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How Can A Business Coach Help?
As a business coach I would offer you a guideline for
writing a business plan.
The following are guidelines for writing a business plan:
Defining Your Business Plan
"When you create a formal business plan, you should include a number of things
in your discussion of the business, its objectives, and its offerings.
Specifically, your plan should include the following basic elements:
- An executive summary or overview of the business, its market, its
objectives, and its legal structure.
- A detailed description of the business, including a discussion of the
products or services you're offering and an analysis of the industry.
- A discussion of the expected market for your products or services.
- Your game plan or marketing strategy, describing how you plan to penetrate
the market and the types of sales efforts you'll use.
- Operating plans describing your management team and the structure, plans
for growing the business, and ways you intend to manage change.
- A discussion of your company's current and expected future financial
position - how much cash you have now, where you'll get more cash when
needed, and what earnings you anticipate."
Reference : Kinko’s Guide to
Successful Small Business Strategies.
I would help you to assess where your business problems
are by asking you the following questions:
BUSINESS COACHING QUESTIONS
- What business results are you expecting (revenue,
profit, budget, market share)? Bottom-line goals—why the organization exists.
- How does the work get accomplished from input to
throughout to output (timeframes for projects, quality level of service,
quantity of customers)? Work process goals.
- What team behaviors are needing to be different to
accomplish these results (clarifying decision making process and alignment of
roles; conflict management practices)? Human relations goals.
- Can you describe what personal leadership challenges
you’re facing in improving these results and team behaviors?
- What specific behaviors does the leader need to enhance or to change in him/herself to achieve the results and team behaviors?
- What differentiates your company from the competition?
- What are your marketing strategies to build your business?
Reference: Executive
Coaching by Mary Beth O'Neill.
Additional Resources:
- Bizoffice -
Offers small and home based business resources.
- Gil Gordon
Associates - Provides resource information helpful to small and home
based businesses.
- Gohome -
Electronic magazine, which provides helpful insight on running a home based
business.
- GoSmallBiz - A
complete guide to starting and growing your own business.
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Coach Lou Today!
(309) 661-0831 * loulaz@verizon.net
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