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Casual Articles - How To Build A Successful Consulting Business, Part 1
IT Consulting for Micro Businesses: What You Need to Know you are now ready to begin selling. The first thing you must do is to qualify the prospect. This means you have to determine whether you can help them, and whether they will allow you to.IT consulting for micro businesses is a good starting point for many IT professionals. In addition to the general hardware and software, and peer-to peer networking, you'll need to be familiar with some additional items. In this article, you'll learn what other skills you need for micro business IT consulting.When providing IT consulting to micro small businesses, you will occasionally get requests for support of the big competitors of the basic Windows software for their competiton. Some of these include Goldmine and other kinds of tech management or Peachtree - another accounting package.Virus protection is also real important, so make sure you are comfortable with McAfee and Norton. Make sure you are comfortable with personal firewalls like Zone Alarm, and Norton personal firewall as well as remote control packages like PC anywhere.Micro Small Business Networking NeedsYou need to be comfortable with working and setting up basic peer to peer LANs to share a drive, to share a CD-ROM, to share a printer, to share internet access, and share ICS kind of stuff. In the consulting business it’s difficult to qualify prospects without meeting them personally. You can establish some prequalification criteria. For example, you can decide not to sell to companies with less than $500,000 in sales, since it isn’t likely that they can afford you in the first place. But to know more specifically whether you can help prospects, you need to know exactly what they need. Therefore, to qualify a prospect it is best to meet them personally or at least talk to them by phone. You cannot qualify a prospect by exchanging e-mails. To help you better evaluate and identify the needs of the prospect you need to get some important information. You need to know what their business is and what their role in the business is. You need to know exactly what the problem is and you need to make it clear to them what your background is and how you can solve their problem. The purpose of the initial meeting or conversation with a prospect is for both of you to get to know each other. But keep in mind that you are qualifying the prospect, finding out what he or she needs and whether you can help. On the flip side, the prospect is qualifying you to determine whether you have the experience and resources to help him or her with problems. Before you can submit a proposal to the potential cli Don't Buy In A Bad Mood! In today’s constantly changing job market more and more well educated people with a wealth of experience are being laid off. Many of them try to find other jobs but with little or no success. Because of this many people are deciding to parlay their experience and know-how into a small consulting practice.Today, I made a special trip to an art supply store, one at which I have a “membership,” enabling me to get 10% off its prices, everyday.After wading through a sea of traffic, I found a parking space, entered the store, and quickly picked up two canvasses.I asked the clerk, “Are these on sale?”“Yes,” she replied.“ You can get up to 70% off, depending on how many you buy.”Cool, “How much do you save with two?”“Fifty-percent.”Not bad, I thought, and I systematically went down the store’s aisles in search of yet more bargains.My arms full of paints, sketching pads, and other goodies, I trekked back to the counter, and the clerk rang up the charges.The total came to over $77.Wow, that’s a lot of money, I thought.“Can you itemize these for me, please?” I asked.She was happy to do it, but I couldn’t believe what I heard. Each canvas cost about thirty bucks. How could this be?“Well, you got 50% off our REGULAR price,” she explained.“Am I getting an additional 10% off because of my membership?”“Uh, It sounds, easy, fun and exciting. You would be your own boss, making all the decisions. You would go wherever you wanted, whenever you choose. You would pick your clients and get paid handsomely for your expertise and interpersonal skills. But being an independent business consultant is more than just being a well-paid business advisor. You must also be an entrepreneur. You have to know how to manage a business, keeping control over the detailed administrative support systems that run your office, such as accounting and personnel. You also have to know how to market your experience and write winning project proposals, because if you don’t sell, you don’t survive. A consultant is also a project leader. You have to know how to plan, lead, and implement complex projects, and often several at the same time. You have to manage fee structures, deadline pressures, and client expectations. You have to know how to respond to conflicts or hostility within client organizations. Do you think you have what it takes? Are you still tempted by the idea of either leaving your current job or if you’re unemployed stopping your career search and setting up your own consulting business? If you are then keep reading. If you’ve decided to start your own consulting business the first thing you must do is to decide if you want to be a generalist or a specialist. For example if your background has a specific industry focus, then you should become a specialist. If, on the other hand, you have skills that cover various industries and functions, then you are probably a generalist. As a generalist, you bring the perspective of different functions acquired through your previous job experience. It is usually easier to market a specialty rather than general services because you can be precise about what you will offer the client. The problem with specializing in a specific market is that new consulting jobs in that market can decrease or dry up completely in a hurry. But you may also find that, over time and with more experience, you will be ready to offer your services outside the industry you first specialized in, or that you have expanded the services you offer to clients. Once, you’ve set up the basic financial, personnel, and legal resources you need to run your business it is time to start