Business consulting – Definition, what it is and concept

Business consulting is organizational advice in management fields, which allows improving the efficiency and competitiveness of the company, through the implementation of best practices and work systems.

Organizations are changing and go through for different situations in which they need an outside look on their processes, in order to analyze them objectively, make a diagnosis and to implement improvements.

In this sense, business consultancies offer that possibility; evaluate an organization, gather background, observe them and propose measures to overcome its deficiencies.

Implementation of a business consulting

To implement a business consultancy it is necessary to have all the relevant information and related to the field that you want to intervene. For example, if there is a financial-accounting problem, it will be necessary to hire an audit and said service will require balances, financial statements historical, tax documentation, contracts and legal documents to prove the income and expenses made during a period.

It could be the case that the audit also needs to have testimonies of people involved with these processes, to know how are their workflows, times they take to do the tasks, work environment, among other things, so that the collaboration On the part of the company during a consulting process is vital.

Results of the business consulting

After collecting the information, the consultancy presents a diagnosis. This point is important, because although it could be assumed that the problem is already detected by the company and only needs to be addressed from the solution, it must actually be verified by this specialist external agent, since one of the great obstacles that the companies, is precisely misdiagnosing the problem.


The consultancy presents a work plan, actions, corrective measures and improvement in procedures, which the company must implement if you want to leave the bad scenario.

Some consultancies accompany the process of implementation of actions and others reach the diagnostic stage. It will depend on what the company requires.

Business consulting is an exercise of continuous improvement that seeks excellence in processes and services. It allows innovating and modernizing functional areas and being at the forefront of what the market demands.