Sunday, February 4, 2007

Business Coaching UK Small Business Owners

Small businesses need a coach to help with getting away from fire fighting endless problems within the business and instead to concentrate on the important issues like systematizing the business so it can work without the business owner.

This situation would place great value onto the business as it could be sold. The new owners of the business would value proven processes and operations that can be easily replicated and implemented. A business where it is not just reliant on the business owner to survive and that owner can be replaced means the working model is very easily repeatable. This is often shown in the franchise model.

The franchise model works on the basis that operations and systems are sold to new owners in the knowledge that provided the model is professionally run as instructed it will be successful. Statistics show franchises have a much higher level of continuity than a new start business. In fact the figures for new start ups are very poor and concerning, most new businesses will fail within five years.

A classic example of a great franchise is MacDonald's, the most successful franchise in the world. It's worth is not in selling hamburgers but in a prove system that produce repeatable, profitable businesses that work time and time again.

So a coach will look at first evaluating the business and taking an in depth fact find of the business. This will help the business coach to firstly get a good understanding of the business it is trying to help and also to aid the business owner to understand their business more fully.

From the business evaluation strengths and weakness within the business will be identified. From this list it can be then decided in priority which issues need to be dealt with. It is often the case that the owner will have to grasp the fact that they must start dedicating more regular time to working on their business, time management is often addressed to organise what is important.

Small businesses need a coach to help with getting away from fire fighting endless problems within the business and instead to concentrate on the important issues like systematizing the business so it can work without the business owner.

This situation would place great value onto the business as it could be sold. The new owners of the business would value proven processes and operations that can be easily replicated and implemented. A business where it is not just reliant on the business owner to survive and that owner can be replaced means the working model is very easily repeatable. This is often shown in the franchise model.

The franchise model works on the basis that operations and systems are sold to new owners in the knowledge that provided the model is professionally run as instructed it will be successful. Statistics show franchises have a much higher level of continuity than a new start business. In fact the figures for new start ups are very poor and concerning, most new businesses will fail within five years.

A classic example of a great franchise is MacDonald's, the most successful franchise in the world. It's worth is not in selling hamburgers but in a prove system that produce repeatable, profitable businesses that work time and time again.

So a coach will look at first evaluating the business and taking an in depth fact find of the business. This will help the business coach to firstly get a good understanding of the business it is trying to help and also to aid the business owner to understand their business more fully.

From the business evaluation strengths and weakness within the business will be identified. From this list it can be then decided in priority which issues need to be dealt with. It is often the case that the owner will have to grasp the fact that they must start dedicating more regular time to working on their business, time management is often addressed to organise what is important.