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Consulting Firm Business Plan Template

Written by Dave Lavinsky

Business Plan Outline

  • Consulting Firm Business Plan Home
  • 1. Executive Summary
  • 2. Company Overview
  • 3. Industry Analysis
  • 4. Customer Analysis
  • 5. Competitive Analysis
  • 6. Marketing Plan
  • 7. Operations Plan
  • 8. Management Team
  • 9. Financial Plan

Start Your Consulting Firm Plan Here

Consulting Business Plan

If you need a business plan for your consulting business, you’ve come to the right place. Our consulting business plan template below has been used by countless entrepreneurs and business owners to create business plans to start or grow their consulting businesses.

Important note: If you are looking for a business plan consultant , specifically, a consultant to help you write your business plan, we recommend Growthink who offers a business plan consultation service here.

Sample Consultant Business Plan & Template

Below are links to each section of your consulting business plan template:

  • Executive Summary
  • Company Overview
  • Industry Analysis
  • Customer Analysis
  • Competitive Analysis
  • Marketing Plan
  • Operations Plan
  • Management Team
  • Financial Plan

Next Section: Executive Summary >

Consulting Business Plan FAQs

What is a consulting business plan.

A consulting business plan is a plan to start and/or grow your consulting firm. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan, and details your financial projections.

You can  easily complete your consulting firm business plan using our Consulting Firm Business Plan Template here .

What Are the Main Types of Consulting Firms?

There are many types of consulting firms. Most consultant companies are in business concentrations such as Management, Strategy, Operations, IT, Human Resources, Financial Advisory, and Marketing/Sales. There are also firms that are singularly focused such as those that offer business plan consulting.

What Are the Main Sources of Revenue and Expenses for a Consulting Business?

The primary source of revenue for consulting firms are fees paid by the client. The client will either sign a contract or agreement of the services it will choose and the pricing for those services beforehand.

The key expenses for a consulting business are the cost of leasing the office, employee cost, marketing/advertising costs, and any office technology or software.

How Do You Get Funding for Your Consulting Business?

Consulting businesses are most likely to receive funding from banks. Typically you will find a local bank and present your consulting business plan to them. Angel investors and other types of capital-raising such as crowdfunding are other common funding sources.

What are the Steps To Start a Consulting Business?

Starting a consulting business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Consulting Business Plan - The first step in starting a business is to create a detailed consulting business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your consulting business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your consulting business is in compliance with local laws.

3. Register Your Consulting Business - Once you have chosen a legal structure, the next step is to register your consulting business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your consulting business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary Consulting Equipment & Supplies - In order to start your consulting business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your consulting business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful consulting business:

  • How to Start a Consulting Business

Where Can I Get a Consulting Business Plan PDF?

You can download our free consulting business plan template PDF here . This is a sample consulting business plan template you can use in PDF format.

How to write a consulting business plan

If you want to work as a consultant, you'll need a plan. Here's how to create one just for you.

A consulting business plan written up in a notebook

Consultants do things differently

If you’re a self-employed consultant your work isn't like other forms of business. Unlike retailers or manufacturers, you're not making and/or selling tangible products. And unlike service companies, you're not employing a team of people to provide solutions.

Remember you’re not not just selling your time. As a consultant, you will be paid for the skills, knowledge and abilities you've developed over your career.

We have some useful background reading about the benefits of becoming a consultant or contractor , which will help explain how such businesses work. But having decided to become a consultant, what's the next step?

Like all new small businesses, you'll need a plan. That plan will have to cover funding, growth, pay rates, expenses, marketing, equipment costs, training and qualifications. It will also have to cover your goals, and the strategy you'll use to reach them.

Consulting business plans are a little different to other business plans. Here's what you need to know to get your consulting career off the ground.

Who are you writing the plan for?

This is an important question to ask yourself before you start. For most conventional businesses the answer will be "For the bank and investors." That's because small businesses usually need startup funding to get off the ground.

But consultants setting up their own business might not need much funding – if any. It's still important to have a business plan though – not only to clarify the details in your own mind, but also to help you understand the potential risks and rewards.

A good business plan will combine elements of both finance and strategy, but the contents will vary depending on the target audience. We'll take a look at the options next.

A business plan for banks and investors

You may not need funding for capital equipment expenses or office rent. But you might need a loan to tide you over for the first few months, until you have a regular cash flow. The initial period for any new business can be a tough time – money worries will just make it tougher.

You may also decide that you want to make more of an impression by hiring office space, perhaps in a shared office environment. Or you might want funds to spend on marketing and advertising, particularly if you're offering consulting services in a competitive market.

For all of this, you'll need money. You could apply for a bank loan, look for grants, or try other forms of capital-raising such as crowdfunding. Whichever method you choose, any potential investors will want to see the important numbers. That means you'll need to cover the following points in your business plan:

  • target market and sector analysis
  • business objectives and USP (unique selling proposition)
  • startup expenses and assets, including equipment
  • overheads and fixed costs
  • marketing strategy and budget
  • funding requirements, loan collateral and cost of interest
  • pay rates, revenue and cash flow projections
  • sales forecasts in monthly intervals
  • ongoing expenses
  • growth projections and strategy

Some of this information will be difficult for you to estimate. It might be even harder for you to present clearly. Use your accounting software to help with figures and to produce professional tables and charts. Then, an accountant can help you include the right information in your plan.

A business plan for you

Of course, you might not need any funding. Perhaps you have enough savings to keep you going for a few months and clients already lined up. Or you may be starting your consulting career after an inheritance or unexpected windfall.

If money isn't an immediate concern, you can afford to be less formal when drafting your plan. That means making sensible predictions and setting goals for yourself, not just financial targets – though you should include those too.

This isn't an exercise in creative writing. The purpose of creating a plan is to help you concentrate on what you want to achieve. Some points to consider include:

Reasons for being a consultant

Why are you doing this? It's important to answer honestly. If the answer is “to make more money” or “because I'm good at what I do” then write that down. Write down all the reasons you can think of, then read them back. Do they sound convincing? Make sure you know your true motivation, as it will help you focus on your goals.

Consulting can mean you have an irregular income. Sometimes you might be busy, other times less so. It makes sense to keep some money in savings accounts, especially if you'll be paying tax at the end of the year instead of while you're earning.

Relationship risks

Think about the impact of consulting on your family or friends. Consultants often work irregular hours, sometimes from home, and they might be working at weekends. That can put a strain on relationships. Be realistic about this and set boundaries around when and where you will work.

Which clients to avoid and which to take on

You will already have an idea of the types of client you don't want to work for, because you know the industry you work in. For example, known late-payers can damage your cash flow so it's sensible to avoid them where possible. Look for clients who are reliable, as they’ll help make your business a success. Know that you can let go of clients who are more trouble than they're worth.

Training and certification

In many industries, especially IT, it's important to keep your skills up to date. But your clients are unlikely to pay for you to go on training courses – that's an expense you'll have to cover yourself. How will you stay up to date? Think about industry magazines, websites, forums, news feeds, conferences, courses, distance learning, peer groups and self-teaching strategies.

Personal goals

Perhaps you're planning to be a consultant for the rest of your working life. Maybe you want to do it for a couple of years and then move back in-house as an employee. Or you might want to start employing other consultants at some stage and build up an agency – maybe even sell it. It doesn't matter what your personal goals are, as long as you have some. Write them down and bear them in mind when making big decisions.

What to do with your profits

This is a good opportunity to think about how much money you want to make . Consider how much you will charge and what you will do with your commission. For example you may decide to use 50% to cover costs, pay yourself with 30% and put 20% back into your business.

Some of this information would be inappropriate to include in a financial business plan for banks or investors. But it can be very helpful in guiding you through the early part of your consulting career.

Five top tips for writing a good consulting business plan

Business plans can be difficult documents to write. If you've never done it before, thinking clearly and logically about your business strategy may not be easy. Here are some tips to help you succeed:

1. Write the first draft

Don't worry about grammar, structure or neatness. Just get the thoughts out of your head and onto the paper or screen. Some people find this easier to do in an informal setting, such as a library or café.

2. Do your research

Understand the market you're going to be working in. Get to know all the details, as it'll help you write a more effective consulting business plan.

3. Identify your USP

That's your unique selling proposition. Why should companies hire you and not one of your competitors? Think carefully about what you're particularly good at, then use that as a basis for marketing yourself.

4. Get feedback

Talk to your peers, friends, previous business associates and potential customers. Show them your plan and listen to their feedback.

5. Keep it simple

Don't write dozens of pages. You'll bore the investors and your plan will end up on a pile where nobody will ever look at it again – including you. Stick to the important points.

Update your business plan regularly

A business plan isn't a static document. It should change and evolve over time as your business grows. You will learn a great deal in your first few months working as a consultant, and that knowledge should be applied to your business plan. It's a good idea to review your plan every month.

You may find that some of what you initially wrote turns out to have been misguided, inaccurate or just plain wrong. That's normal. Nobody can predict every step a business will take. The important thing is to learn as you go along – and make use of that knowledge to improve your plan.

Plan for consulting success

A consulting business plan is written as much for you, the consultant, as for anyone else. The point of writing it is to concentrate on what's important. That clarity is what will help you succeed.

So don't look at a business plan as just another box to be ticked. It's a fundamental process when starting any business, particularly a consulting business where you will need initiative and drive to succeed.

Take the time to write a proper business plan, and keep it regularly updated as your business grows. You can use our free business plan template . You'll find it an invaluable guide to becoming a successful consultant.

Xero does not provide accounting, tax, business or legal advice. This guide has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business or before taking action in relation to any of the content provided.

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Consulting Business Plan: 5-Step Plan For A Successful Firm

If you want to start a consulting business , then you need to write your consulting business plan.

I’ve watched countless starry-eyed entrepreneurs “start” their business with a 50-100 page business plan.

They spend weeks — or even months — toiling away at their desk after their 9-5 detailing everything about their future business.

After they’ve written it, they beam with pride.

“This plan is the key to my success in consulting! With this plan, I can’t fail.”

Then, they take their plan out to the real world.

The real world isn’t as perfect and pretty when starting your business.

And that golden business plan? Well, it almost always doesn’t work the way they’d hoped.

All of the projections they made? Naw, not even close.

So they scurry back to their desk to revise the plan — and the cycle continues.

Here’s the truth about consulting business plans…

You don’t need to a long, complex business plan.

If your business plan is more than 5 pages, every extra page you write is almost certainly wasting your time.

All you need is a 1-3 page document to cover the foundations of your business.

By the end of this post, you’ll write your 5-part entrepreneurial consulting business plan — and have everything you need to start a successful consulting business.

Let’s begin with the first part: your consulting business model.

1. Consulting Business Model

  • “What kind of consulting business do you want to build?”

That’s the first question you want to answer for your consulting business plan.

Understand what type of business you want to build first before you start building it.

Six-Figure Blueprint

That way, you’re building a business to support your lifestyle and not the other way around.

At Consulting Success®, we believe that your business shouldn’t consume your life .

Your consulting business should enrich your life and create a fulfilling lifestyle for you and your family.

For your consulting business model, you have 4 options:

1. Solo Model : The classic independent consultant . Your business is just you (and maybe a few contractors). From delivering projects to marketing and sales, you are responsible for every part of the business.

(To see the pros and cons of each model, see our post on The 3 PROVEN Consulting Business Models .)

2. Firm Model : The typical large consulting firm. Your firm consists of consultants, associations, junior and senior people. Your role starts off as doing a bit of everything — but eventually, your role becomes hiring, training, and managing your team.

3. Productized Model : This model comes out of one of the above models. You identify a particular problem your clients have, and you build your business around solving that problem with a focus on efficiency. This model is all about systems, efficiency, and scale.

4. Hybrid Model : The hybrid model is a mix of the models above. For example, you might offer a productized consulting offer — but also do some solo custom consulting. Once you’ve mastered one of these models, the hybrid model helps you add new products and services to create more revenue.

