| A franchise helps you to benefit from a proven | | | | support options. |
| business experience of a larger organization. You | | | | Contact Professional Trade Associations- They might |
| have to pay a franchise fee to the franchiser to | | | | be able to authenticate names of the recognized |
| access the right to run their business. | | | | coaching businesses and their suppliers and owners in |
| There are distinct advantages in buying a franchise | | | | the industry. They will also verify the market |
| than starting your own business. You need to have a | | | | research data and other useful information. |
| business plan that establishes the resources and | | | | Refer to the various books for gaining business and |
| capital you would require. The challenge is to find | | | | marketing tips. One such reference book is The |
| credible and reliable information. | | | | complete guide to coaching at work. |
| The following are some of the places you can | | | | Business coaching articles - Always refer to the |
| consider: | | | | articles coming from credible sources. You will get |
| Business coaching franchise There are many existing | | | | information on variety of issues that need sorting |
| coaching franchises that resell their franchises. The | | | | out. |
| coaching franchise industry is quite valuable to the | | | | Mentor - A senior coach who is well settled in the |
| people who plan to sell it. If you are considering | | | | business can present excellent guidelines about initial |
| purchasing a franchise, the franchiser will provide you | | | | issues involving costs and might even be ready to do |
| with the data on the initial costs. Crosscheck the | | | | some research work for you. He can help you to |
| figures that the franchiser gives you by contacting | | | | improve your business and marketing plans through |
| the existing franchises after referring to the phone | | | | the decisive first year. |
| book. Question them about how close the figures are | | | | A thorough research can tell you: |
| and see if the franchiser projections match the actual | | | | . Whether you can become a business coach. |
| income. | | | | . Where to look for the knowledge, resources and |
| Existing independent business coaches, besides than | | | | the support you require. |
| business coaching franchise holders - Contact the | | | | . Ways in which you can augment your chances of |
| people who are already in the business, same as the | | | | success in the business. |
| one you intend to start. You will get a great deal of | | | | Before you jump in: |
| information by contacting them. You can even | | | | 1) Take professional advice from a lawyer before |
| contact business owners in other geographic areas. | | | | signing any agreement. |
| Suppliers: A good resource of information - Another | | | | 2) Check viability of business by consulting an |
| good resource for all kind of information is to contact | | | | accountant. |
| the suppliers, such as developers and suppliers of | | | | 3) Carry out market research to see if the franchise |
| coaching technology, coach training schools and tools | | | | is right as business coach. |
| and techniques. Ask suppliers for the start up | | | | 4) Steel yourself for hard work - running a business |
| coaching service kit, information about client coaching | | | | requires commitment. |
| courses, other coaching inventory packages and the | | | | |