You Don’t Need a Business Plan Coach

There are many types of coaches, but one coach you will probably never see is a business plan coach. I doubt there is much of a need for business plan coaching, but you never know.

Business Plan Coach

Business Plan Coach – Aleksandr Kalugin © 123RF.com

I would advise you to go into another line of coaching. It’s not that complicated to write a business plan and there is help everywhere. I doubt anyone would want to pay a coaching fee for someone to help them with their business plan struggles!

You Might Need Help With a Business Plan

A business plan is very important. It serves as the founding document for your business. It also serves as a guide and a handy reference document. It gives you reason to think about your values and purpose and vision. It helps provide you with structure and organization. Though some entrepreneurs see a business plan as some form of obstacle – it is actually not that difficult to compose and complete.

However, some people might need help writing a business plan. Some people might not know how to begin. Some new business owners may struggle with the content and sections in a business plan. Some people may struggle to put it all together. Some people may just give up in despair and go ahead without one!

Does that mean there is a need for a business plan coach?

Does that mean there’s a large target market for someone who wants to coach people in writing business plans?

You Don’t Need a Business Plan Coach

You may need a life coach, or a wealth coach, or a career coach, or a health coach, but you probably don’t need someone to coach you on writing a business plan.

Would you pay $50 or $100 for someone to coach you on writing a business plan? Highly unlikely.

You may need help. You may need to see some examples. You may want to use a template. You may need to do some research. You may need to talk to your peers and associates, but you don’t need a business plan coach!

You Do Need to Write a Business Plan

Though you don’t need a coach, you do need to write a business plan. Even if you are a coach with a one-person shop, a business plan is an important piece in your success puzzle. Don’t start your business without one!

5 Reasons You Need a Business Plan

  1. To map your future. The plan will serve as a guide and allow you to measure success and goal achievement.
  2. To list your values, vision, and mission. These will guide your business and offer direction. They will be in your plan for future reference and referral.
  3. To make decisions. You can use your stated goals and values to make decisions concerning new products, new markets, and new coaching niches.
  4. To create an action plan. If you have created a comprehensive business plan, it should provide you with plans of action – for markets, goals, and new ventures.
  5. To market and promote. A good business plan will offer details on marketing – both types of marketing and assessments. This allows you to create new marketing plans when needed.

There is plenty of help online or in numerous books. You can easily help yourself when writing a business plan – you don’t need a business plan coach!

By the way… you’re invited to claim your FREE step-by-step “Life Coaching Business Blueprint” video toolkit. Just go HERE now to get your life coaching business blueprint videos.

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

FREE Video Course: How To Build a High Paying Coaching Business

Comments

  1. Rico says

    I agree that we do need a business plan. Great article!

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