How much does an ActionCOACH Business Coaching Franchise Cost?Matt
What is ActionCOACH Business Coaching Franchise and How Much Does an ActionCOACH Franchise Cost?
Although many of the franchises you’ll come across as you search for a business opportunity will sell physical products or offer a tangible service, there are some that are a little harder to categorise. These franchises sell an idea rather than a specific product and so are completely dependent on the enthusiasm, skill and commitment of the franchisees that invest in them.
One such franchise is ActionCOACH. This rapidly growing business sells business coaching franchises to people around the world. Although franchisees receive in-depth training before they start their business, a lot of the success of the company depends on their own personal experience and their ability to connect with their clients and provide them with the help they need.
This means that, if you’re considering investing in an ActionCOACH franchise, it’s even more important than normal to ensure that you’re the right fit for the business. Although much of the responsibility for this rests with ActionCOACH, it’s still incredibly important for prospective franchisees to put time, thought and research into ensuring the opportunity is right for them. Keep reading to find out more.
The company now known as ActionCOACH started out life as Action International back in 1993. The business was launched by entrepreneur Brad Sugars from his home in Brisbane, Australia. It began franchising in 1997 and soon grew to have locations in the US, Canada, Mexico and Europe.
ActionCOACH franchisees work with employees and owners of SMEs to help them improve their professional performance. They offer guidance, advice and a variety of tried and tested techniques to help clients achieve their professional goals and improve their work–life balance.
Franchisees are responsible for finding their clients and working with them to achieve success. This means that, as well as being experienced in business, franchisees need to be good salespeople if they’re going to make their venture work.
Business coaching is an incredibly fast-growing profession. More and more employees and business owners are turning to professional coaches to help them overcome challenges in their careers and to enable them to achieve their professional goals.
Some of the most common goals that business coaches help their clients to achieve are enhanced decision-making skills, increased confidence in the workplace and improved productivity. Often, business coaches can help their clients to overcome personal challenges by offering them a fresh perspective on the issue and coaches can also help their clients to improve their interpersonal skills. All this work is aimed towards helping clients achieve greater satisfaction both in the office and at home, enabling them to achieve their own personal goals.
Although business coaching is far from an exact science, it does have some impressive results. According to 2016 research from the International Coach Federation, 72% of people who worked with a business coach saw development in their professional relationships, 73% noticed an increase in communication and 80% felt more confident after their coaching experience. Overall, the report revealed that an overwhelming 99% of companies that hired business coaches were satisfied with the job they’d done.
Who can become an ActionCOACH franchisee?
The people best suited to being ActionCOACH franchisees are those who already have extensive experience in the world of business. Giving advice is always easier if you have first-hand experience of a situation yourself, and clients are more likely to take you seriously if you have a proven track record in business. If you have a natural acumen for business, you’ll probably find it easier to offer authoritative advice to your clients. There’s a good chance you’ll also find the training you undergo to become an ActionCOACH franchisee more intuitive too.
However, owing to the ActionCOACH business model, as well as being a business coach you’ll also need to be a great sales person. You’ll need to be able to find potential clients, convince them that you have something to offer and then get them to sign up to work with you. This isn’t always easy, so if you have a natural ability to sell yourself and your product, you’ll find it a lot easier to make a success of your business.
Before becoming an ActionCOACH franchisee, you’ll need to go through a thorough application process. You’ll be assessed for your business acumen, your sales technique and your commitment to the brand. If the franchisor is happy they you’re right for the job, you’ll be able to become a franchisee and start your training.
The training you’ll receive covers a variety of areas and introduces you to some of the 3,500 strategies and techniques the business uses to help its clients. Having an in-depth and thorough understanding of these techniques will help you to properly advise your clients in the future and help the people you work with to achieve their professional potential.
Benefits of becoming an ActionCOACH franchisee
If you have extensive experience in the world of business and are looking for an opportunity that allows you to share your passion and your expertise, an ActionCOACH franchise could be the perfect career move for you. Opportunities are available in a wide variety of geographical areas so you should be able to work direct from your home location.
Most of these types of franchises can be run from home offices, so there’s no need to invest in expensive rented space or professional equipment. This can be a real advantage for entrepreneurs looking for an affordable franchise opportunity. What’s more, as you’ll be working from home and won’t have to hire employees until your business grows, your general running costs should be low as well.
For entrepreneurs looking to improve their work–life balance, being able to work from a home office is a real advantage. Although you’ll need to travel to meet clients, much of the admin, marketing and day-to-day running of the business can be done without leaving the house, allowing you a lot more flexibility in your timetable.
As with most franchise opportunities, the harder you work, the higher your financial rewards will be. Although there are never any guarantees when it comes to business, the more clients you take on and the more successful they are, the more positively it will impact on your bottom line.
As the ActionCOACH name is already well known in the world of business coaching, you should find it relatively easy to find new clients and convince them of your credentials. ActionCOACH is already an international brand and its global network of franchisees have helped thousands of individuals and businesses to achieve their goals. Being able to demonstrate that you’re using tried and tested techniques and that you’re backed by this global brand will go a long way when attracting new business.
If you’re interested in becoming a business coach and a franchisee with ActionCOACH, the first thing you need to do is take a look at the opportunities available on our site. Next, get in touch with your chosen franchise to find out all about the application process and get the ball rolling on your career move.
To enquire about ActionCOACH, please fill out the enquiry form below.