Why Do You Need A Business Coach?

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Why Do You Need A Business Coach?

Launching a new business and running it successfully in the very first year itself is no mean task. Not all are that lucky. Most of them struggle and some will succeed and some will vanish after a few years of struggle. But how to make a business work? If one has business acumen and good support system, entrepreneurs can make the businesses to profitable ventures. How about having a business coach handy? Will it work? What is a business coach? A business coach or mentor is a corporate professional who has expertise in running any kind of business. He virtually takes over the business from the owners albeit temporarily and wears various hats by way of providing suitable advice, managing finance, recruitments, sales and marketing management and day-to-day affairs. Why do you require a corporate trainer? Some of the major advantages of engaging business trainer are exhibiting improvement in individual performance, develop and identify high potential areas, remove negative growth momentums and understanding core areas of success. Will engaging a business coach really work? It depends. If your coach is good in teaching the nuances of business but have never grown a business, then his advices and guidance may be theoretical at best but not sure of making the business work for you. At the same time, your coach has good exposure in developing similar kind of business from the scratch, then your chances of making big in business is high. Such coaches are more practical and less theoretical in nature. Why do I need a corporate coach? Coaches can help you understand your positives and negatives and help to focus and identify what is vital for you to accelerate success. You need confidence to manage independently and create safe environment to run the business. Coaches help you to identify gaps between client identification and understanding their needs. What does a good coach do? A good small business coach provides assistance and support to business owners or managers to make positive changes and accomplish desired goals. What are the benefits of coaching? • • •

Scalable changes in every employee’s productivity, achievements and goals. Increased opportunities for every individual for learning and growth. Clarity in identifying problem areas and finding solutions.


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Instil responsibility and ownership. How much does a business coach charge? Coaches charges hourly basis depending upon the nature and size of business. On an average, a business coach charges between $50-$300 or more an hour. Some coaches offer monthly packages such as four half-hour per month classes for $200$300 or 90-minute sessions, each having eight hours, spread across 5-6 months for $800-$2000. Evan Goodman is the Sydney-based business trainer who has successfully mentored several small and big business across the country. To know more information please visit https://www.evangoodman.com


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