TimeCatchApp Blog
Easy time tracking and project management for consultants, contractors, and SMBs
Category: Utilization
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Consultant Time Tracking Software: Capture Every Billable Hour Without Reconstructing Your Day
Categories: Consulting tech stack, Cost benefits, Finance, Project Management, Time Tracking, UtilizationContinue Reading: Consultant Time Tracking Software: Capture Every Billable Hour Without Reconstructing Your DayTrack Time Without Interrupting Your Work Capture every billable hour without reconstructing the day (or week or month) while staying focused on client work. Manual time tracking interrupts your work flow, diverting your attention. TimeCatchApp’s one-click approach keeps you working in deep thought, and your work tracked without later needing to reconstruct your day. Consultants…
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How to Calculate Billable Hours and Set the Right Bill Rate for Your Consulting Work
Continue Reading: How to Calculate Billable Hours and Set the Right Bill Rate for Your Consulting WorkWhat is scarier, being asked your bill rate by a potential customer, or being asked to speak in public? For many consultants, contractors, and freelancer, it is being asked what the bill rate is. I have seen it in consultants I have hired, and I have experienced it as a consultant myself. When that question…
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What Is Utilization Rate and Why It Matters
Continue Reading: What Is Utilization Rate and Why It MattersIn the last post we talked about the definition of the utilization rate, how to calculate utilization rate, and the utilization rate you should aim for. We now want to take a look at how this will affect your head count strategy, and some challenges with it. But first let’s look at the utilization rate…
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What utilization should you target?
Continue Reading: What utilization should you target?As a consulting or contracting organization, what should my target billable utilization rate be? This number is one of the most important targets, and will affect your profitability and ability to grow. Too low: You will lose money. Too high: You will burn out your team, and will not have time to develop your skillset…