Are you about writing a consulting firm business plan? If YES, here is a sample consulting firm business plan SWOT analysis that exposes the strength, weakness, opportunities and threats of starting a consulting firm.
- Executive Summary
- Market Analysis
- SWOT Analysis
- Financial Projection
- Marketing Plan
- Marketing ideas & Strategies
Consulting Firm Business Plan SWOT – Economic Analysis
If you are looking for a business that requires less stress and perhaps minimal start – up capital to start, you can consider starting a consulting business. The cost of running a consulting firm when compared to the turnover you get can be poles apart (this is applicable when you have been able to establish your feet in the industry).
No doubt before you will be able to establish your feet in the consulting industry, you would have spent loads of cash acquiring education; trainings and certifications et al. which is why organizations ensures that they screen the qualifications of consultants before awarding them contracts.
Consulting Firm Business Plan SWOT Analysis Sample
Denzel and McPherson Consulting, LLP engaged the services of a core professional in the area of business consulting and structuring to assist the firm in building a solid consulting firm that can favorably compete in the highly competitive consulting industry.
Part of what our team of business consultant did was to work with the management of the firm in conducting a SWOT analysis for Denzel and McPherson Consulting, LLP.
Here is a summary from the result of the SWOT analysis that was conducted on behalf of Denzel and McPherson Consulting, LLP;
Our core strength lies in the power of our team; our workforce. We have a team that can go all the way to give our clients value for their money. We are well positioned and we know we will attract loads of clients from the first day we open our doors for business.
As a new business consulting firm, it might take some time for our organization to break into the market; that is perhaps our major weakness.
The opportunities in the consulting industry are massive and we are ready to take advantage of any opportunity that comes our way.
Some of the threats that we are likely going to face as a consulting firm operating in the United States are unfavorable government policies, the arrival of a competitor within our location of operations and global economic downturn which usually affects purchasing power. There is hardly anything we could do as regards these threats other than to be optimistic that things will continue to work for our good.