The Nonprofit Consulting Playbook
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Transcript of The Nonprofit Consulting Playbook
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The Nonprofit Consulting Playbook
!3/13, 2014 1pm EST
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Your Presenters3
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POLLHow long have you been consulting? More than one year Six months to one year Less than six months Just thinking about it
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WHY CONSULTING?Better hours?More pay?Freedom to set your own schedule?Ability to work at home?Variety of work?
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ARE YOU CUT OUT TO BE A CONSULTANT?
EMPLOYMENT LIFE
Teamwork Stable paychecks Multi-tasking Focus on one mission Schedule predictability Firm schedule
CONSULTING LIFE
Independence Income instability Wide-ranging multi-tasking Multiple clients Long, often strange hours Flexibility
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WHAT KIND OF CONSULTANT WILL YOU BE?
Single focused: writing, grants management, foundation relations?
Full service: grants broadly, fundraising generally?Ultimate business model: sole proprietor, small business, large
firm?Single focus clients: human service, the arts, education?Client size: large, medium, smaller organizations?Client geography: local, national, international?
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WHERE DO YOU WANT TO WORK?
HOME OFFICE
Ever-present workplace Casual dress Budget-friendly No commute time !Another option: the virtual office
“REAL” OFFICE
Prestige Meeting space for clients Few distractions
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HOW DO YOU WANT TO STRUCTURE YOUR COMPANY?
Sole proprietorshipPartnershipLLCCorporation (C or S)
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LEGAL ISSUES YOU NEED TO KNOW
State registrationIRS regulations about contractor versus employeeTax lawsLiability issues
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MARKETING YOUR BUSINESSYour websiteCollateral materialsSocial mediaProfessional organizationsNetworkingAdvertisingSpeakingWriting
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Personal expensesHealth careRetirementSavings Start-up costsTravelExperienceCompetition
Hourly Daily
Project-based Retainer
SETTING FEES
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SURVIVING AND THRIVING
Being flexibleMentors and coachesAdding/eliminating/changing servicesTaking on or becoming an associate
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Questions?
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THANK YOU!For more information, see The Nonprofit Consulting Playbook:
Winning Strategies from 25 Leaders in the Field !Consultant to Consultant: Hourly, customized, one-on-one coaching for aspiring, new, and veteran consultants.!Email us to learn more: [email protected]
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Next Webinar: !
Best Foot Forward:Avoiding Common Capital Campaign Mistakes
!4/24 1pm EST
!Brent A Hafele, M.A.
!https://bloomerang.co/resources/webinars/