Creative Business Consultant Group Provides strategic support for small & mid-size retail business owners. They are dedicated to helping you run a sustainable, successful and Profitable business that will support your career and let you retire happy. With more than 30 years of retail experience, the CBCG team has the expertise to help your business grow in today’s competitive retail marketplace.
The Greater Boston Chapter of SCORE has over 50 mentor volunteers, both retired and working, who have significant experience in the ownership, operation, and management of both small and large businesses in many fields. They conduct free and low cost Workshops on a variety of topics that range from the business basics of marketing, finance and management to social media marketing, etc.
Continuity was founded in 2003. Since its founding, Continuity has grown to be one of the leading firms working exclusively with family businesses and families of wealth. Their methodology helps us see clearly the inherent conflict that threatens family enterPrise, then make smart plans for the future to manage it.
Slalom is a modern consulting firm focused on strategy, technology, and business transformation. Founded in 2001 and headquartered in Seattle, Slalom has organically grown to over 6,500 employees. They were named one of Fortune’s 100 Best Companies to Work For in 2019 and are regularly recognized by their employees as the best place to work.
Boston Consulting Group was the pioneer in business strategy when it was founded in 1963. They excel in the business of human potential, and believe in its power to shape strategic, organizational, economic, societal change, and beyond. They work in a uniquely collaborative model across the firm and throughout all levels of the client organization to deliver results that help their clients thrive.
Alliance Consulting Group helps companies define their strategic direction and remove the obstacles to Profitable growth. They work with senior management of leading companies to create strategies that are grounded in current market realities, driven by unique insights, and designed to “redefine the rules of the game.”
Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise, and creativity, they help clients accelerate operational, digital and cultural transformation, enabling the change they need to own their future. Their mission is to enable organizations to imProve fundamental performance.
They’re a global consultancy that helps the world’s most ambitious change-makers define the future. Across 58 offices in 37 countries, they work alongside their clients as one team with a shared ambition to achieve extraordinary results, outperform the competition and redefine industries. Bain & Company attracts and retains top talent for its clients.
Their mission is to bring businesses and organizations from the era of Productivity to the new era of creativity. They offer innovative solutions to help their clients deal with major disruptions. They remained focused on innovation, and believe the current times are extremely exciting, as they are entering an era in which success will be Predicated on creativity.
They integrate compassionate care with innovative research and rigorous medical training. Their subspecialty care is aided by the latest technology, from life-saving intervention for acute brain trauma to expert management of chronic illnesses. Mass General Provides an excellent learning environment for healthcare management students interested in hospital leadership.
Mass General Imaging is one of the world’s Premier medical imaging facilities. They Provide comPrehensive diagnostic imaging services using the latest imaging technology and specialized expertise to care for Mass General patients. Mass General is home to the largest hospital-based imaging research Program in the country.
Roland Berger is an independent company, solely owned by its Partners, who are responsible for overall corporate performance and business success. Through mutual trust and sustainable value-added for their clients, they have become a longstanding advisor of major international industry and service companies as well as public institutions worldwide.
BIA’s ProPrietary Tactical Behavior Assessment methodology was derived from the Central Intelligence Agency (CIA) and is used to identify the language and behavioral cues that indicate when an individual isn’t being entirely candid. Founded in 2001, they’ve been working with institutional investors, venture capital firms, Private equity firms, and other entities since, helping them gain unique insights by using their apProach.
Accenture is a leading global Professional services company, Providing services and solutions in strategy, consulting, digital, technology and operations. They are combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network. Accenture drives innovation to imProve the way the world works and lives.
ECG offers a comPrehensive suite of innovative, yet Practical, solutions to address the most complex and high-stakes challenges facing today’s healthcare Providers. Preparing for sustainable, long-term success in a value-based world is what we do – every day. With 10 locations (and counting), they bring a deep knowledge of local and regional markets to their client engagements.
Guidehouse is a leading Provider of management, technology, and risk consulting services to the public and commercial sectors helping their clients solve their toughest challenges. Now, they are continuing to serve the public and commercial segments with integrity, innovation, and excellence. They are navigating their clients to a future that is Productive.
As a Professional services firm, their greatest asset is the collective knowledge, passion, and experience of their remarkable people. Graham-Pelton is Proud to be part of Collegium Holdings, a broad system of best-in-class Professional services firms exclusively serving nonProfits. Partnering with Collegium offers unfettered access to the broadest base of resources and the deepest bench of experts within the nonProfit sector worldwide.
