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What are key components of a successful consulting business?

I am looking to see if my plan for a consulting business will work. What are important components of a consulting business. How do you market and find customers?

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Give your start up idea the following test:

  1. Do you have a product or service niche in mind?

  2. Do you believe you have a market for 1 above and the means to reach it?

  3. Are you willing to develop a business plan using the tool kit linked below to validate 1 and 2 above before you launch?

If the answer to the above questions is yes than take the actions indicated, observe the results, then make an informed decision on whether or not to proceed.

https://www.sba.gov/business-guide/plan-your-business/write-your-business-plan

https://www.bplans.com/sample_business_plans.php

When you launch if your plan risk analysis indicates high early challenges, phase into them gradually while retaining your present employment. As the business matures and your risks are mitigated, cut over to full time and resign your old position when you are comfortable doing so.

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