How To Start Your Own Women Initiative Consulting

By Elizabeth Graham


In order to be a private consultant, there are many things that you have to meet. First of all, you need clients, peers or an employer who can support you. They can be able to assure people that you are qualified to work with them. These people should have known you for at least a decade. Below is a guide to starting a firm for women initiative consulting.

Make sure that you have a relationship with other professionals. This way, whenever they need to refer a client to someone for whatever reason, you will be the first person they think of. They will market you, but you also need to market yourself. You should come up with strategies to lure clients and make them feel that you really care about helping them.

If you are currently employed, you should have a sit-down with your boss. Explain to them why you are starting your own practice and that you have no intentions of stealing any of the clients from the company. This is better compared to if you just decide to leave without saying a thing. If your boss is listed as one of your referees, you can be assured of no clients for you.

You should know how to handle your cash. As you start, you may be the only person at your office. You may start by drawing up weekly invoices. As you advance, you can move on to monthly. You should be able to account for how the money is being used. If you foresee a decrease in profit, then it is better to steer clear of private practice.

Eventually, you will need a company website and a logo. This are however not an immediate necessity. You can start out with only a name first. When the practice looks promising, then you can invest in having a website made and have your logo printed out on various material. Doing all this first may be a waste especially if the business does not prosper.

Considering this is a business, you should seek as much help as you possibly can. Many people might decide to do it all on their own. This may really backfire on you. It is better to involve peers, mentors, and all the available parties. They will help you to come up with words to express the services you are offering. Chances are high your first client will come from them.

Get insurance for your practice. Shop around and look at the cover that will be most suitable for you. Insurance is always necessary for any business. It covers you from any kind of trouble that may arise. For example, if your office building catches fire and you lose everything, the insurance cover will be able to cover you for all the damage incurred.

Hire a lawyer to give you advice on how to go about taxes. You do not want to be getting In trouble with the law on your first try. You may also need to hire someone to deal with finance or just have a close associate fill in before you find the right person for the job.




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