it consultancy – how much money can you make? (slides)
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IT Consultancy –
How Much Money
Can You Make?
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This Article
Sets Out Some
Essential
Considerations
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To Help You
At Least Begin
to Come Up
With a Number
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Hourly Rates –
Or Not?
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An Obvious
Starting Point
is to Think of
Your Standard
(or Average)
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Hourly / Daily Rate
and Multiply it
By Your Standard
(or Average)
Working Hours
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Over a Period
of a Month
or a Year
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Think of the
Extras
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You Can
(and Should)
Have Numerous
Other Types of
Revenue—
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Including Profit
on Software,
Commission
on Services,
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And Perhaps a
Mark-up
if You are a
Hardware Reseller
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Be Honest
About Costs
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Always Make a
Worst-case
Estimation of
Your Expenses—
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Everything
From Taxation
to Insurance
and Staff and
Travel Costs
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Look at Past
Results
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You Can Come Up
With Much Better
Estimates
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Once You Have
Some Historical
Data to Go on
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Knowing How
Much You Can
Make From
IT Consultancy
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Comes With
Experience and
Also With Knowing
How to Refine the
Way You Do Things
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How Do You Go
About Forecasting
Your Estimated
Annual Consulting
Revenue?
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Please Share
Your Thoughts
in the Comments
Section Below
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