Whether you are a budding entrepreneur just starting out or you have been running your business for years, a business coach can be that missing piece of the puzzle that will take your business to new and improved heights.
While they can’t wave a magic wand and all your business dreams will come true they will help set you on the path to success. So if you are wondering ‘how can a business coach help me?’ then allow us to explain…
Giving your business a direction
Ever feel like the wheels are turning but you are unsure of where to go next? Not knowing exactly what steps to take to propel your business forward is a conundrum that holds a lot of small business owners back. A business coach can provide the clarity you need by helping you define a clear direction for your business. True success isn’t about short term wins but a long term strategy.
Having a clearly defined direction of where you want your business to go will help you make better informed decisions. This will set you apart from the competition and help your business grow from a small operation to a highly credible brand.
Setting actional goals
Without clear goals, it’s easy to feel like you’re simply treading water without any real forward propulsion behind you. By breaking down tasks into manageable milestones, you’ll be able to track your progress and stay on course towards achieving your objectives.
A business coach can help you set not just goals but SMART goals—specific, measurable, achievable, relevant, and timely. Because, let’s face it, without well defined goals you may struggle to meet your targets, or even know if you are making any progress. Actionable goals set clear expectations for you and your staff so you know exactly what you have to do to meet and hopefully smash them.
Financial planning and budgeting
We don’t like to brag, but when it comes to numbers we kinda know our s***. We are expert creative accountants, after all. So we know all too well that a solid financial plan and budget are essential for your business to run correctly.
From managing your cash flow, knowing your expenditure, minimising your costs and maximising your profits, a business coach can help you crunch these numbers, meaning that your business finances are in better shape than a marathon runner. In the peak of their career. Stood at the start line in a state of razor sharp focus and anticipation.
Personal development
Running a successful business isn’t just about making money, it’s about personal growth, too. When wondering ‘how can a business coach help me’, remember a good coach will not be solely focused on your business but on you as a business owner too.
A business coach will help you reach your full potential by developing your communication, leadership and decision making skills so you can run your business with confidence and establish yourself as an expert in your field. It will also help you to manage your team more effectively as you learn how to get the best out of them.
Providing honest feedback
When it comes to your business, we know it’s personal. But this means that sometimes as a business owner you can’t see the wood for the trees. A business coach can offer a fresh pair of eyes and perspective and provide you with that oh so important feedback. Someone that can tell you truthfully what is working well and what’s not will allow you to capitalise on your strengths and identify areas for improvement to help your business to grow.
Holding you accountable
We all have days when motivation is hard to come by. When you would rather hit the snooze button then get up for that early morning gym session. But if you know your personal trainer is waiting for you, stopwatch at the ready, it’s going to make you a lot more likely to get up and out. It’s the same with a business coach. They make sure you keep on track with your goals and help you stay focused and committed no matter what obstacles may come your way.
Insider knowledge of your industry
What makes a business coach so useful is their industry knowledge. But not all business coaches are created equal. When deciding ‘should I get a business coach?’ It’s essential to choose one with the right credentials and who understands your industry inside and out. Otherwise you will end up with, at best, overly generic and, at worst, complete useless advice.
As an expert business coach for accountants, we have worked in the accountancy industry for over 20 years, growing a highly successful accountancy firm focused on boosting business for creative businesses in the process.
Through specialising as accountants for the creative industry we have helped a wide range of creatives to grow their dreams into a reality, from writers to marketing agencies, to photographers and more. This has given us the expert experience and insight into what it takes to build a successful business both for accountants and for creative business owners too.
So now you know the answer to how can a business coach help me? It’s time to decide if it’s the right move for your business.
Whether you run your own accounting practice or creative company, through our expert business coaching we have the expertise to help you take you and your business to the next level. Get in touch to start your journey now.
