Start Your Business with the Right Business Coach

Imagine doing what you love, on your own terms, while making your own income and setting your own hours. There’s no question that starting your own small business sounds great.

Imagine turning your passion for photography into a thriving photography business, capturing special moments for clients. Or taking your passion for baking and transforming it into a business that allows you to do what you love within your own community.

As exciting as the idea of starting a business can be, it can also feel completely overwhelming…

How do I start the process? I my passion business worthy? How can I make sure it’s financially successful?

All are great questions, and I have good news for you. There’s no need to worry! Thousands of successful businesses are launched every day and, with the right guidance, you can be next. The key to ensuring the success of your business lies in business coaching.

You may be thinking, Me? Hire a business coach? Sounds expensive.

Where can I even find a reputable business coach? And will it really make a difference?

The short answer to the final question, my friends, is a resounding yes. Investing in business coaching is a commitment worth making if you want your business to succeed. Think of it this way…when have you heard of a self-taught Olympic gymnast winning a medal?

Never. It just doesn’t happen. Athletes invest in coaches and trainers who have the expertise needed to take them to elite levels.

And the same is true with a reputable business coach.

Today, I’m going to share with you a little business coaching 101 and offer 6 steps for starting your own business. I’ll answer the all-important question:

Where can I find a reputable business coach?

Let’s dive in!

What are Coach BugBee’s 6 steps for starting a business?

I’m glad you asked!

1.    Determine your why

A client named Mark started a fitness coaching business to help others improve their health and well-being, driven by his own transformation story. You must identify your passion and purpose because that is what will keep you motivated during challenging times…and you will face challenges. It’s just part of the process.

2.    Create a business plan

Emily developed a detailed business plan to start her online tutoring service, ensuring she provided quality education at affordable rates. It’s critical that you define your product or service, set a realistic schedule, budget, and pricing, and establish policies.

3.    Make it official

John obtained a business license, registered his photography business as an LLC, and opened a dedicated bank account to manage finances. Be prepared to obtain a business license, choose the right business entity, and open a separate business checking account.

4.    Plan ahead for taxes

Lisa, a freelance writer, established a system to save a percentage of her earnings each month for quarterly tax payments. It’s important to understand your tax requirements and set aside a portion of your income for taxes. If you don’t, you’ll be sorry.

5.    Develop brand identity and marketing

David built a strong brand identity and leveraged social media and a well-designed website to promote his handmade jewelry business. Though some may try to convince you otherwise, branding and marketing are not optional. Create a consistent brand experience and use various marketing channels to reach your target audience.

6.    Remember: launching a business takes time

Rachel invested in a 6-month coaching program and gained the necessary skills and confidence to launch her own consulting firm. Don’t be afraid to seek support, guidance, and training to navigate the challenges and increase your chances of success.

Coach Bugbee, you’ve convinced me to ask for help. But where can I find a reputable business coach?

It’s easier than it seems. Here are my top 3 suggestions for vetting a business coach:

1.      Research their education, credentials, and experience.

2.     Ask for (and contact) references and read online reviews.

3.     Make sure your personalities are compatible and your values are aligned.

So, what are you waiting for? Today’s the perfect day to begin building the small business of your dreams!