Being the Number 1 Business Coaching Franchise in the world, we often get asked a lot of questions about the ActionCOACH Franchise. We get plenty of questions about what exactly ActionCOACH is, what it means to be a business coach, what you do as an ActionCOACH Franchise owner and why people would choose to join ActionCOACH. Because these questions are often asked we decided to answer them in this blog article.
What is Business Coaching?
A question we often get asked is: what exactly is business coaching? Basically, business coaching is a resource used to take a business from its current standing to where the business owner would like it to be. The role of a business coach is to assist and guide business owners in growing and expanding themselves as business people and to then grow the business itself. This starts by helping the business owner clarify their vision and goals of their business. The ActionCOACH Franchise has been a pioneer of business coaching since the early 1990s. Since then, the term ‘business coach’ has become synonymous with business performance and growth, and it is as focused on the business owner as it is, its team, processes, sales and marketing.
Business coaches take their business experience, add it to ActionCOACH’s proprietary and copyrighted systems, and coach business owners to personal and financial success. Business coaches generally help guide owners of small-to-medium sized businesses, but sometimes even larger corporations to help them keep pace with all the changes and innovations going on in today’s modern world of business, marketing and sales.
What is the ActionCOACH Franchise?
ActionCOACH is the Number 1 Business Coaching Franchise in the world. The ActionCOACH brand has been internationally franchised since 1997 and currently has over 1,000 offices in 70+ countries around the world. Founded by Brad Sugars, ActionCOACH started when Brad began running seminars and workshops for SME owners in Australia and New Zealand. It’s through Brad’s knowledge and innovation in the world of business coaching that for the first time, business owners had access to powerful, yet simple and affordable, sales, marketing and team building strategies that eventually changed their businesses and their lives.
Today, over 380,000 ambitious entrepreneurs have attended ActionCOACH’s seminars. Furthermore, more than 150,000 business owners around the world have found out that hiring an ActionCOACH Business Coach is undoubtedly one of the best business and personal decisions they could make.
How Much Can I Earn Owning an ActionCOACH Franchise?
This is perhaps one of the most frequently asked questions we receive and we get it, you want to know your potential earnings as an ActionCOACH Franchise owner! Well, here are just some basic figures to give you an idea of how much you can earn.
ActionCOACH’s flagship product, our 1-2-1 Mentoring Program, is generally how most ActionCOACH Business Coaches make over 80% of their revenue. As a guide, revenue is around $2,000 per month, per client. This program involves running weekly or fortnightly sessions for roughly an hour with each of your clients plus another hour in preparation and follow up. You can either do this over the phone, using an online platform such as Zoom or Skype, or in person. During these sessions, you will guide your clients in the execution of specific strategies relevant to their business and also work towards improving business behaviours that could be creating constraints in the growth of the business. Apart from our 1-2-1 Mentoring Program, ActionCOACH also offers additional products and services such as:
- Alignment Consultations (initial onboarding)– from $1,200
- ActionCLUB Group Coaching – from $1,500
- PlanningCLUB – from $2,500 per attendee
- Executive Business Coaching – from $500 per hour
- GrowthCLUB 90 Days Planning – from $350 per attendee
- MentorCLUB – from $500 a month per member
- In-house Training – from $2,500 per day
- Books, DVDs and CDs retail – from $18 – $695
What do you do as an ActionCOACH?
So … what do you do as an ActionCOACH? Essentially, your role as an ActionCOACH is to help owners of small-to-medium sized businesses with the growth of themselves as business owners in the areas of sales, marketing, management, direction and goal-setting. If you really want to simplify what it means to be an ActionCOACH, basically you are your clients sounding board, confidant, mentor and accountability coach.
When people ask what do you do as an ActionCOACH, the question is generally followed by: what does the average day look like? And whilst that’s difficult to answer specifically, because every day is different, we can say that throughout the week you’ll create your own routine and be doing similar things in marketing, sales, onboarding, coaching and building relationships. Here’s an example of how you might invest your time as an ActionCOACH. One day you are meeting with a prospective client, another day you are conducting 3 or 4 coaching sessions, and the next day you could be preparing and delivering a seminar to a group of business owners. Perhaps the best thing about joining the ActionCOACH Franchise is that you have the freedom and flexibility to choose how you invest your time for the results you want to achieve.
Why Should I Choose ActionCOACH?
Finally, people like to know why they should choose ActionCOACH over other business coaching options such as purchasing templates and guides and going it alone. Apart from the fact that ActionCOACH has by far the most extensive level of experience in the business coaching industry, as an ActionCOACH Franchise owner, you’ll become an integral member of a company that started the industry.
The next steps
Furthermore, we offer incredible support to all our franchise owners. When you join the ActionCOACH family, your initial 7-day training program is only the start. At ActionCOACH, we make sure our franchise owners are always learning, growing and improving their skills. We support our franchise owners with coaching, constant reading materials, seminars, workshops, conferences and online group forums to make sure you’re kept up to date with business coaching best practices at all times.
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FranchiseMarch 7, 2018