Consulting Services Virginia Beach VA

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.

National Association Of Letter Carriers Branch 2819
(757) 463-7560
3574 Holland Rd Ste 203
Virginia Beach, VA
 
New Careers
(757) 422-1500
613 Chancery Sq
Virginia Beach, VA
 
Search & Recruit International
(757) 625-2121
4455 South Blvd Ste 410
Virginia Beach, VA

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Communications Workers Of America Local 2202 Afl-Cio
(757) 456-2202
154 Newtown Rd
Virginia Beach, VA
 
National Assoc Of Letter Carriers Norfolk Branch 456
(757) 461-1972
5307 E Virginia Beach Blvd
Norfolk, VA
 
Beach Counseling & Career Center
(757) 306-9100
3500 Virginia Beach Blvd Ste 206
Virginia Beach, VA
 
Coastal Training Technologies
(757) 498-9014
500 Studio Dr
Virginia Beach, VA
 
Executive Health Care Solution Inc
(757) 563-2246
3081 Clarke Dr
Virginia Beach, VA
 
Integrity Staffing Services Inc
(757) 420-0555
800 S Military Hwy
Virginia Beach, VA

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IBEW Local 80
(757) 480-1767
828 Providence Rd
Chesapeake, VA
 
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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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