Excerpt for How to Establish and Run a Successful Consulting Firm by Silvester Hwenha, available in its entirety at Smashwords

How to Establish and Run a Successful Consulting Firm



By

Silvester Hwenha

Smashwords Edition

****

Published By

Silvester Hwenha on Smashwords



How to Establish and Run a Successful Consulting Firm

Copyright 2011 by Silvester Hwenha



Smashwords Edition License Notes

This e-book is licensed for your personal enjoyment only. This e-book may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each person you share it with. If you're reading this book and did not purchase it, or it was not purchased for your use only, then you should return to Smashwords.com and purchase your own copy. Thank you for respecting the author's work.


Other books by Silvester Hwenha available at Smashwords.com

The Making of a Consultant: The Keys to Establishing a Successful Consulting Career

Strategies and Tips for a Writing Winning Technical Proposal

Consulting for Profit & Success: How to Develop a Competitive Financial Proposal

The Consultant’s Step-by-Step Guide to Implementing Consulting Projects


Table of Contents

Introduction

The Business Model

The Business Strategy

Consulting Business Management

Introduction

After years of consulting experience it comes almost naturally to be inclined towards establishing your own consulting firm. But of course there are various reasons why different people might want to set up their own firm. It might be that you work for a consulting firm and you feel that your ideas and creativity are being stifled and you need space to explore and move in new directions. Or maybe you just want to tap into those opportunities and the financial independence and flexibility that come with running your own consulting firm. You just might be feeling that you are ready to be your own boss. And why not, go for it!

Making the decision to start your own consulting firm is a giant step and a bold career move, but it is only the first step. Before you venture out too far you need to know that you are ready. Establishing a firm of any kind should not be taken lightly. It is a serious decision that requires serious thought. You have to be prepared. But how do you know that you are ready? To help you assess your preparedness you must satisfy the following conditions to some reasonable degree:

  • You have created a professional reputation as a consultant or practitioner in a your field;


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