The benefits of using business coaching

It has been reported that in a study of 101 small businesses in the US, almost 58% of them use business coaches.  So why use one and what are some of the goals that such service can help you achieve?

At first glance, it might seems that only a struggling business would want the services of a professional business coach but a business coach can do a lot even for successful businesses.  It is also a good stepping stone for individuals looking to start their own companies.  “Hiring a business coach can be a step towards identifying and achieving your business goals.”  A business coach can help you expand your business and make it more profitable.

“Think of a business coach as a mentor-for-hire they're not "consultants" in the traditional sense, because they have no interest in firing employees, cutting costs and improving your bottom line.” A business coach is an advisor who'll work with you to identify your strengths and weaknesses, help you set achievable goals and teach you how to track your progress, and motivate you to make the very best of your business based on your own needs.

Athletes often hire coaches to help them improve their skills even if they already have a solid foundation on which to build those skills.  Business coaches can work with you behind the scenes to help you become a stronger more focused business manager.  They can help you find solutions that will help you fulfill your potential.  “They act as a friend and advisor, looking at your business with an unbiased eye and guiding you in everything from time management to employee conflict resolution.”

You may be surprised to discover that business coaches can be surprisingly affordable, particularly when weighed against the financial benefits of their expert advice.  For as little as a few hundred dollars per month, a professional business coach can help you to increase your business's productivity, profitability, customer service satisfaction, employee morale and management turnover.  “With many coaches operating via e-mail and fax, you may not even have to be in the same city as your coach but they're just a phone call away with advice when you need it.”

“A business coach can be your secret weapon in expanding your business or making your career flourish, whether you need advice on website design, create marketing strategies or help in learning the skills to set effective goals.” Consider hiring a business coach as a positive step towards reaching your full business potential.  As a behind-the-scenes advisor, your business coach can help you earn more money, operate your business more smoothly, or become a more effective leader.

Additionally, coaching can accelerate the development of high performing mid-level managers. “In the course of an organization’s life there is a natural ebb and flow of old and new talent in and out of the organization and its leadership ranks.” To ensure the continued success of the organization, succession coaching ensures that sufficient attention is given to future leadership development.

Coaching also enables leadership team development.  Think about combining individual and team coaching for the senior leadership team.  “The combined approach allows senior executives to identify their own growth goals, but also to implement a process which supports their responsibility for developing their subordinate managers.”

Business coaching can also lead to conflict resolution between managers of a business that might not see eye-to-eye and help them develop mutual understanding and trust.  “It makes sense that intelligent people will disagree from time to time about how certain missions will be accomplished.”  However, when the conflict threatens the collaborative efforts of a team, the situation must be addressed before ongoing resentments destroy the team.  Executive coaching can be structured to ameliorate the differences that create conflict between people who need to work together and strengthen the team for continued success.

Here are some business coaching services in NYC that you might want to check out.

“Executive Coaching Group”: http://executivecoachgroup.com/1on1coaching.html?gclid=CPncvNyY868CFUZN4Aod_jJvYA

“BPA Business Coaching”: http://www.bpacoaching.com/newyorkcity-executive-coach?gclid=CODKvvWY868CFUSK4AodmSkhZQ

“Manhattan Business Coaching”: http://www.businesspsychologysolutions.com/

Until next time…