You have a lot of choices when it comes to starting your own coaching practice. Ask yourself what you really need to get started. I'm guessing (from my own experience!) that what you'd like to have is a pricing strategy, some ideas on how to structure your services, a solid marketing plan, and maybe some pre-built tools, like contracts, spreadsheets, online dashboards, etc. You are happy to pay for that expertise but question paying a huge up-front fee ($35,000-65,000 for some franchises!) and a cut of your profits.
No worries. You don't need to. After 10 years of running a successful business coaching practice, I decided to 'franchise' my model. After one quick meeting with my business attorney (Hoopes and Adams), I decided to license my processes to help others build new, successful business coaching practices, rather than try and franchise it. It was a win-win situation!
Let me share something else with you. In my now-14 years of business consulting, I have run through many iterations of business coaches who tried and failed, using those large, expensive business coaching franchises. They paid much of their severance packages on these franchises, then paid a monthly cut of profits, only see to struggle so hard they decided to give it up and go back to work. With my program, you only pay $3500 up front for training you'll always have, a large library of materials you'll always use, and an online tool (the www.DashboardToSuccess.com) you'll always use. The only monthly charge is for ongoing access to programs you'll use, not a cut of your business.
So, at least give us a call and a conversation before you make this important choice. We look forward to being your partner as you grow your practice.
No worries. You don't need to. After 10 years of running a successful business coaching practice, I decided to 'franchise' my model. After one quick meeting with my business attorney (Hoopes and Adams), I decided to license my processes to help others build new, successful business coaching practices, rather than try and franchise it. It was a win-win situation!
Let me share something else with you. In my now-14 years of business consulting, I have run through many iterations of business coaches who tried and failed, using those large, expensive business coaching franchises. They paid much of their severance packages on these franchises, then paid a monthly cut of profits, only see to struggle so hard they decided to give it up and go back to work. With my program, you only pay $3500 up front for training you'll always have, a large library of materials you'll always use, and an online tool (the www.DashboardToSuccess.com) you'll always use. The only monthly charge is for ongoing access to programs you'll use, not a cut of your business.
So, at least give us a call and a conversation before you make this important choice. We look forward to being your partner as you grow your practice.
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