Companies generally hire consultants when they cannot afford to build out a full team. So cost structure should be especially important when determining which consulting firm you want to work with. You want to find a firm that provides you with adequate services at a rate that makes financial sense.
Determining a reasonable cost requires more than simply finding the cheapest vendor. An inexperienced consultant who is cheaper but takes a longer time to reach your goal may be more costly than an experienced consultant who reaches your goal more quickly but with higher bill rates. Whatever level of experience your consultant has, you should keep your budget in mind when speaking with different firms.
Moreover, you want to work with a company that intends to solve your issue without dragging the contract on for too long for the purpose of keeping you as a client as long as possible. Good consulting firms will propose an end date for resolving your company’s problem that doesn’t extend indefinitely.
