Grow Your Independent Consulting Business
EP. 058 Consulting Margins
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Show notes
A common question I get from independent consultants is “what’s a typical margin for a consulting business?” When an IC asks me this question, they’re thinking about it from a financial perspective.
In today’s episode, I share another type of consulting margin that most independent consultants overlook…the life margin.
My own fractional CFO brought the life margin concept to my attention, and on this episode, I’m paying it forward so that you include your life margin in all the decisions you make about your business model, capacity, and consulting offers.
In the episode, I explain to you what life margin is, how to align your business model to your life margin goals, and then I'll give you a detailed case study showing how this all comes together so you can put it in place in your own business.
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