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Yes You Can Afford An Executive Business Coach to Help Grow Your BusinessTip! If you would like to sign up for business coaching online, you can do a web search and see what sort of hits you get. Remember that it is always wise to check with the Better Business Bureau about any company that you are going to work with, and business coaches are no exception. Executive coaching is a proven solution that not only helps small businesses to much larger organizations grow, but it demonstrates a significant return on investment within a very short time frame. However, many business owners from medium size to single office/home office (SOHO) believe that this small business help solution is out of their reach. If you are currently experiencing lagging sales, can't do attitudes, high turnover of employees, reduced market share, working harder not smarter, you may be investigating a variety of solutions. Possibly, hiring a business coach is one of those solutions for sustainable business success. As you do your due diligence, you discover a variety of fees and possibly become lost in the sea of dollar signs. Your challenge is not to allow the dollar signs become an obstacle that over shadow your current needs and the potential results.
First, before speaking with any executive coach, you should know what your historical trends are. For example, historically, the business has grown 10% and is now at $500,000 in sales. Second, any good executive business coach will ask you what results do you want in the next 3 to 12 months. These results should be measurable. And no, the coach doesn't need to be certified, but rather be results focused. Third, you should know what the bottom line is. This information should be at your mental if not physical finger tips on a daily basis. Fourth, by knowing what the desired results are and what the past and current actions have generated, you then can compare this information against the proposed fees. For example, if you wish to grow 50% more in sales from a historical sales growth of 10% (see earlier example) suggests that you need to increase overall sales by $25,000. If the executive coaching fees are $5,000, this means that you will be receiving four dollars for every dollar invested ($25,000 less $5,000 equals $20,000) or a 4 to 1 positive return on investment (ROI). Tip! Technology innovations allow you to be involved with coaches from locations around the world. Do some research into the various Business Coaching options available to you. Fifth, even if cash flow is slow, ask the executive coach about payment options. Some coaches require anywhere from 25% to 50% up front with the balance paid within 30 to 60 days. Other coaches who understand the needs of small business owners and believe that the desire to improve should not set the small business owner up to fail may provide more flexible and responsive payment options from a small retainer to monthly payments without high credit card interest. Sixth, if your executive coach offers a money back guarantee, how can you not afford to take advantage of this solution? There are business coaches who request a small non-refundable retainer (usually around 10%) to hold the dates and for any supplemental out of pocket costs. They then provide a money back guarantee. If that you are not happy after the 3rd or 4th session, all funds collected outside of the non-refundable retainer are returned. Finally, if your executive coach can share with you testimonials from other clients who have experienced substantial and sustainable growth, then you have removed the unknown from the equation. Tip! If you are currently experiencing lagging sales, can't do attitudes, high turnover of employees, reduced market share, working harder not smarter, you may be investigating a variety of solutions. Possibly, hiring a business coach is one of those solutions for sustainable business success. Bottom line is Yes, you can afford business coaching to help grow your business. The true question is if you do not take specific, results focused action, will you be in business next year or the following year? If you don't like the your answer to this question, then take the time to find an executive coach who:
- Focuses on results
- Demonstrates a positive return on your investment
- Provides a money back guarantee
- Offers flexible payment plan
- Shares testimonials from other clients and includes a telephone reference if necessary
Remember, Yes You Can! Leanne Hoagland-Smith quickly doubles results for her clients from individuals (small businesses owners, entrepreneurs and young people) to large organizations by creating executable strategic action plans along with the necessary business skills to pull it off. By closing the gap between today's unsatisfactory performance to tomorrow's goals, limited resources are maximized with waste including time being reduced. Please feel free to contact Leanne at 219.759.5601 or visit http://www.processspecialist.com/ and explore how she can help you. One quick question,if you could secure one new client or breakthrough that one roadbloack holding you back from success, what would that mean to you? Then, take a risk and give a call at 219.759.5601 to experience incredible results. P.S. Don't assume that you can't afford our solutions. Let's talk. |
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