ActionCOACH shares mindset tips for lockdown

ActionCOACH franchise
ActionCOACH ActionCOACH is the world’s #1 business coaching franchise

Buying a franchise is a great way to reduce risk in business ownership as you will be buying proven systems and a support network to help you succeed. If you are the type of person who gets a buzz from helping others succeed, loves learning and developing yourself and have enjoyed success in your career or sport, this is the fastest route to freedom and fulfilment that any franchise partner can enjoy.

Request information
Read more
Published on

ActionCOACH franchisee Darryn Le Grange has shared five tips for struggling business owners to remember during the COVID-19 pandemic.

The award-winning coach, who operates a location of the business coaching franchise in South Africa, shared some sage advice that bosses across the world should take on board. He outlined how the right mindset is crucial to staying sane through this crisis.

“It is important to remember that this is nobody’s fault. Playing the blame game will not help you, it will only make you bitter and distract you from available opportunities. Stay in a positive frame of mind and focus on what you can control.”

Secondly, he reminded business owners to measure and manage their cash flow on a regular basis and to step in as early as they can to mitigate issues. He also explained how open communication is key during this time.

“Regular communication with all relevant stakeholders during this time is crucial. Let your customers, staff, suppliers and community know of any changes to your services or delivery and what steps you are taking to mitigate the risks in your workplace.”

Le Grange also emphasised the importance of marketing and selling throughout this time.

“Remember that marketing should be an investment and not an expense. There are numerous marketing strategies that cost little or no money. Identify the strategies that are bringing in the leads, implement a ‘test and measure’ system for all your marketing campaigns and always ensure that any new business acquired brings in more gross profit than the marketing cost spent.”

Finally, the experience coach urged business owners to treat everyone in their network kindly.

“Make sure you are checking in on your staff and customers regularly and show them that you genuinely care. Show compassion and always put people before profits - especially during this time.”

He concluded by instructing company owners to look at this as a time of personal and business development opportunity, despite the challenges it may bring.

Other recent news
Did you enjoy this article? Please rate this article
Be the first to rate this article
These articles may interest you

Marketing Your Franchise: How to Write a Great Blog Post

Thinking about marketing your franchise? Blogs and news pieces are a [...]


DEVELOPING YOUR OWN BUSINESS IN FRANCHISING

5 Lessons We Can Learn From These Franchising Giants

Analysing the world leaders in franchising can teach us a lot about how [...]


INTERNATIONAL FRANCHISES

Q&A: Does Jasper's Franchise in the UK?

If you’re interested in starting a catering services franchise, [...]


FOCUS ON BUSINESS SECTORS

Franchising 101: The 4 Stages of Franchise Growth

As a franchisee, your business will go through four distinct stages [...]


TRAINING AND FRANCHISEE SUPPORT

Looking Back: Franchising Lessons We Never Expected to Learn in 2020

Last year was tough for virtually every business owner, but there are a [...]


START A BUSINESS

0 Comments

Post a comment

The comment will be public. If your are interested by this Franchise, please fill out your personnal details on the request information form.

Characters remaining: 250