A: The tools, processes and materials of a consultancy business

I often talk with prospective consultants about how to go about setting themselves up as a consultant. The somewhat unbounded question I try to answer for them is ‘what are all the things I should think about to set up and run a consultancy?’. Although I have titled this section ‘tools, processes and materials’ the list is broader than that. I catalogue a variety of things to consider, without defining them in detail. This is not an exhaustive list, but it contains most of the essentials.

The level of formality with which a business is run varies from a one-person, self-owned business through to a major consultancy with thousands of staff and many partners. In principle, the mechanics ...

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