Do companies need a business consultant? There are factories, mall owners, and business owners who hire a business consultant. What for? Logically speaking business consultants are experts. They study how to protect businesses, and give advice and notifications after seeing the inventories. They serve as professional advisors to help the companies achieve their goals or streamline operations in a particular area of business such as sales, IT, finance, marketing, supply chain management, and security. ( www.bestcolleges.com) You might be qualified to apply as a business consultant. Try it if you are qualified, The fee is very good from $45 to $150 per hour. Wow!!
Does a business consultant receive a lucrative pay?
- Thread starter Starmix
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- #3
Really? How nice to be a business consultant. The pay is so big just imagine per hourly rate not monthly. One can become rich by being a business consultant. That consultant might be a Certified Public Accountant and Master in Business administration.
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- #5
That is abuse. They should have a common law on the rate of a business consultant. They should not go beyond what is legal. Anyway, those rich may never care about how much they would pay. they are after the solution to their business problem.
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- #7
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But there is an agency or department responsible to answer the woes of the people. The government is also very busy and it has its governing bodies that assist the government like the Department of Justice.
They do make big but that also depends upon how skilled they are but normally they are good and make good money and with experience and more skills their earnings keep on increasing and mostly they work on day basis like on a contract of 7 days or 10 days
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- #10
Yes it's so nice. Let's inquire about the qualifications of a business consultant. I'll ask my friend, an MBA if he's hired as a business consultant and the possible skills or requirements needed. I'll update you.
This is not a business and is a profession so if you are skilled then you can work as a business consultant and bigger companies hire them to get good results in business and to achieve success and reach targets and are mostly hired for shorter periods
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- #13
You're so right, business owners just wait prettily the good results or proposals for improvement from the hired business consultant. Business owner feels safe and secure.
Sure, business consultants are almost like business mentors you get a whole of security from them. for your business as they have the right knowledge needed for businesses.
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- #15
Absolutely, business owners lack expertise they have big capital, but their minds are occupied, so they can't take of a better way in case sudden business problem arises that requires a consultant. Those famous consultants surely get many clients. Just imagine the pay which is hourly.
Yeah they will because it is their job so they will take it seriously to avoid losing clients. But you know some business owners are even novice in the business. So they need consultants to survive.
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- #17
So true, they're afraid to fall down to bankruptcy. They have to spend money to have a business consultant in case its business turned down or having less profit.
In determining the fee rate, the consulting business is not much different from that of a public accountant. There is no standard hourly fee, but it depends on the level of complexity of the problem, as well as the size of the company, which will also determine the fee rate. Becoming a consulting business is not easy besides the qualification requirements that must be met, you also have to have a permit from the government. The consulting business does not work alone, it will be assisted by several professional employees.
Yeah that's the whole essence of the consultants. Business failure can be very frustrating so one needs to guard it jealously.
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- #20
Those business men having mistresses suffer in the long run. They may not hold control of their expenses and soon the company protection money might disappear and a business consultant may advise closure or bankruptcy.
