IT Consultancy – How Much Money Can You Make? (Slides)

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IT Consultancy –

How Much Money

Can You Make?

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SPHomeRun.com Sponsored by HowToStartAnITBusiness.com

This Article

Sets Out Some

Essential

Considerations

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To Help You

At Least Begin

to Come Up

With a Number



Hourly Rates –

Or Not?



An Obvious

Starting Point

is to Think of

Your Standard

(or Average)



Hourly / Daily Rate

and Multiply it

By Your Standard

(or Average)

Working Hours



Over a Period

of a Month

or a Year



Think of the

Extras



You Can

(and Should)

Have Numerous

Other Types of

Revenue—



Including Profit

on Software,

Commission

on Services,



And Perhaps a

Mark-up

if You are a

Hardware Reseller



Be Honest

About Costs



Always Make a

Worst-case

Estimation of

Your Expenses—



Everything

From Taxation

to Insurance

and Staff and

Travel Costs



Look at Past

Results



You Can Come Up

With Much Better

Estimates



Once You Have

Some Historical

Data to Go on



Knowing How

Much You Can

Make From

IT Consultancy



Comes With

Experience and

Also With Knowing

How to Refine the

Way You Do Things



How Do You Go

About Forecasting

Your Estimated

Annual Consulting

Revenue?



Please Share

Your Thoughts

in the Comments

Section Below


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How to Start a Computer

Consulting Business 6 Proven Ways to

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IT Consultancy – How Much Money Can You Make? (Slides)