pro serv chart of the week

Many boutique professional service firms are trying to borrow money right now.

Founders of boutique professional service firms can prevent their firms from growing/scaling/exiting by staying too long.

The tech industry gets the press when layoffs happen, and unfortunately, layoffs are happening a lot lately.

How much your firm is worth is affected by how much you can outperform the returns of the alternatives.

Vault Firsthand provides us their list of the top 50 consulting firms.

The good people at Vault Firsthand recently published their list of the 50 best boutique consulting firms.

What can these remarkable role models teach us?

Working capital in professional services is measured simply as the # of months of payroll in the bank. Why? ~85 of a firm’s expenses is payroll.

In the post-Covid world, we can live and work anywhere. If you want to increase your income, consider moving to a state with no, or lower, income tax.

Boutique pro serv firms are constantly hiring, whether due to growth or attrition. A new hire on the bench eats into profits.

Boutique professional service firms with long client contracts are worth more than those with short contracts. Why? The further out a firm can forecast its revenues and profits the less risky the business is. Lower risk = higher valuation.