However, the COVID-19 outbreak has certainly accelerated the process much faster than expected. According to Forbes, the world will embrace a new normal, which will involve shifting work, learning, and entertainment online. Globally, the consulting industry is worth $160 billion https://sloboda-studio.com/blog/start-an-online-consulting-business/. However, revenues are expected to fall to $130 billion in 2020.
That means that most consulting firms are no longer content to simply provide consulting services. The transition from offline to online is now critical; otherwise, small and medium-sized businesses will struggle to stay afloat.