If you feel like you’re in a bit of a ‘business funk’, perhaps it’s time you consider how you can put your years of experience and skills to better use. Reaching for new goals is a great way to stay motivated and on top of your game. While many people have a desire to start a business, knowing what to do, how to do it and when to do it cano turn this life changing goal into just a dream.
If you’ve spent years working in finance, marketing, sales or in a senior management role, your experience is a great foundation to become a business coach. And you can even take this one step further and run your own business coaching franchise. Interested?
You don’t even have to put all the time and effort into starting your own business coaching company as there are already reputable franchises (like ActionCOACH) who’ve done all the hard work for you. There are plenty of reasons to buy into a franchise, including a track record of success, strong brand identity, training programs, ongoing operational support, marketing assistance and more.
Have we piqued your interest? Here are a few more reasons why now is the best time to become a business coach.
You’ve already got the skills
The great thing about becoming a business coach and owning your own franchise is that you’ve spent years developing the skills required to be a successful business coach and franchise owner. Business coaching is an ideal way to progress your career while escaping the frustration and lack of flexibility you may be facing in your current role.
You won’t be doing it alone
Being a business owner can be lonely and it can be difficult to find the right connections who understand your industry, and can really help you build your business.
These days, success can rely on the size and strength of your professional network and community. By investing into a business coaching franchise you’ll have access to an instant network of people just like you, that you can lean on for support to help you build a profitable business.
Business coaching can be very lucrative
Owning your own coaching business can be a lucrative way to leverage your life skills to help other people succeed.
There are several ways coaches can be compensated for their services like; charging an hourly fee, selling a book or receiving a share in the profits based on results. The value a good business coach will bring to a company may mean the difference between closing the doors and achieving the financial goals from which to retire. For this reason many business owners are happy to pay, what may be perceived a high amount, compared to other services.
You’ll change lives
This might sound far-fetched, but it’s true. Business coaching can change lives. Have you thought about how rewarding it would be to help people tap into their skills and overcome challenges and fears, to achieve their goals? As a business coach, you’ll:
- instill the confidence they need to succeed
- keep them motivated and inspired to turn their dreams into reality
- help your clients achieve professional fulfillment
- encourage people to get out of their comfort zone and into a flourishing and successful life
People are always looking for business coaches
As a business coach, you’re not limited to only helping small business owners, you can also work with larger organisations. Progressive companies know that coaching can help their employees increase their performance at work. That’s why larger companies are investing in business coaching not only for their senior management but other leadership roles within the organisation, to develop talent and drive results.
Business coaching also has proven to impact a company’s finances. According to an ICF and HCI study, 60% of people surveyed who came from companies that had a strong business coaching culture reported their revenue to be above average.
The next steps
Would you like to learn more about what’s involved with becoming a business coach? Click here to find out more about ActionCOACH Franchise opportunity.
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