Bauhinia Solutions

The Benefits of Coaching

It’s no surprise that a large percentage of start-up businesses fail to succeed in the first year and although many businesses may make it to the second or third year mark (approximately 60%), their profit and loss statement will certainly show the scars from the uphill battle they fought just to make it that far.

There are many reasons for this absence of success but one reason which seems to crop up repeatedly is the fact that many individuals expect their businesses to be an instant success.  This unrealistic high expection undoubtedly translates into an unhappy entrepreneur lacking in motivation and drive.  Other factors which can beget failure are the shortage of funds available for the business to survive and/or the nonexistence of a suitable business plan. 

A business coach can assist in many of these areas and provide a focus which is otherwise null and void in a business experiencing these or other issues.  There are many benefits to hiring a business coach, some of which are mentioned below.

Business Support

Running a solo business can be isolating and being able to seek support from an outside avenue, other than from immediate friends and family, can be a much needed, positive experience. 

Strategic Focus 

A business coach can examine your business and assist with the creation of a business plan which will redefine your goals on a continuous basis.

Resolution of Problems

The use of a mentor can help solve business problems such as advertising, networking or promotional issues.  While the advice may seem logical at times, often it is the simplest of things that are overlooked which have the most effect on your business in terms of growth and development.

Initiating Personal Development

An unfortunate fact of life is that we just can’t be good at everything.  A coach can assist you in a self evaluation process in order to improve your business skills creating change in other areas of the business.

Improving Work Life Balance

Working smarter not harder is a common phrase banded around the business world.  However it is an issue which can be resolved through planning and preparation allowing you to grow and develop the business without feeling the pressure to be immersed in the business 99% of the time.  Aim for effectiveness rather than efficiency and you will be amazed at the results.

For more information on how Bauhinia Services can assist your business, contact us for further information.  We love watching businesses grow and succeed.  Our coaching services help you harness your passion, step out of your comfort zone and start a heart-based business.

About Michelle: Michelle’s career spans 20 years in various administrative and marketing roles.  She has owned and sold a successful online store, written articles for a number of online magazines and now focuses her energies on writing – proofreading and editing, ghost and copy writing and blog management.

You can read more about Michelle on her profile page.