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ICYMI: Economists have identified four types of competition: perfect competition, monopolistic competition, oligopoly, and monopoly. Many of our readers already know this, but we've found that they usually focus exclusively on direct competition. https://www.businessconsultants.icu/what-are-the-4-types-of-business-competitors

ICYMI: Take that number and divide it by 52 (number of work weeks), then again by 40 (number of hours per week). Take that number and mark it between 25% and 50%. https://www.businessconsultants.icu/how-much-should-i-be-charging-as-a-consultant

ICYMI: Whether you're between a job or want to make a change, learning how to start a consulting business is the first step to getting the most out of your skills. The general goal of most business owners when starting a business is to be profitable. https://www.businessconsultants.icu/how-profitable-are-consulting-businesses

ICYMI: Sometimes, when companies are working on a difficult problem or a controversial project, it can be difficult for them to make decisions or take the necessary measures without being carried away by emotions or politics. Therefore, they hire consultants to give them an unbiased view and do some of the dirty work for them. https://www.businessconsultants.icu/who-hires-consultants-and-why

ICYMI: Financial risk management consultants belong to the Finance & Risks consulting family, which represents almost 20% of the management consulting industry. Given the overlap of activities with law firms, auditors, and mergers and acquisitions boutiques, determining their size is often a challenge. https://www.businessconsultants.icu/which-consultants-are-in-high-demand

ICYMI: Research consultants conduct specialized and specific research on behalf of a client and produce a final analysis of key findings. They are usually experts in a given field, sometimes scientists, who can provide reports in areas where full-time company staff cannot. https://www.businessconsultants.icu/what-research-do-consultants-do