Starting a business is the dream of many. “Among the most common motivations, 55 percent of respondents said that they were opening their own business because they wanted to be their own boss (Guidantfinancial, 2019).” The next most popular reason is the ‘pursuit of a passion’. But desire and passion doesn’t always make for success.
“As a matter of fact, more than 50 percent of small enterprises fail in the very first year, and more than 95 percent of small startups fail within the first five years (Convergehub, 2019).” This astonishing statistic has been further fueled by the pandemic. Small businesses have come under even more pressure worldwide in the face of these unprecedented times. But since economic stability and growth is fueled by small business growth, it is vital that there be a champion for small business globally.
“Over 90 percent of the business population represents small- and medium-sized businesses, also known as SMEs (SalesForce, 2019)”. ActionCOACH, the world’s largest and most successful business coaching franchise, has been dedicated to reversing the trend of business failure and works with more than 18,000 businesses weekly to ensure that small enterprises all over the world remain vital and growing. To that end, ActionCOACH is announcing a global expansion in the coming months.
ActionCOACH is exploring opportunities in some of the most exciting and fastest growing markets all over the world. Plans to expand include franchises in Northern Africa, being Kenya and Nigeria. Director of Global Sales, Vic Ciuffetelli says “It’s exciting to see our organization reaching into new territories and markets. As the originator of the business coaching industry, we believe it is our responsibility to continue improving the lives of business owners all over the world.”
In addition to northern Africa, ActionCOACH is opening Master Licensee and franchising opportunities in Denmark, Thailand, Poland, South Korea, Hong Kong, Russia, Taiwan, and Italy. These untapped markets offer new franchise partners endless possibilities with low competition and high potential growth. The economies in these areas are already showing a rebound and will allow ActionCOACH to serve business owners by helping them develop new strategies to build stronger teams, make more money and ultimately be more profitable.
Choosing to partner with a franchise partner with the extensive experience and expertise like ActionCOACH positions our franchisees to be very successful. The proven and tested systems provide a roadmap and infrastructure that allows franchises to hit the ground running. Whether in a single coaching practice, building a firm or operating a Master License in a region, our franchise partners find satisfaction by running a business that gives them the freedom and financial stability to live the life they dream of…
It’s time business coaching becomes an essential for more businesses worldwide. Like traditional legal and financial services, small to medium size businesses need the objective counsel of a certified business coach to help them reach beyond their comfort zones. In today’s competitive and unpredictable economic environment, business owners need an ally, confidante, and coach to help them reach their highest potential.
Like world-class athletes who look to coaches to improve their swing, mechanics and techniques, business owners need that same expertise to keep them at the top of their game. Joining ActionCOACH as a franchise partner can open new and exciting avenues for your future and the future of your community.
Visit https://www.actioncoach.com/international-franchise-opportunities/ to learn more.
Reason #1: Different styles and methods of business coaching don't work for everyone
It's important to be honest with yourself and conduct a realistic assessment when it comes to business coaching. Though business coaching can have many benefits, it might not work for everyone.
Every individual brings their own experiences and values to the coaching dynamic, so results will vary. Additionally, some individuals might need more than just a coach. They might also need specialised knowledge or communication strategies specific to their industry or target audience. Below are a few key factors to consider:
Reason #2: There is no clear focus or vision (talk about time dedication here too)
cIt's important to be honest with yourself and conduct a realistic assessment when it comes to business coaching. Though business coaching can have many benefits, it might not work for everyone.
Business coaching is an effective tool for developing a clearer focus and vision for growing your business. A good coach will help you to take a comprehensive look at your strengths, weaknesses, and available resources that can be used to reach those goals. They will also help you draw up action plans with step-by-step instructions to get there.
By providing honest feedback and being patient throughout the process, a business coach can make sure that you’re on the right track. This will enable you to set realistic milestones and tasks.
These tasks may need dedicated time outside of coaching sessions. For example, a coach might help a client develop a marketing strategy or implement new systems for managing employees. However, if the client does not have enough time to devote to these tasks outside of coaching sessions, progress will likely stall.
Both the coach and the client must have enough time available to reflect on past experiences, brainstorm new solutions, and test out different strategies. If either party is rushed or distracted during coaching sessions due to other commitments or obligations, they may struggle to fully engage in this process.
Effective business coaching also requires a commitment to regular meetings and ongoing communication. If either the coach or the client does not have enough time to dedicate to these meetings, progress may be slow or nonexistent.
It's important to recognise that business coaching is an ongoing process that takes time to yield results. While some clients may see improvements after just a few sessions with their coach. Others may need months or even years of consistent effort before they begin seeing real changes in their businesses.