- FAQsI am thinking of starting my own consulting business, however I have no previous experience in running my own business. Am I in a bad position? We strongly believe that if there is a will, there is a way – moreover, most successful consultants start from scratch in terms of experience, sometimes even without substantial expertise in the area they are consulting. Skills in managing will come with time, and advice from skilled professionals of various areas will assist you with any lack of experience. How much do I need to invest in my consulting business in order to get started? One of the major benefits of starting and running a consulting business comes from the low level of capital that can be invested when getting started (compared to other industries). If you have a tight budget and plan on running your consulting business from home, start-up costs can be virtually as low as $1,500 once you develop a good plan. Realistically, how much can I expect to earn in my first year of business as a consultant? That is not an easy question to answer – since it depends on your level of expertise along with the scarcity of…
- Getting Started
- ResourcesThings to Consider Before You Become A Consultant: www.entrepreneur.com Business Start-Up Cost Calculator: www.businessknowhow.com Business Plan Writing Assistance: www.compassplans.com Market Research Services: www.brandinstitute.com
Thinking About It?
1If you haven’t yet taken your first steps in starting your consulting business, we have gathered resources and information for you to get started with the right foot forward.
2Starting from scratch can be a daunting experience – but we believe that with the right tools, and good guidance, a starting consultant can more easily build the foundations for long-term success.
Building Your Business?
3Are you looking to develop the right framework for successful growth? We offer resources that may assist you in building and developing your consulting business.
Expanding Your Business?
4Once you have already built a solid foundation, the sky is the limit. We offer tools and services that might be the right thing for you to continuously expand your consulting business in a healthy way.