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It Consultants Get Double Pay For Going Back To Corporate America

Posted on 04. Apr, 2008 posted by Bill in Employment News

Many IT consultants left their corporate jobs to cash in on the promise of huge money as a freelance consultant. But those who only found risk and additional cost are now seeing the cash as they get double pay for returning to Corporate America.

Under estimating the impact of the 3 C’s prevented many good consultants from succeeding on their own away from corporate America.

1. Capital: Many people think consultants make huge amounts of money just for going independent. Nothing is further from the truth. In additional to finding on going work, accounts receivable for the hours billed often are outstanding for 90 to 120 days for the first payment. This requires the consultant to have even more money to fund his initial opportunities and creates a cash flow burden.

1. Cost: Legal contracts, Certified Accountants, Taxes, Insurances, Overhead Support are just a few of the additional start up and ongoing cost required to be an independent consultant.

1. Customers: Due to the high cost of consultants, most engagements are not long term for independent consultants. Therefore the ongoing stress and risk of always having to find the next customer is exhausting.

The GREAT NEWS is companies like “We Buy Your Business” (WBYB) are offering cash for short and long term leads from these consultants while they return to corporate America.

Consultants who make the personal decision, for whatever reason to return to corporate America, often have work and engagements that still need attention. While working with WBYB, the consultant and WBYB will transition (back fill) these roles and help ensure the success of those existing projects.

Whether it is for one week or one year, WBYB guarantees payment to the consultant as long as the work continues allowing them to collect on the engagement and at their new corporate job.

For more information on this topic or other business exit strategies, please go to: http://www.WeBuyYourBusiness.com and click on START HERE to inquire for further assistance.

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