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10 Reasons to Own a Business Coaching Franchise

You’ve gained quite a bit of experience in the corporate or military world and are thinking of becoming a professional business coach. You have worked hard for corporate America for years and have decided it’s time to work for yourself. You know it’s time to utilize your experience and knowledge to coach others.

What if you are not sure how to start your own coaching company?

Have you considered investing in a business coaching franchise?

Years of Research at Your Fingertips

A business coaching franchise has proven curriculum developed from years of ongoing research. The franchisor stays on well-informed about the latest trends in the workplace. They update their proprietary business coaching materials regularly, so that you don’t have to spend time researching, writing and updating training materials and processes on a regular basis.

The franchisor has years of experience in figuring out what works and what doesn’t in the business coaching industry, so that you don’t have to “find a better way”.

The benefits of going into business for yourself, but not by yourself, as a business coach franchisee, outweigh starting a coaching company from scratch.

Why Franchisee Benefits Outweigh Sole Ownership

Need more reasons why a business coaching franchise is a wise choice? Here are a few:

  1. Quick launch time
  2. Marketing support for the lifetime of the franchise
  3. Expert business coaching advice for the lifetime of the franchise
  4. Unlimited access to the franchisor for guidance and direction
  5. Unlimited access to fellow franchisees for advice and suggestions
  6. Skip the “trial and error” phase of starting a company by yourself
  7. The franchisors assistance in developing a business plan
  8. The franchisors guidance on how to manage yourself, your time and resources
  9. Fully developed curriculum, including training that can be tailored to specific customer needs
  10. Regular updates to the curriculum to keep coaching practices in sync with the industry

“You can start your own business coaching company,” says Ray Fabik, President of The Growth Coach. “but you’re going to go through fifteen years of trial and error, developing materials from scratch, finding activities and programs that work or — more often — don’t, to find that right balance of what works. We’ve built the system, tested it, refined it, and it’s turn-key. So, the answer to the question ‘Why can’t I?’ is more ‘Why would you?’”

Remember, with a franchise, you as the owner make the final decisions about marketing, how to sell your services, how to manage your time and resources, and whether to grow your business or not.

While you focus on coaching people, the franchisor focuses on providing you with recognized branding, ongoing strategy and support to succeed.