Pick one of the models above. If you’re unsure about which one to use, start with the solo model. You can always change it in the future. Chances are, your business will evolve in the future anyways.

With your consulting business model selected, let’s move to the next part of your consulting business plan — clarity around your ideal client.

For every hour you spend on planning, you should spend 4 hours on putting your plan into action.

2. Ideal Client Clarity

  • “Who is the ideal client my consulting business will serve?”

That’s the second question you’ll answer with your consulting business plan.

This is all about how you’re going to specialize .

As an entrepreneurial consultant, specialization is crucial.

You can’t offer everything to anybody.

You’ll have to begin by choosing a specific type of client to serve — your niche.

A niche is a certain subset of people whom you might potentially serve — SaaS companies, manufacturing, pharmaceuticals, etc.

To find your ideal client, you’ll have to test out different niches.

This is why we teach the Niche Scoring Method in our Clarity Coaching Program .

October 27, 2021 12:11:43 pm - Screenshot

Using this scorecard, you score each potential niche from 1 to 5 based on the following factors:

  • EXPERIENCE . How would you rate your experience with this niche?
  • EXPERTISE . How would you rate your status as an expert within this niche?
  • RESULTS . How would you rate your confidence that you can deliver results for this niche?
  • POTENTIAL . How would you rate this niche’s growth and how willing they are to hire consultants?
  • INTEREST . How would you rate your interest in this niche?
  • ACCESS . How would you rate your ability to speak with ideal clients in this niche?

In the Clarity Coaching Program for Consultants , we also teach you about the different layers of specialization, how to find and validate your ideal client’s potential, how to do outreach to potential clients, and more.

By going through these exercises, you’ll figure out which niche is best for you to start with.

Picking a niche and defining your ideal client is the foundation on which you’ll build your business — and get clients.

You shouldn’t move on with your consulting business plan until you’ve defined your ideal client.

Once you’ve done that, you can move on to the next part: Magnetic Messaging.

3. Magnetic Messaging

  • “What message will get my ideal client’s attention?”

That’s the third question you’ll answer on your consulting business plan.

You’ve picked your business model.

You’ve defined your ideal client.

Now, you’ll write a message designed to get your ideal client’s attention.

We’ve created a formula to make writing this message as simple as possible: Magnetic Messaging.

Here’s the formula:

I help [WHO] to [solve WHAT problem] so they can [see WHAT results]. My [WHY choose me]…

Let’s break each part of the formula down.

  • WHO : Who you serve.
  • WHAT (Problem): What problem you solve for them.
  • WHAT (Result): What result you create for them.
  • WHY : Why they should choose you.

Why does this message grab your ideal client’s attention?

  • It speaks to who they are.
  • It mentions what problem they have.
  • It showcases what result they can get.
  • It differentiates you from others who might provide a similar service.

When your message contains these 4 elements, it will draw interest from your ideal clients. They’ll want to learn more.

They’ll browse your marketing materials, read your articles, sign up for your email list, and reach out to you for conversations.

Effective messaging is the foundation of your marketing: what you communicate to the marketplace to get your ideal client’s attention.

You won’t write the perfect message on your first try.

But you do need to write a first draft — and actually put it to work in the marketplace.

Once you’ve written down your first magnetic message, it’s time to start planning your strategic offer.

4. Strategic Offers

  • “What can I offer my ideal client — and at what price point?”

That’s the 4th question you’ll answer on your consulting business plan.

With clarity around your ideal client and a message that grabs their attention…

…you must create an offer — a service — that solves their problems and gets them the result that they want.

The classic custom consulting service is the “full engagement.”

After you engage in a meaningful sales conversation with your prospective client, you’ll send them a consulting proposal .

In your proposal, instead of including one option, you’ll include three:

Option 1 – $

  • Basic offer
  • Minimum effort required
  • Provides value
  • Lowest investment

Option 2 – $$

  • Help them reach results quicker than option 1
  • Provides more value than option 1 (ideally, without having to spend more time)
  • Higher investment

Option 3 – $$$

  • If money isn’t an issue
  • Best results
  • Shortest time to result
  • Highest investment

Map out the different options you’ll offer your prospects.

Take a look at the marketing consulting example below for an idea of how the 3 different options might look:

October 27, 2021 12:13:03 pm - Screenshot

However, we recommend you start with a discovery offer .

A discovery offer is a smaller service (priced at $1.5K to $15K). You design it to get your client a quick, low-risk win.

Your discovery offer helps get your “foot in the door” with the client. Once you get them that quick, low-risk win, they’ll trust your expertise. This will open the door for larger projects with the same client.

Discovery offers are easier to sell, create, and deliver.

Here’s our discovery offer checklist:

  • Align with what the buyer wants
  • Is a logical first step
  • Leads to the next steps
  • Ranges between $1.5K to $15K
  • Provides tangible benefits (growth, clarity, etc)

Of course, you’ll also have to set your consulting fees .

You can use the hourly method, the fixed-rate method, the value-based method , or the retainer method.

Pricing is an incredibly complex and deep topic. But you’ll have to pick a price to start with and adjust it based on the feedback you get.

Never sell yourself short. Remember: pricing is marketing. If you can deliver your clients results, then charge what you’d feel good about.

Once you’ve mapped out your 3 engagement options and a discovery offer, you’re ready to take your offers to the marketplace — and start winning consulting business.

5. Marketing Engine/Sales Pipeline

  • “How am I going to create conversations with my ideal client?”

This is the final question you’ll answer on your consulting business plan.

And it’s where you start to see real results: winning clients, delivering projects, and earning revenue.

However, according to our How To Become A Consultant Study , marketing and sales are where consultants struggle the most.

Your Marketing Engine is what you’re doing every day to get in front of your ideal clients.

Your Sales Pipeline organizes all of the leads who come into contact with you.

Let’s start with your pipeline.

October 27, 2021 12:14:26 pm - Screenshot

Your pipeline is organized into 6 columns:

  • LEAD . You’ve identified the prospective client and have begun reaching out to them to set-up a conversation.
  • CONVERSATION . You’ve had a sales conversation with the prospective client.
  • PROPOSAL . You’ve sent a proposal to the prospective client.
  • WIN . The prospective client has accepted your proposal and you won the business.
  • LOSS . The prospective client has declined your proposal and you lost the business.
  • NURTURE . Most people you reach out to won’t be ready to buy or make a decision right away. In fact, even people who say ‘No’ to a proposal now, may buy from you later as long as you stay top of mind through your nurture process.

All of your prospective clients fit into one of these 6 categories.

Using a CRM to create and organize this pipeline will help you organize your marketing and sales efforts.

Marketing is what fills up your “lead” column.

Without marketing, you won’t have any leads. And without leads, you won’t have the chance to win new business.

We organize marketing for consultants in 3 different categories:

  • Outreach: Reaching out to your ideal clients to initiate conversations.
  • Follow-Ups: Following up with your ideal clients to initiative conversations.
  • Authority Building : Creating content for your ideal clients that demonstrates your expertise and adds value — and helps create conversations.

A basic Marketing Engine will have you doing a mix of these different methods every day.

Every day, you want to be reaching out to new clients, following up with your leads, and creating content that demonstrates your expertise and adds value.

October 27, 2021 12:13:41 pm - Screenshot

The type of marketing you focus on also depends on the stage of your business .

If you’re a newer consultant, you’ll rely more on outreach. You don’t have as much of an audience for authority content to work yet.

But if you’re a later-stage consultant, you’ll rely more on content. Your content and consulting website has a farther reach, and can generate leads at scale.

For your business plan, focus on setting up a pipeline that is easy to track, and creating the right marketing habits to fill up your leads column.

At this stage, your plan is done.

It’s time to start taking action.

Imperfect Action: Write Your Entrepreneurial Consultant Business Plan

By answering these 5 questions…

…you’ll write a consulting business plan that enables you to take action.

We’ve included dozens of articles, case studies , and guides on how to answer these 5 questions.

However, in consulting, execution is more important than your plan.

So, use our resources to help answer these 5 questions — and go build your consulting business.

Ready to Take Your Consulting Business to the Next Level?

Apply to join our Clarity Coaching Program , the place where dedicated consultants go to get a personalized plan, strategy, coaching and support to grow a successful consulting business.

If you’re committed and serious about growing your consulting business, then this customized coaching program is for you.

We’ll work hands on with you to develop a strategic plan and then dive deep and work through your ideal client clarity, strategic messaging, consulting offers, fees, and pricing, business model optimization, and help you to set up your marketing engine and lead generation system to consistently attract ideal clients.

Schedule a FREE growth session today to apply for our limited-capacity Clarity Coaching Program by clicking here .

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BUSINESS STRATEGIES

How to create a consultant business plan

  • Nirit Braun
  • Oct 30, 2023
  • 12 min read

How to create a consultant business plan

When launching your consulting business, one of the essential first steps is crafting a well-structured and detailed business plan. Your consulting business plan is like a strategic playbook that lays out your goals, tactics and financial projections. It not only steers you toward success but also equips you to adapt and thrive in the dynamic world of consulting.

Keep reading for tips on how to build a strong business plan for your business. Use the template provided at the end to get started on your own plan.

Looking to kick off your consultancy business? Create a business website today with Wix.

Why create a consultant business plan? Top benefits to consider

A business plan forces entrepreneurs to thoroughly evaluate their business idea, target audience and competitive landscape. This process clarifies their vision and mission, ensuring that they have a clear understanding of how their consultancy will provide value to clients. A business plan helps you in the following ways:

Create a business blueprint : With a business plan in place, entrepreneurs looking to start a business can make informed decisions based on a solid foundation of research and analysis. They can choose the most effective strategies for marketing, pricing and service delivery, enhancing their chances of success. Your business plan can also be used to explain what type of business you'll start - whether that's an LLC, Corporation or something else. Learn more about how to start an LLC .

Secure funding : The cost to start a consultancy business can range from around $60 to several thousand dollars . For those seeking external funding, a well-developed business plan demonstrates credibility and professionalism. Investors and lenders are more likely to support a venture with a thought-out plan that showcases its potential for growth and profitability.

Set measurable goals : A business plan sets measurable goals and performance metrics, which is vital with this type of business . This allows entrepreneurs to track their progress, adapt strategies as needed and celebrate milestones along the way.

Want to remind yourself of the basics? Learn more about how to start a service business .

How to create a successful consultant business plan in 6 steps

In this section, we'll break down the key components involved in crafting a successful consultant business plan in six steps.

Executive summary

Business and domain names

Market analysis and research

Operations plan

Marketing and advertising plan

Financial plan

01. Executive summary

An executive summary serves as a concise overview of the consultant's business plan, providing a snapshot of the key components and the business' essence. It's usually the first section investors, lenders and stakeholders read, so it must encapsulate the business' value proposition, objectives, strategies and projected growth. To write a clear executive summary for a consultant business make sure to keep it succinct yet informative. Clearly state the purpose of the business, the services offered, the target market and the unique value proposition. Avoid technical jargon that may confuse readers.

Then you can mention the business' strengths, such as the expertise of the consultants, unique methodologies or specialized services. Emphasize factors that set your consultancy apart from competitors.

Briefly discuss the market need for your services and how your consultancy plans to fulfill it. It’s worth noting that strategy and management consulting, as well as technology consulting, financial consulting and HR consulting are in high demand . Highlight any trends or changes in the industry that your business can capitalize on.

Remember to include a snapshot of your financial projections, indicating expected revenue, costs and profitability. This provides a glimpse into the business' potential financial success.

Example of an executive summary for a consultant business

"XYZ Consulting is a boutique consultancy firm specializing in digital transformation for small and medium-sized enterprises (SMEs). With a team of seasoned professionals, we offer tailored solutions to help businesses harness the power of technology for growth. Our unique approach blends strategic consulting with hands-on implementation, ensuring tangible results. In a rapidly evolving tech landscape, XYZ Consulting is poised to be the partner SMEs need to thrive. Our financial projections forecast a steady growth trajectory, with a focus on achieving profitability within the first two years. With a proven track record and a finger on the pulse of industry trends, XYZ Consulting is well-equipped to guide businesses toward digital success."

