Frequently Asked Questions:
Business coaches help business owners create visions, strategic plans, diagnose problems and provide immediate actionable steps to move the business forward.
The coach works with the business owner’s current situation, providing solutions to achieve the personal goals of the business owner.
A business owner hires a business coach when starting, growing and solving specific business problems.
The business coach helps the business owner with setting realistic goals, examining opportunities and driving the business owner to achieve those goals.
And a business coach can help with optimizing all aspects and systems of the business, including staff, management, business problems, marketing, sales, process systems and making the business run much more efficiently.
Also, the business coach sees a business (and its problems) from a wider perspective and provides advice and input from different angles to what the business owner has already tried.
Because it helps business owners and entrepreneurs substantially grow their business, manage it better, provide input on better system management and at the same time, increase sales.
Also, coaches identify, reduce and breaks through barriers preventing business owners from achieving their goals.
A business coach helps with advice, diagnosing problems, strategy and keeps the business owner accountable to undertake those actions.
A consultant does what a coach does, but also does the work. For example, a consultant will diagnose and map-out problems in the business, give a plan, then provide the necessary training to turn that plan into reality.
This could be individual training, staff training, management training, etc.
As mentioned in the previous question, a business coach, ‘coaches’ and provides valuable insights to the business owner to become more profitable and efficient.
The business owner does the work with the guidance of the coach. It’s a general approach to solving business problems.
Executive coaching is when the coach focuses on 1 specific problem the business owner needs in order to carry out the specific tasks of the business coach.
For example, this could be goal setting, sales training, overcoming procrastination, reducing mental roadblocks, fixing motivational issues, reducing fear/anxiety around a particular issue, etc.
In other words, the executive coach works on the weaknesses of the business owner and turns them into strengths.
A business mentor has the knowledge and first-hand experience the mentee needs to further themselves in their career.
It’s based on the mentor’s personal experience and learnings.
In a way, the mentor has already overcome the same obstacles the mentee has yet to experience and is guided through them. It’s a less structured approach, it’s based on mutual respect and it’s a longer process.
In comparison, a business coach focuses on the broad aspects of a business. This involves setting goals, visions and developing a structured plan for the business owner to achieve their personal and business goals.
The coach forces the business owner to become more competitive, goal driven and accountable in completing their tasks.
The coach doesn’t have to have first hand experience, as the coach sees things from a different view point and gives a clearer perspective on marketing strategy, sales, marketplace direction, communication and staff training – to geode the business to where it needs to be.
Yes. Starting entrepreneurs whether male or female need assistance, clarity of vision and someone there to run ideas across, making sure it’s in line with the vision of the entrepreneur.
Starting entrepreneurs face the same challengers as any business owner. The coach helps broaden the perspective, gives insights and keeps the entrepreneur accountable to achieving their short- and long-term goals.
A business coach can assist any business. And many have experience with more types than others.
As long as the business owner is passionate, energetic, motivated and isn’t afraid of new challengers, then the business coach wouldn’t have a problem.
However, if the business owner is lazy, not motivated, afraid and doesn’t have the energy to put the work in, then the business coach will be of little help.
On average, a good business coach that gets you results, can charge anywhere between $200-$500 per session.
However, there are some packages where the coach works on a retainer and is available to the business owner on a scheduled basis.
If the business owner is lazy, not motivated, afraid and doesn’t have the energy to put the work in, then the business coach will be of little help.
You may see how our business coaching packages differ from other coaches here.
You can view our standard packages here.
You can also view our individual customised items here.
Absolutely. The coach provides valuable insights and money-making ideas the business owner would have never thought of using in their business.
Sometimes one piece of advice can be worth hundreds of thousands of dollars, which is a fraction of what a business coach charges.
Sometimes, just one small change in a business can make or save thousands of dollars a week. Here are some things to expect when searching for small business coaching services.
