 E Ute St
Farmington, NM
 
Alamogordo Workforce Connection
(575) 437-9210
901 Alaska Avenue
Alamogordo, NM
 
Rucks' Technical Services
(575) 522-8255
1510 S Solano Dr
Las Cruces, NM
 
Eastern New Mexico Workforce Connection Center Chaves County
(575) 627-5815
2110 S Main St
Roswell, NM
 
Rmpersonnel Inc
(575) 541-5998
1155 S Telshor Blvd Ste 306
Las Cruces, NM
 
American Postal Workers Union
(505) 243-8616
401 Kinley Ave Ne
Albuquerque, NM
 
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Lost in Transition

Q: I am currently a media planner at a reputable company. I am looking for more flexibility in my life and would like to start consulting. Do you have any recommendations that will move me in this direction successfully?

 

Congratulations on your entrepreneurial spirit and creative energy. First off, you have to decide if your goal is to establish yourself as an independent consultant or join a firm that provides consulting services to companies. As an independent consultant, it is wise to first understand the pros and cons. The good news for anyone considering making the transition is that our current economy could provide better opportunities for consultants. In certain industries, companies without budgets for full-time employees may be more apt to bring on consultants. Before leaving your full-time job, it is absolutely imperative to investigate how the current economy is impacting your industry and the opportunities for you as a consultant.

Essentially, as an independent consultant, you are your own boss. Indeed the thought of flexibility and life balance are enticing, however, as a consultant, your schedule may be less predictable. Often, you are working around the clients’ schedule.

In many cases, being an independent consultant can be more lucrative than working in-house but it will take a few months before you start seeing cash flow. Another important consideration is that as the boss, you are carrying the cost of your own health insurance and paid time off.

Before taking the leap, it is prudent to conduct a personal self-assessment of your skills and experience, self-discipline, networks and finances.

A few questions for you to ask yourself include:
· Is my current level of experience sufficient?
· Who are my competitors?
· Is my network robust enough to bring in business?
· Are my finances in order? Do I have enough saved to cover my living expenses for the first four to six months?
· Do I have the appetite to aggressively network and pitch my business to potential clients?

If your answers support the transition, your next step is to create a well thought out business plan. In my discussions with independent consultants and business owners, one thing is sure -- operating without a business plan is similar to driving a car with a blindfold on your eyes.

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