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Consulting Foundations

Consulting Foundations

1h 35mBeginner2018-01-24

Authors

Mike Figliuolo

Mike Figliuolo

Founder and Managing Director of thoughtLEADERS, LLC

Course details

Consulting is a top-paying, high-growth career path that comes with benefits like being able to set your own schedule and define the type of work you do. Whether you want to make the move into the consulting field or become more established and competitive as a consultant, this course can help you both set up and manage a consulting business. Join Mike Figliuolo as he covers the critically important components of consulting—including marketing, selling, contracting, managing engagements, and business administration. Learn how to optimize the time and effort you spend, follow best practices, and avoid common pitfalls. He shares instructions and insights related to expanding client relationships, running engagements, responding to RFPs, protecting intellectual property, getting licensed, and more.

Learning objectives
Identify types of consulting business models.
Describe revenue models.
Explain how to estimate and manage costs.
Price services using pricing strategies.
Explain how to negotiate deals with clients.
List effects of responding to RFPs.
Identify the phases of constructing a consulting engagement.
Present findings and implement recommendations.
Describe different ways to manage legal issues.

Skills covered

EntrepreneurshipSmall Business and EntrepreneurshipFoundations

Concepts

0. Introduction

  • 01 - Welcome
  • 02 - Introduction to consulting foundations
  • 03 - Using this course

1. Define Your Consulting Business

  • 04 - Determine the work you do
  • 05 - Understand your revenue model
  • 06 - Manage your cost structure
  • 07 - Build your organization

2. Marketing and Selling

  • 08 - Market your services
  • 09 - Manage marketing platforms
  • 10 - Sell your services
  • 11 - Expand client relationships

3. Contract and Protect Yourself

  • 12 - Contract projects with clients
  • 13 - Price your services
  • 14 - Using pricing strategies
  • 15 - Negotiate the deal
  • 16 - Protect intellectual property
  • 17 - License your intellectual property
  • 18 - Respond to RFPs

4. Run the Consulting Engagement

  • 19 - Structure a consulting engagement
  • 20 - Form the team
  • 21 - Manage clients
  • 22 - Handle conflict and build buy-in
  • 23 - Run the consulting engagement
  • 24 - Present the findings
  • 25 - Implement recommendations

5. Handle Administration

  • 26 - Manage client legal issues
  • 27 - Manage team legal issues
  • 28 - Conduct financial activities
  • 29 - Manage taxes
  • 30 - Contract with vendors and employees
  • 31 - Manage employee issues
  • 32 - Insure your business
  • 33 - Get licensed and certified
  • 34 - Get support

Conclusion

  • 35 - Avoid pitfalls
  • 36 - Next steps

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