Business Idea: Start A Consulting Business in 2024
Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.
If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.
Revenue & Profitability
How much do consulting businesses make?
- On average, successful consulting businesses report $1.46M/year in revenue.
- 87% of consulting businesses report being profitable.
Learn more about how much money consulting businesses make.
Startup Costs
How much does it cost to start a consulting business?
- It can cost as low as $9 to start a consulting business.
- It can cost as high as $82,500 to start a consulting business.
Learn more about the costs of a consulting business.
Examples Of Successful Consulting Businesses
Successful consulting business businesses and case studies
Asian-focused consulting firm Dezan Shira & Associates, founded in Hong Kong in 1992, has expanded to include 28 offices and a client base of several thousand companies with US$20 million in annual turnover, handling about US$8 billion in foreign investment into Asia, by determined hard work and creativity in marketing, billing structure and hiring equity-dependent staff.
Learn how Alex Albarran grew his online marketing and business consulting company to achieve a gross revenue of $541k per month, with 3x revenue growth over 15 months, and a team of 8 members, while helping entrepreneurs close the gap between where they are and where they want to be in their business, life, and wealth.
See full list of successful consulting businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
