Business owners who are considering hiring a coach often have a lot of questions.
While we’ve already covered many of these questions such as what business coaches do and how much they charge, here are a few more frequently asked questions regarding their services:
A: When you first meet with your business coach, the number one priority is going to be for the coach to learn more about you and your business so that they can specifically tailor their advice to help you.
You can expect a friendly encounter and an enjoyable discussion about your business that will eventually transform into your business coach offering you specialized advice about the goals that you should set for your business and how you should go about meeting those goals.
A: Business coaches can certainly help you put strategies in place to grow your business if that is your goal.
However, growing companies is not the only service that business coaching provides.
Such coaches also work to help make you more productive, make your job and running your business easier, and help you achieve all aspects of your vision for your company, including but not limited to its growth.
A: Small businesses are certainly able to benefit from business coaching, perhaps even more so than large corporations.
The issue is that many small business owners are not able to afford or access top-quality coaching. This is why we’ve designed Black Card Business Coaching to be a program that is affordable and accessible to all types of owners, small business owners included.
business coach will assist and guide the business owner in running a business by helping them clarify the vision of their business and how it fits in with their personal goals. Business coaching is a process used to take a business from where it is now to where the business owner wants it to be. Coaching and Mentoring can sometimes be confused since both roles are bringing their years of experience to the table. The biggest difference is that a mentor focuses on advising while a coach will assist the owner in goal planning and keep them accountable so that they achieve success.
A critical component of business coaching is accountability. You will never see a football coach run laps of the field for their team. The very same fact is true of a business coach. A business coach is not a consultant. They will not do the work for you in your business. They are there to keep you focused on the end result and remind you why it is important. They will motivate you to keep your commitments. They will act as a sounding board and when needed hold a mirror in front of you, highlighting your business and personal blind spots.
My monthly business coaching sessions help me maintain accountability and focus on setting goals and meeting them.” – Dave Treadwell, President Vital Signs Ho Ho Kus, NJ
Coaches track goals by creating key performance metrics (KPIs) that makes the journey to reaching them very transparent. The coach is there to keep track and measure progress that someone might avoid recording if they are on their own. When the journey is transparent, it makes the person that is in charge of reaching them very accountable.
Many great small business owners credit their success stories in part to having a great business coach. By combining the power of a business advisory board (who acts as a sounding board for ideas and challenges in your business), with a business coach that will help you to implement ideas and strategies borne from each monthly meeting. TAB business coaching sessions, along with your TAB board members, provides accountability and strategy to get your business from where it is today, to where you would like to be in the future.
TAB regularly conducts PULSE Surveys on business topics and issues. Check out our survey on Business Coaching to learn more about how a trusted adviser could help you increase your business impact.