A Guide To Building Your Own Women Initiative Consulting

By Elizabeth Graham


Starting a private practice is not always that easy especially considering the legal processes involved. No client will rush to be served by you especially if you are new to the game since they have not build the trust yet on you. It is important that you have clients, peers, mentors and even an employer who can vouch for you. Connections are key in order to start a successful practice. Below is how you start a women initiative consulting.

Make sure that you have a relationship with other professionals. This way, whenever they need to refer a client to someone for whatever reason, you will be the first person they think of. They will market you, but you also need to market yourself. You should come up with strategies to lure clients and make them feel that you really care about helping them.

Be a courteous person. Before gathering your stuff and leaving, make sure that you have informed your boss. Tell them your reasons for leaving and ensure you that you maintain a positive relationship with them. This way they will help you grow your practice into a bigger and more successful. This would not be the case if you left without a word.

You should know how to handle your cash. As you start, you may be the only person at your office. You may start by drawing up weekly invoices. As you advance, you can move on to monthly. You should be able to account for how the money is being used. If you foresee a decrease in profit, then it is better to steer clear of private practice.

You may have a logo and even a name for the company. Before you have the logo made and you have a building and furniture and everything else, you need to have done at least three projects. If they seem promising to you, then you can carry on and fully establish the business. If the business fails after you have made investments it will be a huge loss.

According to research 90% of the time, the first clients we have are usually referred to us by someone that we know. These connections are forged when we involve helpful people in our plans. They help you come with great ideas for the business. They are also able to source clients for you from all over thus making it important to involve them.

Insurance is an assurance that you will not be facing heart attacks any time soon. Imagine if the building which your office is in burns to ashes. The owner of the building may rebuild it, but they will not replace your office items. It is up to you to make a step and make sure that your property is covered in case of any kind of disaster.

Hire a lawyer to give you advice on how to go about taxes. You do not want to be getting In trouble with the law on your first try. You may also need to hire someone to deal with finance or just have a close associate fill in before you find the right person for the job.




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