The One-Page Professional Coach Business Plan

This one-page professional coach business plan template is designed for coaches who have already established their core coaching services and are now looking to grow their business by offering additional products or services.

Professional Coach Business Plan, Life Coaching Business

What is a professional coach business plan?

A professional coach business plan is a document that describes the goals and objectives of your business, as well as its projected growth and profitability. It also outlines how you will use your time and money, including any marketing and sales efforts. The plan should include the following sections:

Vision

The first section of professional coach business plans should be called “Vision” and will outline what you want your business to be. The following questions will help you define your vision:

  • What do you want this life coach business to be?
  • What do you expect its impact to be on the world?
  • How do you want it to stand out in an industry filled with life coaches, psychologists, counselors, consultants, healers, and therapists?

Once you’ve answered these questions, write down your vision in one sentence. For example: 

“I want my coaching practice to be known as a place where people find real change through simple but effective techniques.”

Mission

Your mission statement is the foundation of your business plan. It’s an expression of your purpose and focus and helps you align with it. It should be clear, simple, and compelling. Here are some examples:

  • “To help people learn how to think differently so they can make better decisions for their lives and businesses.”
  • “To help busy professionals achieve more by learning how to build their capacity for optimal performance through leading-edge coaching techniques that empower them to live from a place of strength.” 

Objectives

Objectives are the things you want to achieve. They should be specific, measurable, achievable, realistic, and time bound. Here are some examples of objectives:

  • To provide coaching services for busy professionals who want to improve their performance at work.
  • To increase my client base by 20% in the next 12 months by focusing on marketing myself and my coaching services to businesses in the local area.

Strategies

A strategy is a plan of action used to achieve an objective. Strategies are specific plans that you will use to achieve your dreams. They are the means by which you will achieve your goals and objectives. Your strategies should be measurable, flexible/adaptable, realistic/achievable, and time bound. They need a specified start date.

Plans

Planning is an essential part of the process. Planning is about identifying your goals and objectives and creating a plan to help you achieve them. You need to have a plan because it can:

  • Help you to stay on track
  • Avoid distractions
  • Avoid failure

Target market

Your target market is the group of people you want to sell your product or service to. The most important part of defining your target market is that it should be defined according to the client’s needs and wants. You don’t want to define a target market based on demographics, geographic location, or other factors beyond their needs and wants. If you do this, it will lead you astray from developing products that genuinely meet their needs.

For example, if I’m trying to figure out my target market for my coaching business, I might ask myself: “Who can benefit from working with a professional coach?” If I decide that everyone who works in an office could benefit from this service, then I’ve just eliminated all sorts of potential clients who wouldn’t be interested in my services, like stay-at-home parents or retirees who would prefer not having another job outside their house or retirement community!

Pricing strategy

Once you’ve considered all these factors, you can begin to create a pricing strategy. To start with, it’s important to note that your prices should be based on the value you provide to your clients rather than what they’re willing to pay. In other words, if a client is willing to pay $1,000 for an hour-long session with you and their results are worth $2,500, that’s an excellent rate for them and one that makes sense for both parties.

Conclusion

It’s important to remember that your professional coach business plan will not be set in stone. You may need to make changes as your business grows and evolves but understanding these key elements before you begin can help you stay focused on what matters most.

To learn more about how to generate an endless wave of high paying coaching clients, get your FREE Instant Access to our “Life Coaching Business Blueprint” video toolkit when you go HERE.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

 

Jilo Pate LLC: A Sample Health Coach Business Plan

In need of a sample health coach business plan? A solid business plan will help you stay on track with your new venture and keep the goals in focus. Whether you’re starting a new business or have been in the game for 20 years, having a written plan is essential to success.

Sample Health Coach Business Plan, Life Coaching Business

Why exactly do you need a business plan?

A business plan is a written document that outlines your goals for your business and how you plan to achieve them. It should be detailed enough to be used as a road map when deciding what direction the company will take next. It also helps you create a structure for your company’s future by outlining strategies for growth and expansion over time.

Here is a sample health coach business plan:

Problem 

Jilo Pate is a health coaching program dedicated to holistically supporting the health and wellbeing of working women. The program is designed to help women build a foundation for lifelong health based on good nutrition, exercise, and mindfulness practices.

