Good Times for Consultants
By Emily Maltby
Business owners are increasingly turning to consultants for guidance as they struggle to boost sales amid slower consumer spending, according to a recent article from CNBC. As more businesses turn to consultants to increase sales and cut costs, the Bureau of Labor Statistics expects total employment in the management, scientific, and technical consulting industry to grow by 83% by 2018.
When the recession hit Beehive Kitchenware Co., a firm that makes home décor and cooking tools, owners Jim Dowd and Sandra Bonazoli turned to a business consultant for help.
As Dowd mentions in the story, “Little Guys Tough It Out,” the business began to turn the corner after they implemented the consultant’s suggestions, such as expanding the product line beyond the signature pewter products and into ceramics and wood. Although Dowd and Bonazoli had thought about making such changes, the consultant “was able to show us the numbers and convince us that it was the right way to go,” says Dowd. MORE