The average annual revenue per consultant of management consultancies worldwide decreased overall between 2015 and 2020, despite some fluctuations. During the 2020 survey, respondents reported an average annual revenue per consultant of 208,000 U.S. dollars.2021-05-19
It's highly profitable. And it's about to be disrupted. Whether the focus is strategy, operations, tax, finance, HR, or IT, business consultants are a staple of corporate life. Today, over 700,000 consulting firms provide services across virtually all aspects of business globally.2017-09-11
Can consulting make you money?
Many consultants choose to earn money on a per-project basis rather than an hourly rate. ... Being a consultant involves a lot of perks, but it also involves hard work and risk. Your hourly wage should and can reflect this. In fact, the average consulting fee ranges from thirty to hundreds of dollars an hour.
Can you get rich off consulting?
Across the entire consulting industry (including mega firms), the average consultant delivers $250,000 in revenue each year. That's the average. I know consultants who feel overwhelmed with $75,000 worth of work on their plates.2016-09-28