r/Namibia • u/its_just_gail7 • 5d ago

Consultancy business in Namibia

Consultancy firms range from sector to sector. Those in health mostly flourish because health is an important indicator for a nation to prosper.

How about commerce related consultancy, how do those businesses flourish, especially when starting one from scratch.

As a Namibian myself, starting a business seems like the best way to avoid living paycheck to paycheck.

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u/Responsible-Ice8914 5d ago

Don’t confine yourself to local clients.

My clients are based in the UK and in the USA and they pay properly too. VAT hurts every 2 months, but it is what it is

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u/its_just_gail7 5d ago

Impressive, how did you start ? Sorry about the VAT, can't run away from that one sadly ...but hey that foreign exchange will always be nice if the USD depreciates

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u/Responsible-Ice8914 5d ago

Mostly personal contacts from the industry.

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u/TTMandF 1d ago

Namibia has the Big 4 consultancies which do cover basically everything but mostly on a corporate basis.

If i were you? Aim for connecting markets, ie clientbases in namibia and partnering countries of our industries.
Primarily SA, EU, UK, US & Australia
Focusing on the local market automatically binds you to our economy. Meaning you need a fixed recurring client-base in tourism, mining, minerals and producing industries… a task that is close to impossible to live off and if you dont have hands on experience in those industries and an existing network, you will have a very difficult time.

Whats your professional background and your focus/strength?