What kind of financial analyses you will be conducting during consulting projects

During consulting projects, you will have to, one way or the other, conduct quite a lot of financial analyses. Even if you don’t want to be a master of finance I would suggest learning the essential financial analyses. Such analyses will not be the most exhilarating part of the project, but without them, you will …

How to improve the cash flow of the business during consulting projects.

Consulting firms are also hired to improve the cash flow of the firm. It may be a part of attempts to save a failing business from bankruptcy or simply improve the returns for the shareholders. Improving the cash flow, liquidity requires a certain methodological approach. In this post, I will show you the main methods …

How to cut costs – best practices from consulting

Every company has to control costs in order to survive and prosper. Therefore, many firms on regular basis perform cost reduction projects.  Cost reduction projects may be part of a wider Performance Improvement Project or be a standalone project carried out only in one of the business units. Those projects are extremely interesting because you …

How to conduct consulting projects in consumer good businesses

Consumer goods are tough. You have so many customers that you cannot threaten them or negotiate with them. You have to think about segments, trends and act indirectly with a lot of marketing and indirect sales. That’s why consulting projects devoted to consumer goods are so much fun. You can do there plenty of interesting …

How to crush it with Excel – practical guide for Management Consultants

In Consulting you will have one friend that always will be there for you, who will be helping you in ways you can’t imagine. You will spend more time with him than with your family and friends. If you treat him nicely and spend time with him he will help you with your career, private …