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

Coaching business plan for a great yearHow 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.

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 Business Plan For Life Coach Success

Business Plan for Life Coach

A business plan for life coach success must be comprehensive and concise. It must be readable, easy to follow, yet contain all the necessary information that will help you succeed in a very competitive industry.

Business Plan for Life Coach

Business Plan for Life Coach

Why Do You Need a Business Plan?

Don’t think you need a business plan? Think you can just wing it and still succeed. Well, think again. Coaching is very competitive and getting more competitive with each passing year. A business plan for life coaching will serve as your handbook, a guidebook, and as a plan to start and operate your business successfully and profitably. A business plan for life coach success is absolutely essential for success in the 21st century.

What Should a Business Plan for Life Coach Success Contain?

Here is a basic template for creating a good life coach business plan – one that can be used as motivation, as a plan, and as a reference guide. Adapting a business plan to fit your particular situation is easy if you keep these basics in mind:

Vision and Values

This section describes who you are as a coach and what you want your coaching business to be. This section can serve as a guide when making decisions – does this or that fit with your values and vision?\

Desired Outcomes and Goals

Just as you are trying to help clients identify and define their goals, you should also do the same for your business. This includes, but is not limited to, your financial goals, your work goals (hours, days, etc), personal goals, and goals you have for potential clients.

Your Target Market

Who do you want to coach? It’s a valid question, and one that many coaches do not pose before they begin. What type of clients do you want to work with, and which ones do you think you can offer positive outcomes? Do you want to create a niche, or would you rather just be a general life coach? It helps to define your target market before you begin, so you can include the next section in your business plan.

Marketing and Promotion

No business plan for life coach success template would be complete without a section on marketing and promotion. Marketing is anathema to many coaches, but it is a necessary evil, and must be included in your business plan. How are you going to get your target market to notice you, sign up for your services, and pay for your coaching expertise? What methods will you use? How will you assess whether a method is working? How will you retain clients? How will you adapt and change? Your section on marketing should also include information about your competitors – how are you different, how will you compete, how much do they charge, what do they do to attract and retain clients?

What is SWOT?

SWIT stands for:

Strengths – your experience, expertise, skills, training, contacts, and everything you do well.

Weaknesses – your lack of experience, skilled competitors, and everything you need to do to become a better coach.

Opportunities – new potential markets, gaps in the market, alternate streams of income, possible peer relationships, etc.

Threats – competition, market changes, economic conditions, etc.

Every good business plan for life coach success should have a comprehensive Swot analysis.

Financials and Business Details

Every comprehensive business plan for life coach success will include the necessary details on starting a business – administrative and legal tasks that need to be taken care addressed. An effective business plan should also focus on all the other pertinent details – funding, operating costs, office space, advisers, and more.

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