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What Is Small Business Coaching?

By Darren Finkelstein
By Darren Finkelstein

The Accountability Guy®

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What is small business coaching?

Most small business either operate on a constrained budget or lack the resources and expertise for further growth. Unless you come from a trained business background, chances are that you will no doubt need help. Whether it’s with some aspects of running and expanding your business. You should get help from well-qualified professionals who know the ropes.

That is where small business coaching comes in.

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What Do Small Business Coaches Do?

A business coach is either an individual, team or firm that helps identify the strengths, weaknesses and possible strategies for your business. The job of a business coach is to analyze the current standing of your organization and provide solutions to your challenges, constraints and issues with the purpose of helping your business expand or rather work more efficiently in its present form.

The arsenal of a business coach consists of sound advice, suggestions and tips garnered from insider experience in your related industry that makes them aware of the common problems that arise in your niche and the quickest ways to resolve them effectively.

These services can be delivered in the form of one-time consultations and evaluations or regular coaching and mentoring classes or sessions that actively resolve issues as they arise through time, providing continuous support to your business.

This sense of ‘I’ve a lot of time’ and ‘I can do it whenever I want’ never lets you lift your business off the ground. It keeps you interested enough, but you never get to define a course of action to achieve those dreams. There’s always a tomorrow, right?

Ten Ways a Small Business Coach Can Help You

The job of a business coaching is more about teaching you how to make your business better rather than taking matters into their own hands with executive power. The following is a list of ways in which a business coach can help you identify and resolve the ongoing issues with your business and move forward with a comprehensive strategy.

  1. Identify Issues Within The Business
  2. Building Trust: A Coach Will Help You See And Build On Your Strengths And Strengthen Your Confidence In You And Company.
  3. Challenge Your Thinking: A Solitary Business Owner Only Works Under The Beliefs They Hold, Which Can Hold Back Them. A Coach Can Challenge Your Thinking, So That You Can See More Options And Avoid Sabotage Success In Limiting Beliefs.
  4. Expand Your Mind And Business: A Business Coach Can Help You See The Bigger Picture And Set Bigger Targets.
  5. Help Get You Unstuck: A Coach Will Help You Find Out Where You’re Stuck, And Get You Motivated To Step Forward Again.
  6. Help You Organize Your Activities And Goals: A Coach Will Help You Define The Actions You Want To Work On And Give You Tools For Time Management.
  7. Accountability: If You Don’t Follow Through, A Coach Will Expect You To Deliver On The Plan You Set Up, And Call You On It.
  8. Help You Come Up With Ideas And Refine Them: Coaches Have Experience That Can Give You Fresh Ideas Or Improvements To Old Ideas And Help You Find Out Which Ones Are To Try And Prioritize.
  9. Sounding Board To Get Feedback And Brainstorm
  10. Grant Advice And Share Know-How

How to Know if You Need a Business Coach

Business coaching can benefit all business owners, even experienced ones. But there are cases where coaching may or may not make the difference in achieving big success. Here are a few signs you could use a business coach ‘s help:

  1. You just feel stuck.
  2. You have not and you cannot come up with a plan.
  3. You’re overwhelmed.
  4. You need accountability and mentorship.
  5. You want to expand your knowledge and skill set.

How to Find a Small Business Coach

If you check out on each of the points listed above, you need a business coach. But finding the right person can be challenging. Here is a list of attributes to look for in prospective hires to help you filter out the amateurs from the experienced. The qualities you should be looking for in a business coach include:

  1. Does the coach have experience in your industry?
  2. Does the coach understand your goals and objectives?
  3. Also, does the coach communicate properly?
  4. Does the coach offer a clear strategic outlook?
  5. Does the coach have references and certification?

If the coach can fill out some of these requirements, then they may be a good option for your business. Always remember to make your objectives and goals clear to any business coach you hire. This ensures that they can accurately pinpoint the areas that need immediate attention while helping your growth in the long run as well.