I need a business plan to set up a consultancy business. How should I get started?
I am looking for information on how to start putting together a plan.
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Aug 5, 2014
It need lot of time to explain in short give me all input and i will give you complete plan ,and believe me you get positive result
Feb 13, 2014
Juna
(1) hit the streets .... network and evaluate the business and competitive environment.
(2) attend Chamber of Commerce "networkings"
(3) do the "due diligence analyses": industry, market, environment --- as well as your "creditworthiness" to pursue different funding sources
Elaine
Feb 10, 2014
Business plan? http://www.startupbusinessloans.com/research/create-a-winning-business-plan-get-that-start-up-loan-quickly/
Really make a business plan? Sit down and gather your thoughts. How would you start a consultancy business if you don't know where to begin?
Meditate. Think. Write down your thoughts. Ask yourself important questions and answer them. That's a good start at least.
Details? The more detailed your questions the more detailed answers you will get.
Feb 9, 2014
Many new start ups fail because they don't have a robust business plan: good to see you want to start there.
To help people just like you, after you have the fundamentals sorted out, is exactly what this course was designed for and will get you fully engaged in the "online" brand marketing and lead generation space. check it out at http://brands-marketing-and-business-plans-on-becoming-a-consultant.com/
Feb 9, 2014
First thing you do is research your market and decide whether your business is commercially viable, ie will you have customers and will you know their needs
Next, check whether you have or can hire the skill sets to service your customers needs (technical viability)
Thirdly, you need to figure out your revenues and costs and see whether you will be making a profit (financial viability) and what your funding needs are
Lastly, you need to figure out whether you or your employees will have the management skills needed to run the company successfully
Then slap it all together into a coherent document with supporting appendices that include 3 to 5 year financial projections.
Business planning is quite simple but requires attention to detail that takes a lot of time.
If you need more, message me privately for a discussion
Feb 6, 2014
There's some very good advice on here, already. I won't repeat it.
But I haven't seen anything about the Core of your Business - Are you already, or are you hoping to become, a Consultant ? And in what Field/Business Sector ?
I ask this because several people start up Businesses which they believe will be popular, but are not sufficiently experienced themselves and expect to outsource work. That's far to dangerous.
On the other hand, already being a Consultant can narrow your focus, and that, too, is dangerous.
I recommend careful discussions with people in the Business Sector who are Consultants, and also your potential Client Base. That should give you a better idea of how to target your Business Plan, by being Informed before you start the process.
Good Luck.
Feb 6, 2014
Juna... come on... that's it? That's your question? No other details?
Just about everyone who has answered your Q shares a tremendous amount of information about their background in the MHub profile...
Secondly, you're asking hard working and experienced people to share not just their advice but their time...
and You? Nothing. You haven't completed your profile nor have you given any kind of background to your question. What's up with that?
A general question will solicit a general answer... If you want specific answers so that you can achieve specific results... your going to have to give more info.
"I need help hiring a consultant for my business. How should I get started?"
Who can honestly asked that question? What kind of business. Start up? Established? Mature? Exiting? Franchising? Licensing? US? Canadian? EU? Revenues? Debt? Investors? Staff? Culture? Values?
...imagine I went to a restaurant and the server said, "what can I get you?" A: "It doesn't matter, I just want to be full."
Just saying... :)
Feb 6, 2014
Before investing the time in creating the business plan, followed by a website, business cards, etc. have you considered validating the business?
Try to obtain 1-2 paying clients, from there you can build your plan and know exactly where you are going.
Unless you are applying for grants, or a loan it is unlikely that you will need a business plan to get started.
Feb 6, 2014
I always suggest you read 8 to 10 business plan outlines from different sources (Table of Contents). This does not take long. It gets your head used to seeing: Description, Ownership, Goals, Customer Profile, etc.
Then read 2 or 3 fully written plans - each from different authors. Then sit down and make your own table of contents and start to write.
They take time. If you have trouble making progress, set aside blocks of 2, 4, 6, 8 hours of time on your calendar - you are making apptmts with yourself.
Good Luck
Charlene
www.PlansAndProfits.com
www.BusinessPlanWritingClass.com
Feb 6, 2014
One of the best templates I have used successfuly with hundreds of leaders who put together their first business plan is available on the internet. The Small Bussiness Association (SBA) has a very detailed model you can follow that will facilitate deep thinking on what you should be analyzing before you start a business. It is generic from the standpoint that it can apply to any business.
It may be more than you need, but I suggest you take a look at it as a road map.