Modern technology has become the driving force for new
entrant into consultancy. To succeed in the enterprise you should be knowledgeable
in your field of choice, have lots of passion and produce quality service.
Advantages
of Consultancy
There are many advantages to running a consultancy
business. Some are work flexibility, low overhead expenses, and tax deductible.
- Flexibility l
- Low overhead
- Expenses
- Tax deductible.
Types
of Consultancy
There are different types of consultancy services.
Popular consultancy services include accountancy, auditing, marketing, taxes
and publishing. Others are insurance, computer, payroll management,
craftsmanship and human resources.
Different
Types of Consultancy Services
- Accountancy
- Auditing
- Marketing
- Taxes
- Publishing
- Insurance
- Computer
- Payroll management
- Craftsmanship
- Human resources.
Choose
a Niche
Consultancy business is vast and there are many sectors. You
need to choose a niche and acquire knowledge.
Computer consulting requires deep knowledge of the
workings of a computer hardware and software. It also involves networking,
repairs and training clients on technical aspects.
Funding
The funds are needed for equipment, training, rent and
marketing. Approach a commercial bank in your locality. Try target savings or
borrow from friends and family.
Write
a Business Plan
Don’t forget to write a computer consulting business plan.
Then conduct a survey and carry out a feasibility study. The study should focus
on competitors, services and prices.
Location
The best location is in a commercial area close to
clients. The number of employees depends on your business structure. You could
work from home or a dedicated office.
Things
to Consider
There are a few things to consider before starting your
consultancy business. You need certification and license to operate as a
computer consultant.
Acquire the
applicable qualification and knowledge of computers. The job requires
networking, proper time management and goals. Other requirements are the
business aspect such as funding, equipment and securing a good location.
- Get certified
- Secure a license
- Applicable qualification
- knowledge of computers
- Networking
- Proper time management
- Goals
- Funding
- Equipment
- Securing a good location.
Why Hire
a Consultant
Individuals, charity and company’s have different reasons
for hiring a consultant. A consultant is hired for his expertise, ability to
identify and resolve problems.
They act as catalysts, supplementary staff, provide
objectivity and tutelage. They provide technology, increase company efficiency
and productivity. Consultants are also influencers and aid business
development.
- Hired for his expertise
- Ability to identify and resolve problems
- Act as catalysts
- Supplementary staff
- Provide objectivity
- Tutelage
- Provide technology
- Increase company efficiency
- Productivity
- Influencers
- Aid business development.
Pricing
The billing strategy of consultancy firms depends on the
scope of work. You could bill on hourly rates, per project or on retainer
bases. Reduce your rates or work for free for charity organizations.
Marketing
You need to develop an effective advertising campaign.
Try to work within a budget, use word of mouth and referrals.
Advertise in newspaper, magazines or computer journals or
other publications. Other method includes creating a newsletter, get recommendations
and try public speaking. Don’t forget to build a website or blog for your
business
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