• Consultants
    How to choose the perfect consultancy firm for your business

    Your business has started and is now poised to spread to other areas. Now there’s a need for your business to have director to guarantee success.

    For this, you’d need the help of a professional who gets what your vision is. Also, they should be able to guide you to reach new heights in business and getting clientele.

    The design of a consultancy service is to guide you in growing your business. You can start with basic research of what makes these consultancy firms so valuable. You can list their qualities and your business requirements for clarity. Once you’ve reached a basic understanding of what you need, you can settle for a consultant.

    Here are three important elements you need to look for when hiring a consultancy firm:

    Value Addition
    Your chosen consultancy firm should add value to your business. You should see that they are experts in what they do and understand your vision. If the blueprint of your business matches their professionalism, your success is assured.

    To understand if they add any value to your business, you can see if the human capital is giving their best output. You can also estimate a growing revenue pattern from their connections.

    A consultancy firm should have solutions for your business problems. They should also ensure that you don’t face a similar problem in the future. This way, you can be sure that your business will be in safe hands, especially if they add value.

    Experience
    A consultancy firm can add value to your business only if they understand the market. For this, they’d need to have years of experience and goodwill.

    You need to check their status in the market and whether they have a good reputation. Make sure to see that other businesses trust them and they provide top services. If so, you can hire them.

    Delivery
    Promises and market reputation are provable if the consultancy firm can deliver. Their performance should be equivalent or more to the investment that you’re making.

    Judging the true value of a consultancy firm is possible only when they deliver. So, check for their consistency and their ability to perform.

    More than anything, your business should grow.

    These criteria are not set in stone and you can learn a lot by researching on your own. You need to remember that a consultancy firm is and should be professional. They should have specialization in your industry and should perform as required.

    In short, they should be able to give you back what you’re investing in them. That’s the bare minimum of what they should be doing for you.

  • Consultants
    Everything you need to know about getting a consultant

    Do you find yourself at a loss when you’re buying something? Are you lost when trying to startup your own business – freelance or full-time? Well, what you may need is a consultant.

    Why do you need a consultant?
    Well, for starters, they know what they are talking about. They don’t advertise for the sake of advertising and most importantly—they have knowledge, experience and the license to give you relevant information.
    Consultancy isn’t limited to products or buying things. You can get a consultant if you’re not sure how to pay your taxes on time. If are looking for a way to not pay taxes or avoid them and need someone to guide you, a tax consultant may be of help to you.
    There are consultants in every field imaginable. There’s endless options for you.
    If you’re planning to startup your brand new business idea, a consultant can guide you about what to watch out for. Hiring one can save lots of time, money and energy.

    How to spot a bad consultant
    Depending on who you approach, after verifying their credentials and work, you’ll need to trust your gut. But more importantly, everyone is human and prone to making errors. So how do you make sure you get someone you can trust who will help you implement your idea or get the right thing done?.

    Here are a few warning signs-
    “Implementation is seamless,easy and foolproofâ€� – If a consultant ever says this to you – watch out. It’s never easy. Good ideas and implementations take time and effort. If they’re easygoing and casual, you’re better off finding someone else.
    “I know everything about thisâ€� – Nobody is a know-it-all no matter how much they know. Times change, the industry evolves, the world grows. The best consultants think just like you do, on the same wavelength and are collaborative.
    “I think your people cannot handle thisâ€�- Motive. A good way to spot this. Such consultants typically are aiming for a long term employment from you. Good consultants never look at it long term or short term. They are with you the whole way till the very end. Great consultants help your employees receive the right training and don’t downplay your team.
    “You can do it yourself but I don’t advise itâ€� – Great consultants will never tell you to scrimp on money. They know how the startup processes can be disruptive and how situations can become uncomfortable. They look at things realistically. Businesses grow and fall. There are always highs and lows. They don’t do wishful thinking.
    “This is exactly what your employees needâ€� – Where businesses are concerned, your needs, the company’s needs and your employees’ needs are separate issues. A good consultant will put forth the company’s needs over everyone else’s needs.

    Consultants aren’t just people who drop in, give advice and leave. They’re people that need to ensure that your business grows, whether or not you stay with them as a long term client. That’s the mark of a good consultant. Look around and shortlist a few and see who you like among them. They need to be able to work with your team as well. That’s what makes them professional and that’s what sets them apart from all the other consultants that you may approach.