marketing your consulting experience. Selling involves meeting and talking to prospects to discuss their problems and your qualifications, and then proposing your solutions to their problems. Before you can begin preparing marketing materials to contact prospects, you have to decide which industry you want to serve, what type of services you want to provide, and who the decision makers are you should be trying to reach. You also need to find out who will be competing for the same market and what their strengths and weaknesses are and most importantly, if a marketplace exists for your services. Once you have decided what you will market and to whom, you can begin to choose your marketing techniques. Here are some for you to consider: * Newsletters or articles. An informative newsletter or articles published in industry periodicals, will make your name known and enhance your credibility with prospects. This is an excellent marketing tool to use on the Internet. You should have a sign up place on your Web site for prospects to sign up for your free newsletter. And there are some very good Web sites for publishing articles you write that can help you get the exposure you need. * Seminars. Sponsoring or cosponsoring a seminar also enhances your identity and your reputation. If you can afford it, pay for the attendance of a targeted group of executives. It’s an expensive but very successful way of obtaining clients from the prospective pool. * Referrals. There’s nothing like a referral to open a prospect’s door. People do not refer those they do not respect and esteem to those they know. Referrals are therefore a convincing testimonial to your qualities as a consultant. In addition, with a referral you know that the prospect is interested in buying, so you’ve already got a head start on the selling process. A referral from a peer to a potential client is valuable. A referral from a prior client to a potential client is even more valuable. * Public Relations. Public relations is getting yourself known in the field in which you consult. Interviews, articles written by you or quoting you, or public speaking can make prospects familiar with your name and the services you provide. But don’t spend too much time on PR. Remember, you’re in the consulting business and should be spending your time on marketing and delivering services to clients. For the most effective PR, use specialized firms if you can afford it. They’re in contact with media for all their clients and can identify the best opportunities for you. Consultants often get so involved in marketing to potential clients that they forget to market to their peers. If you have an expertise in a specialty needed by another consultant’s existing client, for example, the other consultant will gladly refer a client to you, if you have a reputation for quality performance. That quality performance will make the referring consultant look good to his or her client. To market to your peers, first keep them informed about what you are doing now. Let them know your current assignments and interests. Second, meet with your peers at professional meetings to establish close, personal relationships. Third, impress your peers with your competence rather than your salesmanship. Then, perhaps, they’ll do some marketing for you. Once you’ve identified prospects and scheduled first meetings with them either in person or by phone, you are now ready to begin selling. The first thing you must do is to qualify the prospect. This means you have to determine whether you can help them, and whether they will allow you to. In the consulting business it’s difficult to qualify prospects without meeting them personally. You can establish some prequalification criteria. For example, you can decide not to sell to companies with less than $500,000 in sales, since it isn’t likely that they can afford you in the first place. But to know more specifically whether you can help prospects, you need to know exactly what they need. Therefore, to qualify a prospect it is best to meet them personally or at least talk to them by phone. You cannot qualify a prospect by exchanging e-mails. To help you better evaluate and identify the needs of the prospect you need to get some important information. You need to know what their business is and what their role in the business is. You need to know exactly what the problem is and you need to make it clear to them what your background is and how you can solve their problem. The purpose of the initial meeting or conversation with a prospect is for both of you to get to know each other. But keep in mind that you are qualifying the prospect, finding out what he or she needs and whether you can help. On the flip side, the prospect is qualifying you to determine whether you have the experience and resources to help him or her with problems. Before you can submit a proposal to the potential clie Career Path Decided at the Pump? eep reading.As gas prices continue to skyrocket, more and more people are beginning to look at their work at home options. Many people who have never considered the non-traditional workplace are taking it more seriously.Work at home used to be one of those phrases that often met with that look. You know, that disapproving look that your mother gave you when you said you wanted to take a break from school to “find yourself” or that the dent was in the car before you took it. Most people envisioned a career from home to be sitting on your couch stuffing envelopes or being on the phone all day selling magazine subscriptions. People did not consider at home jobs as “real jobs.”Those traditional work at home jobs still exist, but the range of other options is literally endless. The explosion of the internet, that seems to be continuing without end in sight, makes working from a home office a viable option in almost any field.You can find thousands of virtual assistants, internet marketers, customer service agents, insurance salespeople, and freelancers in almost any field joining the If you’ve decided to start your own consulting business the first thing you must do is to decide if you want to be a generalist or a specialist. For example if your background has a specific industry focus, then you should become a specialist. If, on the other hand, you have skills that cover various industries and functions, then you are probably a