It’s one thing to start your own HR consultancy but it’s another thing altogether to run a profitable consulting business in the Human Resources industry.
Today I’m sharing an extensive list of 44 ideas to help make your HR consulting business more profitable.
Thanks to all the successful consultants from the HR industry who have shared their many excellent ideas, suggestions, and pieces of practical advice.
Remember to check out the HR Consultants’ Online Conference.
How To Run A Profitable Consultancy In The HR Industry [4 Categories]
To keep things organised, the profitable HR consultancy tips are divided into four broad categories:
- Financial Management
- Sales & Marketing
- Service Delivery
- Your People
Personio is a fast-growing, well-funded software startup based in Munich that offers a holistic HR and applicant management software designed for companies with 10 to 2000 employees.
With its 300 or so employees from 34 different countries, Personio works on making the day-to-day business operations of HR teams around the world more efficient, transparent and effortless.
I met with CEO & Co-Founder, Hanno Renner, at the recent SaaStock tech conference to talk all about growing an HR software company.
Hanno and I chatted over coffee about why he and the team started Personio, how it has grown, and how the company partners with other HR companies and HR consultants.
Based in Wroclaw & Krakow in Poland, OpsTalent is a very successful outsourcing or ‘nearshoring’ company that delivers software development & multi-lingual customer support services for some of the world’s most innovative companies.
I spoke with Ken Coyne, Head of Technology at OpsTalent about how the business began (love was involved), how it has grown, and how the company partners with other HR companies and HR consultants.
Thinking of expanding your HR business internationally?
Cynthia Dearin is an international business strategist, author and keynote speaker.
She’s also the Founder of Dearin & Associates and the International Business Accelerator.
In 2015, Cynthia published her first book, Camels, Sheikhs and Billionaires: Your Guide to Business Culture in the Middle East & North Africa, which became an Amazon best-seller.
Her second book, Business Beyond Borders: How to Take Your Company Global is due for release in 2019.
LinkedIn is the place to be if you want to find new B2B clients but advertising there can be quite challenging. Today I discuss LinkedIn advertising for HR companies with AJ Wilcox, founder and CEO of B2Linked, a LinkedIn advertising agency based in the United States.
One Circle is an online platform for HR consultants that connects companies with freelance HR experts, on-demand and across the world.
In this article, I’m kindly joined by One Circle’s founder, Emma El-Karout.
Read on for our discussion on:
- Emma’s background and her motivation to start the One Circle platform for HR consultants.
- What does One Circle do? Which problem does it address and how it is differentiated from other competitors in the space?
- Who is the typical OneCircle HR consultant? Where they are from and how do they help clients?
- Tips on interesting people that HR businesses should check out to grow faster.
- The biggest challenges facing the HR profession.
Nov Omana is the Go-To expert for companies looking at implementing new HR technology.
Through his company, Collective HR Solutions, Nov also helps HR tech companies that want to launch products in the HR space or accelerate growth through better positioning of their product.
In his spare time, Nov is on the Board of Directors for the International Association for Human Resource Information Management and he advises various HR tech companies.
Nov knows HR tech inside out. Not only that only, he’s got one the best laughs in the industry!