The consultancy dream: the rewards of consultancy are great, but the costs are a lot higher than many people are prepared for

Article Abstract:

The consultancy industry has prospered as more companies downsize, restructure and outsource parts of their operations. Those who are attracted to the area of consultancy are searching for ways to become more independent and have a desire to work for themselves. However, the work of consultants is far more involved than meets the eye, with the typical consultant putting in long hours. Consultants also have to put up with demanding customers.

Management Consulting Services, Business & Mgmt Consulting, Management, Consulting services, Consultants, Consultants (Persons)

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Rewards, risks on the buy-out trail

Article Abstract:

Management buy-outs can be sound economic deals for managers because they can realize more in return than the bank does, even if the business only does moderately well. Banks take the higher risk outright by putting up a larger percentage of financing than the managers do. Managers, however, should realize that buy-outs are high risk, and depend on business performance to generate returns.

Financial Management, Analysis, Management buyouts

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Threshing the client chaff reaps low-cost rewards

Article Abstract:

The marketing strategy of a chartered accounting firm in New South Wales, Australia, is described. The firm has increased its income substantially by concentrating on providing high quality financial services.

Services, Financial planning, Marketing, Accounting firms, Accounting services

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