generalist. As a generalist, you bring the perspective of different functions acquired through your previous job experience. It is usually easier to market a specialty rather than general services because you can be precise about what you will offer the client. The problem with specializing in a specific market is that new consulting jobs in that market can decrease or dry up completely in a hurry. But you may also find that, over time and with more experience, you will be ready to offer your services outside the industry you first specialized in, or that you have expanded the services you offer to clients. Once, you’ve set up the basic financial, personnel, and legal resources you need to run your business it is time to start marketing your consulting experience. Selling involves meeting and talking to prospects to discuss their problems and your qualifications, and then proposing your solutions to their problems. Before you can begin preparing marketing materials to contact prospects, you have to decide which industry you want to serve, what type of services you want to provide, and who the decision makers are you should be trying to reach. You also need to find out who will be competing for the same market and what their strengths and weaknesses are and most importantly, if a marketplace exists for your services. Once you have decided what you will market and to whom, you can begin to choose your marketing techniques. Here are some for you to consider: * Newsletters or articles. An informative newsletter or articles published in industry periodicals, will make your name known and enhance your credibility with prospects. This is an excellent marketing tool to use on the Internet. You should have a sign up place on your Web site for prospects to sign up for your free newsletter. And there are some very good Web sites for publishing articles you write that can help you get the exposure you need. * Seminars. Sponsoring or cosponsoring a seminar also enhances your identity and your reputation. If you can afford it, pay for the attendance of a targeted group of executives. It’s an expensive but very successful way of obtaining clients from the prospective pool. * Referrals. There’s nothing like a referral to open a prospect’s door. People do not refer those they do not respect and esteem to those they know. Referrals are therefore a convincing testimonial to your qualities as a consultant. In addition, with a referral you know that the prospect is interested in buying, so you’ve already got a head start on the selling process. A referral from a peer to a potential client is valuable. A referral from a prior client to a potential client is even more valuable. * Public Relations. Public relations is getting yourself known in the field in which you consult. Interviews, articles written by you or quoting you, or public speaking can make prospects familiar with your name and the services you provide. But don’t spend too much time on PR. Remember, you’re in the consulting business and should be spending your time on marketing and delivering services to clients. For the most effective PR, use specialized firms if you can afford it. They’re in contact with media for all their clients and can identify the best opportunities for you. Consultants often get so involved in marketing to potential clients that they forget to market to their peers. If you have an expertise in a specialty needed by another consultant’s existing client, for example, the other consultant will gladly refer a client to you, if you have a reputation for quality performance. That quality performance will make the referring consultant look good to his or her client. To market to your peers, first keep them informed about what you are doing now. Let them know your current assignments and interests. Second, meet with your peers at professional meetings to establish close, personal relationships. Third, impress your peers with your competence rather than your salesmanship. Then, perhaps, they’ll do some marketing for you. Once you’ve identified prospects and scheduled first meetings with them either in person or by phone, you are now ready to begin selling. The first thing you must do is to qualify the prospect. This means you have to determine whether you can help them, and whether they will allow you to. In the consulting business it’s difficult to qualify prospects without meeting them personally. You can establish some prequalification criteria. For example, you can decide not to sell to companies with less than $500,000 in sales, since it isn’t likely that they can afford you in the first place. But to know more specifically whether you can help prospects, you need to know exactly what they need. Therefore, to qualify a prospect it is best to meet them personally or at least talk to them by phone. You cannot qualify a prospect by exchanging e-mails. To help you better evaluate and identify the needs of the prospect you need to get some important information. You need to know what their business is and what their role in the business is. You need to know exactly what the problem is and you need to make it clear to them what your background is and how you can solve their problem. The purpose of the initial meeting or conversation with a prospect is for both of you to get to know each other. But keep in mind that you are qualifying the prospect, finding out what he or she needs and whether you can help. On the flip side, the prospect is qualifying you to determine whether you have the experience and resources to help him or her with problems. Before you can submit a proposal to the potential cli Spelling Counts rying to reach. You also need to find out who will be competing for the same market and what their strengths and weaknesses are and most importantly, if a marketplace exists for your services.I have dealt with many companies, read many books, and looked at images. Many times there are spelling or grammatical errors. I realize that it is very difficult to catch every error and my materials are no exception. No matter how many times you pass the words by a team, something will always be overlooked. If you take time to look at your materials with a fine tooth comb, you may still miss a small error. What you should be doing is proof reading absolutely everything that you send out. One spelling or grammatical error stands out like