What Should a Great Business Coach Should Do for Your Business?
The business coaching industry has grown exponentially over the last two decades. There are now roughly 50,000 firms that provide business coaching in the U.S. alone. It’s a growing field and one that doesn’t appear to be slowing anytime soon.
With so many firms offering business coaching services, it can be overwhelming to choose one for your business. Sometimes it can be hard to pinpoint what qualities to look for in an effective business coach, and selecting one can feel like a guessing game.
Here are four essential roles a business coach should play for the small business owner. Look for these elements to ensure the right match for you and your business.
At its core, coaching is about discovery. Coaches help small business owners discover what’s missing in their vision and direction for the company. A great coach is able to step back and see the big picture and will help business owners discover the answers on their own by asking the right questions.
Many small business owners have transitioned to entrepreneurship from a career as an employee. Even those with management experience may not be used to being the ultimate decision maker. That can leave new business owners with more questions than answers. They don’t have experiences to draw from, and can quickly become frustrated. Coaching can provide the clarity that many business owners need to make decisions but cannot discover on their own.
A qualified business coach should bring strategic business skills that the small business owner can tap into to shape the future of their business. These skills can make the difference between success and failure in a coaching relationship. A great coach brings a track record of business success, and can impart the lessons they learned in the trenches. This strategic piece of a coaching relationship can help align future goals and plans with the mission and vision of the business.
NO business – or business owner – is the same. A savvy business coach should not assume the strategy they’ve created for one business owner will work for all clients.
The needs of each small business owner are unique and specific, and a coaching program should be tailored to the individual. An experienced business coach should have the ability to develop a customized plan for each business that meets the personal, professional, and business needs of the client.
Being a small business owner can feel like walking alone down a tricky path whose finish line is unclear. It’s a solitary journey. A business coach is a partner that makes the walk with you and provides support. Coaching can accelerate the learning curve and remove some of the obstacles small business owners face.
When you begin the search for a business coach, you have committed to taking action to improve your business. It’s a big step, and one that should not be taken lightly. Many coaches offer a trial session that can help you find the right fit. Take advantage of it so that you can make an educated decision.