Your Coaching Business Plan – Take Your Coaching Career To The Next Level

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How do you write a great life coaching business plan? There are a billion resources detailing how to write goals or take your coaching career to the next level, most of which are fine, but what you really need is to give yourself time to focus on your life coaching business plan. If you are serious about making this year a turning point in your coaching career, here a few tips that will help make a difference no matter what strategy you choose.

coaching Business Plan

Coaching Business Plan

You Need 24 Hours Dedicated to Working on Your Life Coaching Business Plan

The most important life coaching business plan tip is to give yourself a full day to plan. Not just an hour. Not even half a day. Smaller time blocks can be easily wiped off the face of the planet with a small emergency. An afternoon can also be easily whittled down to a half hour of scattered thoughts. That’s not going to give you a quality future for your coaching career. Give yourself 24 hours.

Create Your Life Coaching Business Plan in a Different Environment Away From the Usual Distractions

The other key aspect to making the most out of your life coaching business plan time is to get away from your usual environment. Get away from your usual distractions and conversations. Creating a powerful life coaching business plan that is powerful enough to take your coaching career to the next level is going to take focus. Daily distractions like the internet and the phone take away from your focus; and that’s power that is lost.

In your usual environment you think about how you usually think. If you want to take your coaching career to the next level, the same thinking that got you where you are will not get you to the next level. If you create your life coaching business plan in your home or usual workplace, you’ll tend to repeat what happened in the past. So get yourself to a different place. Find a nice area outside your usual town, even if it’s only a half hour away. Find a place to stay the night. Maybe drive to a bed and breakfast or campground. Go to sleep somewhere else and when you wake up start your day.

If You Give Yourself 24 Hours and Distance From the Norm This Can be the Best Year of Your Coaching Career

You’ll be amazed at the power that getting some distance from all the things that usually stop you can have on developing a powerful life coaching business plan. Give yourself this gift. Set yourself up to make powerful changes in your coaching career by creating an optimal planning environment. And have a very happy new year!

SPECIAL BONUS — If you would like step-by-step blueprints for generating a massive income from high paying coaching clients, I invite you to claim your FREE ACCESS to my coaching business video course. Click HERE to get it FREE.

Colette Seymann
JTS Advisors Bi-Designated Strategy and Accountability Coach

A Simple Life Coach Business Plan Template

Life Coach Business Plan Template

You need a business plan, and a life coach business plan template can help you create one that covers your life coaching business and helps to get your business off to a great start. This article will give you a quick and simple life coaching business plan template that you can use to help you write your own effective business plan.

Life Coach Business Plan Template

Life Coach Business Plan Template

Why Do You Need a Life Coaching Business Plan?

A well-written business plan is a way to anticipate and prepare for success yet it can also provide a contingency plan in case something goes awry. Life coaches often start their businesses without writing a business plan; they don’t think they need a plan since they are operating a sole proprietorship.

However, every business needs a business plan – even a life coach!

Why Should You Use a Business Plan Template?

Some coaches are experienced business owners and already know how to write a business plan, However, many coaches have no experience with starting and operating a business. They may not even know what a business plan is for. Those coaches need a life coach business plan template!

A business plan is just what it says – a plan. It offers guidance, references, and motivation. It is used to make decisions, and it can be adapted to fit changing market conditions and any changes in the coaching practice. It acts like a handbook for your coach business!

A Simple Life Coach Business Plan Template

Company Description

This will include administrative duties, people involved in the business, licenses and permits needed, accounting methods, and the type of business (niche, etc.)

Products and Services

This section the types of sessions you plan to offer (one-on-one, group, seminar, etc) and the prices you will charge. It also includes any products or services you think will be good for the business in the future (books, articles, DVDs, etc.)

Vision Statement

An example would be: XYZ Coaching plans to be a highly competitive coaching business that becomes the number one choice in __________ (your location) for people seeking effective and successful life coaching. XYZ Coaching also plans to build a successful online coaching business where it can reach individuals across the country.

Mission Statement

A mission statement is similar to the vision statement, but it more based in the present. It answers three questions: 1.) What the company does; 2.) Who it does it for; 3.) How it does what it does. Though these two sections are similar, they are separate on this life coach business plan template because all business plans should have both of these two section to define what they do in the present and where they plan to be in the future.

Market Analysis

This section should include a definition of your target market, and analysis of that market, and the outcomes you can offer to those in your identified market.

SWOT

Strengths, weaknesses, opportunities, and threats should be clearly identified. Knowing what you do best, what you need improvement on, what opportunities exist for you to take advantage of, and what may be a threat to your business is crucial for long-term success.

Marketing and Promotion

No life coach business plan template is complete without a section on marketing. This section should analyze your competitive advantages, profile your competitors, list ways to market, and methods of measuring the success (or failure) of your marketing efforts.

Make the Business Plan Template Yours

Using a life coach business plan template makes it easier to write an effective business plan. However, a template is just a guide, and isn’t a substitute for hard work. You need to take some time, do some research, and personalize the business plan to fit your business and market.

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