Solution 

When these mothers face health and wellness concerns, Jilo Pate’s specialized services will holistically encourage stress reduction, healthy habits, and mindful self-care. Jilo Pate has created various products to support working mothers in their journey towards health and wellness. 

In addition, I offer private wellness coaching sessions for moms who want help navigating their self-care routine, as well as personalized meal plans catered to each individual client’s lifestyle needs.

Target Market

The target market comprises upper-middle-class and affluent women who have children between ages 2 and 17 years old and live within a 50-mile radius of our current location.

These women are often busy with their career and family demands, so they don’t have time or energy to eat healthily, exercise regularly, or take care of themselves physically or emotionally. 

They are also very busy taking care of their kids, which can make it challenging to balance work and family obligations. Our solution is a combination of home visits, phone calls, and online support groups that help these busy women get back on track physically and emotionally so they can be happier and healthier parents.

Connecting with potential and existing clients

Social networking offers several opportunities for establishing business connections. Through my website and blog, as well as Facebook, Twitter, and LinkedIn, I’ll connect with my audience, and they’ll connect with me. Most of it will involve real-time contact through posts, messaging, texts, and phone calls.

Unique selling point 

My service is for women who are juggling work and family. It offers a personalized approach where I work with each client to develop strategies tailored to her needs. This means that I can provide an intimate experience unlike any other in this field of health coaching.

Elevator pitch

I am a certified health and wellness coach. I have been working with young mothers for over five years and am very familiar with their needs. I have also worked as an interpreter at community clinics, where I saw many women struggling with the same issues I want to address through this business.

Competitive edge 

My experience working with these women has given me an understanding of what they need in their lives. And I’ve been able to use my knowledge of nutrition, exercise, and other aspects of healthy living, as well as my experience as a nurse, to help them achieve their goals. I also practice yoga.

Personal compatibility

I’m passionate about helping people improve their health because I believe everyone should be healthy and happy. This corresponds with my ideal lifestyle. As a health coach, I’m trained in helping people achieve their goals through diet and exercise management, stress reduction techniques, and other lifestyle changes. My goal is to help my clients reach their full potential by assisting them in making small changes over time, so they can maintain those changes long after they stop seeing me as a coach.

Revenue 

In the first year, I’ll charge $450/month per client, with a projected enrollment of 12 people = $64,800. In the second year, I’ll charge $550/month per client, with a projected enrollment of 26 people = $171,000.

Expenses

The business will require cash for the following items:

  • Furniture
  • Office supplies
  • Vehicle
  • Computer
  • Branding materials
  • Website

Final thoughts

There’s no one right sample business plan or way to write a business plan. If you’re planning to craft yours, pull bits and pieces that you like from other sample health coach business plans, and leave out the parts that don’t apply to your business. May the above sample health coach business plan inspire your own!

To learn more about how to generate an endless wave of high paying coaching clients, get your 

FREE Instant Access to our “Life Coaching Business Blueprint” video toolkit when you go HERE.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

 

Paid vs Free Life Coaching Business Plan Templates

From free life coaching business plan templates to paid templates, there’s no shortage of business plan templates online. To stand out and get noticed in an ever-growing and highly competitive life coaching market, you need a business plan. The problem is that with so many business plan templates on offer these days, it can be hard to tell which one is right for you. This article will give you some key insights into what differentiates a paid versus a free life coaching business plan template for coaches. It will also explain why you should consider either one over the other.

Free Life Coaching Business Plan, Life Coaching Business

Start by asking yourself these questions:

Choosing the right life coaching business plan will depend on what you want to achieve, where you want to be in 5 years, and how much time and money are available. Before deciding which business plan template is best for your situation, ask yourself these questions:

1. What benefits do I get from a paid life coaching business plan template?

The main benefit of a paid business plan template is that it will have more features and information than a free one. You’ll be able to see your finances in detail, make forecasts of how much revenue you can expect from different projects, and so on. A paid business plan template also has more credibility than a free one. The fact that you were willing to spend money on it shows that you are serious about your venture and won’t just throw together something half-baked or ineffective.

2. What benefits do I get from a free life coaching business plan template?

You can use the free life coaching business plan templates to get started, test your ideas, get feedback and find out if the business is something you want to pursue. It’s also a good way for you to get a feel for what a business plan should look like. Writing it will help you understand how to plan your business in more detail than before and give you an idea of what information needs to be included. With free life coaching business plan templates, there is no reason why anyone should not try their hand at writing one now!

