Table of contents
Introduction
Getting started
Regulations
Taxation
Financing
Other resources
Introduction
A consultant is a professional who provides specialized advice and knowledge to clients for a fee. Many consulting businesses focus on a specific industry or area of expertise such as education, accounting, law, management, human resources or marketing.
In many types of consulting there may be no specific qualification requirements. Make sure you are knowledgeable about the industry you will be working in. Some industries may require a degree or professional designation, such as accounting or legal consulting. For others, a long and successful career running a business may be your main credential.
As a consultant, your clients will rely on your experience and recommendations. You may also be asked to provide services related to your area of expertise such as developing and delivering training sessions or managing projects. Be clear about what services you will offer.
Note: If you are consulting exclusively for one organization or are unsure about your employment status, contact the Canada Revenue Agency (CRA) for a ruling on whether you are legally considered an employee or a self-employed individual. The ruling may have tax implications for you and your business. The rules under Ontario’s Employment Standards Act would also apply.
Contact CRA:
1-800-959-5525
Employee or Self-employed?
Contact the Ontario Ministry of Labour, Immigration, Training and Skills Development's Employment Standards Information Centre
1-800-531-5551
Employee status
Getting started
Regulations
Taxation
Financing
Other resources
Industry-specific information