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:
- Go to a domain registrar to get a domain name for your company (GoDaddy, Bluehost, HostGator, Web.com, Network Solutions, etc.)
- Many of these will offer you a website builder that is very easy to set up. If you are not a designer, this is the best way to go
- Go to www.sunbiz.org Links to an external site. to set up your business: https://dos.myflorida.com/sunbiz/start-business Links to an external site. and follow the directions
- You may also want to set up a different bank account just for your business income/expenses. This makes filing taxes much easier
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.
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.