a sore thumb; it is always noticed by someone outside your company. You should make every effort to make sure that your documents are perfect, although this is very difficult to achieve.Documents that have not been proof-read and are full of errors look like a hand painted sign for a lemonade stand. They scream out as homemade, unprofessional and sloppy. Use the spell and grammar checker on your computer but do not rely on it one hundred percent. Even a computer does not catch everything, especially when a word is spelled correctly but has the wro Once you have decided what you will market and to whom, you can begin to choose your marketing techniques. Here are some for you to consider: * Newsletters or articles. An informative newsletter or articles published in industry periodicals, will make your name known and enhance your credibility with prospects. This is an excellent marketing tool to use on the Internet. You should have a sign up place on your Web site for prospects to sign up for your free newsletter. And there are some very good Web sites for publishing articles you write that can help you get the exposure you need. * Seminars. Sponsoring or cosponsoring a seminar also enhances your identity and your reputation. If you can afford it, pay for the attendance of a targeted group of executives. It’s an expensive but very successful way of obtaining clients from the prospective pool. * Referrals. There’s nothing like a referral to open a prospect’s door. People do not refer those they do not respect and esteem to those they know. Referrals are therefore a convincing testimonial to your qualities as a consultant. In addition, with a referral you know that the prospect is interested in buying, so you’ve already got a head start on the selling process. A referral from a peer to a potential client is valuable. A referral from a prior client to a potential client is even more valuable. * Public Relations. Public relations is getting yourself known in the field in which you consult. Interviews, articles written by you or quoting you, or public speaking can make prospects familiar with your name and the services you provide. But don’t spend too much time on PR. Remember, you’re in the consulting business and should be spending your time on marketing and delivering services to clients. For the most effective PR, use specialized firms if you can afford it. They’re in contact with media for all their clients and can identify the best opportunities for you. Consultants often get so involved in marketing to potential clients that they forget to market to their peers. If you have an expertise in a specialty needed by another consultant’s existing client, for example, the other consultant will gladly refer a client to you, if you have a reputation for quality performance. That quality performance will make the referring consultant look good to his or her client. To market to your peers, first keep them informed about what you are doing now. Let them know your current assignments and interests. Second, meet with your peers at professional meetings to establish close, personal relationships. Third, impress your peers with your competence rather than your salesmanship. Then, perhaps, they’ll do some marketing for you. Once you’ve identified prospects and scheduled first meetings with them either in person or by phone, you are now ready to begin selling. The first thing you must do is to qualify the prospect. This means you have to determine whether you can help them, and whether they will allow you to. In the consulting business it’s difficult to qualify prospects without meeting them personally. You can establish some prequalification criteria. For example, you can decide not to sell to companies with less than $500,000 in sales, since it isn’t likely that they can afford you in the first place. But to know more specifically whether you can help prospects, you need to know exactly what they need. Therefore, to qualify a prospect it is best to meet them personally or at least talk to them by phone. You cannot qualify a prospect by exchanging e-mails. To help you better evaluate and identify the needs of the prospect you need to get some important information. You need to know what their business is and what their role in the business is. You need to know exactly what the problem is and you need to make it clear to them what your background is and how you can solve their problem. The purpose of the initial meeting or conversation with a prospect is for both of you to get to know each other. But keep in mind that you are qualifying the prospect, finding out what he or she needs and whether you can help. On the flip side, the prospect is qualifying you to determine whether you have the experience and resources to help him or her with problems. Before you can submit a proposal to the potential cli Material Handling Equipment ior client to a potential client is even more valuable.Material handling equipment is equipment that is specifically designed for mechanically handling packaged or bulky items, generally in a production, shipping or storage facility. Selecting the right material handling equipment is vital, as it affects the operating cost and operational efficiency of a factory. The material to be handled, the plant building, and the issues of urgency and safety are a few factors that affect the decision on selecting the right material handling equipment.The equipment is designed after taking into consideration the direction, speed of movement and the level of supervision required. Normally, the equipment used for lighter loads includes wheelbarrows, trolleys and pulley blocks. Trucks, cranes and hoists, monorails and lifts are regularly used for heavy loads. In mass production facilities, conveyors, slides and chutes are also used.Material handling equipment can be generally classified as transport equipment, positioning equipment and unit load formation equipment.Transport equipment is used to move materials from one location to anoth * Public Relations. Public relations is getting yourself known in the field in which you consult. Interviews, articles written by you or quoting you, or public speaking can make prospects familiar with your name and the services you provide. But don’t spend too much time on PR. Remember, you’re in the consulting business and should be spending your time on