10 Types of Small Business Consulting Firms You Can Start Today

Starting a consulting business can be a great way to turn your expertise into income, and take back control over your hours and days.

As a consultant, you act as an adviser, providing value through your specialised skills and knowledge to businesses and organisations.

Consulting is appealing because you can often start out as a solopreneur and scale your business over time. 

Additionally, there isn’t a lot of overhead needed to get up and running.

As long as you have the knowledge that clients need, you can launch a consultancy with  next to no funds.

If you’re considering starting a consultancy, here are 10 types of consulting businesses you may want to consider:

IT Consulting 

Provide advice to organisations on their technology strategy, systems, network set up, cybersecurity and more.

Management Consulting

Offer clients guidance on strategy, operations, organisational change management, logistics and leadership best practices.

HR Consulting 

Help companies optimise their people operations including talent acquisition, onboarding and training programs, compensation planning and improving employee retention.

Marketing Consulting 

Support clients in areas like branding, content marketing, SEO, email campaigns, social media marketing and interpreting marketing analytics.

Financial Consulting 

Offer financial expertise such as budgeting and financial planning, setting up accounting or payroll systems, carrying out audits, creating financial models and more.

Business Consulting

Provide guidance to small business owners and entrepreneurs on starting, running or growing a business.

Career & Executive Coaching

Work one-on-one with clients to empower their professional development through improving skills, navigating career changes, leadership development and more.

Sustainability Consulting 

Help companies implement sustainability best practices including reducing their carbon footprint, managing waste, energy efficiency and conservation initiatives.

Diversity & Inclusion Consulting

Provide guidance to companies on diversity hiring practices, inclusivity training programs, building equitable and awareness-focused workplace cultures and policies.

Data Analytics Consulting

Offer clients your expertise on collecting, organising, studying, sharing and interpreting data to generate business insights and drive strategic decisions grounded in metrics vs assumptions.

The lower barrier to entry makes starting a small consultancy attractive for those with subject-matter expertise.

Determine what type of advisory services clients are willing to pay for, then start showcasing your insight. With some marketing chops and consulting chops, you can build a thriving solo consultancy.

Once you’re up and running, we can help you better manage your money and help your business succeed. Visit parpera.com to sign up for your free account today.

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Published on the
January 23, 2024

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