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Do you know how to start a consulting business? In this quick guide, we are going to break down all you need to know about how to start a consulting business. If you’re actively exploring the possibility of starting a consulting business, this is the perfect guide for you. Without wasting any time, let’s dive straight into providing some practical advice that can be easily implemented.
To start a consulting business in 2022, you must:
If you have ambitions to grow and scale a consulting business, workflow automation will play a vital role in streamlining and bringing order to your projects. When you have a confusing and convoluted workflow, this can detrimentally impact your ability to deliver exceptional client service. Without the right systems in place, your operation will be impossible to scale.
A general lack of scalability often plagues the operations of many consulting businesses. Fortunately, by utilizing the power of workflow automation, you can build workflows that are capable of accelerating all aspects of your business, including onboarding and service delivery. While some consulting businesses leverage workflow automation, it remains largely untapped.
From the outset, your consulting business should embrace the potential of workflow automation. By integrating these systems at the beginning, you will be able to optimize around growth and hit the ground running. Rather than getting bogged down by administrative tasks, you can leverage workflow automation using the StartingPoint platform to de-clutter your workload.
When tedious and repetitive tasks are automated, this gives consultants the ability to focus on providing clients with exceptional service. It also creates time for consultants to write project proposals and book meetings with potential clients. To facilitate and unlock growth, you need a solution like StartingPoint - that’s geared around workflow automation - in your corner.
To start your own consulting business, you should consider the following steps:
Aside from investing in a website domain and email address, there are very few startup costs associated with launching a consulting business. In some cases, you may be able to build an outreach campaign without spending anything. We would recommend investing in a workflow management and clients operations platform to streamline your operations from the very start.
While some consultants get paid by the hour, others prefer to productize their services with set packages. When you offer carefully-defined packages, this can increase the scalability of your consulting services and enable you to manage your time more efficiently. Set packages can also help you to manage client expectations and ensure all parties are on the same page.
The amount you can charge as a consultant will vary depending on your experience. To be competitive, you should research how other consultants in your industry are pricing their services. We also recommend looking at how they are structuring their pricing. This could provide you with ideas on how to package up your services for potential clients.
To start a successful consulting business, you should have some experience in your domain. You can conduct research to measure the potential demand for your services. It’s important to have a good understanding of how other consultants are positioning themselves in the market. If you haven’t offered consulting services before, you could explore partnerships with others.
Before you secure your first client, we would recommend implementing the right systems to manage an operation that’s likely to grow and expand. The StartingPoint platform has been purposefully designed to support consultants in their efforts to provide exceptional client service. From file storage to client communication, StartingPoint streamlines all aspects of your service.
StartingPoint can be implemented and customized in the space of an hour. If you want to explore the potential of workflow automation, you can take our platform for a test drive and hit the ground running. StartingPoint offers a centralized location for all client interactions. Rather than navigating between multiple platforms, key tasks can be completed in one place.
Consultants that are not leveraging the tremendous potential of workflow automation solutions risk offering inferior services compared to those who have implemented these solutions into their service offering. With the support of an automation solution like StartingPoint, there has never been a better time to start embracing and leveraging the power of automation.
Automation is the perfect way to gain a strategic advantage over competing consultants. StartingPoint can speed up your service delivery and provide clients with a centralized hub for interactions. Our platform confidently solves disconnected consulting workflow experiences and adds a clear sense of focus to your operation by bringing everything under one roof.
Are you ready to take StartingPoint for a test drive? Request a 14-day free trial today.