How to Make Money with a Consulting Business

What is a consultant? He or she provides professional advice in a certain area of expertise.

Examples of consulting business include wedding consulting, computer and IT consulting, business management, image and fashion consultants, financial consultants, marketing consultants, coaches and more.

Find a consulting niche that you enjoy an in which you are skilled and go to work promoting yourself. Often, when you first start out, it can be challenging to establish your credibility.

Start a Computer Consulting Business

If you are experienced using computers and other technology, there is a large customer base waiting for you to help them. However, running a business is very different than offering consulting services as an employee. You want to learn the basics of running a business prior to getting started on your own.

Many consultants work as independent contractors, so setting up a business is not extremely complicated, but you still need to be aware of how to handle tax payments, how to price your services and invoice customers and how to find those customers in the first place.

Peter Meyer is a well-known expert in computer consulting and frequently writes to educate others in this field. He has some excellent information you’ll find easy to follow. Get his guide here: Start a Computer Consulting Business

Become a Management Consultant

Do you like solving problems? If you possess some creativity and enjoy working with people, management consulting may offer you a wonderful career.

Contrary to popular belief, you do NOT need a business degree to become a management consultant. And you have lots of career specialty options when it comes to management consulting – communications, ebusiness, operations, marketing, technology, human resources, strategic planning.

If you don’t have one already, start by obtaining a 4-year degree in a related field. To increase your marketability, you want to become a Certified Management Consultant through the Institute of Management Consultants. (USA)

Writing Business Proposals:

You don’t want to just explain your service, but you are also making a presentation of your business to potential clients – don’t miss this opportunity to make an outstanding impression that can win you jobs. The goal is to have clear and concise writing and look professional at the same time.

To clearly communicate your ideas without leaving out important information, your business proposal format should include Who, What, Where, When and Why. You can read more here.

Financial Consulting Business

As investment strategies, tax planning, real estate and even saving money becomes more complex, financial consultants are needed more than ever.

If you can save a person money – or help them earn money passively, that’s a great asset to have. If you enjoy working with numbers and thinking creatively, you can do well in this field.

Become an Image Consultant

On top of working one-on-one with clients, image consultants can make money presenting workshops and seminars covering topics like wardrobe makeovers or image enhancement.

Choose a niche market that really interests you. There are also a variety of specialties in this market, like Makeup Analysis, Appearance Management, Fashion Consulting, Fashion Styling, Image Management, Makeover Consulting, Perception Management, Personal Branding, Visual Branding and Wardrobe Consulting.

Also see: How to Become an Image Consultant

Start a Wedding Consulting Business

People spend a lot of time and money on planning their weddings. There are many ways you can make money in this field simply because there are so many tasks and items that people need help with. As a wedding planner, (also known as a bridal consultant, wedding consultant or wedding coordinator), you’ll have your work cut out for you, but you’ll also have a lot of fun doing it.

Wedding planning can be very rewarding work as well. Besides helping a couple with their most memorable event, you’ll have the family, the guests and other vendors who are all benefitting from your efforts. If you enjoy being around people, planning, organizing, and you have a creative flair, you could be the perfect wedding planner.

Turn Your Consulting into an Online Teaching Business…

Elearning is growing in popularity as a way for young children, college students and even business employees to learn new materials. Because this learning method is low cost an convenient, it is likely to grow even more in the future.

Danielle Babb and Jim Mirabella have taught a combined 120 classes on the web. They have developed a guide, “Make Money Teaching Online” to help others do what they do. This is an elearning business book which shows you how to run your online learning business as a consultant. It also includes tips on how to work with universities.

See also: Good Home-Based Business Ideas for Teachers

Become a Life Coach

Industry Expert Bradley Thompson says that anyone can become a Life Coach. The problem is that most people never even get around to starting their life coaching business.

If you are a “people person” who has the ability to connect with and motivate people, life coaching could be the ideal field for you – and it doesn’t require extensive training.

Get the Life Coaching Course from the Advanced Life Coaching Institute

20-year veteran Life Coach Bradley Thompson and owner of the Advanced Life Coaching Institute has developed an online course that can get you from novice to professional life coach in under a month.

Course comes complete with scripts you can use, client techniques you must know and actual products you can give to your customers to help motivate them.

For more new business ideas for small and home-based companies, visit The New Business Idea. You can also get over 200 business start-up guides and download the Home Business Start-Up Checklist free from www.HomeBusinessCenter.com.