An analysis of the consulting services market in the Sakha Republic (Yakutia)

Abstract

In the modern world, the business sector is undergoing many difficulties related to the growing needs of the market. Any company sometimes faces difficulties in its activities that it cannot solve on its own, and it is in such cases that consulting companies are needed. At the moment, Yakutia is witnessing the growth of the business sector of the republic’s economy, this has become possible thanks to various instruments of support from the state. However, despite the favorable conditions for starting a business, companies within the Sakha Republic (Yakutia) experience difficulties in different periods of their activities. Therefore, there is a great demand for the services of consulting agencies within the republic: entrepreneurs need professional support and expertise from experienced consultants due to the highly competitive environment. . In this article, a study of trends in the development of consulting in Russia is conducted. This article analyzes the consulting industry of the Sakha Republic (Yakutia), identifies the main participants in the consulting industry of Yakutia and analyzes the competitive environment, as well as work to identify the prospects for the development of consulting in Yakutia. Consulting as a business sector of the economy in the Sakha Republic (Yakutia) is a developing industry. At the moment, a small number of companies are engaged in consulting activities, this is primarily due to the fact that interest in this industry from its target audience has increased only in the last few years; despite this, the consulting industry in Yakutia has great potential for development.