Make Money: How to Become a Freelance Consultant

Updated on: by Miranda Grimm

How to make money online with your own consulting business.Ever considered making money from your expertise and pursuing a career in freelance consulting? If you have a lot of knowledge about a certain topic, or have gained experience working in the same field for several years, you could become a consultant. Here are some top tips for starting your own successful and profitable consultancy business from home.

Need Easy Extra $350+/Month For Free?

  • SwagBucks: Watch videos, take surveys, shop and more to earn real money. Earn up to $35 per survey! No hidden fees and completely free. Join Swagbucks Now to Get $5 Free
  • InboxDollars: Has so far paid its members over $40 Million. Watch videos, take surveys, shop and more. Join InboxDollars Now and Get Free $5
  • SurveyJunkie: Make $5-$25 in your spare time from home to take online surveys, participating in a Focus Groups and trying new products. Join SurveyJunkie Now
  • Branded Surveys: Complete online surveys. Collect points. Redeem your points for cash & gift cards. No hidden fees and completely free! Has so far paid its members over $18 Million. Join Branded Surveys Now

 

Find Your Niche and Learn More About It

You’ll probably already know your niche and what field you are considering freelancing in. It may be that you have worked in one particular sector for many years, or you just have specialist and detailed knowledge about one topic. Once you have decided on your consultancy niche, you must conduct thorough research. You may think you know everything about your niche, but there are likely to be things you do not know or are not yet aware of. It does not hurt to learn extensive information about the field you are consulting in and be fully prepared.

 

Who is Your Target Market?

Who is the intended market for your consultancy service? What are their needs and particular wants? It is vital to undertake a detailed study about your target market before taking on any paid consultancy work. Why is this so important? Because if you choose the wrong market or don’t fully understand the needs and desires of your customer base, your freelance consultancy business model will fall apart.

 

Be Legal

If you do not have the right credentials, certificates or licenses necessary to do the job, there’s no point in taking on paid work. For consultants in some fields, such as accountancy and medicine, it is a legal requirement to have licenses and credentials in order to act as a consultant. Some consultants, such as gardening consultants, do not need any legal credentials at all. Make sure you know what you need to legally be a consultant in your chosen field.

 

Networking is Key

If you have no contacts in your chosen field and nobody knows you, it will be a struggle to find work. Networking is imperative for any freelance consultant, and maintaining and expanding your customer base should be your primary aim. Build your business contacts by starting with associates from previous jobs you had within your field, as well as family and friends. Use social media sites, such as Twitter and LinkedIn, to connect with potential clients and create quality business links that will help to raise your status as a reputable consultant.

 

Price Yourself Right

Avoid setting the fees for your specialist consultancy services too cheaply. You should price yourself competitively and reasonably, and as your reputation and your client base increases, so should your fees.

 

A Few Websites to List Your Consulting Services

Related Posts:

Earn Everything… nearly!

Join Ipsos iSay, one of the few Faithful and Honest survey panels and earn prizes, gift cards and donations. Stack your points and redeem them: Simple! No hidden fees and completely free!

Join Ipsos Now

Need Easy Extra Cash?

Pinecone Research, a leading name in online survey panel honesty, absolutely guarantees $3 cash for every survey you complete!
Take advantage of their time limited New Membership drive and register NOW. Join today: 100% free!

Join Pinecone Research Now

Comments

Click here to post a comment...
Post comment

rjweaver10

August 24, 2014 at 10:19 pm

Great tips Miranda!