When a company is considering using business coaching services, the number one question is how it will impact their bottom line. As we stated above, studies show a significant financial return on investment in companies that utilize business coaching. Let’s dive into the why.

The stories of companies hitting the jackpot and making money immediately are compelling but unrealistic. Most new companies don’t start to turn a profit for at least a few years. Whether you are a brand-new company or a long-standing business, it takes consistent effort, solid strategies, a viable plan and continuous follow-up to create sustainable growth. A business coach can help with all of those.

There are many ways to expedite growth in your company, some riskier than others. Coaching for entrepreneurs will primarily focus on organic growth, which is essential for small companies that need to build before they can leverage inorganic growth strategies. But, all companies can improve their processes to maximize their resources and bring in more clients and more money.

With business coaching, you will learn to focus on your customers, understand their needs and provide them with incredible value. You will also figure out what separates you from your competition and leverage that to increase sales.

A business coach has an outside perspective and can identify weak points in your company. By identifying your weaknesses, you will be able to make adjustments and improve your efficiency, increasing your revenue. Additionally, a business coach provides accountability to keep you laser-focused and consistent as you move toward your goals.

Coaching is designed for businesses of all sizes, from solo entrepreneurs to small business owners and larger corporations. The goal is simple: grow your business no matter what crisis the economy throws at you and regain control of your time and energy.

Forbes and others have reported on several studies showing the financial benefits of business coaching, ranging from 40% to 788% returns on investment. While results vary between individual businesses, the evidence is clear: business coaching gets results. It’s not just financial impact either. Business leaders reap emotional and psychological benefits that ripple out across the organization, such as improved work performance, greater self-awareness, reduced stress, and more time to focus on what matters most.

Coaching is a system of consistently achieving the results you want in your business. When you work with a business coach, you’re hiring an experienced partner equipped with business growth strategies. You’ll work together with your business coach to clarify your company’s vision and use key tools for understanding your business—its mission, operations, financials, culture and overall viability. You’ll discover effective processes for addressing challenges, correcting imbalances and creating solutions that will weather proof your business for long-term success.

Don’t worry— we know your time is precious. In fact, having more time is one of the main benefits that the most clients gain from our Coaching.

It is not whether you will face hard times in your business but when. The best leaders are prepared for obstacles and learn to see them as opportunities rather than setbacks. Our business coaching program is systematically designed to weatherproof your company so that you can continue to grow your business and meet your goals no matter what crises the economy throws at you.

Over half of the Fortune 500 companies were started in an “economic winter” or a recession. Coaching will teach you the tested strategies that will allow you to thrive even in challenging times and dominate your competition in any environment.

You’ll learn to create a flexible business plan–a massive action plan, or MAP, that gets you where you want to be in the shortest amount of time while also letting you adjust to changing market conditions. You will learn to constantly innovate because if you aren’t growing, you’re dying. You will master marketing and sales and stay on top of legal and financial indicators so you can accurately measure your progress.

Business is 80% psychology and 20% mechanics. If you want to master your psychology and develop an entrepreneurial mindset, a business coach can get you there.

So often, business owners or entrepreneurs are stuck and they think that it is cash flow or limited resources or economic constraints getting in the way. In fact, leaders' limiting beliefs and psychology are frequently the biggest chokehold on a company.

A business coach will help you identify the limits you knowingly or unknowingly place on yourself. You will challenge whether your assumptions about yourself are valid or not, and you will devise a plan of action based on what you would do if you knew you could not fail.

Individuals with a robust entrepreneurial mindset see obstacles as opportunities and prioritize progress. To be successful, you have to take a step forward every day. Even if your website isn’t ready yet, you don’t have the funding you want or your product isn’t perfect, you can’t wait to act. A business coach is a trusted partner who keeps you accountable and moving forward.

Most business coaching programs will encourage you to set goals and create a five to ten-year business plan. But a business plan isn't enough in today’s rapidly changing economy. What you need is a business MAP, a massive action plan to get you from where you are now to where you want to be. A MAP will guide you where you want to go while allowing you to anticipate and adjust when encountering new technology, disruptive competition or economic changes.

A Coach will help you build your MAP by starting with your vision or purpose. When you create your MAP, you’ll ask yourself, “How much?”, “By when?” and “For what purpose?” The purpose part is essential because your goals have power when you connect them to emotions and meaning. You have to be able to visualize your goal and have a deep why in order to develop the drive and resiliency to pursue it.

Coaching and mentoring can be particularly helpful in identifying where your company is really at and what its problems are. You can’t get from A to B if you don’t know where you are now, and you can’t solve problems you don’t identify. A coach or mentor's outside perspective is invaluable in clarifying where you stand and seeing your shortcomings.

Once you have a purpose, a goal and a timeline, your business coach will work with you to develop a Massive Action Plan to get there. Your goals need to be specific. Not just “increase sales,” but “increase sales by 10% within three months.” You will list exactly what you need to do to achieve those goals and take massive action. When you work with a coach and use this top-down approach, you’ll see transformational change in yourself and your company.