You have accumulated experience and a good network in your industry and has been long time dreaming of working at the comfort of your home and be your own boss. Well, then start a consultancy business and discover how rewarding this career option for you!  In fact, consultancy is one of the hottest trends in the market today where you can enjoy independence and flexibility to work. What’s more consultancy industry will enable you to establish a thriving business with real capital value. You have the option to become a freelancer working on your own or be a part of already established consulting firm in the country.
Launching a consultancy business in the Philippines involves a lot of complex preparations and an enormous deal of strategic thought. Another option you could also do is investing in a consultancy franchise existing already . The best thing about investing in a consultancy franchise is the low entry cost. You don’t need to part ways with your precious savings or think about expensive borrowings, which make the risk much more manageable. Business consultancy is thriving today with plenty of fields for you to choose from. Some of the leading fields of consultancy business include accounting, advertising, auditing, business, career counseling, computer consulting, editorial services, human resources, insurance, marketing, public relations, taxes, writing services and so on.
Business Consultancy in the Philippines
Due to the wide choices available in the consultancy sector, an entrepreneur will obviously get confused as which field suits him or her. Well, there are three easy and simple steps to decide which type of consultancy franchise is the right business opportunity for you. They are: know your product; know your market; and know your skills. To successfully make this assessment you need to understand various aspects of consultancy business. Ideally for a consultancy business you need to have a very strong personality to make a positive impact upon your customers. If you think you are good at any particular consultancy field and have a strong personality and good communication skills, consultancy is just the right business for you to consider. The directory of your network will be a good way to start finding clients.
Advantages of Consultancy Business
1. Low or almost zero capital needed. You just need to capitalize on your talent, knowledge and know-how.
2. You have a free schedule. It’s flexible. It’s not like an 8 hour routinary job. You are the boss and you are the one who decides your schedule.
3. You can start small. Use your home as your office. Just need a telephone and computer.
4. There is a big demand for this service nowadays.
5. Although this is a result oriented career, it pays well to work hard for this is a high generating income career . You’re customers will be lining up on you if you proved to be the best!
Finding the best consultant for your business
We have never seen Filipinos becoming more and more entrepreneur nowadays. That is the goodside, the downside on the otherhand there are more and more novice entering in the world of entreneurship garbed with nothing. And this is where the consultancy business enter. In business, you may encounter problematic situations where you would need help from outsiders to provide you an effective solution. Do you feel that your business could perform better but you are not quite sure how to go about it? Do you suspect employee theft in your warehouse? Are you tired of errors and delays in the financial reports of your bookkeeper? The very first thing to do is indentify the problems that you would like to address before contacting the right management consultant for you. A management consultant is a professional who can help you identify problems and opportunities, and recommend certain based on the skill set that you need to solve your problem.
The two most important things you have to look into are their skills and experience. But on top of that you need to consider also other imporant factors before settling for the right consultant for your problems:
1.   Be sure that the consultant has an excellent track record of at least three years in the field of consultancy. You can also ask for the list of his/her former clients.
2.   Try to contact former clients of your potential consultant to know more about his/her performance: did he do well? did he work within the time frame and schedule?
3.   Determine from the consultant’s past clients if he was able to provide practical recommendations and to implement them successfully. What is the use of having the best solution in the world if it is not implemented?
4.   Interview the consultant if he is able to work with people diplomatically and effectively.
5.   From the very beginning you must be able to work well and comfortably with the consultant. He or she should be respectful, trustworthy and professional at all times.
Consulting Firms in the Country
To give you a clearer picture of this industry here’s some list of consulting firms in the country:Â BPO Consulting Philippines, Guthrie-Jensen Consultants, Kittelson & Carpo Consulting, IMPHIL Consultants,
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