02. Business and domain names

Knowing how to name a business is crucial for a consultancy venture and a key step before you register your business . It's the foundation of your brand and influences how clients perceive your services. With Wix , you can use a free business name generator or consulting company name generator as helpful tools for brainstorming unique and memorable names. Ensure the name reflects your expertise and the services you offer.

Similarly, the domain name for your business website is vital. It should be easy to remember, relevant to your services and ideally, match your company name. Check the domain's availability using domain registration platforms. Ensure the domain name aligns with your consultancy's focus and services. Generally, this means keeping it short and easy to spell and pronounce.

Learn more: How to make a consulting website

03. Market analysis and research

Incorporating a thorough market analysis within your consultant business plan is essential. Understand the competitive landscape, target audience and market trends. Research your competitors' strengths and weaknesses, pricing strategies and client base. This information will shape your business strategies and help you identify gaps in the market that your consultancy can fill.

04. Operations plan

The operations plan outlines the logistical aspects of your consultancy. It covers location, premises, equipment and staffing requirements. Determine whether your consultancy will be home-based, have a physical office or operate virtually. Define the equipment and software needed to deliver services effectively. Outline your staffing needs, including the roles and expertise required.

05. Marketing and advertising plan

Your marketing and advertising plan outlines how you will promote your consultant business. Identify the most effective strategies to reach your target audience. Consider content marketing, social media campaigns, networking events and speaking engagements to showcase your expertise. Emphasize how your marketing efforts will build brand awareness and attract clients.

You’ll need to develop a suite of brand assets to use in your marketing as well, starting with a company logo. You can use a free logo maker to get a professional logo in minutes.

06. Financial plan

The financial plan is a critical component of any business plan. It outlines how you will raise money for your business initially and provides a timeline for reaching profitability. Detail your startup costs, including equipment, marketing expenses and personnel. Present your revenue projections, taking into account different pricing models and growth scenarios. Highlight your break-even point and the strategies you'll employ to achieve profitability.

By addressing each part of their plan, entrepreneurs can create a robust business plan that guides them toward achieving their business goals and building a reputable consulting brand.

steps to developing a business plan

Consultant business plan examples

These templates illustrate two hypothetical consultant business plans, each tailored to a specific niche. These are just templates and should be adapted to your specific business goals and industry dynamics.

Consultant business plan template #1: XYZ Digital Consultants

XYZ Digital Consultants is a pioneering consultancy firm focused on digital transformation for businesses seeking to thrive in the digital age. Our team of experienced professionals offers strategic guidance and hands-on implementation to drive growth through technology adoption. With projected profitability within two years and a commitment to excellence, XYZ Digital Consultants is poised to lead businesses into a successful digital future.

Company and domain name

Company name: XYZ Digital Consultants

Domain name: xyzdigitalconsultants.com

Market opportunity: The rapid shift toward digital operations has created a substantial demand for expert guidance. Our analysis reveals a gap in the market for holistic digital transformation solutions tailored to the needs of SMEs.

Competitor research: We've identified key competitors and their strengths, which informs our strategy to emphasize personalized service and comprehensive implementation.

Location: Primarily virtual, with occasional in-person consultations as needed.

Premises: Home-based setup with access to modern communication tools.

Equipment: High-speed internet, latest software tools and virtual meeting platforms.

Staffing: Founder and lead consultant, supported by contract specialists as projects demand.

Content marketing: Regular blog posts on digital transformation trends, case studies and client success stories.

Social media campaigns: Active presence on LinkedIn and X to engage with potential clients and share valuable insights.

Networking events: Participation in industry webinars, seminars and local business events to showcase expertise.

Speaking engagements: Leveraging speaking opportunities at conferences and workshops to establish authority in the field.

Startup costs (equipment, website development, marketing materials): $15,000

Revenue projections (year one): $150,000

Revenue projections (year two) : $300,000

Break-even point: Achieved by the end of year one

Funding: Initial investment and savings from the founder

Consultant business plan template #2: LeadersEdge Consultants

LeadersEdge Consultants is a dynamic consultancy dedicated to leadership development and organizational excellence. Our experienced team offers customized programs that empower leaders to drive positive change. With a projected growth trajectory and a commitment to fostering impactful leadership, LeadersEdge Consultants is poised to transform organizations and elevate their success.

Company name: LeadersEdge Consultants

Domain name: leadersedgeconsultants.com

Market opportunity: Our analysis reveals a growing need for leadership development programs in diverse industries.

Competitor research: We've identified competitors' offerings and recognized an opportunity to provide a unique blend of coaching, training and strategy implementation.

Location: Virtual consultations, with the option for on-site workshops

Premises: Virtual office setup with video conferencing capabilities

Equipment: High-quality audiovisual tools, assessment software and learning platforms

Staffing : Founder will serve as the lead consultant, supported by certified leadership coaches

Customized workshops: Designing tailored leadership development programs for individual organizations.

Webinars: Hosting webinars on leadership best practices to showcase expertise and engage potential clients.

Thought leadership content: Publishing whitepapers, eBooks and video content on leadership topics.

Collaborations: Partnering with HR and talent development professionals to expand reach.

Startup costs ( making a website , training materials) : $10,000

Revenue projections (year one): $120,000

Revenue projections (year two): $250,000

Break-even point: Achieved within the first six months

Funding: Initial investment from the founder.

How much should you be charging as a consultant?

The amount you charge as a consultant will depend on a number of factors, including:

Your experience and expertise

The type of consulting services you offer

The value you provide to your clients

The market rate for consulting services in your field

In general, consultants charge between $100 and $500 per hour. However, some experienced and highly specialized consultants can charge upwards of $1,000 per hour.

To determine your consulting rate, you can use the following formula:

Consulting rate = Hourly rate * Value multiplier

Your hourly rate should reflect your experience and expertise, as well as the type of consulting services you offer. For example, if you have 10 years of experience and you offer specialized consulting services, you can charge a higher hourly rate than a consultant with less experience and who offers more general consulting services.

Your value multiplier should reflect the value you provide to your clients. For example, if you can help your clients to achieve significant results, you can charge a higher value multiplier.

Here is an example of how to use the formula:

Consultant: Experienced consultant with 10 years of experience offering specialized consulting services

Hourly rate: $200 per hour

Value multiplier: 2

Consulting rate: $200 per hour * 2 = $400 per hour

Can a consulting business be profitable?

Yes, a consulting business can be profitable. In fact, consulting is one of the most profitable industries in the world. According to a report by IBISWorld, the average profit margin for consulting businesses is 20%. This means that for every $100 in revenue, consulting businesses generate $20 in profit.

There are a number of factors that contribute to the profitability of consulting businesses. First, consultants are able to charge high fees for their services. Second, consulting businesses have relatively low overhead costs. Third, the demand for consulting services is high, and it's only expected to grow in the coming years.

Of course, not all consulting businesses are successful. Some consultants struggle to find clients or to charge high enough fees. Others may not be able to deliver the results that their clients expect. However, for consultants who are able to overcome these challenges, the potential rewards are great.

Here are some tips for increasing your chances of success as a consultant:

Specialize in a high-demand area of consulting. This will allow you to charge higher fees and attract more clients.

Build a strong reputation and network of clients. This will help you to generate word-of-mouth referrals and land new clients.

Market your services effectively. Make sure that potential clients know about your services and how you can help them.

Deliver high-quality results. This is the most important thing you can do to ensure that your clients are satisfied and that they continue to use your services in the future.

How much does it cost to start a consulting business?

The cost to start a consulting business can vary depending on a number of factors, such as the type of consulting services you offer, the size of your business and your location. However, in general, you can expect to spend between $10,000 and $50,000 to start a consulting business.

Here is a breakdown of some of the typical start-up costs for a consulting business:

Business formation: $100 to $1,000

Website and domain name: $100 to $2,500

Marketing and advertising: $500 to $5,000

Office equipment and supplies: $500 to $5,000

Professional liability insurance: $500 to $1,000

Other miscellaneous expenses: $500 to $5,000

Total start-up costs: $10,000 to $50,000

You can reduce your start-up costs by working from home, using free or low-cost marketing tools and purchasing used equipment. You can also start your consulting business part-time while you continue to work your full-time job. This will give you a chance to generate revenue and build a client base before you leave your full-time job.

If you need financial assistance to start your consulting business, you may be able to qualify for a loan from a bank or credit union. You may also be able to find investors who are willing to invest in your business.

Which clients to avoid and which to take on?

Here are some tips on which clients to avoid and which to take on in a consulting business:

Clients to avoid

Clients who aren't willing to pay your rates. If a client isn't willing to pay your rates, it's a sign that they don't value your services.

Clients who are unrealistic about their expectations. If a client has unrealistic expectations about what you can achieve, you're likely to set yourself up for failure.

Clients who are difficult to work with. If a client is demanding, rude or disrespectful, it's best to avoid them.

Clients who aren't a good fit for your business. If a client isn't in your target market or if their business isn't aligned with your values, it's best to decline working with them.

Clients to take on

Clients who are willing to pay your rates. This shows that they value your services and are committed to working with you.

Clients who have realistic expectations. This makes it more likely that you will be able to meet their needs and exceed their expectations.

Clients who are easy to work with. This will make the consulting process more enjoyable and productive for both of you.

Clients who are a good fit for your business. This means that they're in your target market and that their business is aligned with your values.

In addition to the above, here are some other factors to consider when deciding which clients to take on:

Your own skills and experience. Make sure that you have the skills and experience to help the client achieve their goals.

The client's budget. Make sure that the client has a budget that's sufficient to cover your fees.

The client's timeline. Make sure that you have the time and resources to meet the client's timeline.

Your gut feeling. If you have a bad feeling about a client, it's best to trust your gut and decline working with them.

It's important to be selective about the clients you take on. By avoiding difficult clients and focusing on good-fit clients, you can set yourself up for success in your consulting business.

Consultant business plan FAQ

What qualifies you as a consultant.

To qualify as a consultant, you need to have the expertise and experience in the area that you're consulting in. You also need to be able to communicate your ideas effectively and build relationships with clients.

How do you start off as a consultant?

How to make 6 figures as a consultant, how do you pay yourself as a consultant, do consultants pay their own taxes, want to create another business plan.

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What Is a Consulting Business Plan?

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How to Write a Business Plan for Consulting?

Consulting business plan template.

  • General Business Forms
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  • Business Plan Template

A Consulting Business Plan is a type of business plan that individuals can use when they would like to start or improve their consulting business. The purpose of the document is to set in written form all of the necessary information about a consulting business, which can include its goals, strategies, management structure, and more. A Consulting Business Plan template can be downloaded below .

Alternate Name:

  • Consulting Services Business Plan.

The largest part of your business plan content will depend on the type of consulting you are planning on providing to your clients. For example, an IT Consulting Business Plan is supposed to state specific IT goals that the business is supposed to achieve, describe particular services that will be provided for the clients, state what kind of specialists shall be hired to perform these services, etc.

There are no particular regulations applicable to a business plan, which is why it is up to you to understand how long your business plan should be and what should be there. You can compile or modify it to your convenience and it will be acceptable, as long as your plan serves the purpose you make for it.

