Looking out to hire startup consultants for your team? Need to know how and where to find the best candidates? Here is a comprehensive guide to finding the best startup consultants. Read on!
Do you have an amazing business idea in your mind? Do you have the idea, but you don’t know how to execute it? If yes, you need a good business startup consultant. A startup consultant can be your hired gun who has the needed expertise and experience to advise you about your business plan.
Thus, you will be able to save your time, money, and energy by hiring a startup consultant. The biggest benefit of hiring startup business consultants is that they can work for you as well as provide training about what needs to be done.
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Hiring market for startup consultants
The consultancy market is booming because of the popping of a new startup every other day. As per an analysis, it has been found that the market for startup consulting firms has grown up to $250 billion.
There are more than 7,00 000 consulting firms offering consultation to startups and other businesses all over the world. No matter if its strategy, panning, tax, finance, or IT, startup consultants are the staple of corporate life.
From deciding about the strategy to working as an additional pair of hands for businesses, consultants today are linked to the success of many startups. At the present time, the startup consultant market is at its peak stage.
If you want your newly launched startup to grow at an unprecedented scale, you definitely need a startup consultant for your business. In the field of business strategy, a good startup consultant can make or break your business. Thus, we have come up with the best tips that will help you in hiring the best startup consultants.
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Top 15 job titles for startup consultants
Following are some of the job titles you need to know to hire the best startup business consultant for your new startup.
1. General Startup Consultant
General consultants have expertise in different fields. They offer services to startups to help them make overall improvements. The average salary of general consultants is $61,984 per annum. A general consultant can help you in different areas related to your newly launched startup.
2.Specialist Startup Consultant
If you are looking for startup business consulting services, you need to be sure about the services and tasks you expect. Specialist consultants have knowledge in specific fields, and they can also have certification for specific tasks. The average annual salary of specialist consultants is $62,830 per annum.
3. Environmental Startup Consultant
If your business is concerned with environmental footprints, or you just want to do good for the environment, you need a good environmental consultant who can help you in understanding different environmental laws and regulations. The average salary that you have to pay to an environmental consultant is $71,360 per annum.
4. Startup Financial Consultant
For startups who are looking for startup business consultants who have the needed skills and knowledge about financial and economic matters, hiring a financial consultant can be the perfect choice to make. The average annual salary expected by a financial consultant is $84,331.
5. Foreclosure Consultant
Foreclosure consultant refers to a classification of startup consulting services, which will help your business with solicitation, representation, and compensation-related matters. They can also help you obtain loans or advance funds. The average salary expected by a foreclosure consultant is $77,368 per annum.
6. Startup HR Consultant
You can’t have success in your business if you don’t hire people with the right skills and expertise. Thus, an HR Consultant can help you in hiring suitable candidates for the job. If you want your company to climb the ladder of success, make sure to hire a good HR consultant. The average salary expected by an HR consultant is $67,689 per annum.
7. Startup Employment Specialist Consultant
An employment specialist consultant can choose the right people for your business. The people they choose are as per the demand and budget of your business. They also provide training to employees and help them get the needed skills so that your business can prosper. The average salary demanded by an employment specialist consultant in the USA is $37,416 per annum.
8. Startup Human Capital Consultant
If you are looking for a startup business consultant, it is important to look for a human capital consultant. Hiring a human capital consultant will help your business to work on challenging projects across a wide range of sectors and geographies. It can help you harness the true potential of your employees and their skills.
9. Startup Recruitment Consultant
If you don’t have an in-house recruitment system, you can also look for a recruitment consultant who can act as an intermediary between your organization and an individual seeking employment in a startup. The average annual salary received by a recruitment consultant is $97,500.
10. Startup Business Consultant
Business consultants are mostly hired to handle challenging circumstances faced by an organization. You can look for different Business startup consulting firms to hire the best business consultant who can help you in your business transition and expansion. The average salary that you have to pay a business consultant in the United States is $77,368 per annum.
11. Cybersecurity Strategy Consultant
In the present digital age, your organization definitely needs a cybersecurity strategy consultant who can help your organization develop the best cybersecurity strategies as per the needs of your startup. The average salary payable to a cybersecurity strategy consultant in the United States is $186,500 per annum.
12. Field Technical Consultant
If you have a startup that works in the IT sector, you will definitely need a field technical consultant. The main function of a Field Technical consultant is to provide the organization with IT support so that they can work with maximum efficiency.
