Business consultants analyze the processes and efficiency of a company. They identify potential problems and design business strategies for tackling them. They create business plans, increasing the potential of the company, and advise on the most cost-effective ways to achieve realistic business goals.
Business consultants work in a variety of sectors from healthcare to manufacturing, human resources, or financing. They do, however, tend to specialize in one area or another. Often they are self-employed, providing their services to a number of different clients, or they might be permanent employees at a firm. Either way, their job is essentially to listen and understand the company's particular needs.
Starting a consultancy business seems like an attractive solution to many who prefer to be their own bosses. Charging more for your services than you think you should as a freelance consultant gives you credibility and generates trust in your clients toward your services. That is one ground rule that will not be very painful to stick to, right?
There is more than meets the eye when it comes to being a business consultant. For example, did you know that they make an average of $41.05 an hour? That's $85,391 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
There are certain skills that many business consultants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and interpersonal skills.
If you're interested in becoming a business consultant, one of the first things to consider is how much education you need. We've determined that 67.1% of business consultants have a bachelor's degree. In terms of higher education levels, we found that 18.7% of business consultants have master's degrees. Even though most business consultants have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a business consultant. When we researched the most common majors for a business consultant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on business consultant resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a business consultant. In fact, many business consultant jobs require experience in a role such as business analyst. Meanwhile, many business consultants also have previous career experience in roles such as consultant or general manager.