You can start writing your business plan with a draft where you will decide what kind of information you would like to include in it. If your company provides services related to business consulting, your business consulting plan should contain parts that will indicate it. Generally, there are several sections that can be included in your plan:

  • Consulting Company Details . You can start your business plan with an introduction where you can describe your consulting business by stating its mission, vision, what problems it will be solving, what is its uniqueness, etc. After reading this paragraph, an individual should have a clear understanding of what your operation is about (or will be about).
  • Offered Services And Marketing Plan . Here you can list what kind of services you are willing to offer your clients and how you will be promoting them. Additionally, you can describe sales strategies that you are going to apply to the services your enterprise will perform.
  • Market And Competitive Analysis . Individuals can use this section to analyze market tendencies and show how high is the demand for the services they are going to provide. Here you can also state your main competitors, which strategies they use to promote services, what are their strengths, and what place they take on the market. In your market analysis, you can also add a forecast of how you think the market will be developing in the future.
  • Financial Background . One of the most important aspects of a business plan is how the company is going to get financing, and what will be its main expenses. It all can be compiled in a financial forecast where you will describe projected profits and losses, balance, cash flow, and other figures.
  • Management Structure . In this part of the plan, you can present a scheme that will show how your consulting company will be managed. It can include information about who will be CEO, if there will be any VPs, how many managers will be hired (or already hired), which departments the company will have (or has). In some cases, individuals find it more convenient to attach a Business Organizational Chart to their business plan to give a more precise picture of the management situation.

Haven't found what you were looking for? Take a look at the related templates below:

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18+ consulting business plan templates.

If you are a consultancy agency dominating a particular niche or possessing some proprietary knowledge, one common occurrence is that you are besieged with service requests from individuals and companies. This may seem to be good for business, but when the majority of such requests for assistance turn out to be dead ends, involving issues people could have solved on their own or with another middleman agency, it will start to represent a drain on your agency’s time and resources. Check out our sample plan templates that can help you draft your own consulting business plan in no time!

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Drafting an Effective Consulting Business Plan

  • The Engineering Consulting Business Plan Template lays out the outline of a business plan in a clear, accessible way you can adapt for your own business.
  • Executive summary—the fundamental goals and mission of your agency.
  • Market analysis —who you are in the business of serving.
  • Business description and methodology—nature, scope, and limitations of your service; company ownership.
  • Strategy and implementation—your market positioning and competitive strategies.
  • See Environmental Consulting Business Plan Template. This example guides clients before they request any consultation to avoid misusing the consultants’ expertise.
  • See Computer Consulting Business Plan Template if you specialize in IT systems.
  • See Safety Consulting Business Plan Template if you are hired independently as a company’s health and safety team.
  • See Management Consulting Business Plan Template for another common collaborative enterprise.

Safety Consulting Business Plan Template

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Computer Consulting Business Plan Template

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Consulting Services Business Plan Template

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Bonus Plan Template for Consultants

General faqs, 1. what is a consulting business plan, 2. what is the role of a business consultant, 3. what are the components of a consulting business plan.

  • Mission and vision statement
  • Company description
  • Products and services offered
  • Market analysis and marketing strategy
  • SWOT analysis
  • Cash flow statement

4. What Are Some Tips To Write a Good Consulting Business Plan?

  • Prepare the first draft
  • Do your market research
  • Identify your unique selling proposition
  • Get feedback from peers, previous business associates, and potential customers
  • Keep it concise and not lengthy

5. What is the Purpose of a Business Plan?

More in plan templates, consulting operational plan template, business handbook template, standard business consulting report template, consulting startup business plan template, it consulting business plan template, auditing and consulting business plan template, sample human resources consulting business plan template.

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Business Consulting Business Plan

Start your own business consulting business plan

Growth Management and Strategies

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

Growth Management and Strategies (GMS) is an ambitious innovative new company that is attempting to turn the small business consulting business on its head. With an experienced consultant at the helm as President, GMS intends to grow at more than 50% per year through solid customer service, a great sales plan, proven competitive strategies, and a group of people that bring dynamic energy to the company and the sales process.

The goal for this plan is financial: GMS needs a Small Business Adminstration (SBA) loan, and this document is one step in the process. It is also a road map for the company. The document gives all present and future employees, as well as the owner a sense of purpose that may exist without the business plan, but becomes more relevant after the business plan is written, reviewed, shared, and edited by all. It is a living document that will last far beyond the SBA loan purpose, or if that doesn’t occur, to bring an investor on board.

GMS’s financials are realistic, and based on very conservative sales figures relative to the industry as a whole. That is because one of the goals of GMS is to build the business one client at a time, and to serve each client as if it were the last. This is how loyalty is generated, and cultivated. Customer service is what GMS will do best, and is a large part of the company’s overall mission.

Business consulting business plan, executive summary chart image

1.1 Objectives

The objectives for Growth Management and Strategies are:

  • Gain access to an SBA loan upon start up.
  • Grow the company from 2 employees in Year 1, to over 10 by Year 5.
  • Increase revenue to over $3 million by Year 3.
  • Increase client base by 450% in three years.
  • Maintain job costing that keeps margins above 70%.

1.2 Mission

The company mission is to serve small business clients that are in need of logistical, technical, and business strategy services. All projects will be chosen based on the availability of human resources, and each individual employee will be given the respect of a contract worker, and will share in profits for each job. Politics have no place at Growth Management and Strategies, and to limit the affects of favoritism, the company will implement and clearly communicate a performance review policy that applies to those at the bottom as well as the top of the leadership ladder. Credit will be given to the person who performed and/or innovatively modified a project, and compensation will be both financial and in the form of commendation.

Growth Management and Strategies is a company that respects the needs and expectations of its employees and clients. If either is compromised, adjustments will be made so that the company culture may remain intact.

1.3 Keys to Success

Our keys to success are:

  • To maintain client satisfaction of at least 90%.
  • To keep overhead low.
  • To ensure professional marketing and presentation of services.
  • To provide an active and functional website.

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Company summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">.

Growth Management and Strategies was established as a C corporation. The company’s headquarters are located in Boston, MA, near Copely Place. The company was established as a result of the efforts of its owner, Bill Dawson, and his experience in leading small businesses into prolonged periods of growth and innovation. Dawson worked for McKinsey before being hired away to Bain and Company. A Harvard graduate, Dawson spent hundreds of hours each week for nearly a year, slowly building the company to where it is now.

The company has had numerous successes this year, including one client that was purchased by a major multinational conglomerate, and another that experienced product sales growth of over 700% the first year.

2.1 Start-up Summary

This start-up summary table lists all the costs associated with establishing a lease, purchasing office equipment, and pulling together the other resources necessary to get the business off the ground. Furniture, LAN lines, and additional technology purchases are a must in order to properly communicate with clients, and to establish a website.

Other services included in the start-up summary are legal consulting fees, kept to a minimum thanks to resources provided by Nolo. Incorporation fees are included in the legal fees line item.

The free cash flow (cash balance) appearing in this start-up table is high relative to other small consulting businesses of its size. The owner is preoccupied with maintaining positive cash flow, and is risk averse enough to understand that during months in which contracts are not available, the corporation must sustain itself.  With this said, planned debt leverage is low, therefore risk to the lender is relatively low as well.

Business consulting business plan, company summary chart image

2.2 Company Ownership

Growth Management and Strategies is wholly owned by Bill Dawson, and is classified as an LLC.

Growth Management and Strategies offers a variety of services to the small business client. Many of the services are customized for each client, and a bidding process is observed. The company also offers a traditional fixed rate sheet for its services.

Market Analysis Summary how to do a market analysis for your business plan.">

The target customer owns a small business, and is generally dissatisfied with the revenue that the business is generating, or is dissatisfied with the daily management of their business. The customer is likely to operate a business worth between $200K and $10 million, with growth rates of between 1-10%, or even a negative growth rate.

Market growth, that is, the predicted growth in the small business sector within the Boston/Cambridge Metro area is expected to be around 3% per year. This may increase due to additional SBA lending programs designed to match the strengths of research and faculty grant work with the needs of the market and small businesses willing to take new products to market. Regardless of the market growth, the company’s customer base is far more dependant upon service needs, and a solid reputation. Mr. Dawson is well respected within the community, and has built a number of relationships with high profile individuals, and is a frequent contributor to the business section of the Boston Herald.

The corresponding market analysis table below breaks the potential market down into tactical sub-markets.

4.1 Market Segmentation

The market is divided up by revenue in the initial analysis, although other factors are very significant. It is important that the client business is operating at about the same level as the general economic growth rate, or is underperforming. The need for a turnaround within the client company is necessary for Growth Management and Strategies’ expertise to become useful. The following are other differentiators:

  • Debt of more than 30% yearly revenue.
  • Free cash flow frequently in the negative, requiring deep pocket borrowing or investment.
  • Long-term growth underperforming relative to competitors.
  • Management discord and performance issues.

These are not the only differentiators used to determine the market potential for a client, they are simply a starting point for the sales team as they reach out to this group of small businesses, owners and investors.

Business consulting business plan, market analysis summary chart image

4.2 Target Market Segment Strategy

The target market strategy involves isolating potential customers by revenue, then drilling down to very specific needs via the sales team’s needs analysis methodology.

The first tier customers, businesses with over $3 million in revenue, is more experienced in outsourcing and may find themselves more comfortable hiring Growth Management and Strategies on retainer. Strategically, a retainer helps maintain consistent cash flow, even if during some months these customers will require more services than what they have paid for that month. This issue will be addressed in the Personnel topic.

The second tier customers, those businesses operating at revenue levels of $501K – $3 million, typically are very excited to have moved out of the home office stage, and into a new level of stability. If they are self-funded, these businesses can be the most challenging to work with because they are often not willing to part with company shares, and don’t yet have a sense of what kind of marketing investment is necessary to grow a business at this stage. The company will serve these small businesses based on a bid cycle, and needs analysis.

The third tier customers are easier to identify, and more ubiquitous than the rest. These small businesses are operating on $200K – $500K in revenue, often are operating out of a home, and have a firm sense of their market and potential, yet have trouble executing their plans effectively, or following through on growth strategies that generate wealth. Again, the strategy is to provide these businesses with a short needs analysis, and focus on the quantity of such customers to maintain a solid revenue stream.

4.3 Service Business Analysis

This industry is split up between a variety of players, including small businesses advising small businesses, such as the case with Growth Management and Strategies, to large conglomerate multinational consulting firms that send in newbie MBAs and use their name recognition to convince their clients that every one of these MBAs will generate over $300K a year in value. Sometimes they do, but when they don’t, GMS plans to be there.  

At the other end of the spectrum, there are a wide variety of mom and pop consulting firms owned by very talented people who simply don’t have the marketing resources or expertise to reach a broader spectrum of customer.

GMS is somewhere in between. With years of guerrilla marketing experience, and a long-term plan for success, Mr. Dawson is determined to build the company each client at a time, and to focus on a sales team that outperforms all the competitors.

GMS is planning to grow exponentially within the first two years, to over $2 million in consulting revenue. At this point the service business analysis will be re-evaluated from the outside in.

4.3.1 Competition and Buying Patterns

Typically small business clients will learn about the consulting services market through word-of-mouth experience passed on through a friend or contemporary. Still, outbound sales teams dominate this category, and the stronger your sales team and name recognition, the greater your odds of finding clients willing to place your company on retainer or accept your company’s bid. The most competitive players in this market tend to have some of the best sales teams in the industry, that is, people who know not only how to communicate the technical needs analysis in a non-technical way, but in addition, are able to follow through and execute on promises and provide accurate, industry specific information that is useful to the client even before the deal is made.

Price is also important, and operates on a complex tiered system that is dependant upon the effectiveness of a particular salesperson, the word-of-mouth (WOM) advertising already in the mind of the potential client, and the ability of the client to reform the way they think about their own business. The demands of turning a business around, or pushing it to the limits of its potential are in direct proportion to the price of each bid. GMS must be careful not to be lured into out bidding a competitor, only to find that the customer has no plans to modify their business plan, and are seeking a “magic bullet” that may or may not exist. Competition in this industry leads to frustration and burnout for many people, and it takes a strong sense of purpose to push the business beyond the realm of the high-intensity, low-return client.

Strategy and Implementation Summary

GMS will pursue a strategy in line with the experience of the owner, and implementation will be performance based and follow a clear path. Milestones are important to the implementation of this plan, and so is the vision and the will of the company’s owner, Mr. Dawson. The overall company strategy is tied very closely with the sales strategy, that is, with the front lines of the business. One of the biggest threats to any strategy is that they can become too high-minded, and not literal enough to translate into action. This will not be the case with GMS, a solid company that hires top talent and achieves it’s goals on time and on budget.

