Are you about starting a consulting business online?
If YES, here is a complete sample business consulting firm business plan template & feasibility report you can use for FREE.
It is however no doubt that you will need to first of all have a rich knowledge of the area that you are looking to commence business from.
After that has been done, then you have got to make it mandatory to draw up a business plan that you will follow.
Management consulting is growing at a steady rate and the growth rate of the industry far exceeds previous years’ growth.
Although the consulting industry struggled during the 2001–2003 period, but of course it is evident that the industry grew steadily after then except for the period (2009) when we experienced economic downturn.Of course the industry is stable and enjoying steady growth.The United States companies are spending much less on strategy consulting but the sector is expected to grow just 3.7 percent in the coming year.In essence, consulting firms are hired to proffer solutions to the challenges that organizations faces.Organizations don’t just hire consultants for the sake of hiring consultants, but they do so simply because they expect them to help tackle their business challenges and deliver solutions as required.No business person will be willing to pay you for a consulting service if you don’t have a track record that shows that you know what you are doing.It is one thing to convince a client to patronize your consulting services and it another thing for you to deliver solutions as agreed.In most cases, if you are lucky to be among the few experts in the industry, you will have the privilege of choosing who to work for and the amount you want to charge.Generally, consultants are skilled at conducting research and of course analyzing the results they got from the research.These people are solely responsible for guiding their clients through.In most cases these clients are folks who may not know much in the field in which they are vast in.