Business Consultancy Business Ideas
As a business consultant you’ll need to advise companies in your area of expertise. You can start a consulting business on everything from leadership to stress management. Here are 10 business consultancy business ideas:
81. Leadership/Team Building Consultant
Businesses want their employees to perform and work together efficiently. However, some businesses have policies that reduce productivity, which is where you come in.
How to start this business idea
You can approach management to give them the necessary training and skills to inspire those that work with problem-solving, decision-making, building trust and rapport and creating a supportive work environment.
How to keep this business idea successful
Once you’ve established a sustainable number of customers you can hire more trainers and increase the amount of clients and your revenue.
82. Advertising Consulting
Advertising is vital to any growing business, this is why different brands need to successfully promote their business to the masses.
How to start this business idea
To be successful at advertising consulting you’ll need branding experience, a creative mind and advanced interpersonal skills.
How to keep this business idea successful
You could potentially gain experience in marketing, as this will give you an advantage over your competition. Marketing experts help to guide businesses in developing effective advertising strategies, which will be an added service you could offer your clients.
83. Marketing Consultant
Turn your marketing knowledge into a business by becoming a marketing consultant to numerous businesses.
How to start this business idea
You can approach smaller businesses that don’t have a dedicated marketing team and offer your services. You’ll assess the current strategies of the business and make recommendations on how they can increase results with a more effective message or method.
How to keep this business idea successful
Offer your skills to numerous businesses until you have enough money to expand, then hire staff to continue to grow your budding consulting firm.
84. Business Management Consultant
A business management consultant offers strategic, unbiased and objective advisory services, which assist a company in improving productivity and performance.
How to start this business idea
Once you’ve landed a meeting with clients, you’ll need to research and analyse their data. When you have a good idea of how their business operates you can present them with recommendations to improve their business and create a programme for them to implement your advice.
How to keep this business idea successful
Once you’ve had success with a few businesses you can use them as show cases to land new customers and continue to grow your business.
85. Efficiency Consultant
Time is money, which means every business wants to be as efficient and organised as possible, you can offer your services to help them optimise their systems and processes.
How to start this business idea
Once you land clients, you’ll need to find ways to improve their effectiveness and efficiency. You can look into available resources and how well they’re being used, how the business is structured, and how to best maximise the skills and experience of the staff.
How to keep this business idea successful
You’ll need to keep up with the latest organisational and efficiency techniques, as well as what others are doing in multiple industries, so you can offer informed advice.
86. Environmental Consultant
There is a large movement for corporates to reduce, reuse and recycle what they can. Some businesses are hiring environmental consultants to reduce their impact on the environment.
How to start this business idea
Approach smaller business who won’t have someone dedicated to this position. You can advise them on new ways they can conserve and recycle.
How to keep this business idea successful
This type of business has large potential in domestic and industrial fields. You can approach bigger business to find out if they have any environmental strategies in place.
87. Financial and Retirement Consulting
Many people don’t start saving for retirement until it’s too late. A financial and retirement consultant will help staff to invest wisely so that they can retire comfortably.
How to start this business idea
You can approach smaller businesses who won’t have a company retirement scheme and offer to help their staff to set-up a secure, equitable and sustainable retirement fund.
How to keep this business idea successful
There are many retirement services that you could offer as your business becomes more profitable you can introduce new services.
88. Risk Management Consulting
As a risk management consultant, you’ll advise organisations on any potential or existing risks to profitability of the business.
How to start this business idea
You’ll offer to identify and assess threats to your clients, then create plans and put measures in place for them in case something goes wrong. You’ll work with them to decide how to avoid, reduce and transfer the risk.
How to keep this business idea successful
You’ll need to stay plugged-in to both the local and world economies to ensure none of your clients are blindsided by something unexpected that causes damage to their business.
89. Stress Management Consulting
Managing stress is important for many companies who need their staff to keep performing at their peaks. You can offer a stress management consultancy to help staff to reduce their stress and remain productive.
How to start this business idea
Familiarise yourself with all types of stress and all types of stress relief. Each staff member will have a unique situation and you’ll need to prescribe activities and processes that reduce their individual stress.
How to keep this business idea successful
You can also branch into personal stress management and help customers in their personal capacity or offer your services to private individuals.
90. Virtual Human Resources Consultant
Not every business can afford to have a staff member dedicated to human resources. This is where a virtual human resources consultant comes in.
How to start this business idea
You can offer to handle the human resources process for business from your home. You’ll write employee handbooks, handle personnel forms, and setup and administer pension plans.
How to keep this business idea successful
The more business you take on the more profitable your consultancy becomes. You can even hire administrative staff to keep everything organised, while you do the speciality work.