Hello fellow FD'ers
It is likely I'll be taking on a 2 month consulting gig in the near future. I wanted to reach out to get your insights. I really like the company and have a vested interest in seeing them succeed. Financially, they are broke but they a tonne of liquidity either.
As a consultant, I want to be part of their solution, working within their framework and resource capacity, while being fair to myself.
I've done a little consulting before but I was hoping to step up my professionalism in this situation and come in with a refined process.
Do you have any insights to share regarding;
compensation structure - currently looks like a cash/equity mix weighted towards equity.
rate multiplier - I've read standard consultant rates are typically 3x market. Is this true?
structuring/managing expectations or deliverables
As always, you don't know what to don't know see please feel free to share caveats/complications I am likely missing or relevant resources.