BGES

So you’d like to start a business. Or maybe you’re already running one, but you’d like to pick up momentum? With the right guidance, any business has the potential to be rewarding, but without it you might find yourself spinning your wheels. If this, is you, or someone you know, consider hiring a business coach Parramatta.

Business coaches are skilled professionals who assist small business owners in developing and improving their organizational skills. A good coach can help their clients identify flaws in their current strategy, and help them map out a plan to better achieve their goals.

There are many ways that business coaches can be of assistance to small businesses. Here are the 4 most important:

1. An outside perspective.   A coach will look at your business with fresh eyes, which allows them to provide unbiased feedback on your current strategies and point out any flaws that you might otherwise miss.
2. A plan of action.   Business owners often get so caught up in day-to-day operations that they lose sight of what needs to be done for their business to grow and succeed. Coaches can help them map out a plan for the future, taking into account all aspects of the business.
3. Customized advice.   One of the most effective tools that a business coach can provide is well-researched, customized advice for their client’s specific situation. Studies show that small business owners are often very dissatisfied with generic business advice; they can often create more effective plans when they work with someone who has knowledge of their industry.
4. Accountability.   When you make a plan with your coach, you know that they are there to help you stay on track and help you see your plan through. While accountability is just as important for business owners who work alone or have partners, it can be extra helpful when working with an outside expert who isn’t personally invested in your business.

How are Business Coaches Qualified?

Today’s coaches come from a variety of backgrounds, and the type of advice they provide varies accordingly. Many coaches are business owners themselves, while others have extensive experience working in an industry relevant to their clients’ businesses. Others might specialize in helping small business owners develop organizational skills or learning how to effectively delegate tasks within their organization.

Regardless of their background, business coaches are required to meet rigorous standards in order for coaching organizations to certify them.

What Should I Expect from a Business Coach?

Once you find a coach that you’re interested in working with, the first step is to set up an initial, no obligation consultation. During this meeting, your coach will discuss your goals for working together and ask questions about your business to better understand what areas they should focus on. They’ll also be able to give you a rough indication of how much time and money working together might cost.

Be sure to do your research when hiring a business coach. Ask questions about their background, qualifications, and specific expertise. Look for someone who has relevant experience working with businesses similar to yours, and make sure that you feel comfortable with the person you choose to work with. If a prospective coach seems to be rushing you through your consultation or discourages questions, they might not be the right fit for you.

Do’s and Don’ts of working with a business coach:

Do           Ask questions to make sure that you’re comfortable working with your coach.

Do            Keep an open mind about the advice they give you. A good business coach won’t force their opinions on you, but will provide insight into what could help your business grow.

Don’t      Expect them to fix all of your problems. Coaches are not magicians; they can’t work miracles or do your job for you. They are there to help you be more efficient and productive in the way that best works for you, not to complete tasks for you.

Don’t      Be afraid of asking them for an honest opinion about your business. Your coach is not out to get you; they are there to give you the information that you need to succeed.

How Can I Find a Business Coach?

One of the best ways to find a business coach is to ask around. You can get referrals from other small businesses that might have worked with coaches in the past, and seek out people who do work that interests you. We at Business Growth and Exit Specialists (BGES) in Parramatta are one such group of people. BGES is a group of business-oriented professionals, the type that can take your business to far lengths. We have business coaches in Parramatta and Sydney who can help you grow your business at every step of the way.

We offer comprehensive services for small to medium sized businesses that are planning an exit or advance or plan their business at any point in time. If you require any services of that sort, do let us know and we’ll be there!

Visit our website for more information