3. What final decision should I make when choosing my business plan template?

So, how do you decide which business plan template is best for you? A free life coaching business plan template will be perfect if you are a beginner and have never started a business before. This will give you an overall idea of what it takes to start a life coaching business. You can then use this information when choosing the right paid plan for your needs.

If you already have experience as a self-employed person or run your own small business but want to expand into life coaching and start building up clients, then investing in your future with a paid plan may be worthwhile. The extra features and resources included will help speed up the process of growing your new career. The choice really comes down to whether or not it’s worth it for your goals.

Conclusion

Now that you know the benefits of paid and free life coaching business plans, you’re ready to choose one that’s best for your needs. If you are not ready to purchase a life coaching business plan, there are many free resources you can use to help you create your roadmap. The first step is always to take a good hard look at who you are as an entrepreneur and your future goals. With this knowledge, begin researching the different types of plans available until you find one that suits your needs!

Would you like an endless stream of new coaching clients? Simply click the image to the right and email and I’ll send you free videos with step-by-step blueprints for generating a massive income from high paying coaching clients.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

Need a Business Plan, Health Coach Tips and More?

In need of a business plan health coach tips and guidance? If you’re thinking about starting a health coaching business, you’ll need to build it from the ground up. You won’t be able to start off as an established company; it’s important that you have a solid foundation when you begin this venture. For your business plan to be effective, you need to have very specific details about what you want from your business, who your target customers will be and how much money you’re willing to invest up front. To help get started on building your health coaching business plan, we’ve outlined some of the essential components below.

Business Plan Health Coach, Life Coaching Business

A Business Plan, Health Coach Tips, and More…

The standard business plan for life coaches consists of a single document divided into several sections. The following are the most common components of a business plan:

Executive summary

An executive summary is essentially a quick overview of your entire business plan. This is usually the first section of all business plans for health coaches, and it’s meant to highlight the most important points of your entire plan. 

Company background and current opportunities

This is a good place to talk about your company’s mission, vision, and values. What do these things mean to you and your business? What are your goals for the coming years? How are you going to measure success? These are all important questions to consider when writing your business plan.

Marketing strategy

An important part of any business plan is the marketing strategy. How will you market your business? What channels do you plan on using to bring in customers? How do you plan to service those customers once you have them? Marketing is an ongoing process, so it’s important to have a strategy to support this ongoing campaign. You should have a general idea of how you plan to attract customers and tie that into your business plan. 

Product development plan

Part of starting a health coaching business is creating a product to sell to your clients. This could be a meal plan, an exercise plan or a healthy lifestyle guide. There are many options for creating a product for your customers to purchase. You want to make sure you have a solid plan for how you’re going to create this product and what it’s going to include. Your product will reflect your business, so make sure it’s as high quality as possible. 

Financial overview

Finally, you need to have a financial overview in your business plan. A financial overview is a high-level look at your company’s finances. What are your expected revenue streams? What are your overall costs? What are your current assets, and what are your short- and long-term liabilities? How much money do you need to get your business up and running? Once again, make sure that everything you write in this section is accurate and relevant.

Ways Coaches Can Help Clients Improve Their Wellbeing

As a health coach, you are your client’s personal health cheerleader and guide. Your most important role is to help them implement lifestyle changes that will improve their physical health. Here are some of the ways you can help your client achieve their health goals:

  • Guide them through an exercise program

You can help clients with their exercise program by encouraging them to set goals and work towards them. You can also help them set realistic goals and plan a program that works with their lifestyle. This can involve helping them find the right type of exercise.

  • Help them manage stress

We all have different ways of coping with stress. For some people, this might mean going for a walk or reading a book. Others might prefer to go to the gym or meditate. Whatever the preferred method, you can help your clients find the right approach to managing stress. 

  • Help them find a diet that works for them

The correct diet for one person may not be suitable for another. You can help your clients find the right diet for their specific needs. 

  • Help with their mental health

As mentioned, coaches can help with more than just physical health. You can also help your clients improve their mental health. 

Apart from having a business plan, health coach tips, and strategies above, you must also have essential health coach skills and qualities such as formal training, empathy, a passion for health and coaching others, good communication skills, patience, and business skills. As people around the world are increasingly grappling with the Covid-19 pandemic and other chronic illnesses, skilled health coaches have an incredible opportunity to drive important change.