13. Startup Political Consultant
The Political consultant of your startup can work as a public relations specialist who can help you frame a strategy that can be helpful in maintaining public relations with maximum efficiency. The average salary demanded by a political consultant is $66,272 per annum.
14. Startup Advertising Consultant
Every business needs different ways to advertise its products and services. Thus, an advertising consultant can help your startup at each stage of the advertisement. From planning for the best advertisement to looking for the best advertisement, an advertising consultant can help you at each step of the process.
15. Startup Business Analyst
Start-up business consulting also needs a good business analyst who can analyze your business domain and can offer you a perfect strategy. The average salary demanded by business analysts in the USA is $76,729 per annum.
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Qualifications to look for in Startup Consultants
A startup consultant is someone who can be called a problem solver for a budding business. The basic qualification that you must check in a startup consultant should be a graduation degree. A startup consultant needs to have the problem-solving ability, analytical skills, and complete knowledge and understanding of the business domain you are working in.
If you want your business to get the needed boost, you can also look for people who have completed an MBA in the domain. Following is the list of the best colleges that will help you get the best startup consultants for your new business.
| Colleges | Location |
| INSEAD | France |
| London Business School | London |
| Yale School of Management | Connecticut |
| Columbia Business School | New York |
| Duke Fuqua School of business | North Carolina |
| University of Virginia | Virginia |
| MIT Sloan School of management | Massachusetts |
| Chicago Booth School of Business | Illinois |
| Michigan Ross Business School | Michigan |
| North Western University | Illinois |
So, choose MBA graduates from any of these business schools if you are looking to hire start consultants.
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Skills to look for in startup consultants
- Academic success – If you are looking to hire consultants online, make sure to get details about the academic performance of the candidate. The academic history of the candidate will let you know about the ability to learn as well as the ability to graft.
- Work experience – Try to look for a startup marketing consultant who has some prior experience working in your business domain. This way, you will be able to know that the candidate can be an asset to your firm.
- Leadership initiative – If you are looking for a small business startup consulting, make sure that the candidate can take up leadership roles. The person should be well-qualified to take up responsibilities and have an intuition for leading a team.
- Presentation skills – Presentation skills are one of the essential criteria that you need to check when you are hiring a startup consultant for your business. Make sure that the candidate has the needed technical knowledge about the domain you are working in.
- Commercial awareness – It is important to hire a startup consultant who has complete knowledge about the industry and domain you are working for. Try to know if the consultant you are choosing has adequate knowledge about the hot topics of the industry.
- Communicator – It is also important to know if the startup business consultant has the best communication skills or not. Communication is central to a consultant’s day job.
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Certifications to look for in startup consultants
In addition to an MBA or a management degree, it is also important for consultants to have certain important certifications. Following are some of the best small business startup consulting certifications that every startup consultant needs to have.
- Certified management consultant – Try to look for a startup consultant who has the CMS certification as the certification provides detailed knowledge about e-Commerce and the associated areas.
- Project management certification – When you choose a consultant from the start up consulting firms, they need to get involved in a variety of projects. Thus, the project management certification will enable them to get the needed knowledge and skills for project management.
- Programming certification – If your startup relates to IT Services, it is important to know if the consultant has the needed programming knowledge.
- Communications certification – Communication is one of the key skills that every consultant needs to be equipped with. Thus, try to check if the startup consultant you are choosing has any communication certification or not.
- Marketing certification – No matter if you are looking for a marketing consultant for your business or not. A Marketing certification will enable the consultant to offer you a better strategy for marketing, advertising, and related fields.
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Rate per hour of startup consultants
Different locations around the world have different rates per hour for consulting startups. In addition to this, different factors lead to changes in the rate per hour demanded by a consultant. For example, the size of the startup projects available with the startup, ROI expected after hiring consultants are some of the major factors that determine the rate per hour for startup consulting.
On average, hiring a tech startup consultant in the USA may cost you almost $294 on an average. But, this rate can vary depending upon the size of your startup and the services it offers. The consultation fee demanded in European nations is slightly less as compared to other parts of the world.
The average consultation fee that you have to pay if you are hiring startup consulting companies in Europe is £34.21 per hour. If you are thinking about hiring a startup consultant from Asian nations, you need to pay an average hourly rate of $170 per hour. You can also choose freelance startup consultants if you are looking to hire someone at an affordable rate.
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Top 10 job boards to find best startup consultants
If you are looking for the best startup consultants who can work efficiently for your organization, you need to first check the best job boards. There are millions of job boards online. But, we have come up with the best job boards that are suitable for finding startup consultants.