marketing and delivering services to clients. For the most effective PR, use specialized firms if you can afford it. They’re in contact with media for all their clients and can identify the best opportunities for you. Consultants often get so involved in marketing to potential clients that they forget to market to their peers. If you have an expertise in a specialty needed by another consultant’s existing client, for example, the other consultant will gladly refer a client to you, if you have a reputation for quality performance. That quality performance will make the referring consultant look good to his or her client. To market to your peers, first keep them informed about what you are doing now. Let them know your current assignments and interests. Second, meet with your peers at professional meetings to establish close, personal relationships. Third, impress your peers with your competence rather than your salesmanship. Then, perhaps, they’ll do some marketing for you. Once you’ve identified prospects and scheduled first meetings with them either in person or by phone, you are now ready to begin selling. The first thing you must do is to qualify the prospect. This means you have to determine whether you can help them, and whether they will allow you to. In the consulting business it’s difficult to qualify prospects without meeting them personally. You can establish some prequalification criteria. For example, you can decide not to sell to companies with less than $500,000 in sales, since it isn’t likely that they can afford you in the first place. But to know more specifically whether you can help prospects, you need to know exactly what they need. Therefore, to qualify a prospect it is best to meet them personally or at least talk to them by phone. You cannot qualify a prospect by exchanging e-mails. To help you better evaluate and identify the needs of the prospect you need to get some important information. You need to know what their business is and what their role in the business is. You need to know exactly what the problem is and you need to make it clear to them what your background is and how you can solve their problem. The purpose of the initial meeting or conversation with a prospect is for both of you to get to know each other. But keep in mind that you are qualifying the prospect, finding out what he or she needs and whether you can help. On the flip side, the prospect is qualifying you to determine whether you have the experience and resources to help him or her with problems. Before you can submit a proposal to the potential cli 7 Keys To Powerful Presentations That Attract More Clients you are now ready to begin selling. The first thing you must do is to qualify the prospect. This means you have to determine whether you can help them, and whether they will allow you to.Have you noticed that speakers at conferences and events are considered as the “go to” expert in their field just because they are positioned as a speaker?Speaking and presenting are great ways of extending your reach and promoting your expertise so that you attract more clients.Here are 7 tips to enhance your professional presentations.1. DO YOUR RESEARCH – If you have been approached to speak at an event, make sure that you check with the events organiser who has been the most recent speakers and what they talked about. You need to make sure that you provide value to the attendees and do not repeat what others have spoken about.2. PREPARE FOR SUCCESS – As the group you are speaking with will probably have had other events, ask the event organiser what success will look like for their attendees.3. MAKE IT RELEVANT – Once you know who your attendees will be and their background, make sure that you customise your presentation with case studies that are relevant to their industry, geography and background.4. BE TECH SAVVY – If you plan to include v In the consulting business it’s difficult to qualify prospects without meeting them personally. You can establish some prequalification criteria. For example, you can decide not to sell to companies with less than $500,000 in sales, since it isn’t likely that they can afford you in the first place. But to know more specifically whether you can help prospects, you need to know exactly what they need. Therefore, to qualify a prospect it is best to meet them personally or at least talk to them by phone. You cannot qualify a prospect by exchanging e-mails. To help you better evaluate and identify the needs of the prospect you need to get some important information. You need to know what their business is and what their role in the business is. You need to know exactly what the problem is and you need to make it clear to them what your background is and how you can solve their problem. The purpose of the initial meeting or conversation with a prospect is for both of you to get to know each other. But keep in mind that you are qualifying the prospect, finding out what he or she needs and whether you can help. On the flip side, the prospect is qualifying you to determine whether you have the experience and resources to help him or her with problems. Before you can submit a proposal to the potential client, you have to introduce and sell yourself. If you don’t pass this first step, you will never get the opportunity to even present a proposal. You might feel that your experience and expertise are so valuable that you shouldn’t have to resort to selling. But this attitude won’t get you any clients. When you sell yourself, the process must reflect your strategy. For example, if you are going to position yourself as a top-of-the-line consultant you must offer more than the basic services tied to the assignment. When you are selling your consulting services to a prospect, it is essential that you emphasize to the prospect how he or she will benefit from hiring your services. For example, you will show them how to save money or enhance their growth. Being an independent consultant can provide you with the freedom, excitement, fulfillment, and money that you dream about, but only if you set up, and market your business the right way. In part two we will cover how to write proposals, protect yourself, and solidify you client relationships. Copyright© 2005 by Joe Love and JLM & Associates, Inc. All rights reserved worldwide.
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