The professional services sector in Australia is diverse, encompassing everything from consulting to legal services to accounting and design. In 2024, there were approximately 280,750 professional services businesses operating across the country, reflecting a 1.2 per cent increase from the previous year.

All signs suggest that this sector is experiencing strong growth, driven by increasing demand for digital transformation and sustainability initiatives. The consulting services market, for example, reached USD 9.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.60 per cent, reaching USD 17.91 billion by 2032!

Employment in professional, scientific, and technical services has also seen an upward trend, with 1,320,487 individuals employed in these fields as of November 2024.

This growth highlights the sector’s expanding role in Australia’s economy and the increasing opportunities for businesses operating within it.

So, no matter if you’re a lawyer, marketer, consultant, or coach, the key to success in professional services is all about building relationships, managing clients, and delivering results.

Tips for professional services businesses

In this section, you’ll find must-know tips for professional services businesses like:

• How to use points of difference to increase your prices
• The four mistakes costing you clients and new deals
• Stop lurking and start leveraging LinkedIn
• Your guide to process management
• The Professional Services Income Tax rule: what it means for you
• How to get your contracts and policies right from the start

Helpful links for professional services

• CPA Australia – Support for finance professionals.
• Australian Marketing Institute – Marketing certification and networking.
• Australian Computer Society – Advocacy, education and inspiration for tech professionals
• Australian Medical Association – Advocacy, resources, news
• Australian Institue of Architects – Advocacy, training, news, resources
• Engineers Australia – National body for engineers,

Ready to get started? Explore our professional services articles for more tips and advice.

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