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Index

Active Benefit Realization, 97

Administration, 131

Adventure, sense of, 12

Advertising, 67

Angle, finding a new, 55

Apple Corporation, 56

Assignments:

covert objectives, 83

creative or lateral thinking assignments, 38

experience-based assignments, 38

hands-on assignments, 39

planning, 81, 85

procedural assignments, 39

responsibility assignments, 39

short term nature, 104

Balance sheets, 135

Bar chart diagram, 88

Big Bang, 2

Business continuity planning, 49

Business cycles, 118

Business growth, 113, 126, 145

realistic view, 13

Business process reengineering, 49

Business strategy, 17, 20, 64

Capital required, 23

Carroll, Lewis, 58

Cash flow, 32, 121, 127

Cash flow statements, 134

Chamber of Commerce, 69, 72

Charge-out rates, 26

Clients, 60, 70

delivering results, 96

finding clients, 73

employing sales people, 104

the Internet, 78, 110

nurturing relationsips, 129

optimum number of, 73

recommendations, 109

risk, 93

selling your competence, 70

Client-server applications, 42

Community, helping in the, 108

Competence, 71

selling to clients, 70

Computer Society, 106

Computer telephony integration, 48

Conferences, speaking at, 71, 107

Consultancy Opportunities by Industry Matrix, 51

Consultancy Opportunity Matrix, 38, 50

Consultancy:

advantages of, 5

as a career option, 4

characteristics and skills required, 7,9, 10, 11, 12

demand for, 2, 4

predicting the market, 121

setting up in business, see Setting up in Business

Consultants:

as threat, 82

as welcome friend, 81

attitude towards, 2, 84

Contracts, 77

Copyright, 77

Core competence, 6, 36

Consultancy Opportunities by Industry Matrix, 51

Consultancy Opportunity Matrix, 50

flexibility, 37

Cost leader, vs differentiator, 57

Covert objectives of assignment, 83

Creative assignments, 38

Customer relationship management, 42

Data administration, 42

Data mining, 3, 41

Data warehousing, 3, 41

Database applications, 43

Debts, 122

Deliverables, risk, 94

Delivering results, 96

Desktop publishing, 47

Developing a product, 115

Differentiator vs cost leader, 57

Digital Equipment Corp, 56

Diversification, 113

Documentation, 45

Dot.com mania, 2, 57

e-business model development, 46

e-business opportunities, 46

e-Government, 44

e-learning, 46

Enterprise resource planning applications, 3

Entrepreneurship, 9, 60, 61

Expansion-contraction model, 119

Expenses, 30

Experience-based assignments, 38

Extranet, 3

Feedback, 97

Financial forecasting, 25

Finding clients, see Clients

Fixed costs, 28

Fixed price quotes, 120

Flexibility, 11, 37, 56, 66

Formative evaluation, 98

Funds flow statements, 138

Gates, Bill, 56

Growing your business, 113

Hands-on assignments, 39

Handy, Charles, 6

Helpdesk, 47

Helping in the community, 108

Hewlett-Packard, 56

Holidays, 27, 140

IBM, 5, 55

Illness, 141

Imagination, 58

Income statements, 133

Income, 28, 113, 127

Independent consultancy, 114

Industry specialist, 46

Inland revenue, 123

Insurance, 31

Internet consultancy, 44, 45

Internet, 2, 146

as resource, 32

finding clients, 78, 110

Intranet, 3

IT expenditure, 2, 4

IT training, 48

Job security, 12

Jobs, Steve, 56

Knowledge management, 45

Laker, Sir Freddie, 62

Lateral thinking assignments, 38

Leasing equipment, 24

Limited liability company, 21

risk, 22

Loans, acquiring, 19

Local area networks, 43

Low-fee consultancy, 27

Mailing lists, 69

Maintaining the business, 126

Making money, 112

Market intelligence, 41

Market research, 36

Marketing, 25, 105

Marketing material, 67

Marketing strategy, 64, 65, 66

m-commerce, 43

Networking, 62, 63

virtual network, 64

Novelty, 57

Objectives, covert, 83

Offices:

office facilities, 29

renting, 29

Olsen, Ken, 56

Optimism, 10

Options, key areas, 40

Outsourcing, 6

Overexpansion, 119

Partnerships, 20, 142

PAYE, 123

Pensions, 141

Perseverance, 12, 70

Personal contacts, 69, 105

see also Networking

PERT diagram, 86

Planning, 81, 85

Porter generic strategy model, 57

Prentice Hall, 55

Procedural assignments, 39

Product development, 115

Product specialization, 46

Professional indemnity insurance, 31

Professional service firms, 19

Profit, 121

Project management, 41

and Active Benefit Realization, 100

network chart, 86

Project planning, 85

Project proposal, 75

Project risk assessment, 93

Project work breakdown chart, 90

Proposals, 75

expense, 76

winning, 76

Quality assurance, 40

Quality of life, 127

Quality of work, 127, 128

Quotes, 120

Rates, 26

Recommendation by clients, 109

Recruitment, 48

Redundanacy, 5

References, 19, 71

Rent, 28

Resources, ensuring availability, 90

Responsibility assignments, 39

Retirement, 141

Risk, 22

project risk assessment, 93

understanding, 122

Sales management, 75

Schedules, work breakdown, 85

Search engines, 79

Security, network, 44

Self-confidence, 10

Self-employment, advantages and disadvantages, 14, 139

Self test on characteristics required, 15

Selling, 70, 75

Selling a product, 112

Selling your business,144

Seminars, addressing, 71, 107, 115

Sense of adventure, 12

Setting up in business, 17

budgeting, 23

cash flow, 32

checklist, 34

financial forecasting, 25

finding clients, 60, 79

fixed costs, 28

focusing questions, 17

limited liability company, 21

sole trader vs partnership, 20

specialization, 40, 54

start-up capital required, 23

sustaining business, 104

variable costs, 31

Shamrock model, 6

Sole trading, 20

Specialization, 40, 54, 65, 114

key areas, 40

Staff:

cooperation with, 82

recruiting, 142

temporary, 6

Start up capital, 23

Strategic IS planning, 49

Subcontracting to friends, 119

Target market, 72

Tax, 123

Travel costs, 28, 30

Turing, Alan, 55

Turnover, initial, 25

Understanding the market, 64

Value for money, 26, 63

client perception, 97

Variable costs, 31

VAT, 29, 123, 131

Vendor selection, 47

Viruses, 44

Watson, Thomas, Sr, 55

Web lists, 106

Websites, 79

setting up a, 33

Wide area networks, 43

Work breakdown schedules, 85

Working at home, 29

Working hours, 13, 14, 140

World wide web, 2

Wozniak, Steve, 56

Writing a book, 108

Writing for newspapers and magazines, 107

Y2K, 2

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