SPECIAL BONUSIf 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 the “Life Coach Salary Secrets” video toolkit.  Go HERE to get it FREE.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

A Business Plan, Life Coaching Training & More

A business plan, life coaching training…These are the things you need to be a coach. Are there other things that you need to be a successful life coach? To help make the process easier, we’ve put together a guide to everything a life coach needs to be one!

Business Plan Life Coaching, Life Coaching Business

A Business Plan, Life Coaching Training & All That Matters

  • A business plan

Even though coaching is considered a more personal and informal type of business, it’s still important to have a game plan in place before you begin working. A business plan gives you the chance to get your thoughts organized and helps you stay focused on the most important aspects of your coaching business. Having business plans for life coaching ensures that you don’t forget any important details and enables you to stay on track.

Your business plan is your roadmap that will enable you to navigate the various aspects of becoming a life coach, such as obtaining the proper coaching licenses, setting up a coaching business and website, setting coaching fees, and marketing your business for success. It will also help you make important decisions about your coaching business, such as how many clients you can handle, what types of clients you want to work with, and the coaching specialties that you want to focus on.

  • Coaching training and education

Coaching is a rapidly growing field that continues to evolve as new technologies and techniques become available. To keep pace with these changes and stay competitive in the modern coaching world, life coaches need ongoing coaching training and education to adapt to these new techniques and technologies. But coaching education and training aren’t just ways for life coaches to enhance their skills and stay relevant in an ever-evolving industry.

Coach training can also help coaches improve their confidence level and increase their ability to help others. By enrolling in coaching education and certification programs, life coaches can master the skills they need to become effective coaches. Coach training can help coaches improve their communication skills, learn new ways to motivate and inspire others, and take an active role in others’ personal and professional development.

  • Character traits

To be an effective life coach, you need to have some key qualities. These aren’t necessarily the skills that make you a good coach—instead, they’re the qualities that will help you become a great one. Some of the essential character traits include:

Confidence – Confidence is probably the number one trait every life coach needs to succeed. If you don’t have confidence in yourself, every other trait on this list will be difficult to bring out. Without confidence in yourself, it will be nearly impossible to connect with your clients and help them move in a positive direction. 

Honesty – Honesty is a quality that every coach should have, but few do. Life coaching is all about inspiring your clients to be the best versions of themselves. Part of that is being open and honest with them. If you’re leading them down a path that isn’t right for them, they won’t succeed. Part of being a good coach is knowing whether or not your client is ready for the next step and then letting them know. 

Empathy – Empathy is the ability to “walk in another person’s shoes” and understand where they’re coming from. It isn’t something that we all have naturally, though. Instead, it has to be something we actively work on developing. The more empathetic you are with your clients, the easier it will be to help them move forward. 

Humility – Humility is the ability to recognize and appreciate your own weaknesses. It doesn’t mean that you’re fake or that you don’t believe in your own skills. Instead, it means that you are constantly improving yourself and are always looking for ways to make your coaching better. You don’t ever rest on your laurels; instead, you’re constantly looking to get better and make your coaching more effective. 

Professionalism – All this talk about character traits and personal growth aside, professionalism is also an essential part of life coaching. You need to present yourself as a professional coach to your clients, and the way you do that is by being professional yourself. This means dressing appropriately and being polite at all times. It also means being prepared for your sessions and never letting yourself get flustered or upset.

Strong support network – As an independent life coach, you may not have the same workplace support which employees in an office would have. This can make times of difficulty or burnout feel like a lonely place, and affect your ability to be a good coach to your clients. When you’re faced with challenges as a life coach, you need to have a good support system in place to reach out to and talk with people who know what you do. Your support network can help you deal with the following issues:

  • How to handle client difficulties
  • Your feelings about the work, yourself or the clients you work with
  • Questions you have about how to progress with your coaching
  • The challenges of running an independent coaching business
  • And anything else that is keeping you from being your best self

There you have it—a business plan, life coaching training and the personality traits you need to be a life coach! Concentrating on these three elements will give you a good head start in your journey as a coach and you will find that all other attributes necessary to make you successful will fall into place naturally.

