As a new small business owner, there may be times when you aren’t sure about what to do or how to go about doing something. If you’ve recently launched your company, a business coach may be just the person you need to help you make the right decisions.
Since you’re the boss and the buck stops with you, a business coach can serve as your accountability partner. You need someone to follow-up with you, to make sure you’re staying on track, because it can be easy to procrastinate and get complacent when you’re self employed. A business coach not only helps you develop goals but makes sure you’re taking the right steps to achieve them. A good coach also gets to know your company inside and out, so unlike friends and family members, they can give you unbiased opinions about aspects of your business that could use improvement. And, if your coach has worked in multiple industries, ideas they share from a different industry can offer a unique spin in yours.
Experienced business coaches tend to be well connected, and they sometimes give their clients marketing and networking tips and leads, so your coach can might be able to help you network with other self-employed people in your community. Perhaps your coach knows a local accountant or a quality printing service to recommend. They might even introduce you to other business leaders, further expanding your networking circle. This can have a significant impact on your business as it can be challenging to meet people when you’re busy trying to get your business off the ground.
The expense of a business coach is worth it when you’re ready to take your company to the next level.