The business of consulting psychology: Lessons from the field

L Norton Consulting Psychology Journal: Practice and Research 2020

This article presents a capstone review of this special issue of Consulting Psychology Journal: Practice and Research, concerning the business application of consulting psychology. Summarized are key points made by the authors of 5 articles. Topics include the essential business issues to address when starting a consulting business, managing a sole-practitioner business, creating and operating both an international consultancy and a domestic boutique firm, and the creation and operation of a large-scale product-based enterprise in the test-publishing and assessment domain. This review discusses the various articles in the context of the management-consulting industry as well as entrepreneurial theory and research. Conclusions regarding the parallels and differences between the different consulting models presented by the authors are discussed.