SPECIAL BONUSIf 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 the “Life Coach Salary Secrets” video toolkit.  Go HERE to get it FREE.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

All About Sample Business Plans for Life Coaches

Sample business plans for life coaches are business plan templates that detail the financial, operational, and marketing strategies of a life coaching business. They also outline the plans of coaches on how they plan on making money, growing their business, and turning a profit.  

Sample Business Plans For Life Coaches, Life Coaching Business

A business plan template is a ready-made document that contains all the information that a business owner will need to draft a business plan. This includes details such as the start date, the end date, the name of the company, the goals, the objectives, the market research, the financial forecasts, and much more. 

What is included in a business plan template?

A business plan template should include all the necessary information to draft a business plan. Some of the basic sections that should be included are: 

The Company Background: A brief overview of the company, including its current status and history. 

  • The Business Plan Overview: What is the scope of the business? Is it a new company or an established company? What is the market opportunity? What are your goals and objectives for this venture?
  • The Market Research: What are your competitors doing currently? What are they not doing that you will do to beat them in the marketplace? How can you leverage on any weaknesses in your competition’s marketing strategies?
  • The Marketing Strategies: Do you have any specific marketing strategies planned out to give yourself an advantage over your competition?
  • Financial Forecasts: This section includes projections for the next three years on monthly income, yearly income, and future profit. It also includes projections for sales volume and expenses.

Why use a business plan template?

A business plan template is a great way to ensure that you have all the necessary information before writing a business plan. This way, you will be able to avoid missing any important information and not forget anything you need to include while drafting your plan. 

Sample business plans for life coaches make it easy for you to draft your business plan.  Additionally, a template can help set up a timeline for goals and objectives and also highlight the importance of research in creating a successful business plan. 

There are many resources online where you can find sample business plans for life coaching for free or at low cost. Investing in a template is worth it because it saves you time and helps guide you through the process of drafting your plan.

Types of sample business plans for coaches

Startup business plans

A startup business plan is a roadmap for your business, detailing how you plan to become profitable and scalable. A startup business plan typically includes:

  • A company overview that highlights who you are and what you do
  • An overview of your product or service 
  • The risks involved in your venture and how you plan to deal with them 
  • Details of the startup costs, financing needs and funding plans
  • Competition and marketing strategy 
  • The team behind the project
  • Funding requests, including investor contact information

Strategic business plans

A strategic business plan is a document that outlines your company’s goals and the strategies to achieve them. A plan will typically include marketing objectives, an overview of the market for your products, financial projections, and a timeline for achieving certain milestones. It will answer the most important questions of your future. It will provide you with a clear sense of direction, meaning, and fulfillment.

Business growth plans

A business growth plan is a detailed strategy that helps you reach your long-term goals. It lays out your goals and how you’ll go about achieving them. A business growth plan can help you identify opportunities, create goals, and keep track of progress. You’ll be able to identify your priorities and figure out how to best allocate your time. You’ll also be able to see which aspects of your business are working well and which would need improvement.

Once you’ve determined the type of business plan you’d like to create for your coaching business, you can easily draft them by referring to sample business plans for life coaches.

By the way… you’re invited to claim your FREE step-by-step “Life Coach Salary Secrets” video toolkit. Just go HERE now to get your Life Coach Salary Secrets.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

Free Sample Marketing Plan + Life Coaching Template

Need a sample marketing plan + life coaching template? We’ve created a sample marketing plan template for life coaches that’ll help them create their own marketing strategy quickly. It is designed to ensure you’re thinking through all the important facets of marketing a coaching business.

Free Sample Marketing Plan + Life Coaching Template

A marketing plan is a comprehensive document or blueprint that outlines a business advertising and marketing efforts for the next quarter or the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame. A marketing plan also includes a description of the current marketing position of a business, a discussion of the target market and a description of the marketing activities that a business will undertake to achieve its marketing goals. This sample marketing plan + life coaching template has a formal structure but can be used as an informal document which makes it very flexible.

It helps you:

  • Define what makes your coaching product or service different from the competition and understand why that matters to clients.
  • Set specific goals, like increasing sales by a certain percentage or reaching a new target audience and decide on a strategy for achieving those goals.
  • Determine where your brand fits in the market—what are the needs of your target audience and how do you meet them?
  • Keep your brand consistent across all marketing platforms—does everything reflect the same mission, vision, and values?

Sample Marketing Plan + Life Coaching Template: Main Components

The five key components of a life coaching marketing plan are:

  • Value proposition

Value proposition is the part of a marketing plan that explains how the company will provide its product or service to its clients.

