Business consultant explained

A business consultant (from Latin consultare, "to discuss") is a professional who provides professional or expert advice[1] or service in a particular area such as security (electronic or physical), management, accountancy, law, human resources, marketing (and public relations), financial control, engineering, science, digital transformation, exit planning or any of many other specialized fields.

A consultant is usually an expert or a professional in a specific field and has a wide area of knowledge in a specific subject. Consultants can save their clients time, increase revenue, and maintain resources.[2] The role of a consultant outside the medical sphere (where the term is used specifically for a grade of doctor) can fall under one of two general categories:

The overall impact of a consultant is that clients have access to deeper levels of expertise than would be feasible for them to retain in-house, and may purchase only as much service from the outside consultant as desired.

In the United Kingdom between 1992 and 2011, government funding provided via Business Link could be used to enable small businesses to access business consultancy services.[3]

We’re more than just consultants, we’re your dedicated partners on the journey to business success. Our expert team of accountants and tax advisors, combined with cutting-edge technology, makes compliance simple, so you can focus on growth.[4]

Research

A large-scale survey of business consultancy assignments, reported in 2004, found that repeat business and referrals from third parties were key determinants of consultant appointments.

Further reading

Notes and References

  1. Web site: Consultant | Define Consultant at Dictionary.com . Dictionary.reference.com . 2004-03-09 . 2014-07-20.
  2. Tordoir, Pieter P. (1995). The professional knowledge economy: the management and integration services in business organizations, p. 140.
  3. Bennett, R. J. and Smith, C., The Selection and Control of Management Consultants by Small Business Clients, International Small Business Journal, 22(5), pp. 435-462, accessed on 18 July 2024
  4. Web site: Business Consultancy . https://sidekick.pk/. 18 August 2024 .