Consultancies with high-profit potential are listed below. Managers and professionals alike are searching for lucrative consulting opportunities to do something different, increase their income, and gain more job satisfaction.
Consulting is an old concept that has been around for ages. The consulting trend continues to grow as businesses remain lean in these difficult economic conditions.
Is Consulting Business Right for You?
Consulting is not just anyone’s cup of tea. Certainly, it is an exciting, profitable venture to start. But risk propositions are always there; in designing a consulting business the ability to listen to customers is a necessity.
It also involves explaining things to your clients. Consultancy is all about communicating and connecting with people. Good communicators do better in consultancy.
60 Consulting Business Ideas
Below, we’ve listed some profitable consultancy business opportunities that you can start with low initial investments.
Website Consulting Business Ideas
1. SEO Consulting
An SEO consultant helps companies improve their web presence by helping them increase traffic from major online sources like Google, Yahoo, Bing, etc.
There are thousands of sites every day, but most fail because they don’t know anything about online marketing. SEO consulting is among the best business ideas for women entrepreneurs who want to earn extra income.
2. Website Design Consultant
Websites are becoming an essential part of running any kind of business these days. Demand for web designers is growing.
3. Graphic Design Consultant
Graphic Designers create logos, brochures, letter shorts, product packages, and catalogs for their clients. Even though the industry is competitive, there is still a wide scope for newbies.
4. UX & UI Designing Consultant
With the constant evolution of user experience design and interface design, there’s an increasing need for professionals who specialize in these fields.
5. WordPress Consultant
WordPress users are always looking for WordPress experts who can maintain their websites.
6. Blog Consultant
Bloggers are increasingly turning to blogs as a way to reach new audiences. If you’re a blogger who has some writing skills, you could offer your services to bloggers looking for writers.
Online Marketing Consulting Business Ideas
7. Social Media Consultant
Most everyone now has a Facebook page, Twitter account, LinkedIn profile, and/or Pinterest board. Many companies are willing to pay others to manage their social media pages.
8. Sales Funnel Consultant
The wholesome purpose for companies selling online is converting leads into sales. As an eCommerce sales strategy expert, you will plan out the flow chart of the sales process so more people purchase the product.
9. YouTube Consultant
YouTube is increasingly becoming an important tool for small business owners to use to connect with their target audience. You will be helping them create video content that attracts people to their site.
10. Online Paid Ad Consultant
As an online paid advertising specialist, you will provide various types of digital advertising including pay-per-click (PPC) ads, paid search, social media advertising, display advertising, and others.
E-Commerce Consulting Business Ideas
11. Online Marketplace Consultant
There are many different marketplaces available online for both buyers and vendors. You will be helping them properly sell their goods and/or service on these marketplaces.
12. Shopify Consultant
Shopify is an eCommerce platform designed specifically for small businesses. It’s one of the most popular platforms used by entrepreneurs who want to sell their products online.
13. Magento Consultant
Magento is a popular eCommerce platform used by most large-scale companies. If you’re an experienced developer who knows Magento well enough to provide consulting services, then you could be hired to help develop websites using the Magento platform.
14. E-commerce Implementation Consultant
There are lots of different things to consider when developing an online store. As an online store developer, you’ll be responsible for the overall design and development of an online store for your client.
15. Payment Gateway Consultant
A key part of running an online business successfully is choosing the right kind of payment system. As a payments consultant, you will be recommending the best one for a particular project and helping in its setup.
Business Related Consulting Business Ideas
16. Business Management Consultant
Business managers provide strategic, unbiased, objective advice that helps companies improve their efficiency and overall performance.
A typical job involves meeting with potential clientele and researching and analyzing data. After which, you’ll recommend changes to the client and set a timeline for implementation.
17. Business Plan Consultant
A DOET Analyst is responsible for the implementation of the DOET processes within an organization. He/she also provides services to startups to craft detailed plans for operational benefits and to ease financing arrangements.
18. Business Startup Consultant
A good consultant for startups usually helps them select the best idea, create a proper plan, prepare an effective presentation, price their products, market their products, sell their products, and launch their products.