In the context of a life coaching company, the value proposition answers the question: “Why should I trust you with my most important and personal goals in life?” No matter what the product is for a business, the value proposition typically addresses its quality, price, and convenience. In a life coaching marketing plan, it is particularly important to explain how your coaching will be high-quality, affordable, and convenient.

Another component of the value proposition is differentiating yourself from your competition. Make sure you know who your competitors are and how you are different from them. If you are not different enough, figure out how you can tweak your program or course so that it is better than your competitor’s.

  • Marketing Goals + Objectives

Goals are how you know your business will be successful. They are not just dreams, but defined targets that you set for yourself and then actually reach.

The first step in goal setting is to determine what you want from your life coaching business. Do you want to coach a certain number of clients? Do you want to be able to take a specific amount of time off each year? Do you want to earn a certain amount of money by a certain date? All of these are valid goals.

  • Target market

Your target market is the group of people that you want to sell your coaching services to. They are the people who will be interested in what you have to offer and will be motivated to pay for it.

To identify your target market, you’ll want to think about who you want your clients to be. What are their demographics? What are their lifestyles like? Do they have challenges or goals that you can help them with? How do they find information about life coaching services?

The more precisely you can define your target market, the better able you will be to tailor your coaching business marketing plan to meet their needs and interests.

  • Marketing Activities

Once you have determined your target market, the next step is to detail the specific activities that you will undertake to achieve your marketing goals and objectives. 

What steps or activities will you undertake to achieve your marketing objectives? These may include print advertising, online advertising, sample lessons, mail-outs, giveaways, media releases, events, developing a website, creating a blog, getting active on social media, public relations, branding and artwork, or publications.

As you create these activities, keep referring to your target market—it will help you to assess which activities are worth the time and effort to implement.

  • Budget

You will need to create a budget and stick to it. The more thorough your budget is, the better. You will want to itemize all your expenses, including costs for things like your website, marketing materials, client acquisition, and more.

It’s also a great idea to set aside some money for emergencies that you didn’t think of. For example, set up a rainy-day fund for unexpected expenses like car breakdowns and last-minute trips on short notice to see clients and family members who are having emergencies. It’s important to set aside some money for situations like these. 

Once you’ve sorted these five things out, always remember, all plans in a marketing plan should remain flexible (and adjustable) as you are often working with assumptions. The more planning you do, the better you will become at predicting who your clients are and what they need. However, as you are learning the needs of your market—it is fair to say that some of your assumptions are going to fall short of expectation, therefore continue adjusting your plan until it works for you!

SPECIAL BONUSIf 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 the “Life Coach Salary Secrets” video toolkit.  Go HERE to get it FREE.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

Why You Need a Life Coach Time Business Plan

If you’re a life coach, time is one of your most precious resources; therefore, it’s important to have a life coach time business plan in place! In this blog post, we will discuss the importance and benefits of time management for coaches, components of a time business plan, and how to prioritize tasks.

Why You Need a Life Coach Time Business Plan

Benefits of time management for coaches 

You’ve probably heard of the saying, “Time is money”. This saying simply means that once time is past, you can never get that time back nor can you add more hours to a day. In business, poor time management can cost you and your business tremendous amounts of money. Life coach time business plans serve as a guide for working smarter instead of harder. With a life coach time business plan, you will:

  1. Improve productivity and efficiency: When you manage your time wisely, you can get more done in less time! This leads to improved productivity and efficiency in your coaching business.
  2. Increase client satisfaction: When you’re able to meet deadlines and deliver results on time, your clients will be happy with the service you’re providing. They’ll be more likely to recommend you to others and continue working with you in the future.
  3. Have better work/life balance: If you’re able to manage your time effectively, you’ll have more free time for yourself outside of work. This can lead to a better work/life balance and a happier life overall!

Components of a life coach time business plan 

There are several key components of a life coach time business plan:

  • Definition of goals: What do you want to achieve with your time business plan? What are your goals for your coaching business? Be specific and realistic in your goal setting.
  • Action steps: Once you’ve defined your goals, it’s time to develop a plan of action. What steps will you need to take to achieve your goals? Make sure each action step is measurable so you can track your progress.
  • Timeframe: How long do you realistically think it will take to achieve your goals? Set a timeframe for each goal and make sure it’s achievable.
  • Evaluation: How will you know if you’re on track or if something needs to be changed in your plan? Set up regular check-ins and evaluations to ensure that you’re making progress towards your goals.

