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Saturday, April 08, 2006

Tips for Succeeding as an IT Consultant

Technological advances have made IT consultant work a viable option for many with computer skills. Though starting a life as an IT consultant, like making any other business move involves risks, it has many benefits. As an IT consultant just starting out, you will undoubtedly run into the situation of having the expertise but no clients. By adhering to the following tips, you can be successfully self-employed as an IT consultant.

THE IMPORTANCE OF MARKETING

Word-of-mouth is not a good enough strategy for obtaining continued business. You need to put a concerted effort into marketing and advertising persistently, because the IT consultant world is incredibly competitive. If you offer unique services, you will set yourself apart from your business rivals and attract more business.

A marketing firm is a viable option for a start-up and can help steer your course by giving you radio or television spots or handling magazine/newspaper ads and press releases. Though this idea may seem like a large investment at the beginning, in the long run it could be invaluable and save you precious time.

THE BUSINESS PLAN

You need a clear business plan from the beginning with a definition of goals and objectives and of the products and services you will give clients as an IT consultant. Decide important elements such as how much your rates will be and how you will go about charging customers.

You will need to tailor-make a marketing and ad campaign for your target audience and track this campaign to determine the best and most productive techniques.

Your budget will be the most important element of your business plan, and you will need a cushion of approximately 25% of the budget to prepare for surprise costs.

PATIENCE AND TIME FOR GROWTH

IT consultants are in high demand, but every business needs time to grow. Get the funding in place to bring you through the initial ebbs and flows and keep in mind that it can take anywhere from several months to a year to really build your business to a comfortable level. You should find a mentor to help you – someone who has been through the process of starting a business before.

Becoming an IT consultant can be profitable and interesting. By creating a business plan, focusing on marketing and allowing time for the business to grow you can find the right path for you.

Created By: Joshua Feinberg