  • Consultants
    What you should know about consulting

    Do you want to know how to become a consultant? There’s a world of opportunity and experience to be gained in the consulting industry. If you’re talented in a specific field, then this is something that you should definitely take a look at. Here are some tips to ensure that you make your way into the industry.

    Entering the consulting industry
    Consulting can be a vague term for many. In its simplest definition, a consultant provides expert advice for individuals and companies.

    Now on to the next part, how do you become a professional consultant?

    Well, for starters, if you don’t have any idea, start with the idea. Every consultant has a niche they are experienced at. Whether it’s computers, technology, health, fitness or finance, make sure you know the field you want to be a consultant for.
    The most sure-fire way of getting started is by gaining knowledge, experience and expertise in the field.
    How can you give advice to someone if you don’t know what you are talking about?

    Getting Officially Started
    So you’ve got your niche in place, you’ve researched how the industry works, how the market trends are, what’s hot and not hot. You’ve decided to start your consulting services from the comfort of your home in the event of lack of office space. You’re off to a good start. Now it’s time to get your feet wet.
    Getting Licensed – That’s right. Depending on your niche, you may need to get licensed by the state or a higher authority to operate your consulting business legally. This can be from your home or in an office space. This mainly depends on the kind of consulting that you’ll be giving. Some fields don’t need you to get a license to get started.
    Getting Known- You can’t offer your services if people don’t know you. Blogs, social networking websites, media hosting websites – these are places where you can get your business running. You can also build your online network that way.
    Getting Co-Workers – You can run a one-man army for a while. But as your business grows, you might need some help when you can’t handle everything on your own. Hiring employees is a smart move.
    Getting Advertised – The Internet is a great tool. But for the common man, you need to go the extra mile and advertise on flyers, bill boards and so on. An advertising agency can help here.
    Outsourcing Projects – When your business starts growing beyond your expectations, you’re going to find yourself needing some help. Outsourcing work can be a great way to get work done at lower costs.
    Seeing The Bigger Picture And Goal Setting- Good businesses can fail due to poor planning, resource management and lack of clarity in their goal setting. Think about your short term goals, what you need to achieve immediately, and where you want your business to be a few years from now. Be specific and keep tabs on it.

    Consulting is great career prospect if you know what you’re doing. Ensure that you have all the details that you need before you start your venture.

  • Consultants
    Why you need a consultant

    Consulting is a large industry. From accounting, finance, technology, cloud computing, enterprise resource management and more, there’s a lot of competition in the industry. When running a business, sometimes you may be too close to the problem to see the bigger picture and make decisions that matter.

    This can be improving your company’s performance or keeping tabs on how audit management is done, or whether you just need someone to guide you to make sound decisions. This can be financial, mental, and for the betterment of the company.

    Consultants don’t just give advice, they’re versed in their field of expertise and know the pipeline of the industry inside and out. But choosing the right consultant is where it can get tricky. You don’t just hire them for advice. You hire them to be game changers of current and future scenarios. They analyse the problem, recommend solutions and even help you implement them to see gains and improve efficiency.

    How To Choose Your Consultant
    Hiring a consultant can be a huge decision depending on your needs. In most cases, bad consulting experiences occur with people who don’t know what they need. There are four kinds of consultants:
    1. Specialist – These consultants are world class specialists in their fields. They’re great if you lack the right people to tackle the problem you have. They can also be pretty expensive for the services that they provide.
    2. Vendor – These consultants are responsible for adequate and consistent performance. They’re not as expensive as specialists, with some even charging very nominal fees.
    3. Game-changers – If you’re looking for a solution to a problem that you can’t tackle and need some unique help, that’s what the game-changers are for. A game-changer consultant might just have what you need.
    4. Total solution provider – All in one. Mostly big companies like IBM and Accenture use this kind of consulting service.

    We’ve talked about the types of consultants but we still haven’t gotten to the root of the problem . How do you choose your consultant?

    Before hiring a consultant, start with the principal choice, whether or not you actually need one.
    Is your company running fine? Which area needs work? Is it finance, technology, IT security, HR or something else? Can you fix the problem with your current management and resources? Does that solution work?

    The second part of the decision making process – what sort of decisions can you and your team make? Do you have enough time to manage your own work along with the problem at hand?

    If you’ve answered yes to these, you don’t need one. If no, you need to hire a consultant.

    Remember, consultants don’t just advise and implement your plans, they’re also responsible for changing the efficiency of your workflow and might even do a total overhaul of the system or workflow model to better suit efficiency.