1. I am IT professional with no consultancy background, but I have done lot of reading on services provided by consultancy firms . I want to start my own business consultancy by hiring consultants as per my client's needs. 2. Before renting office space, I am planning to take advice/knowledge from experienced people in consultancy field , about what business strategy I should have , rate structure used by consultancy firms etc. I will have these experienced people on my advisory board . (3-4 of them with diverse experience in different consultancy field , For example, CRM or Growth Strategy etc). 3. Initially, I will rent office space and keep lady office receptionist/assistant to answer inquiry calls. 4. Advertising/Marketing : (a) I will hire one or two marketing guys to visit companies and advertise our services. (b) I am in dilemma about advertising in newspaper since the rates of advertisement in leading newspapers are very high but at the same time I feel, it's the most effective medium for business since most of the CEOs/directors read these newspapers. (c) I will use experience of people on my advisory board to attract customers. ( With their consent of course) 5. Once I get inquiry for the service, I will hire consultant/s . Challenges in front of me : 1. Do you think my plan is feasible ? If no, why and what can I do to make it feasible? 2. I cannot hire consultants who are working as a full time employee in some organization as my start up will not have enough business in the initial phase . So, I will have to look for consultants who are free but experienced. This is the biggest challenge. I may require a team , hence for one client I may require 2-3 consultants . Any idea/source from where can I get consultants who will work for me but not as a permanent employee of my company ? 3. (a) Consultants may ask client to call them directly for next assignment. Is there I can do , so that, consultant should feel there are advantages working with me rather than direct assignment with the client ?? (b)Experienced people on advisory board will charge higher amount as salary . What are the alternatives ? (c) Can you suggest any alternative(s) to advisory board to avoid salaries ? 4. Any advertising strategy and how much percentage of cash available I should invest in advertising my business according to your opinion ? 5. What can be done to avoid non payment by client ? And if client is simply postponing your payment, till how much time you should continue giving service ?