5.1 Competitive Edge

GMS has a significant competitive edge in the following areas:

  • Customer service mobility – As a customer-centric firm, GMS offers no hold phone lines, same day email responses, and callbacks within one hour. In addition, the phone technology is set up in such a way as to provide salespeople with all databased information about the customer before they say “hello”. 
  • “Needs Analysis” service – Possibly the best competitive edge in an industry fraught with agressive outbound sales teams and your run of the mill ego-centric, customer alienating, consultants.
  • A considerable network of contacts – Mr. Dawson is well connected in the area of general consulting, and his Harvard degree opens doors via simple bragging rights, and an extensive alumni network.

5.2 Marketing Strategy

GMS’s marketing strategy revolves around a three-tiered focus. At the top of pyramid one, imagine a customer service ideal. This ideal is also included in the competitive comparison.

Pyramid two is focused on the execution level of all sales efforts. Not just as a goal, but execution as a strategy for building a stronger focus and building on what has already been accomplished. There are many tactics available in this pyramid, and those details are available in the marketing plan upon request.

Pyramid three has at the top a team-centric company culture. Tactics revolve around building this culture from the ground up so that it rewards innovation and determination, and management shows no personal bias or favoritism except when a salesperson or consultant is outperforming the mean. Although this strategy appears to be an internal management goal or company summary object, it is highly relevant to marketing’s performance because without integrity standards and a consistent company culture, GMS’s marketing will feel disconnected and unsupported, and will suffer as a result. A more detailed breakdown of tactics and programs related to this strategy is available in the full marketing plan. 

5.3 Sales Strategy

GMS plans to develop and train 5-6 new salespeople by year two. Upon start up, the primary sales contact will be Mr. Dawson, but this will change as the revenues increase, and the company is able to invest in human capital.

GMS has a sales strategy that focuses on an initial needs analysis. Once the results of the needs analysis has been forwarded or described over the phone to a potential client, the salesperson will ask for a personal interview, a chance to sit down and discuss specifics. At no time should this be perceived by the potential client as “pushy” or “agressive.” 

The goal of this sales process is to get behind the numbers, and the business successes, to identify where the client’s needs lie. Once this is mapped out, GMS will decide how these problems can be best addressed, and will offer both a bid and some action points. If the client wants to use the action points to move forward on their own, this is very acceptable. GMS’s research has in fact shown that the clients that choose this path, often come back to seek additional information, and more often than not, accept the bid.

This strategy differs from the course often taken by large consulting firms in that the customer is not condescended to, or treated as if the knowledge isn’t right there in their own heads. Often, consulting companies will send a large ego to clean up a client’s mess, and find that the strategy backfires when the client only chooses to give the consultant the chance to bid. GMS’s sales strategy revolves around customer service and empowerment, not condescension and sales “closers.”

5.3.1 Sales Forecast

Sales forecast is based on the assumption that most of the revenue will be the result of consulting bids. The growth in retainer revenue is about 30% lower than the expected yearly growth in consulting bids of 80%/year. This may seem like an agressive number at first glance, but this is not a large company being discussed in this business plan. The smaller the company, often the larger the opportunity for exponential sales growth, and especially if the firm uses sound sales and marketing strategies to take share from the larger, less nimble consultancies.

The Needs Analysis service is listed only to highlight the fact that some outside information gathering firms/consultants will be used to compile the necessary information. This poses some risk because there are no costs associated with the Needs Analysis efforts. Nevertheless, GMS is confident that this product will set the company apart from the competition, and generate sales far in excess of the costs incurred.

Business consulting business plan, strategy and implementation summary chart image

5.4 Milestones

The milestones table includes one listing each for the business plan and the marketing plan. Each of these are crucial to the long-term and short-term success of GMS. The other milestones are also important, but most are simply tasks necessary in starting up almost any business. Nevertheless, the most important milestone in this table is financial. The SBA loan will determine whether this company will have the working capital to operate for 5-12 months with little or no immediate revenue. If GMS cannot find the working capital to meet the minimum cash flow expectations set forth in this document, the company will dissolve and the owner will turn his talents elsewhere. Therefore, it is possible that the line item for “SBA Loan” may be changed to acquire family or friends as investors. Ideally it will not come to that and Mr. Dawson will be able to retain full control of the company, and direct it entirely based on his vision.

Business consulting business plan, strategy and implementation summary chart image

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

The management team will initially consist of Bill Dawson. A Harvard MBA, and world-renowned consultant for major Fortune 500 companies, Mr. Dawson has built a reputation based his customer-centric approach to consulting, a relative anomaly in the world of high profile consulting. Many consultants are trained to believe they are right and the client was put on this earth to learn from the consultant. That is not the case for GMS, as the management team (Dawson) takes a different tact. The consultant acts as an interviewer, learning all that is possible to learn about the client in a one or two week period. As a management tool, this approach is very effective because it gives the sales team flexibility in dealing with potential customers, and relieves the uncomfortable pressure to close the sale.

Mr. Dawson’s approach to managing customers is also the approach he will take in dealing with his salespeople. GMS doesn’t need a hefty management structure, or administrative overhead. Many of those processes may be handled through outsourcing and Internet technology. On the contrary, the management structure at GMS is designed to reward the performer and educate the underperformer. Each salesperson is given a battery of psychological and rational tests, and most importantly, are screened based on how well they will fit into the Dawson management style. This leaves little to chance, and encourages a team atmosphere that remains light-hearted and fun.

6.1 Personnel Plan

This table demonstrates how GMS plans to start acquiring clients. One salesperson will be trained initially, and that person will later head a team of salespeople as the company expands. The promise of growth, and chance to work for a strategically positioned consulting business is enough to have three major players bidding for the job. Although each will see a major cut in salary from their current position, the chance to share in company profits (10%) and growth is enough to draw them to a low base, high commission position that offers no guarantees.

Financial Plan investor-ready personnel plan .">

The Financial Plan is based on a pending SBA loan, and a corresponding cash flow amount held in a highly liquid account.

7.1 Important Assumptions

The General Assumptions table explains various tax rates, personnel burden, and other financial inputs.

7.2 Break-even Analysis

The Break-even Analysis table is based on the assumption that each hour worked can be billed at approximately $70 per unit, and the employees will start at approximately $25/hour. This doesn’t include the cost of the payroll burden, however the assumptions are fairly accurate. Fixed costs are related to the lease and other monthly costs.

Business consulting business plan, financial plan chart image

7.3 Projected Cash Flow

The following table and chart show the Projected Cash Flow figures for Growth Management and Strategies.

Business consulting business plan, financial plan chart image

7.4 Projected Profit and Loss

The following table and charts are the Projected Profit and Loss and Gross Margin figures for Growth Management and Strategies.

Business consulting business plan, financial plan chart image

7.5 Projected Balance Sheet

The following table is the Projected Balance Sheet for Growth Management and Strategies.

7.6 Business Ratios

Business ratios for the years of this plan are shown below. Industry profile ratios based on the Standard Industrial Classification (SIC) code 8742, Business Management Consultants, are shown for comparison.

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Sample Business Plan for Consulting Firm

Executive Summary Of Sample Business Plan for Consulting Firm

Sample Plan 5 is an innovative management consulting firm business plan offering a variety of business solutions to clients across a broad cross-section of industries. From financial services to operations optimization to managing organization growth, Sample Plan 5 is adept at effectively managing a variety of client projects.

Founded by The Owner, the organization is in the midst of an aggressive expansion phase with client acquisition and profit growth being two of the primary objectives.

As the economy continues to rebound from what analysts agree was the deepest economic condition in nearly a century , organizations of all sizes will be in need of the types of services that are offered through Sample Plan 5.

The organization has already developed a strong reputation in the industry for the delivery of quality services that positively impact the client.

Moving forward, The Owner plans to leverage these experiences along with her vast professional network amassed over the course of her career to strengthen the client portfolio and improve the year-to-year profit standing of the firm.

Useful Resource:  How to write an executive summary for a business plan

Financial Objectives

The following table and graphs illustrate the financial goals of Shade Station during the next five years. The financials are explained in detail throughout the duration of the plan.

sample business plan for consulting firm

To see the complete financial plan of consulting business plan click here .

Pro Tips: Learn how to create a financial plan for business plan by pros.

Industry at a Glance

The industry is composed of companies that provide advice and assistance to organizations on issues ranging from strategic and organizational planning to financial budget planning. 

Although sample business plan for consulting firm is a relatively new industry, major consulting firms are among the most respected businesses in the world, and their advice is routinely sought by the corporate and governmental sectors. 

In the five years that have led up to 2011, IBISworld .com estimates that industry revenue increased at an average annual rate of 0.7% to $165.5 billion.

Compared with the industry’s overall growth during the past 10 years. this rate is somewhat sluggish. reflecting the extent of the recent economic downturn. 

The recession’s effect on the industry caused sales to plummet by 3.6%. LH in addition to decreasing revenue. firms laid-off employees. causing industry employment to fall by 7.0% over the course of the last two years.

Industry at Glance, Business Plan Sample

Click here to read more about the industry at a glance  and sample business plan for consulting firm.

Projected Industry Growth

The Consulting Industry is currently in the mature stage of its life cycle. Over the five years leading up to 2016, research gathered via IBISworld .co m shows that the industry’s contribution to the overall economy is projected to grow at 2.5% annually. This is roughly in line with GDP growth over the same period. 

Like many industries, the Consulting industry’s growth has been slowed by the recent recession. Furthermore, more corporations are keeping consulting services in-house and hiring fewer consultants.

As a result, the industry’s growth is expected to remain below the levels experienced in the past. The benefits of consultants on human resources and management strategy are becoming increasingly accepted by the business community. 

Some businesses view outside consultants as a necessity when providing impartial advice. Although consultants have been increasingly taken 1n­ house, businesses are still hiring outside consultants to improve their bottom lines.

To read more about the projected growth of the industry click here .

Key External Drivers

Key External Drivers, Business Plan Sample

For more information about external drivers , click here .

What follows is a listing of key objectives for Sample Plan 5.

1. Client portfolio expansion

The Owner has set client portfolio expansion as one of the primary objectives for this phase of business growth and development. The founder will aggressively pursue this objective, projecting to add no less than x clients during the course of the next calendar year.

2. Increased revenues

Founder The Owner has set a goal of no less than x worth of revenues being generated over the course of the next calendar year. Through a diverse suite of services and stellar delivery, this goal is easily attainable and will be the catalyst that propels the firm towards future revenues and profits.

3. Diversify client portfolio

The diversity of services gives The Owner the ability to develop a diverse client portfolio which will be another of the primary objectives. By doing this the organization in effect insulates the profit position from the cyclical nature of the economy and protects long-term growth prospects.

For a complete guide for key objectives for  sample business plan for consulting firm  here .

SWOT Analysis

What follows is a listing of the core strengths and weaknesses of the Alice Cardenas Consulting Company.

Funding:  The lone weakness in what has proven to be an otherwise sound business model and approach would be a lack of funding. Founder The Owner is confident that if a suitable funding source is secured, she can position the organization to become one of the industry’s true market leaders.

Click here for complete detail of the SWOT analysis .

To date Sample Plan 5 has relied primarily on word of mouth networking and the Internet to drive the organization’s marketing message. 

These two elements will remain the core of the marketing model with enhancements made to each that strengthen the market position and increase the volume of qualified business opportunities. 

The organization currently has a website but plans are to totally revamp the current website and develop a more appealing presence using state of the art web development technologies.

In addition to the improved website, the organization will also aggressively integrate social networking into the marketing efforts leveraging both Facebook.com and Twitter.com as well as an interactive online blog, managed by founder The Owner. 

Rounding out Sample Plan 5 marketing model will be an improved networking component as the founder is committed to expanding her professional network by becoming actively involved in the local business and social communities.

