Business coaching franchises are not created equal when it comes to training or support. Becoming an ActionCOACH sets you up for success as a business coach and as a business owner.
As with running any business, you have to get to know your market, understand your potential customers, be knowledgeable about the services you offer, know how to use the franchise toolbox, and know your way around the IT systems. To be up and running as quickly as possible, you need training.
ActionCOACH’s training is unparalleled and the ongoing support is unmatched in the industry. Your training as an ActionCOACH is split into four parts, covering every aspect of running your own business and to becoming a fully-fledged, capable coach.
Financial year end is looming. It is a crucial time of year for your small business as you take stock of the year that has been and plan for the year ahead. Whether you have done it before or this is your first time, financial year end can be a little taxing. There are tax returns to submit and your books need to be in order. Use your prep work for the financial year end to develop a clear picture of the financial health of your business!
There are many business coaching franchises out there but because the industry is not regulated, you need to be careful about which one you buy into. The best business coaches are visible, they are great thought leaders and excellent communicators. They are also savvy and know how to utilise the media, fully understand the power of marketing and social media and have success stories to tell. Importantly, they have built their reputations and credibility on strong values and walking their talk.
Marketing is needed to have visibility, attract customers, increase sales and grow your business. Every business needs it. It is that simple! But, small businesses don’t have the big marketing budgets that large corporations do. The exciting news is that there are ways to increase visibility without big bucks.
We are all familiar with the phrase, “Jack of all trades, master of none”. It is a figure of speech used to describe a person who has tried their hand at an array of skills, rather than gaining expertise by focusing on one.
Certainly, being good at a few things has its benefits but it is in developing your specialty or finding your niche that you can make your business stand out.
Business coaching has tremendous potential to transform businesses. After all, that is why it has become big business! Companies get value and reap rewards from coaching practices that are based on implementing proven systems and strategic actions to actually grow their business. That’s the good side. But there’s a bad side too.