19. Construction Management Consultant
If you’re looking to start a construction management consulting firm, you need to know the ins and outs of the construction market. You also need to be able to analyze trends and patterns so you can position yourself as a leader in your field.
20. Failure Analysis / Evaluation Consultant
A consultant who provides consulting for failures analyses evaluates electrical, thermal, and/or mechanical characteristics of integrated circuits (IC), components, subsystems, and systems to determine the root causes of failures. They also analyze failure reports and recommend corrective actions to avoid recurrences of these types of failures.
21. Franchise Consultant
Franchise consulting companies usually offer their services to both small business owners who wish to start up a franchise and aspiring entrepreneurs who wish to buy into an existing franchise.
A franchisor is someone who helps potential new franchises understand the business of franchising and guides them through the process of buying a new business.
Franchising consultants also assist entrepreneurs in taking an existing company and turning it into a franchised operation. They provide assistance with everything from writing up contracts, manuals, and marketing material to assisting the entrepreneur in growing the company once it has been established.
22. Bookkeeping Consultant
If you want to start a bookkeeper’s career, you could offer these services freelance to companies that don’t need an accountancy team but require some help with their accounts.
23. Human Resources Consulting
Human resources have become an increasingly important career choice for people who want to work in business. There are jobs in human resources at small companies, medium-sized companies, large corporations, and even government agencies.
Small and medium-sized business owners are increasingly turning to small and mid-size human resources (HR) consulting firms rather than larger ones because they want more personal attention from consultants who understand their unique situation.
24. Office Protocol Consulting
An important aspect of their job is helping employees resolve workplace conflicts and issues. They also help train employees so they know how to behave appropriately at work.
25. Proposal Consultant (Government Contracts)
A good consultant will be able to register a small business as a contractor, guide them through writing their own proposals, and most importantly, they’ll be able to handle the accounting processes.
26. Proposal Consultant (Grants & Subsidy)
Proposal writing services help companies obtain government grants and contracts. They do this through various means including lobbying politicians, providing proposals, and researching the latest trends in government policy. Grant proposal writers often work closely with project managers and program coordinators.
These individuals provide them with information about the projects they are working on and what steps should be taken to ensure success. In addition, these professionals may also assist in developing strategies to increase the likelihood of receiving awards.
27. Public Relations Agency
To start a PR firm, you’ll first have to learn how to write press releases and pitch stories for publication. A bachelor’s or master’s in communications is a plus, but not a requirement.
28. Quality Management Consultant
QM consultants implement a change in the company’s culture.
They’re used for introducing new methods such as FMEA; PPAP or SPC; implementation of quality management systems such as Six Sigma, Kaizen, Lean Manufacturing, or TPM, etc.
29. Retail Consultant
A retail consultant usually helps determine a retail business’ overall plan. They might help set up new locations, promote items, redesign existing spaces, choose merchandise, hire staff, and make personnel decisions.
30. Risk Management Consulting
Risk managers help companies by identifying and assessing their potential risk factors, putting plans in motion for dealing with them, and deciding how to deal with them (if at all). It’s an excellent business to get into with no money down!
31. Safety Consultant
A safety consulting firm usually provides workplace safety manuals and training for employees on various safety issues. Maintaining workplace safety is their top priority.
32. Sales Consultant
A typical job for a consultant involves promoting a product or service and building long-term business relations with clients.
They typically identify and meet clients’ requirements within their allocated territories, maintain good after-sale relations, keep records of client meetings, and provide detailed product info.
33. Security Consultant
A security consultant determines which method is best for protecting computer networks, software, data, and information systems from any potential threats.
34. Training Consultant
Staff trainers determine the skills and knowledge needed by an organization and then design courses for them. They also conduct employee evaluations and interviews to understand their current skill set and help them develop new ones.
35. Farming Consulting
With the help of modern-age technologies, farming companies have been able to grow at an exponential rate. As a farm business consultant, you will be assisting farmers to develop new farming methods that will increase their profits and production output.
Environmental Consulting Business Ideas
36. Environment Consultant
An environmentally-focused small enterprise could be a good choice for someone who enjoys working outdoors, likes to teach people about the environment, and wants to start their own company.
