Consulting is a professional service where experts, known as consultants, provide advice and solutions to businesses or individuals facing challenges. These specialists analyze problems, offer insights, and help implement strategies to improve performance, efficiency, or profitability. Companies often hire consultants for their expertise in specific areas, such as management, finance, or marketing.
The consulting process typically begins with understanding the client's needs and goals. After gathering information, consultants develop tailored recommendations and support the client in executing these plans. This collaborative approach allows organizations to leverage external knowledge and experience, ultimately leading to better decision-making and growth.