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1.Outsource it to another consulting firm.It is absolutely acceptable to do so.The only disadvantage is that your share of profit will suffer. 2.There are a lot of softwares that can help you to execute the consulting assignment.For example,if you secure a marketing strategy project,business insight software should be your companion.

As a starter,you don't need to rent an office.You can operate from your residence.You can acquire consulting knowledge by reading a lot of consulting books e.g fabjob guide to become a business consultant. If you secure a consulting assignment and you do not know how to execute the project,you have two options:

Network with like-minded people,send out proposals to businesses you think will require your services through emails and direct mail.You can get their addresses from the yellow pages.You can also market your services on social forum e.g facebook and nairaland.

You could liase with a friend or relative who possesses one and include him as a business partner,for the purpose of registration.Print business cards,set up a separate bank a/c(optional),purchase a laptop if you don't have one,market your services in a professional manner using a website and words of mouth,let your friends and relatives be aware that you are now a consultant.

Starting a business consulting firm is much like starting any small business.All you need to do is to first determine what problem solving skills you have to offer,which businesses are willing to pay for,register a business name with CAC.Here you will require a Masters Degree or a recognised professional qualification e.g ACA.But you don't need to worry about that.

Business Consultants help businesses to identify and solve problems.A major advantage of hiring business consultants is that they view business situations from an unbiased perspective.Possession of a Bachelors or Masters Degree is not mandatory.Anyone can become a consultant provided you have the knowledge and experience in your area of expertise,the ability to be organized,great networking skills and basic computer knowledge.

You can decide to specialize in any of the following:Marketing Consulting,Business Development Consulting,Strategic Planning Consulting,Small Business Consulting or in any other aspects businesses may require advice. Business Consulting is concerned with giving professional advice to businesses in a particular subject area.

Business Consulting also known as Management Consulting is one of the easiest businesses to start.It is a very lucrative business which does not require much start-up capital and provides employment opportunities,especially during periods of economic recession.There are many areas of business consulting.

22 Feb 2012

Besides the lady's case,it is not wise to jointly own assets or investments with one's spouse or any other party without proper legal documentation.

Who are your competitors? What threats do they pose to your business?Why do customers patronize them? Is it price, value, service, convenience,quality or reputation?What are their strenths and weaknesses? How are your competitors likely to respond to the way you operate?What is their customer retention level? How effective is their advertising?

Business Tools

Aluta Continua Justa Acosta Victoria Acerta meaning: When struggle continues for a just cause,victory is sure/certain.

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Business Tools is a firm of professional business and marketing plan writers committed to transforming your business ideas into realities.For enquiries,please call 07030949450

What is the size of the market?What growth potential is available?And where do you fit in?How will the market or customers change when you enter the market?What external factors will affect your customers?What significant event has occured in the market recently?Are there any barriers to entry?Is the market regulated?

What obstacles do you face?

Do you have a disaster recovery plan?

He could be experiencing anxiety.This is not the first exam he will be writing.Make him understand that his final exams is no different from the others,after which he should forget about the exam and relax for about a week.3 months is enough time to prepare for a degree exam.Ask him to avoid taking any drink other than water and soft drinks.

Do you have to rely on third parties for critical steps in your business development process that could possibly derail your delivery schedule.

Don't tell me that philosophy does not add value to organisations or people's lives.Besides,there is no known rule preventing a graduate from delving into business in areas outside his/her discipline.I was only trying to emphasize that one can setup a business around one's passion,interests,skills,experience if one cannot identify business opportunities in the environment.

Search your environment.There is always an unmet need,a gap.a product(goods or services) that is not available that you can provide or a problem you can solve which individuals,families,communities,businesses are willing to pay for.It is not your money or level of education that makes you an entrepreneur,but your ability to spot or identify business opportunities.

One of the fundamental and most important concepts in Economics is that human wants/needs/desires are limitless or boundless but the resources with which to satisfy them are limited or scarce.What we can deduce from this statement is that there are countless number of opportunities out there waiting for You and I to design a product to satisfy.

Are your key staff satisfied in their work?Could they be enticed by your competitors?

Is there an entity who may not be a competitor today which could possibly become one in the near future?

Is there a better equipped competitor in the market in terms of funding,talent,experience etc?

What opportunities are available to improve productivity or growth?

If you package your goods/services differently,will clients or customers be willing to pay more for it?

Business Tools is a firm of professional business and marketing plan writers commited to transforming your business ideas into realities.We are the leading business and marketing plan writing firm in Nigeria.For enquiries,please call 07030949450.

Are there emerging trends that you might profitably service?