How much will your business consulting cost?
Columbus, OH 43215
Business consulting costs$50 - $238
National average hourly price
- Most common low price:$50
- Most common high price:$238
How much do business consultants charge?
By Thumbtack Staff
Last updated Mon, Oct 20
In the U.S., small business consulting fees range from $50 to $238 an hour, with an average cost of $85. The hourly cost of consulting fees range from about $45 to $150 per hour. Keep in mind that the fees you'll pay can vary depending on where you live, the specific services you need and whether you need one-time or ongoing consulting.
How much do business consultants charge by the hour?
On average, small business consultants charge $75 per hour, with costs ranging from $45 to $150 per hour nationwide.Get a free estimate from a great business consultant near you.
Hourly Small Business Consulting Fees:
| Average Cost | $75/hour |
| Typical Range | $45-$150/hour |
What is the flat rate for business consultants?
Some small business consulting companies charge flat rates for specific consulting services or packages, and some charge a set hourly fee for services.
Here are cost examples from Peavy and Associates Business Services:
Hourly business consulting rate: $125 (a free 15- to 30-minute consultation is provided to new customers).
Business plans: $400
Market research plans: $300
Financial projections: $55 per projection
Executive summary: $65 per summary
Ongoing consulting services: $2,500–$3,500 per month, depending on the scope of work.
How much does it cost to get a business plan?
For companies just getting started, a business plan is the perfect place to begin. With professional assistance and consulting, new business owners can map out their success strategy with a seasoned pro who will help them determine their goals and how to accomplish them. Business plans can be created to target different goals, such as gaining investment funding, preparing for loans or branching out into a new market or specialty.
Prices vary depending on how in depth the business plan is and what the owner’s needs are. Some consultants charge by the hour to advise on an existing business plan rather than offering a set package rate. Here are some examples of package rates from Jennifer Rusz of Sterling Rose Consulting Corp. in Lawrenceville, Georgia:
Business consulting package fees
Small business owners may save by taking advantage of coaching or consulting packages that target the needs of new and growing business owners.
Get a free estimate from a great Business Consultant near you.
From group coaching sessions to starter kits for professionals forming an LLC, here are examples of costs:Scott Howard Coaching in Baltimore, Maryland:
John Gramstad of JRG Taxes in Richardson, Texas:
What do business consultants do?
Small business consulting is available for companies ranging in size from fewer than 10 employees to more than 50. Consultants work with established companies that have more than five years of operation under their belts, mid-way enterprises that are several years into their trajectory and startups at the beginning of the journey.
It doesn’t matter whether the organization has a business plan in place yet or not. Professional business consultants advise companies focused on sales and marketing, healthcare, information technology, manufacturing, financial services, education, retail/consumer goods, real estate, construction and more, as well as nonprofit organizations.
Some small business consultants meet with clients in person and some work with organizations remotely to assess their goals and needs to create a strategic plan for business growth. Teleigha Peavy of Peavy and Associates Business Services in Duluth, Georgia, says that consulting encompasses a wide variety of services such as creating a business plan for new companies, helping seek startup funding, coaching on organization and structure, assisting with operations management, business development and improving existing business processes—among other services.
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