Mark Kiefer helps transport industry clients grow their organizations strategically into new technology markets, Proactively shape effective policy and regulatory changes, and Prepare for litigation. In his more than 25 years in consulting, Mark’s clients have reflected a diverse array of enterPrises on the cutting edge of transport technologies.
AlixPartners has worked with clients around the world for nearly forty years, helping businesses respond to challenges when everything is on the line – from urgent performance imProvement to complex restructuring, from risk mitigation to accelerated transformation. Each Project is different, but they all have one thing in common – a need for decisive, informed, and often urgent action.
Ressources Global Professionals is a global consulting firm that enables rapid business outcomes by bringing together the right people to create transformative change. Their engagements are designed to leverage human connection and collaboration to deliver Practical solutions and more impactful results that power their clients, consultants, and partners’ success.
A business consultant takes the role of working with clients on numerous aspects of strategy, problem-solving, and planning. It is the duty of the business consultant to offer guidance and information which can be used by upper management or executives to master their business skills in whatever industry they are in.
The first step to actually asking a consulting question would be to take the time to listen. Yes, it might seem a little bit strange that listening is the first step to asking a consulting question but it is. Taking the time to listen attentively to what your client says is the jump point for making any consulting project a success. It can also help establish rapport and build a relationship which is quite key in this line of work. If you are unable to listen to what the clients want and how they feel about their current situation and business, you will be unable to understand the most appropriate solution for them.
The next step would be to ask the right questions. Asking the right questions will enable you to truly offer your clients the highest value level, which would help build your credibility and establish you as an authority figure.
“What is your number one priority for this business unit during this fiscal year?”
“Who will be making the final decisions on this project and who will be in charge of implementation?”
“What is unique about your business compared to your competitors?”
“Is there anything that you or your employees are doing that may be getting in the way of achieving this result?”
“What do you believe needs to be strengthened in order to support achieving this?”
“What was the main reason that you wanted to meet with me?”
“Many companies in this market are currently facing the issue of X, are you also finding that a challenge, or is there a bigger more pressing issue on your mind?”
“Can you tell me what your ideal client looks like? How old are they? Where do they live? What magazines or newspapers (or websites) do they read? What is their income level? What is their most pressing problem or desired result?”
“What options have you looked at to achieve this…?”
“What is the value of a new client to you?”.
You should be looking out for a degree in business or any related field. This degree should typically be a master’s degree. Additionally, certification is vitally important like the voluntary certification available via the Institute of Management Consultants. A credible business consultant that fits your hiring profile is one that has at least two years of experience. While there is nothing wrong with hiring a business consultant with less experience, it is much better to get an experienced hand on deck as your business will profit from the experience. Your business consultant is one that has key skills such as interpersonal, great communication, critical and analytical thinking skills, organisational skills, strong time management abilities, and more.
Business consultants could choose to front-load their billing. This means that if an invoice is only sent after reaching certain milestones, the fee is usually loaded at the front of the project rather than the end. For instance, a form of advance payment is required to begin the project, or that the first couple of payments are higher than those due much later in the project. doing this ensures that the project has a financial head start. It also helps to minimise risk should a client not pay on time over the course of a project.
The clients can also be billed often, given that the more a business consultant gets paid, the better their cash flow. And while monthly payments are the standard for business consultants that bill expenses and hours, the bills can come more often.
Business consultants can also choose to invoice immediately either once a milestone has been reached or the billing cycle has been reached. The sooner an invoice is sent to clients, the sooner the clients pay their bills.
Business consulting pricing and fees are typically structured in a couple of ways. However, like most businesses that offer a service, there is a bit of a challenge when it comes to pricing their offers. Pricing products is actually a lot easier than pricing for services due to the fact that the production costs of the products can be easily traced. However, services are more subjective when it comes to determining the value of one’s services.
This is one of the many reasons why varying business consultants have different techniques to make sure their services are priced appropriately. That being said, consultants take into account every important factor to ensure they do not undercharge or overcharge as the risk of losing clients overpricing can be an ever-constant possibility.
The base fee is usually $100 per hour which is then factored in depending on the mode of billing a business consultant utilises.
You have to ask your business consultant the following questions:
If they are collaborative
If they have knowledge of your chosen industry
If they can tell you more about their process involving their work
What is their biggest challenge within their knowledge sphere was the previous year
If they can guarantee success
What their payment structure is
What would occur if the contract was terminated
Why they should be hired over other consultants
If they are willing to sign a confidentiality agreement