Tips on how to prioritize your tasks 

Managing your time efficiently does not only include coaching sessions with clients but also planning and preparing for those sessions, as well as taking care of administrative tasks. Prioritizing tasks is a key part of time management, and can help you make the most of your time. Here are five tips on how to prioritize tasks:

Tip # 1: Make a list of everything that needs to be done

This may seem like an obvious first step, but it’s important to get all of your tasks down on paper (or in your electronic device of choice). This will give you a good overview of what needs to be done and will help you to start prioritizing.

Tip # 2: Break down big tasks into smaller ones

If you have a task that is particularly large or daunting, break it down into smaller, more manageable pieces. This will make the task seem less overwhelming and will help you to focus on each individual part.

Tip # 3: Prioritize based on importance and urgency

Some tasks are more important than others, and some have a deadline that is sooner than others. Prioritizing based on both of these factors will help you to ensure that the most important tasks are completed first.

Tip #4: Consider your energy levels

When you’re planning your day or week, take into account your energy levels. If you know you’re going to be tired after work, schedule easier or less important tasks for that time. Save the more challenging tasks for when you know you’ll have more energy.

Tip #5: Build in some flexibility

Life can be unpredictable and things don’t always go according to plan. Build some flexibility into your schedule so that if something comes up, you can easily adjust your plans.

By following these tips, you can start to prioritize your tasks and make the most of your time as a life coach.

To learn more about how to generate an endless wave of high paying coaching clients, get your FREE Instant Access to our “Life Coaching Business Blueprint” video toolkit when you go HERE.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

A Sample Business Plan for a Life Coach Going Solo

This article outlines a sample business plan for a life coach planning to start a sole proprietorship. Many people would like to start this business but they do not know how to go about it. By looking at this sample or other sample business plans for life coaches, you will know what to do and kickstart your life coach business.

A Sample Business Plan for a Life Coach Going Solo

Sample Business Plan for a Life Coach: Highrise Life Coaching Center

EXECUTIVE SUMMARY 

Offering life coaching services for individuals and businesses, Megan Bishop has achieved a successful path of her own. From business owner to speaker, from blogger to published writer, and from high school teacher to life coach, Megan is always reaching for new goals that inspire her. 

She offers thoughts and techniques on how others can find their own paths as well, using goal setting, motivation and accountability in order to help others achieve deep inner peace. Megan is the owner of Highrise Life Coaching Center.

OBJECTIVES

  • To help people improve their lives or perform better in their careers.
  • To help people eliminate or manage their depression and help them develop ways to enjoy life again.
  • To help people solve problems about their finances and provide them with solutions that will help them attain peace of mind.
  • To guide young people and adults on how to have healthy relationships that won’t compromise their mental health. 

MARKETING STRATEGY

Megan plans to advertise on local community online websites and forums. She will also be posting flyers in local businesses, putting her handouts at local chiropractic offices, doctors’ offices, personal trainer facilities and more. She will also promote her business through social media such as Facebook, Yelp, Twitter, Instagram and many more. Family members and friends will help spread the word about her business as well. To get the most clients, Megan plans to have as many networking events that she can manage/attend. There are always events going on throughout the month such as chamber of commerce meetings, exercise classes, etc.

TARGET MARKET

Highrise Life Coaching Center will provide five different types of one-on-one coaching packages to any person 15 to 65 years of age in the greater Seattle area who is seeking help with personal or professional development issues such as goal setting, time management, stress reduction, etc. The target market is large enough to support Megan’s coaching business. Even if she serves only 25 clients per month, she will earn an extra $7500 per year in gross revenue from the services she provides.

OPERATIONS AND MANAGEMENT

Since Megan’s life coach training center is a sole proprietorship, she will be operating the center herself. She will receive calls in her office through a 2-line telephone system. She will use high-speed Internet, free voice-over-Internet protocol phone service or cellular phone, laptop computer and fax service for communication with other people.

FINANCIAL PLAN

Highrise Life Coaching Center will get its startup funds from the Bank of America Community Development Program which supports businesses predominantly owned by women and people of color. 

