Different business coaching specialties, techniques and niches mean that this is a highly diverse consultancy sector, offering a wide range of opportunities. Clearly business coaches can be relevant for all levels of industry and commerce, but many aim their services at the UK’s fast growing SME sector. At the start of 2016 there were 5.5 million private sector businesses in the UK, and 99.9% of those were small or medium-sized (SMEs).
If you are interested in joining that impressive number of SMEs, or you want to provide a business coaching service to SME owner-managers or executives - there is an important decision to make first: start from scratch or cash in on someone else’s hard work by owning a franchise? If you are someone interested in starting up a business coaching enterprise, then you will already appreciate how important it is to get the right advice to maximise profits and grow your business.
For many people, this means starting their business coaching venture as a franchise arrangement. This provides persuasive and established branding, technical support such as websites, sources of referrals and relevant business insights.
One of the other advantages of starting your business coaching enterprise as a franchisee is that your parent company can help you with bids and credentials checks linked to national and EU funding streams. Many SME businesses in the UK can qualify for financial help in accessing the services of accredited business coaches and that could be you.
There are plenty of options to choose from in business coaching franchising, with a range of general and specialist companies currently seeking franchisees. This includes, for example, global leader Action Coach, Business Doctors and Prized Asset Business Coaching Ltd. Renovo is a business coaching business aimed at senior executives of larger companies. Whereas Ology has created a “Behavioural Coaching Community” of independent professional providers.
The best advice to give yourself is to contact us to get the most up to date connections and intel on business coaching franchising.