You can read more about sample business plan’s marketing by  downloading it.

Balance Sheet

The projected balance sheet for Sample Plan 5 is shown in the table below.

Balance Sheet of Sample Business Plan

To view the full projected balance sheet, click here .

Our free real sample business plan pdf will show you how to write a plan that looks as elegant and professional as this one.

Click here to view an example of consulting business plan for consulting firm. Each business plan is professionally written by our MBA business plan writing consultant and is developed in close collaboration with the customer.

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Download The Consulting Firm Business Plan PDF​

Sample Plan 5 is an innovative  management consulting company business plan that offers a wide range of business solutions to clients in a broad variety of sectors.

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Top 10 Consulting Business Plan Templates with Samples and Examples (Editable Word Doc, Excel, and PDF included)

Top 10 Consulting Business Plan Templates with Samples and Examples (Editable Word Doc, Excel, and PDF included)

Mohammed Sameer

author-user

Time is your most precious resource. With enough time, any challenge can be conquered, any goal achieved, and any venture successful. But here's the catch: Time is also your most elusive asset. It slips through your fingers, leaving behind missed opportunities and unrealized potential.

In the competitive world of consulting, where precision and foresight are non-negotiable, every moment counts. This is a reality that businesses face daily. Often, they find themselves at crossroads, seeking innovative ways to seize opportunities, increase efficiency, and drive growth. This is where a fresh perspective and expert guidance can make all the difference.

Consider the story of Colgate, a household name in oral care. When faced with the challenge of boosting toothpaste sales, they turned to their own employees for solutions. In a stroke of genius, one employee suggested increasing the size of the brim of the toothpaste tube to encourage users to squeeze more paste out. This simple yet effective idea had a profound impact on their sales.

Just like Colgate, organizations need help from consultants who can provide them with innovative ideas for growth, efficiency, and success. That's where our Consulting Business Plan Templates step in, offering you a lifeline to use the power of time to your advantage. Why should you download these templates? The answer is crystal clear: Efficiency and Effectiveness. These PPT presentations are your roadmap to building a successful consulting practice or taking your existing one to new heights.

In business consulting, where strategy meets execution, our templates are your secret weapon. They're the result of years of industry expertise, distilled into actionable blueprints that will save you time, streamline your processes, and enhance your consultancy's impact.

Are you ready to unlock your potential, make every moment count, and chart your path to consulting success? Let's dive in right away.

Table of Contents

  • Executive Summary
  • Company Overview
  • Industry Analysis
  • Customer Analysis
  • Competitor Analysis
  • Swot Analysis and Porter’s Competitive Analysis
  • Operational Plan
  • Financial Plan
  • Management Summary
  • Exit Strategy 

Section 1: Executive Summary

The Executive Summary is the heart of your consulting business plan. It's your elevator pitch, a concise yet compelling snapshot of your consulting venture. Our PPT Set is designed to make this crucial section a breeze to create. You can use our sample executive summaries as inspiration, ensuring that they convey their consulting services, target market, and financial outlook in a concise yet persuasive manner. This section is where potential investors, partners, or clients get their first impression of your business, so it's essential to make it impactful.

Reasons to download this template:

1.    Efficiency:  It simplifies the creation of an impactful executive summary, saving users time and effort.

2.    Clarity:  Sample executive summaries provide a clear structure to convey key business details.

3.    Engagement:  You can make a strong first impression on investors, partners, or clients, increasing their plan's chances of success.

Executive Summary

Download this business plan

Section 2: Company Overview

Crafting a Company Overview that defines your consulting niche, mission, and vision is essential for setting the tone of your business plan. With this PPT Layout, you can effectively communicate their consulting focus, the overarching purpose of their venture, and the guiding principles that drive their mission and vision. This section helps establish credibility and aligns stakeholders with the core values of the consulting business.

1.    Structure:  It offers a structured framework to define the consulting niche, mission, and vision.

2.    Alignment:  Users can align stakeholders with their business values, enhancing credibility.

3.    Communication:  Communicate the unique aspects of consulting business to potential partners and investors.

Company Overview

Section 3: Industry Analysis

Our industry analysis section provides valuable insights into market trends, opportunities, and challenges specific to the consulting sector. Use this PPT Design to gather data, assess market dynamics, and gain a competitive edge. This section helps users identify niches, untapped markets, and emerging trends within the consulting industry, enabling them to make informed strategic choices.

1.    Insights:  It offers insights into market trends and opportunities.

2.    Competitive Edge:  Users gain a competitive edge by identifying untapped markets and emerging trends.

3.    Informed Decisions:  Data-driven decisions are facilitated, enhancing the consulting business's strategic choices.

Industry Analysis

Section 4: Customer Analysis 

Targeting the right clients is pivotal to consulting success. Our customer analysis templates help users create detailed buyer personas, allowing them to tailor their services to meet specific needs. Using this PPT Framework, you can delve deep into their target audience's demographics, preferences, and pain points. This section helps craft personalized services and marketing strategies that resonate with potential clients, increasing customer satisfaction and loyalty.

1.    Precision:  It helps tailor services and marketing precisely to client needs.

2.    Personalization:  Deep insights into target demographics lead to personalized experiences.

3.    Loyalty:  Crafting strategies that resonate with clients boosts satisfaction and loyalty.

Customer Analysis

Section 5: Competitor Analysis

Staying competitive in the consulting industry requires an understanding of your rivals. Our PowerPoint Template guides you through a comprehensive analysis of competitors, helping them identify strengths and weaknesses. Users can glean insights from competitors' offerings, pricing strategies, and customer feedback. Armed with this data, users can refine their value propositions, differentiation strategies, and pricing models. This section is essential for creating a competitive advantage and devising strategies to stand out in a crowded marketplace.

1.    Competitive Advantage:  Users gain a competitive advantage by understanding rivals' strengths and weaknesses.

2.    Refined Strategies:  Insights from competitors' offerings help refine value propositions and pricing models.

3.    Market Positioning:  Effective stand-out strategies are devised in a crowded marketplace.

Customer Analysis

Section 6: SWOT Analysis and Porter’s Competitive Analysis

Performing SWOT and Porter's analyses efficiently is essential for strategic planning. Our PPT Sets simplify the process and guide users to identify internal strengths and weaknesses, as well as external opportunities and threats. You can use these to create a well-informed roadmap, align your business with market trends, minimize risks, and maximize resource utilization. SWOT and Porter's analyses provide you with strategic insights needed to thrive in the consulting industry.

1.    Holistic View:  It guides users to assess internal strengths and weaknesses, as well as external opportunities and threats.

2.    Risk Mitigation:  SWOT and Porter's analyses minimize risks and maximize resource utilization.

3.    Strategic Insights:  Informed decisions and alignment with market trends are facilitated.

SWOT Analysis and Porter’s Competitive Analysis

Section 7: Marketing Plan

A well-crafted marketing plan is crucial for reaching and engaging the target audience. This PPT Preset offers a structured approach to developing effective marketing strategies. It helps you explore methods to create awareness, reach the audience, and communicate your consulting business's unique value proposition. You can demonstrate your understanding of market dynamics and consumer behavior, instilling confidence in stakeholders and potential investors. 

1.    Structured Approach:  It offers a structured approach to developing effective marketing strategies.

2.    Confidence:  Demonstrating an understanding of market dynamics instills confidence in stakeholders.

3.    Client Engagement:  Strategies focus on creating awareness, reaching the target audience, and communicating value.

Marketing Plan

Section 8: Operational Plan

Our operational plan slide provides you with a clear roadmap. It covers staffing, facility management, processes, technology, and more. Using this PPT Design, you can ensure optimal resource allocation, streamline processes, and demonstrate the practical feasibility of their consulting business.

1.    Efficiency:  Users can manage consulting operations with a clear roadmap.

2.    Resource Allocation:  Templates ensure optimal resource allocation and streamline processes.

3.    Feasibility:  Practical feasibility of the consulting business is demonstrated to stakeholders.

Operational Plan

Section 9: Financial Plan

The Financial Plan is the backbone of a consulting business. The PPT Set below offers stakeholders clarity on revenue projections, cost structures, and funding requirements. It details startup costs, revenue forecasts, break-even analysis, and return on investment. The plan assesses the feasibility of the business, instills confidence in stakeholders, and informs decisions about funding and investment.

1.    Clarity:  Financial plan templates clarify revenue projections, cost structures, and funding needs.

2.    Informed Decisions:  Stakeholders make informed decisions about funding and investment.

3.    Financial Health:  Users assess the business's financial health and viability.

Financial Plan

Section 10: Management Summary

Highlighting the expertise of the management team is essential for building trust and credibility. Our management summary design enables you to showcase the roles and contributions of their team members. Using it, provide stakeholders with a clear understanding of the management team's qualifications and their significance in driving the consulting business's success. This section reassures stakeholders that the business is led by capable and experienced individuals.

1.    Trust and Credibility:  Expertise is highlighted, building stakeholder trust and credibility.

2.    Roles Defined:  Roles and contributions of team members are showcased.

3.    Capable Leadership:  Stakeholders are assured that capable and experienced individuals lead the business.

Management Summary

Section 11: Exit Strategy

In your business journey, a graceful exit is crucial. This PPT Set helps you craft a comprehensive exit strategy. It provides a structured framework to consider exit options, timing, financial aspects, and contingency plans. Whether it's selling your business, succession planning, or going public, our templates ensure clarity and confidence in this critical aspect.

1.    Structured Framework:  It provides a structured approach to consider exit options, timing, and financial aspects.

2.    Clarity and Confidence:  Users can plan their business exit with a clear timeline. 

3.    Contingency Planning:  Contingency plans for exit scenarios are facilitated, ensuring a graceful exit.

Exit Strategy

Templates Transforming Tomorrow: Your Consulting Odyssey

Our Consulting Business Plan Templates are more than documents; they're blueprints for transformation. With them, you're not just crafting a plan but shaping destiny. These presentation slides bridge vision to reality, empowering entrepreneurs to script their narratives of success. As you undertake your consulting journey, they pledge commitment to your future, a testament to determination. 

FAQs on Consulting Business Plan

What is a consulting business plan.

A consulting business plan is a comprehensive document outlining the strategy, goals, and operational details of a consulting venture. It serves as a roadmap, helping consultants define their vision, target market, services, marketing strategies, and financial projections. It includes sections like an executive summary, company overview, industry analysis, customer and competitor analysis, marketing plan, operational plan, financial plan, and often, a management summary. The plan provides a structured framework for decision-making and helps secure funding, attract clients, and guide the consulting business toward success.

How do I start a consulting business plan?

To start a consulting business plan, follow these steps:

  • Define Your Business Concept:  Clearly articulate the consulting services you'll offer and the problem you aim to solve.
  • Research Your Market:  Analyze the consulting industry, target market, and competition.
  • Create a Structured Outline:  Organize your plan with sections like Executive Summary, Company Overview, and more.
  • Set Goals and Objectives:  Define specific, measurable goals for your consulting business.
  • Develop Strategies:  Outline how you'll attract clients, market your services, and operate efficiently.
  • Financial Projections:  Estimate your startup costs, revenue projections, and funding needs.
  • Write and Revise:  Start writing each section, seeking clarity and brevity.
  • Review and Refine:  Seek feedback from mentors or advisors and revise.
  • Formatting and Design:  Ensure your plan is professional, organized, and easy to read.

Is a consulting company profitable?

Yes, a consulting company can be highly profitable. However, success in consulting depends on factors like expertise, niche specialization, marketing, and effective client management. Profitability often comes from charging competitive rates, delivering exceptional value, and maintaining a strong client base. Consultants with a unique skill set, excellent reputation, and effective marketing strategies have the potential to generate substantial profits. Additionally, low overhead costs, such as not needing physical office space, can contribute to higher profitability.

How do consultants get their first clients?