37. Air Quality Consulting
As an air quality consultant, your primary role is to help keep the environment clean by ensuring that no one violates any environmental regulations.
It ensures that no harmful emissions are emitted into the environment.
38. Diversity Consultant
Because there is no one way to succeed, people who come from different cultures may face some challenges when they first get started in their careers. For this and other reasons, now is an excellent time to start a business that focuses on helping others overcome these obstacles.
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Marketing & PR consulting ideas
39. Direct Mail Service Consulting
Community businesses usually use direct mail for their marketing campaigns. They target specific audiences (like restaurants, car repair shops, electronic gadget stores, etc.).
Direct mail services are a way of advertising which can be started by anyone who has access to a computer and an online connection. They can start their business from anywhere.
40. Event Management Agency
The Event Management Agency (EMA) requires excellent organizational and planning abilities. A degree in Events Management or a similar field is highly recommended, but it is not required for employment.
EMA clients include large companies, educational institutions, married couples, religious organizations, political campaigns, non-profit organizations, and many other types of businesses.
41. PR Consultant
Public Relations (PR) is an important part of business strategy. PR consultants deal with different aspects of creating a positive corporate identity for companies.
42. Corporate Tour Consultant
Being a corporate tour consultant means that you will be handling the traveling needs of companies.
43. Interior Design Consultant
Interior design has become increasingly popular among companies looking to improve their offices’ interiors. If you’re good at interior design, why not start a consulting firm specializing in interior design?
You can start a personal development business if you want to help people improve their
44. Resume Consultant
There is a huge market for professional resume writers all over the world. In the US, the average annual salary of a professional résumé writer is approximately $60,000 per year.
45. College Counseling
Students from all across the globe want to go to reputable universities. If you have a strong network with university officials, college admissions can be an excellent consulting business.
46. Investment Planning Consultant
As an investment advisor, you’ll be advising and strategizing investments for maximum optimization of client funds.
47. Mental Health Counseling
There is an increase in mental illness among people living in large cities and towns.
48. Dating Consultant
As a dating coach, you will help clients develop interpersonal skills so they can find better romantic matches in the future.
49. Life Coach
A career coach helps people with their careers by providing them with advice, guidance, and mentoring. They often provide coaching for specific skills needed in certain jobs.
50. Career Counseling
It’s become increasingly difficult for people to choose the right career because so many different types of careers exist today. A career counselor’s job is to help people decide which type of career they want to pursue.
51. Fitness Consultant
Aerobic exercises and yoga are two activities that anyone can learn. With low startup costs, you can open up your own personal training studio.
52. Skincare Consultant
Skincare consultants advise clients about colors and types of makeup and teach them makeup application techniques.
They also determined which product or color will improve the client’s skin quality and appearance. Having the right skills and know-how this can be started from home also. The market potential is huge in this segment.
53. Wedding Consultant
If you’re an experienced organizer and focus on details, then starting a business may be natural for you. Over the last 10 years, the demand for professional organizers has increased exponentially.
People are so busy juggling the details of their professional and personal life that they don’t have time to oversee the details necessary to plan the perfect wedding.
54. Image Consultant
If you’re someone who loves putting together the perfect outfits, then you might want to think about becoming a fashion or style consultant. Your clients could range from individuals looking for advice on their personal style to companies needing help with their branding.
IT Consulting Business Ideas
55. Computer Maintenance Consultant
With the increasing number of homes and offices having computers, there has been an increased demand for computer repair services. You’re responsible for monitoring and repairing computers for clients.
56. App development and management Consultant
There is an increasing need for software engineers and computer programmers.
57. Cloud Migration Consultant
Experts predict that there will be a huge increase in the need for business consulting services in the recent future.
58. Blockchain and cryptocurrency Consultant
An ICO consultant is someone who provides a wide range of specialized consulting and advisory services in the cryptocurrency and blockchain industries.
59. AI consultant
As artificial intelligence becomes increasingly important, companies are hiring AI consultants to help them improve their infrastructure, processes, and deployments.
60. IoT consultant
The internet of things industry has seen huge increases in recent years. More and more devices now get connected to the internet. The need for professional internet of things experts is expected to skyrocket.
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