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How much does it cost on average to hire Business Consulting services?

Average Price
£80 - £250 per hour

How much will I pay for Business Consultancy Services?

No matter how committed your team may be towards growing your business, there may be a time when you’ll need to call in outside help. Read on to find out how much a business consultant will charge for their services.

What does a Business Consultant do?

A business consultant is a highly skilled professional trained in helping companies big and small to grow and develop. They’ll work with clients on planning, problem-solving and strategy to help them to solve particular challenges and develop certain aspects of their business. 

Most consultants have a niche area of specialism and usually support companies that need help in these particular areas.

Why do you need Business Consulting Services? 

  • They will help you set up standard business structures and processes to help your business run more efficiently and productively.

  • They can offer expert insight into the challenges you encounter in your business and help you initiate change. As an external party, a consultant is incredibly useful in helping you to make sense of the fundamental flaws in your business and the steps you need to reach your goals. 

How much does Business Consulting cost on average?

The cost of consulting can vary hugely depending on the size of your business, the professional’s experience and your requirements. 

To give you an idea of how much you can expect to pay, we’ve given a rough outline below, based on the prices of local UK professionals: 

Average cost of a Business Consultant
Average price (per hour)£80 - £250
Maximum price (per hour)£350+
Minimum price (per hour)£65 - £95

What affects the price of Business Consulting in the UK?

The amount you will spend on business consulting in the UK is dependent on a few factors, including:

  • The kind of business consulting services you need

  • The expertise of the consultant

  • Independent consultants vs consulting agencies

The kind of Business Consulting services you need

The kind of business consulting services you need will determine the amount you will pay. For example, if all you need are just some basic accounting services, you will not pay as much as someone who needs to set up structures from the ground up. 

The expertise of the Consultant

Newbie and mid-level business consultants will charge less than advanced-level business consultants. The expertise that comes with long years of offering their services will increase a consultant's hourly rate compared to someone relatively new to the field.

Independent Consultants vs Consulting Agencies 

Consulting agency fees are usually higher than independent consultants. This is because an agency will be able to provide a greater amount of resources compared to one individual. If you’re a small business owner without a lot of money to spend, you may want to start with individual consultants. 

Hiring a Business Consultant - is it worth the cost? 

The financial benefits that a consultant can bring to your company will far outweigh the costs of hiring one. Employees are sometimes too close to a problem in an organisation to address or even notice it. 

That’s where a consultant comes in. As an impartial, neutral party, they’ll be able to easily spot your businesses’ pain points and address them head-on, using their years of experience and a track record that speaks for itself. By acting as a catalyst for change, a business consultant will drive your business forward to reach those all-important goals. 

Find an experienced Business Consultant on Bark today and propel your business to new heights. 

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