This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/02/20/how-to-start-a-consulting-business/
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by Katie Lundin of crowdspring
Navigating the transition between a salaried employee and running your own consulting business can be tricky.
If you’re ready to take the leap, we’re here to share 4 of the 10 steps you’ll need to know to get started. And if you like what you read here, be sure to read the complete 10 step guide on how to start a consulting business.
1. Choose Your Niche.
One of the keys to success as a consultant is identifying and embracing your niche.
Businesses will spend their hard-earned money to pay you for smart, actionable advice. And, they want some degree of assurance that they’re going to get their money’s worth.
Knowing that you’re an expert in their issue will boost their confidence in your ability to get the job done.
Dana Anspach, certified financial planner, consultant, and retirement expert, explains:
Don’t try to offer something to everyone. You will be a far more successful consultant by applying your expertise to a niche market that needs what you have to offer. In this way, you can tailor your services, so they add value to a specific group of people or businesses.
You may find that your niche reveals itself easily. It may be the area in which you have the most expertise in your field. Or, it may be the niche that you find most fun and exciting.
For example, in our guide on how to start a successful clothing brand or clothing line, we take entrepreneurs through the steps of starting a new clothing brand or line. But if you already have lots of experience in the apparel industry, maybe you’d be happier and more successful as a consultant, helping many other businesses to get started.
If you’re struggling to identify what your niche might be… Read More
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