- Indeed – Indeed is one of the best job boards that is trusted by billions. Thus, you will be able to choose the best candidates with maximum ease if you choose Indeed for hiring and recruitment.
- Monster – No matter what kind of professionals you are looking for, Monster is a platform that can help you get in touch with expert candidates.
- unremot.com – This is a platform that can help you in hiring skilled and efficient startup consultants for your newly launched business.
- Glassdoor – The best part about Glassdoor is that it can provide you reviews about different candidates and also their salary expectations.
- FlexJobs – If you are looking for a freelancer startup consultant, no other platform can be as good as FlexJobs.
- The Ladders – If you are a startup and you are looking for experienced consultants, try to check the Ladder job board to choose candidates of your choice.
- AngelList – This is another major platform that can help you get in touch with the best startup consultants.
- Linkedin – Linkedin is one of the best social media platforms that helps you make connections with professionals.
- LinkUp – If you are frustrated with old listings for a job, choosing LinkUp can be one of the best platforms to look for up-to-date listings.
- Scouted – If you want to hire recent college graduates and MBA graduates who can work as a startup consultant, try to check out Scouted platform to get in touch with the best startup consultant.
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Top 10 companies hiring startup consultants and salaries offered
For all job seekers who want to get the best opportunities as a startup consultant, the following is the list of the top 10 companies that you can join.
| Company name | Salary Offered |
| Infosys | $75,808 |
| Slalom | $115,000 |
| Huron Consulting Group | $799,27 |
| MicroStrategy | $71,684 |
| UnitedHealth Group | $762,749 |
| Plante Moran | $75,667 |
| McKinsey & Company | $90,000 |
| CFGI | $84186 |
| IBM | $125,759 |
| Deloitte | $120,000 |
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Top 10 interview questions for startup consultants
If you are looking to hire a startup consultant, the following are the top questions you can ask.
1. Why do companies need consultants?
Rationale: This question will enable you to know if the applicant has knowledge about how they can push the company forward.
Sample Answer: Working with a consultant is not only cost-effective but hiring a consultant can also help an organization spot the inefficiency and the issues they are facing.
2. How can you make our company profitable?
Rationale: The answer to this question will enable you to know if the candidate knows about your business and startup before coming for the interview.
Sample Answer: I think your company is quite successful at present even in this highly competitive market. The future looks bright. But, I will try to make it brighter by shifting my focus towards the products and services that can deliver maximum revenue and highest margins.
3. How do you adapt to a company’s culture when working on a project?
Rationale: The answer to this question will enable you to analyze the communication and collaboration skills of the candidate.
Sample Answer: To adapt to a new company’s culture, I do as much research I can about the company and project I am associated with. I also communicate with the company’s leaders and employees to get better insights.
4. How should a consultant set the price for a project?
Rationale: The answer to this question will enable you to know if the consultant will be able to bring value to the organization.
Sample Answer: The rate I choose does not depend on the hours I spend on a project. Instead, it depends on the value I offer to the project and the business.
5. Why did you choose to work in a startup as a consultant?
Rationale: This question will enable you to understand if the candidate is passionate about working for your organization.
Sample Answer: Working with a startup will give me an opportunity to explore and innovate my strategy. Thus, I chose your startup to work.
6. How do you size a market?
Rationale: In consulting, market sizing is an important skill. This is how the consultant calculates the growth potential. This question will enable you to learn about the thought process of the candidate.
Sample Answer: Within a certain market, I examine the population size and the percentage of people who use a particular product and service. I also use the survey methods to reach an accurate number.
7. Will, you be able to work with a big team?
Rationale: This question will enable you to know if the candidate is suitable to work with a big team? And does the candidate have leadership abilities?
Sample Answer: Yes, I have worked with big teams in the previous company I was working for. Working with a big team helps you in better task allocation.
8. Why do you think you are suitable for the job?
Rationale: This question will enable you to know if the candidate is confident about getting the job.
Sample Answer: I have the needed skills, qualifications, and expertise. I can offer innovative strategies that will help you in taking your company forward.
9. How do you manage stress at work?
Rationale: This question will help you know about the behavior of the candidate.
Sample Answer: I try to follow a healthy lifestyle, I meditate every day, and I believe in resolving every little issue. These management tips will help me to reduce and manage stress at work.
10. Where do you see yourself in the next five years?
Rationale: This question will enable you to know if the candidate is passionate about the work he is doing?
Sample Answer: If I get the job, I see myself in a senior position in this organization.
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