starting a business

Legal and Administrative Requirements

Business Planning

  • Identify the specific consulting services you will offer
  • Determine the target market or industry you will focus on
  • Gather information on the consulting industry and current market trends
  • Identify and analyze competitors in your target market
  • Outline your business goals, mission, and vision
  • Define your unique selling proposition and competitive advantage
  • Detail your marketing, sales, and operational strategies
  • Include financial projections, budgets, and key performance indicators
  • Identify specific, measurable, attainable, relevant, and time-bound (SMART) goals
  • Define objectives that align with your business plan and support your long-term vision
  • Identify your target audience and develop a marketing message that resonates with them
  • Outline the channels and tactics you will use to reach and engage your target market
  • Define your sales process and establish metrics for tracking sales performance
  • Research industry standards and competitor pricing
  • Consider factors such as your expertise, value delivered, and market demand
  • Establish pricing models and fee structures that align with your value proposition
  • Create a financial forecast that includes revenue projections, expenses, and cash flow
  • Determine your startup costs and ongoing operational expenses
  • Develop a budget that outlines your planned expenses and revenue targets

Operational Setup

Branding and Marketing

Financial Management

Client Acquisition and Retention

Continuous Improvement

Related Checklists