Wednesday, May 5, 2010

How to Start a Consulting Business

A consultant's job is to consult. Nothing more, nothing less. It's that simple. There's no magic formula or secret that makes one consultant more successful than another one.
But what separates a good consultant from a bad consultant is a passion and drive for excellence. And--oh yes--a good consultant should be knowledgeable about the subject he or she is consulting in. That does make a difference.
You see, in this day and age, anyone can be a consultant. All you need to discover is what your particular gift is. For example, are you very comfortable working around computers? Do you keep up with the latest software and hardware information, which seems to be changing almost daily? And are you able to take that knowledge you have gained and turn it into a resource that someone would be willing to pay money for? Then you would have no trouble working as a computer consultant.

According to a recent survey, here are the top 10 reasons organizations hire consultants:

A consultant may be hired because of his or her expertise,  a consultant may be hired to bring new life to an organizationor, a consultant may be hired to provide much-needed objectivity, a consultant may be hired to create a new business, etc.

BENEFITS: There are many advantages to having a home office. Among them are:


Low overhead expenses. You don't have to worry about paying rent or utilities for an office; you will appreciate this feature until you establish a regular client base.

Flexibility. There is little doubt that operating as a consultant at home gives you a great deal of flexibility. You can set your own hours and take time off as you need it.

No rush-hour nightmares. For anyone who has had to commute to and from a job during rush hour, this will be a welcome change of pace.

Your home office space will most likely be tax-deductible. The IRS has relaxed the rules for people who work at home, but check with your account or income tax preparer to see if you qualify for this deduction.

So, there are many reasons for a consulting job, you just need to know what your calling and passion is. The sky is the limit.

Credits: THE ENTREPRENEUR
Taken from article published by: smallbizbooks.com

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