Consultants can acquire their first clients through several strategies:

  • Leverage Your Network:  Tap into your professional and personal network to spread the word about your consulting services.
  • Offer Free Workshops or Seminars:  Hosting free events on topics related to your consulting niche can attract potential clients.
  • Online Presence:  Create a professional website, optimize it for search engines, and use social media platforms to showcase your expertise.
  • Content Marketing:  Write blogs, create videos, or share insights through webinars to establish yourself as an industry expert.
  • Attend Networking Events:  Attend conferences, industry meet-ups, and local business events to connect with potential clients.
  • Cold Outreach:  Reach out to businesses directly through emails or calls, highlighting the value you can bring.
  • Partnerships:  Collaborate with complementary businesses or agencies to cross-promote services.
  • Online Marketplaces:  Join consulting marketplaces or platforms where clients seek consulting services.

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FREE 8+ Consultant Business Plan Samples in PDF | MS Word

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In starting a business, such as a consultant business, there are several things that you have to obtain and comply with to get started. A  business plan  is among them. Since you are here, it is safe to assume that you are looking for a business plan for your consulting business, or you want to create one. If that is the case, you are in the right place. In this article, we have gathered a set of  consulting business plan templates  and examples. Additionally, we have collated the things that you need to know in creating this type of document.

Consultant Business Plan

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Whether it is a startup company or big corporate, a business needs a  roadmap  that will direct a business towards its goals. To do it, a business owner has to obtain a business plan. A business plan is a type of document that contains an overview of the goals of a business and the methods involved to attain these goals, making this document the most crucial part of a consultant  business development .

Just like creating a  consultant contract agreement , if you are planning to develop a written consultant business plan, it would help if you know who your target audience is. For example, the reason you are creating a business plan is to support your  business loan proposal  that you are going to submit to a bank. You have to develop the document in a way that will appeal to the bank. To do it, you can include items such as target market analysis, business goals, expenses, marketing strategy, budget, business growth strategy, and sales forecasts. Including the mentioned contents can also help in attracting new clients.

Let’s take a look at how consultant business plans look like. Just download the following business plan examples and templates.

consulting business plan

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consultancy business plan

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agricultural safety consulting firm business plan

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basic consultant business plan

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real estate consulting business plan

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consultant business plan development

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multidisciplinary business planning firms

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consultant business plan in pdf

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consultant business plan example

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Creating a consultant business plan can be tough, especially if you build it for the first time. That is why we have included the following tips in this article. Use these pointers to create a strategic business plan.

One of the mistakes that people do in  professional writing , including writing a consultant business plan, is focusing on all the things in mind at once. This habit will make you end up confused with what to write. To avoid this situation, we recommend you to concentrate on the ideas that you have when writing your first draft. Checking the grammar and structuring the contents should come after you write everything in the paper. By doing it, you can efficiently structure the raw information that you have in mind.

You may have an idea in your head, but writing a wedding consultant business plan or any consultant business plan will need specific information to complete. Thus, you will have to gather the necessary information through research.  Target market analysis  and  cost analysis  are a few of the research methods that you may have to conduct.

Several consultants are assisting businesses in any field. In the cosmetics industry, they have beauty consultants. In the wedding industry, they have wedding coordinators. The question is, which area are you good at? Don’t just settle in that question. Ask yourself why your potential clients should choose you over your competitors? Know your strengths and use them as your marketing edge.

Just like an  interior design business plan , you will need feedback from certain people to determine if your consultancy business plan is durable enough for implementation. By doing it, you may discover the flaws that you have not noticed before. To get the necessary feedback, you can start by talking to your friends, family, and people in the business.

Nobody wants to read a 12-page business plan, so if you want your potential client to take a look at your consulting business plan, write it in a way that will catch their interest. Do it by making a clear and on point plan. In this way, you can put all the necessary information in fewer pages. If you need to create a long explanation, you may want to set a meeting with the person or include a separate document for further clarification.

Creating a business plan is crucial in starting a consultant business. However, it does not mean that you will not need it anymore once you have established your business. In fact, you will rely on this plan to grow your business. Therefore, you must regularly check your business plan and make necessary improvements from time to time. It will ensure that your firm can overcome the obstacles that it encounters due to its affecting factors that are continually changing throughout the lifespan of your business.

One of the factors that influence the consultancy industry is the change in client demands. This trend is impacting the  internal operations of consulting firms . According to Deltek’s survey, fifty-two percent of the leaders in the consulting industry believe that a few years from now, effective response to client demands will become the most prioritized business development in the industry.

As one of the essential items that you have to obtain in developing a consulting business, you have to create this type of document seriously. With the information that we have provided in this article, you should have an idea on how to make it happen. You may also check our article about the other item that you will need in developing your business, which is the consultant marketing plan .

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Business Consulting Business Plan

business consulting business plan1

When you have spent more than 10 years of your life working that nine-to-five job, you can get to the point where you are tired of the routine. With this in mind, your skills and your experience are your best assets when you want to venture out committing to a consulting gig. However, before you take the leap, you must take your time into making your business plan of your new endeavor. The business plan will not only help you map out the opportunities before you but also the threats.

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Business Consulting Business Plan Template

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Human Resources Consulting Business Plan Template

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Although business plans do not generally appeal to everyone, it can be a critical factor in starting your business on the right foot. The business plan will outline your strategies in order for your business to thrive. Remember that just about anyone who has the right skills and experience can start a consulting gig, you have to make sure you identify yourself differently from your competition. And one way of effectively doing that is through an accurate and comprehensive business plan.

Key Areas to Focus on in a Business Consulting Business Plan

Making a business plan for a business consulting firm is actually pretty straightforward. However, it is also difficult at the same time. This means that when you are making a business plan for business consulting gig or firm, you need to find the areas in which you have to stay focused on. With that, here are the key areas to focus on in a business consulting business plan:

business consulting business plan

1. Value Proposition

You have to determine and present what makes you different form your other competitors. You have to present what you have to offer that others don’t. Your value proposition is the key factor that will help attract more customers. In order to build a solid value proposition, you have to give decision makers solace that they made the right decision. To do that, you can (1) offer a service guarantee, (2) build and take prospects through a well-defined methodology, or (3) specialize so narrowly that it is easier to increase your stature. Although these steps still has their fair share of disadvantages, the most important thing is it can still help you distance yourself and make your individuality known to your prospect clients.

2. Target Market

For this area, you have to answer the question: What is the best target market for you, or do you hunt every potential client that might possibly need your services?

Although understanding your target market is a difficult task, developing an understanding of the competitive landscape is crucial. You have to be able to determine how you should go to market, and how much you should charge your clients, familiarizing industry jargon and understanding the problems you are trying to solve will help during the planning process of your business consulting business plan.

There can be various approaches on how you can do this. One is to choose a few industries and then outline the size and type of businesses that you’d like to work within those industries. According to Beth Corson, the founder of Your FundingKey Advisors, instead of taking any client out of being desperate, being selective and creating a clear rod map of where you want to go will help you more. Though working with similar clients in a specific industry will help your company create a level of expertise making it easier for you to perform well and get new clients.

3. Marketing

In order to figure out what marketing method or strategy works best for you, you should answer the following questions: How do you market your consulting business? What tactics do you employ to get in front of decision makers to evaluate your offering?

Just like in any businesses, marketing your skills and experience to potential clients will help you get your business off the ground. However, if you are a sole proprietor it can be challenging since the time you spend on marketing your skills and experience means it’s time you are not getting paid for. And although hiring a firm to help you specifically for this purpose is ideal, it can add to the cost for your business.

With that in mind, you need to be creative in finding the most effective way for you to market your business. It can be through public speaking engagements or partnering with other companies that might offer complementary services to your own. But in order for your business to continue growing and thriving, you need to develop your own client relationships independently.

4. Employees

The main issue with a consulting business is figuring out how to leverage yourself to grow revenue. Regardless of the accomplishments some consultants have like managing to publish a book and charging an hourly rate, they are still not able to serve to client simultaneously. In order to allow your consultancy take on more projects and flourish, you have to use the appropriate leverage.

The key here is to align your revenue arrangements with with employee compensation and how to pay employees to ensure they are available when you need them. Once your business is large enough, you have to assign key people on a salary with performance bonuses. This will assure you that they will stick with you with knowledge of your go-to market strategy, and know your methodology inside and out. Here are some guide questions you can refer to during this process:

  • If you have employees, what is the best way to deploy them, given the reality of project work?
  • Do you plan to pay them hourly, by confirmed project, or salaried?
  • Do you pay a salary and risk a lull in projects?
  • Do you pay employees on a project basis, only when they work, risking their availability when you get a new contract?

IT Business Consulting Business Plan Example

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Marketing Business Consulting Business Plan Example

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Contents of a Business Consulting Business Plan

In order to make an effective business plan, you need to know and understand the various inclusion that comes with it. This way when you start making your business plan you know what to write about, where to put it, and how to fluently convey what you mean. Hence, here is a list of the contents you should include in a business consulting business plan:

  • Keys to Success
  • Company Summary
  • Market Analysis Summary
  • Strategy and Implementation Summary
  • Management Summary
  • Financial Plan

Business Accounting Consulting Business Plan Example

business accounting consulting business plan example

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Language Service Business Consulting Business Plan Example

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How to Make a Business Consulting Business Plan

Now that you know about the contents you should put in your business plan as well as the areas you should focus on, you can begin making your business consulting business plan. With that, here is an easy guide you can refer to while on process of making your business plan:

1. Determine the scope of your services

The first step in making an effective business plan for your consulting business is to determine the scope of the services you offer. This means that you need to clearly set the boundaries or extent for the services you offer to your clients. However, you also need to match your skills and capabilities with the needs of your potential customer base. You need to make sure the scope of your skills, knowledge, and experience are within the needs of your potential clients to ensure that you are worth what your clients pay for.

2. Devise points of differentiation

There are bound to be competition in every field, industry, and expertise in business. Therefore, you need to present what makes you different from the others. In order to effectively do this, you need to study and understand what your competitors offer and find the factor or aspect that you have that they don’t. You have to articulately present why your services are different from the others. You have to present your company’s competitive advantages clearly in order to attract potential and more clients.

3. Create your business model

Your business model contains the finalized types of services you will be offering and what you will charge for each. The business model will service as your guide on how to operate your business as well as how to identify revenue sources, customer base, products, and details of financing. However, it is important to note that you should consider adding more services or improve your business model as you go on with your business especially if you have an established customer base to sell these new services. This will help you accurately accommodate the needs of your current and new clients efficiently and effectively.

4. Formulate a marketing plan

Your marketing plan will serve as your guide on how to market and sell your company to your target customers. It should contain an outline of the methods and strategies you will employ in order to attract customers. In this day and age, making a website for your business is very relevant since people will want to efficiently know and contact you. The marketing plan should present how your website and search engine strategies will draw in potential customers. Aside from that, you should also include marketing strategies that you will use offline.

5. Prepare a financial forecast

You have to include financial projections in your business plan. This will ensure you that you are on the right path when it comes to revenue, expenses, and growth. Since the forecast is based on past, current, and projected financial conditions, you can track the financial progress and errors you have made so far. In addition, this will help identify future revenue and expenditure trends that may have an immediate or long-term effect on your business.

Blank Business Consulting Business Plan Template Example

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Business Management Consulting Business Plan Example

business management consulting business plan example

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Tips in Making a Business Consulting Business Plan

Making a business plan for your business intended to consult other business can be tough. However, if you already have a clear idea on what you want to do and how to do it, it can be easier to outline how to operate your business. In case you are still having a hard time making your business plan, here are some tips you can use:

  • Write the draft first.  Do not worry about grammar, structure, or neatness. You have to focus on getting your point across, whether through paper or screen, in this stage.
  • Do your research.  You have to get to know all the details with the market that you are working on in order to accurately find the right strategies or methods that you can implement.
  • Identify your unique selling proposition.  What is your unique selling point? Why should businesses hire you instead of someone else? Think about what you are good at and use it as a basis to market your business.
  • Get feedback.  Feedback is essential when you want to know what others think about your plan. It can help you improve your plan. Show your peers, friends, previous business associates, and potential customers your plan and listen to their feedback.
  • Keep it simple.  Do not complicate things, it can lead to confusion on your readers part. Keep your business plan simple but full of important and relevant details.
  • Update your business plan regularly.  As your business grows, your business plan should grow and develop along with it. As you go along you will eventually find out that what you have written before were misguided, inaccurate, or wrong. You have to update your business plan in order to improve your services and tailor it to the needs of your clients.