Yes! The standard meetings are dedicated 1-on-1 slots between you and the coach. Whether you're a startup, small to medium enterprise or an ownership of a company, you may call and speak to your Melbourne business coach as many times as you wish for FREE between your dedicated catch-up session meetings. As one of our clients, there's a lot of body of work to implement, so extra phone calls are expected to produce the desired outcome, profit and revenue goals.
Absolutely! We know people are different. Just enquire or book in a no risk chat and we'll work with your individual needs. As our client, whatever you choose to venture into, we can develop custom programs for you too.
We get that question a lot! Other business coaches have only one discipline - which is coaching. We have that, along with many other industry experiences. These include a strong background in brand building, management training, marketing, competitor analyses, lead generating, copywriting, web design, SEO - and everything needed for your business (and your mind) to cope with a growing enterprise. Prices are low because everything is in-house. Each package and program is priced, so you get a fast return on investment and everything matches up nicely with your branding and outcome. You focus on what you do best and leave everything else to us.
No. In most cases e-commerce sites require a custom pricing plan because of the extra workload, planning, licensing and design needed for everything to work perfectly.
If yo do have an e-commerce business and want to be our client, please contact us to see how we can help.
The only difference between the 2 is that the ULTIMATE plan provides 2 extra SEO locations, so your business can be found in 2 extra suburbs, for greater community expansion. This provides a greater spread, so more customers and clients get in contact with you. Whichever you choose, both have incredible value, geared towards profit gain, extra revenue and are very helpful for the evolution of your business.
There is never one business coach that suits all business owners. We never claim that we're the best, nor do we claim we can help you. However, we are always open to a no risk, free 20 min discovery call to see if our Melbourne business coaching is a good fit for your entrepreneurship. Scaling your enterprise is important, so is hiring an experienced business coach.
Absolutely! You can be our client on the BUSINESS STARTER option. You'll recruit from us ideas, concepts and the information you need that'll make you more money and your entrepreneurship grow. Apply for your no risk, worry free application to see how our experience can help you.
The majority of our clients pay through direct debit. However, we can arrange other payment options, such as bank deposit. We cater for all financial and banking situations. You're in control.
As our client, we analyse your competition, and give you the likelihood of ranking on the first page of Google. Depending on the competitiveness of the keyword, it could take anywhere between 3-12 months. We track and keep your seo updated so your rankings staty healthy.
We coach service and product based enterprises. Our clients range in all aspects and experiences. There's a lot of body of work in all our client coaching programs, so most businesses and entrepreneurs benefit.
Yes, as our client, the websites we create for you are fully managed, updated, optimised and created by us. All you need to do is call your leads your website generates for you.
Yes, in fact, most business start-ups struggle with finance, so a business coach greatly benefits small business owners by setting them in the right direction. We have the BUSINESS STARTER program for those who just need coaching and mentoring and the BUSINESS PREMIUM package is great for those who need an online presence quick. We have great pleasure and vision for your enterprise, so whichever option you choose, our industry experience allows you to evolve and make it work.
Each person and client is different. It most cases, your business can be scaled for exponential growth. So, it makes sense to hire one. And it also depends on the type of enterprise you're running and the ROI you expect. If you're a solopreneur, sole trader, or a small family business then a more intense 1-on-1 experience would be much more helpful, as your coach acts as a teacher. Also, you should be able to have a quick return on investment, extra revenue and profit within the first month. Your coach shouldn't cost you a fortune.
There are some business coaching organisations out there who charge up to $4000 per month with mostly online content and minimal 1-on-1 time. Business coaching is worth it when you choose the right coach for you and your enterprise structure.
Even though success is high, hiring the wrong coach can lead to financial failure.
Other business coaches can average between $4000 per month, to over $25,000 per year. And that's for just advice only.
It depends on the experience you're after.
Fantail Foundation Melbourne Business Coaching starts at $5000 per year which includes all the services listed on this page. A strong return on investment is what we stand for with all our clients.
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