Monday, August 14, 2006

Start a Business Coaching Service

Business coaching services basically provide companies with advice and guidance on improving their companies and making them more successful. Running a business may be difficult and draining, especially for new business owners. Having the ability to call on someone for help may be valuable enough to many business owners and managers to pay for the convenience.

The First Steps

If you are serious about getting into business coaching services, you should research the market in your area. Check the phone book and internet to see what services are already being offered. You want to be careful not to flood the market with a service which can not be supported by the clientele available. You can also ask professionals you know for guidance and suggestions.

Another valuable source of information is small business organizations in your area. There are private organizations as well as branches from the Small Business Administration (SBA) readily accessible across the country. Check to see what is available in your area and utilize what services are available. There is no reason to do unnecessary work if it has already been done by another entity.

Business cards

Once you have decided to go into the business coaching business you should design business cards and letterhead for your company. You may do this yourself and print them at home, you can hire someone to design them, or you may wish to utilize a printing company. In the beginning, you probably want to avoid unnecessary expenditures if possible. The important thing is to have professional cards you can hand out with confidence. There are also websites on the internet that provide free business cards in order to earn your loyalty; this may be a good option for you, especially in the beginning.

Website

You may also consider setting up a website for your business coaching business. If you can design it yourself, this is a fairly inexpensive form of advertisement that can be very impressive if done properly. There are various hosting sites and domain registrars; simply look on the internet to see what you can utilize. Some hosting sites are very expensive, while others charge less than $5.00 a month. There are also various programs you can use to design your site. You may buy special software, utilize the software offered by some hosting sites, or simply use Word to create your website. The important thing is to put something together that looks professional and draws business to you.

Clients

Once you have business cards and a website, you should start trying to recruit clients. You should have a professional image with all of the work you have already put forth. You can utilize contacts you already have or start by approaching companies that may need business coaching services. The important thing is to get started. Many people will do the preliminary work only to freeze up when it comes time to actually start working. Get out, meet people and tell them what you have to offer - after that growing your business should be easy.