To start a management consulting business you should firstly understand about the pros and cons of the same. And to be successful in the business you need to go with an organised approach, so that the planned could be achieved. To attain the desired results you need to follow certain steps as mentioned below:

• Know your clients well; you need to understand the requirements of your clients in details so that you could provide them with the service that satisfies their needs to the optimum.
• Understand the market and see what your competitors are doing. To stay alive in the market for long, you need to have good understanding of the market so that you could plan for strategies and policies that work in your favour.
• Always keep the follow up with the clients and let them understand that you are always ready to help them whenever they are in need.