Megan’s coaching program fits this requirement as her initial clients will be life coaches, some of whom are women business owners. The Bank of America’s funding will be used to help Megan with marketing and promotion, the establishment of a website for her life coaching center, and for printing costs for business cards and letterhead that will promote both Megan individually as well as her new training center.

BUDGET 

Advertising in local newspapers: $200/month

Advertising on local radio and TV stations: $400/month

Public speaking engagements: $50 per engagement

Flyers: $100 for initial printing costs

Grand opening event: $250

TOTAL MONTHLY BUDGET: $1000/month

Conclusion

This sample business plan for a life coach planning to start a sole proprietorship entails all the essential elements that a small business could have. However, it is crucial to do a thorough research before starting your coaching business.

By the way… you’re invited to claim your FREE step-by-step “30-Days to Become a Coach” video toolkit. Just go HERE now to get your 30-day coaching blueprint videos.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community

A Sample Business Plan for Career Coach Business

Are you looking for a sample business plan for career coach business? The Internet is full of sample business plans. However, shifting through the available ones to find a format that suits a career coaching business can be challenging. 

A Sample Business Plan for Career Coach Business

Here is a sample business plan for a fictional career coaching company ‘Upward LLC,’ that you can use to create your own and save valuable time.

Upward LLC – Sample business plan for career coach business

The Upward LLC’s business plan consists of the following key elements:

Section 1: Executive Summary

Upward LLC is a minority-owned (female) career coaching company based in New York City with over ten years of work experience in the career coaching industry. Our primary purpose is to provide high-quality, value-added career coaching solutions to IT and Tech industry professionals. 

Our team consists of high-performing people equipped to deliver exceptional results. In pursuit of excellence, we have formed strategic partnerships with other players in the industry based on shared goals and values to ensure that our clients receive only the best. 

Section 2: Company Overview

Our Vision: To be the strategic partner of choice, inspiring people to realize their full potential personally and in their chosen careers

Our Mission: To transform lives by leveraging technology to provide career coaching services that propel IT and tech professionals to success.

Our Objectives:

  1. To increase the client base to 100 by June 2023
  2. To hire two more in-house life coaches by January 2023

Note: This is a sample business plan for career coach business. Thus, your company’s vision, mission, and objectives will vary according to your type of business.

Section 3: Product and Services

We guide professionals to receive greater fulfillment in their careers by establishing goals, creating a plan with strategies to achieve the goals, and overcoming any obstacles that are on the way. Specifically, we offer career planning, leadership training, and mentoring services. 

Section 4: Industry Analysis

Career coaching is a billion-dollar industry valued at $20 billion, with a total market value of $7.5 billion in the United States. The market value is estimated to reach $30 billion by 2025, with an average annual growth rate of 6.7 percent from 2019 to 2022. 

Section 5: Customer Analysis 

Upward LLC seeks to serve Millennials interested in building careers in the IT and Tech Industry. Their needs are primarily to find jobs that offer the flexibility needed to achieve the ultimate work-life balance. Drivers of these clients’ decisions are not the salary amount offered but shared values and job satisfaction. 

Section 6: Competition Analysis

Our main competitors are Careernetics and Technocareer, which have also been in operation for more than ten years, offering career coaching services. However, they provide services to many professionals, spreading them thin. With the digital age, careers in IT and Tech are the in-demand skills, and we want to capitalize on this market.

Section 7: Market Strategy

To reach our target market (Millennials), we will use online advertising, social media posts, and word of mouth. We aim to build long-lasting relationships based on trust and the provision of high-quality services.

Section 8: Management Team

Our management team consists of Mary Adams, the Founder and CEO, Jeryy Sam, the Chief Financial Officer, and Sam Mackinnon, the HR Manager. Mary has extensive training in career coaching and is a highly experienced executive coach.

Section 10: Financial Plan

Projected Profit and Loss:

  • Year 2022 – $5,000
  • Year 2023 – $50,000
  • Year 2024 – $105,000

Conclusion

You can find numerous sample business plans for career coaches online. Use the sample mentioned to create one that will help you successfully launch and grow your business.

Special Bonus – Learn 3 simple ways to become a life coach with the “30-Days to Become a Coach” video toolkit when you fill in the form at the top right and click the “Watch The Videos Now” button. You’ll learn how to change your client’s life in 45 minutes.

Jeannie Cotter
Editor/Writer
Writer, Coaches Training Blog community