Has the growth of your business stalled? If so, you may have tried a variety of tactics to take your business to the next level. As a business owner it can be difficult to know which levers to “push” that will result in increased revenue and profit. One way to shortcut your path to success is by hiring an experienced business coach like Alice Pallum of AMP Business Coaching. We’ve put together a guide to help you determine if now is the time to finally hire a business coach.
Keep the following tips in mind if you’re unsure whether a business coach may be able to help you grow your business:
How Do I Know If I Need a Business Coach?
• Has your revenues stalled? – Take a look at your revenues over the past few years and if they’ve stalled or declined, then it’s only a matter of time before your business may have to literally close its doors. Declining or flat revenues is a problem for any business. Remember, even if your revenues are flat, your costs likely are not, meaning that you need to do all you can to find ways to actually grow your business.
• Do you have trouble sticking to goals? – Do you find yourself setting lofty goals at the beginning of the year only to never track these goals throughout the year? If this sounds like you, a business coach can help you to finally have accountability when it comes to your business goals.
• Does your business lack concrete processes? – Most business tasks are repeatable and can be documented. With concrete processes in place, you can focus on hiring and training so that your business can scale. If you’re having trouble documenting key processes in your business it may be time to work with an executive coach who can help you to work “in” your business as opposed to “on” it.
• Are you feeling overwhelmed? – Owning and running a business can often feel like a lonely existence. If you’re overwhelmed with all the tasks and responsibilities you have on a daily basis, it may be finally time to ask for help.
Free Business Evaluation
If the questions we posed above have you rethinking whether you need a business coach or not, it’s likely time to give Alice a call today. She’ll be happy to offer a free business evaluation where you can learn more about her business coaching style and see if it’s a good fit for you and your company. Give her a call or text today at (612) 799-3991 to get the process started.