As a business intended to consult other business with regards to specif aspects that make the business thrive, it is important that you do not sell yourself short. Therefore, a business consulting plan will help you attract more clients through presenting relevant information about your skills, experience, and what you can offer. We hope you have learned about business consulting and business consulting business plans with the help of this article.

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IT Consulting Business Plan Template

Written by Dave Lavinsky

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IT Consulting Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their IT consulting firms. 

If you’re unfamiliar with creating an IT consulting business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a IT consulting business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What Is a Business Plan?

A business plan provides a snapshot of your IT consulting business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan

If you’re looking to start an IT consulting business or grow your existing IT consulting company, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your IT consulting business to improve your chances of success. Your IT consulting business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for an IT Consulting Businesses

With regards to funding, the main sources of funding for an IT consulting business are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for IT consulting companies.

Finish Your Business Plan Today!

How to write a business plan for an it consulting business.

If you want to start an IT consulting business or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your IT consulting business plan.

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your executive summary is to quickly engage the reader. Explain to them the kind of IT consulting business you are running and the status. For example, are you a startup, do you have an IT consulting business that you would like to grow, or are you operating an established IT consulting business that you would like to sell?

Next, provide an overview of each of the subsequent sections of your plan. 

  • Give a brief overv iew of the IT consulting industry. 
  • Discuss the type of IT consulting business you are operating. 
  • Detail your direct competitors. Give an overview of your target customers. 
  • Provide a snapshot of your marketing strategy. Identify the key members of your team. 
  • Offer an overview of your financial plan.

Company Overview

In your company overview, you will detail the type of IT consulting business you are operating.

For example, you might specialize in one of the following types of IT consulting businesses:

  • Strategic planning : offers IT consulting services to help clients assess their IT needs and formulate plans for system implementation.
  • Architecture planning: offers IT consulting services to create a system and supporting infrastructure.
  • Operational assessment: offers IT consulting services to assess the IT operating efficiency. 
  • Implementation planning: offers IT consulting services to help clients rollout and test new IT solutions.

In addition to explaining the type of IT consulting business you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include the number of clients served, the number of consultations with positive outcomes, reaching $X amount of revenue. 
  • Your legal business structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry or market analysis, you need to provide an overview of the IT consulting industry.

While this may seem unnecessary, it serves multiple purposes.

First, researching the IT consulting industry educates you. It helps you understand the market in which you are operating. 

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your IT consulting business plan:

  • How big is the IT consulting industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential target market for your IT consulting business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your IT consulting business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: individuals, schools, families, and corporations.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of IT consulting business you operate. Clearly, individuals would respond to different marketing promotions than corporations, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are othe r IT consulting businesses. 

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes other types of IT specialists, business consultants, and internal IT staff. You need to mention such competition as well.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as

  • What types of customers do they serve?
  • What type of IT consulting business are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you make it easier for new customers to obtain your services?
  • Will you offer products or services that your competition doesn’t?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a IT consulting business plan, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type o f IT consulting company that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide consulting services for cloud applications, cybersecurity and compliance, IT solutions management, or network operations?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of yo ur plan, yo u are presenting the services you offer and their prices.

Place : Place refers to the site of your IT consulting company. Document where your company is situated and mention how the site will impact your success. For example, is your IT consulting business located in a busy retail district, a business district, a standalone office, or purely online? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your IT consulting marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

  • Advertise in local papers, radio stations and/or magazines
  • Reach out to websites 
  • Distribute flyers
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your IT consulting business, including answering calls, scheduling meetings with clients, billing and collecting payments, etc. 

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to acquire your Xth client, or when you hope to reach $X in revenue. It could also be when you expect to expand your IT consulting business to a new city.  

Management Team

To demonstrate your IT consulting business’ potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company. 

Ideally, you and/or your team members have direct experience in managing IT consulting businesses. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing an IT consulting business.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance s heet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you meet with 5 clients per day, and offer discounts for referrals ? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your IT consulting business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt. 

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a IT consulting business:

  • Cost of equipment and office supplies
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your office location lease or a diagram of an IT system you’ve implemented. 

Writing a business plan for your IT consulting business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the IT consulting industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful IT consulting business.  

IT Consulting Business Plan Template FAQs

What is the easiest way to complete my it consulting business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily write your IT consulting business plan.

Where Can I Download an IT Consulting Business Plan PDF?

You can download our IT Consulting business plan PDF here. This is a business plan template you can use in PDF format.

How Do You Start an IT Consulting Business?

Starting an IT consulting business is easy with these 14 steps:

  • Choose the Name for Your IT Consulting Business
  • Create Your IT Consulting Business Plan
  • Choose the Legal Structure for Your IT Consulting Business
  • Secure Startup Funding for Your IT Consulting Business (If Needed)
  • Secure a Location for Your Business
  • Register Your IT Consulting Business with the IRS
  • Open a Business Bank Account
  • Get a Business Credit Card
  • Get the Required Business Licenses and Permits
  • Get Business Insurance for Your IT Consulting Business
  • Buy or Lease the Right IT Consulting Business Equipment
  • Develop Your IT Consulting Business Marketing Materials
  • Purchase and Setup the Software Needed to Run Your IT Consulting Business
  • Open for Business

Don’t you wish there was a faster, easier way to finish your IT Consulting business plan?

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.   Click here to see how Growthink’s business plan writers can create your business plan for you.

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    Our sample consulting firm business plan includes the key elements to help you create your own successful consulting firm business plan. ... Clients opting for Management Consulting services can expect to invest approximately $15,000, depending on the project's duration and depth. ... Consulting Firm Business Plan Example PDF.

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    - 2 - Table of contents Consulting business.. . .3 Special considerations for starting your consulting business.. . .4 lprofessionally.Learn to how to help your business Preliminary questions . . .4

  4. Consulting Business Plan Template [Updated 2024]

    Written by Dave Lavinsky Over the past 20+ years, we have helped over 10,000 entrepreneurs and business owners create business plans to start and grow their consulting businesses. On this page, we will first give you some background information with regards to the importance of business planning.

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    The real version of Growthink's Ultimate Consulting Business Plan Template is much more than a fill-in-the-blanks template. That template professionally guides you step-by-step so you can quickly, easily and expertly complete your business plan. Perhaps most importantly, it includes complete financial projections.

  6. Consulting Business Plan Template (2024)

    Starting a consulting business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.. 1. Develop A Consulting Business Plan - The first step in starting a business is to create a detailed consulting business plan that outlines all aspects of the venture. This should include potential market size and ...

  7. How To Create A Consulting Business Plan (Incl. Free Template)

    Step 4: Integrate your ideal schedule into the one-page consulting business plan. With step number 3, you've mapped out what you want to include in your business plan in terms of client type and nature of consulting work. In step number 4, we will build your ideal schedule into the business plan for the next 12 months.

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    Guide How to write a consulting business plan If you want to work as a consultant, you'll need a plan. Here's how to create one just for you. Consultants do things differently If you're a self-employed consultant your work isn't like other forms of business. Unlike retailers or manufacturers, you're not making and/or selling tangible products.

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    Picking a niche and defining your ideal client is the foundation on which you'll build your business — and get clients. You shouldn't move on with your consulting business plan until you've defined your ideal client. Once you've done that, you can move on to the next part: Magnetic Messaging. 3. Magnetic Messaging.

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    Consultant Business Plan Template . Used 4,999 times . An example of a document outlining your strategy for launching or expanding your consulting firm is a Consultant Business Plan Template. The essential elements include a summary of the company, team, sector, rivals, target audience, and an operations and marketing strategy.

  11. How To Write a Consultant Business Plan (+Templates)

    Oct 30, 2023 12 min read When launching your consulting business, one of the essential first steps is crafting a well-structured and detailed business plan. Your consulting business plan is like a strategic playbook that lays out your goals, tactics and financial projections.

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    A Consulting Business Plan is a type of business plan that individuals can use when they would like to start or improve their consulting business. The purpose of the document is to set in written form all of the necessary information about a consulting business, which can include its goals, strategies, management structure, and more. A ...

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    Key Elements of a Management Consulting Business Plan Executive Summary Company Overview Competitor and Market Analysis Service Offerings Marketing Plan Management Consulting Team Operational Plan Financial Outlook

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    18+ Consulting Business Plan Templates - Free Word, PDF Format Download Home Documents Plan Templates 18+ Consulting Business Plan Templates If you are a consultancy agency dominating a particular niche or possessing some proprietary knowledge, one common occurrence is that you are besieged with service requests from individuals and companies.

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    The objectives for Growth Management and Strategies are: Gain access to an SBA loan upon start up. Grow the company from 2 employees in Year 1, to over 10 by Year 5. Increase revenue to over $3 million by Year 3. Increase client base by 450% in three years. Maintain job costing that keeps margins above 70%.

  16. Download Free 2024 Sample Business Plan for Consulting Firms

    Download The Consulting Firm Business Plan PDF Home - Business Plan Guide - Business Plan Examples and Samples Executive Summary Of Sample Business Plan for Consulting Firm Sample Plan 5 is an innovative management consulting firm business plan offering a variety of business solutions to clients across a broad cross-section of industries.

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    Start Objectives classified To professionals, unlock help try Upmetrics! To enhance customer service and after-sale services by establishing a representative office in New York in 2022 To build a market reputation for quality services during the forecast period. To unlock help try Upmetrics! Short Term (1 -3 Years) Start writing here...

  18. Top 10 Consulting Business Plan Templates with Samples and Examples

    Top 10 Consulting Business Plan Templates with Samples and Examples (Editable Word Doc, Excel, and PDF included) Content- Ready Business Decks Researched by Consultants from Top-Tier Management Companies Product Development Project Management Business Review Pitch Deck Get Started Home Blog

  19. FREE 8+ Consultant Business Plan Samples in PDF

    2. Research. You may have an idea in your head, but writing a wedding consultant business plan or any consultant business plan will need specific information to complete. Thus, you will have to gather the necessary information through research. Target market analysis and cost analysis are a few of the research methods that you may have to conduct.

  20. HR Consulting Business Plan Template

    Traditionally, a marketing plan includes the four P's: Product, Price, Place, and Promotion. For an human resource consulting business, your marketing plan should include the following: Product: In the product section, you should reiterate the type of HR consulting company that you documented in your Company Analysis.

  21. Engineering Consulting Business Plan [Free Template

    Writing an engineering consulting business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan: 1. Executive Summary. An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the whole business plan is ...

  22. 8+Business Consulting Business Plan

    10+ Security Consulting Business Plan Examples - PDF 9+ Restaurant Consulting Business Plan Examples - PDF Business Consulting Business Plan Template Details File Format Google Docs MS Word Pages Size: A4, US Download Business Consultant Marketing Plan Template Details File Format Google Docs MS Word Pages Size: A4, US Download

  23. 30 Emerging Technologies That Will Guide Your Business Decisions

    This theme focuses on making the right business and ethical choices in the adoption of AI and using AI design principles that will benefit people and society.. Human-centered AI (HCAI) is a common AI design principle that calls for AI to continuously benefit from human input. Behavioral analytics refers to session-tracking capabilities that monitor user interactions with a protected service to ...

  24. IT Consulting Business Plan Template [Updated 2024]

    Traditionally, a marketing plan includes the four P's: Product, Price, Place, and Promotion. For a IT consulting business plan, your marketing strategy should include the following: Product: In the product section, you should reiterate the type of IT consulting company that you documented in your company overview.