A Lifestyle Business Does Not Have to Die When the Founder Does
Death and taxes really are the only certainties of life, especially when you’re running a professional boutique services firm. But […]
Pro Serv Blogs
Out-Tasking: A Way to Get Started With Outsourcing
Should you out-task or outsource? If you’re not sure how to answer that question, you’re not alone. Many
The Migrating Value Proposition: How to Recognize It and Get Ahead of Your Competitors
When was the last time you gave some serious thought to your firm’s value proposition? If you don’t know the
4 Steps to Cut Costs in a Professional Services Firm
No one likes to talk about cutting costs. It is more fun to talk about revenue growth. Yet owners and
The Tired Founder: How to Rehabilitate an Old Lifestyle Firm
Did you know the average age of a successful founder is 45, according to Harvard Business Review? When most think “entrepreneur,” they
How to Generate Expansion Revenue From Existing Clients
The most-read blog post on Collective 54’s website is How Selling Professional Services is Different Than Selling Products. It introduced The R
How Much Is Your Firm Worth?
Members of Collective 54 are searching for one of three things for their professional services firm: growth, scale, or exit.
10 Ways a Professional Service Firm Can Determine the Correct Industry Segments for Them
Boutique professional services firms are resource-constrained, with only so many dollars, hours, and employees available to pursue growth. This makes
Stop Losing Deals Because You’re Different Rather Than Differentiated
Is your business differentiated? Or just different? If you can’t answer with confidence, you may be leaking revenue — and
The Hidden Cost Drivers of a Boutique Professional Service Firm
The real cost to run a boutique professional service firm is hidden from most founders because many founders use the