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Independent Consultant Explained: A Strategic Advantage for Small Businesses

Independent Consultant

Introduction In the ever-evolving landscape of consulting, the use of an independent consultant has emerged as a significant force, distinct from traditional consulting firms. While our previous blogs have covered the history of consulting and answered the question of what is a consulting firm, this entry focuses on the unique role of independent consultants and… Continue reading Independent Consultant Explained: A Strategic Advantage for Small Businesses

History of Consulting: Tracing the Path from Taylorism to Modern Management Advisory

Old geographic globe in the cabinet against the background of bookselfs.Science, education, travel, vintage background. History and geography team.

Introduction The journey of consulting as a professional service has been both varied and rich, filled with ideological shifts and major economic transformations. Understanding the history of consulting not only provides insight into its current state but also sheds light on its foundational practices and the evolution of modern business thinking.   The Roots of… Continue reading History of Consulting: Tracing the Path from Taylorism to Modern Management Advisory

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Answering What is a Consulting Firm: Benefits, Challenges, and Alternatives for Small Business

Introduction In the dynamic landscape of modern business, what is a consulting firm has become a pivotal question. The history of consulting firms have emerged as key players, providing a plethora of expert professional services, such as IT consulting services, small business consuliting and more recently, environmental consulting services, and strategic guidance to businesses. This… Continue reading Answering What is a Consulting Firm: Benefits, Challenges, and Alternatives for Small Business

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Categorized as Business

How to Become an IT Consultant When Starting as an Employee

How to become an Independent Consultant when starting out as an Employee

The work life of an independent IT consultant is one that comes with several benefits. Basically, you no longer must work for a fixed salary, but instead get to dictate what rate you would like to be paid. Unlike an FTE IT professional who is bound by an employer’s laid down rules, you get the… Continue reading How to Become an IT Consultant When Starting as an Employee

Self Employment Tax and Other Taxes IT Consultants should be Aware of

Self employment tax

Offering consultancy services gives you the chance to make money with your knowledge and experience. As such, you could decide to work for a particular company and be on its payroll and avoid self-employment tax. You could also decide to be your own boss by going the self-employment way and pay the tax. Either way,… Continue reading Self Employment Tax and Other Taxes IT Consultants should be Aware of

How to Calculate Your IT Consultant Pay Rate

How to calcuate your consulting rate

For IT consultants and even anyone working within the freelance economy, setting the right consultant pay rate for your services can be a daunting issue. This is because your situation is different from that of an employee whose wages or salary is paid at a specific rate and time. Typically, a freelance consultant’s pay rate… Continue reading How to Calculate Your IT Consultant Pay Rate

IRS Audit and 10 Things IT Consultants Can do To Avoid One

IRS audit title on a document and 1040 form.

One of the things you definitely don’t want for your business, especially if you are an experienced IT consultant, is a tax audit. Even though the possibility of facing a tax audit from the IRS is generally low, it is still a major concern for many businesses. Normally, a tax audit is supposed to be… Continue reading IRS Audit and 10 Things IT Consultants Can do To Avoid One

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