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A consultant is a professional with specialized knowledge who assists businesses with their endeavors.
Consultants are knowledgeable because of their education and previous experience. Additionally, business consultants provide management consulting to help organizations improve their performance, communications, efficiency, and profitability. These professionals analyze key aspects and create solutions while assisting companies to meet their goals.
At KD Consulting, you gain an experienced professional on your team whose sole role is to create change and progress for your business and brand.
Hiring a business consultant isn’t a one-size-fits-all solution; however, if your business or brand struggles with its brand perspective, profits, performance, or persuasion, it’s a good idea to seek an established expert.
For example, running a small business or entrepreneur is challenging because of the sheer number of tasks it takes to succeed. From accounting to human resources to technical support, it’s almost impossible for business owners to do it all themselves. But, thanks to the ease of hiring consultants, they don’t have to figure out everything independently.
Consultants offer a wide range of services, with benefits that make a great impact, like:
Providing expertise in a specific market.
Identifying problems or inefficiencies.
Supplementing existing staff.
Initiating change in processes.
Providing unbiased objectivity.
Reviving an organization.
Creating a new business.
Influencing key stakeholders and community.
Most consultants use a proven process to create impact and the best client outcomes. By discovering the inefficiencies or weaknesses keeping a business from reaching its full potential, effective consulting will uncover, develop, and help implement fundamental changes that will grow your business.
1. Discovery - The first step for any consultant is the discovery phase, where the goal is to learn about who or what you represent and the purpose of your product or service. A good business consultant takes the time to learn as much as possible about the brand, its key stakeholders, processes, competitors, and its mission.
2. Evaluation - Once the business consultant has developed an in-depth understanding, they enter the evaluation phase to identify where change is needed. This phase includes identifying your brand's strengths, weaknesses, opportunities, and current and foreseeable problems.
3. Implementation - Once your business and the consultant agree on a plan, the consultant should enter the third phase: the restructuring stage or implementation of the plan. In this phase, the consultant builds on your assets and eliminates liabilities. They also monitor the plan's progress and adjust it as needed.
Consulting is a specialized, professional service. You benefit from having an expert in their field and collective experience. The real question is, how much would it cost your business if you didn't hire a consultant?
But, to plan and budget, the average rate is $100 per consulting session or $500+ supporting your project SOW. A project may take a single session or a planned schedule with phases, deliverables, and deadlines from weeks to months. Additionally, many consultants offer support services called a "Retainer" to have them readily available to you and your team as a continued relationship to receive guidance as needed.
Most consultants will be able to quickly identify the key focus areas and create a definitive project with a timeline and budget to research, develop, and grow your business.
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