Module #11 Provocations

LinkedIn Learning - Consulting Foundations

This is for those who want to create their own business. You will need to set up your business model for long term success. In entertainment many people choose to set up an LLC (Limited Liability Company) and have clients pay your LLC. This is really easy and you can do a quick link to a page that you can use to sell your consulting business. 

I have one that I set up that literally took me 30 minutes. www.SheriCroftConsulting.com Links to an external site.if you want to check it out. Use your resume and "toolkit" to sell yourself!

The course will help you if you want to build a larger business and offers great tips and things to think about. I recommend it even if you are years away from building a business. It will help you set goals toward that goal.

Entrepreneurship is very different from working for someone else and you should be prepared for what it takes to start your own successful business.

Professor Croft's Short Version of How To:

LinkedIn Learning Course details:

CLICK LINK: https://www.linkedin.com/learning/consulting-foundations/welcome?autoAdvance=true&autoSkip=false&autoplay=true&resume=true&u=57691257 Links to an external site.

  • 1h 35m
Consulting is a top-paying, high-growth career path that comes with benefits like being able to set your own schedule and define the type of work you do. Whether you want to make the move into the consulting field or become more established and competitive as a consultant, this course can help you both set up and manage a consulting business. Join Mike Figliuolo as he covers the critically important components of consulting—including marketing, selling, contracting, managing engagements, and business administration. Learn how to optimize the time and effort you spend, follow best practices, and avoid common pitfalls. He shares instructions and insights related to expanding client relationships, running engagements, responding to RFPs, protecting intellectual property, getting licensed, and more.

Learning objectives

  • Identify types of consulting business models.
  • Describe revenue models.
  • Explain how to estimate and manage costs.
  • Price services using pricing strategies.
  • Explain how to negotiate deals with clients.
  • List effects of responding to RFPs.
  • Identify the phases of constructing a consulting engagement.
  • Present findings and implement recommendations.
  • Describe different ways to manage legal issues.