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IT consulting: considering hidden costs of startups






IT consulting professionals need to consider utilization at startup. You need to take into account the fact that you do not bill in 40 hours a week when you start consulting it.





It's tough. :

IT consulting





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In IT consulting, what is the $ 75 hour consulting business identified with in the long run? In that case, do you respond to the charge system?

A place to carry things like the $ 75 or $ 85 level beyond the special grand opening to get the first couple of clients

Consider overhead costs and expenses

"Why not $ 75 hours equate to $ 150,000 per year?" Incorrectly, $ 75 your time to run your own IT consulting business does not come out to $ 150,000 a year You can not claim 2,000 hours a year.

The IT consulting business will grow through all the overhead costs of thinking about doing a new consultant. Just because an uninformed person who is starting usually thinks that it takes 40 hours a week to spend 40 hours a week for 50 hours a week for 40 hours a week for 40 hours

Know that there is a contradiction

As long as you don't work 100 hours a week, it won't happen, and for many reasons it won't happen consistently every week. The start of the IT consulting business sounds great on the surface. I'm thinking, "I'm going to work from home. I'm going to keep my overhead as low as possible."

Consider your availability

You need to consider what is called your utilization. It is a reality that, on average, you can only charge about 75% of 40 hours a week. It does this level consistently even for half a year.

Conclusion on IT consulting

Finally, one of the most important things to overlook a new IT consulting business is what your business needs to grow and what you want to scale up should consider these factors in your rate setting.

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IT consulting: medium-sized enterprise and government contracts





Are SME customers IT consulting for a good idea of ​​a government contract? For small and medium-sized enterprise customers whose IT consulting business fares as three, four, two, etc., government contracts.





It's tough. :

IT consulting





Article body:

As you grow, should you keep government, city, state, municipal contracts such as school district contracts? Maybe they are completely different business models. When talking about selling to medium-sized businesses, go back again and assess your technical skills.

What skills are brought to the table and how close they are to what some skills can be deep, they are not looking for an external version of a central IT manager Hmm.

Go after government, cities, states, municipalities, public school districts, etc. Includes lots of bids, bid packets, bid guarantee bonds, long sales cycles, and politics. At this stage of the game is generally very different business models, very different than to sell to SMEs, or sweet spots of SMEs

In other words, most of the sweet spot SMEs within a 50-mile radius know who you are, they are your prospect funnel, and you are completely exhausted and completely your sweet spot marketing This is pretty rare unless you are in the middle of nowhere.

Consider going to complement your business base with some high-end micro and some medium-sized companies before going after government work It's waiting to receive bids, politics and salaries Because of the level of deterioration. Especially at their startup stage-it is not a very good place for people to be there.

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