Checklist for Starting a Business Coaching Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a Business Coaching business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
For more insightful videos visit our Small Business and Management Skills YouTube Chanel.
A Step by Step
Guide to Starting a Small Business
This is a
practical manual in a PDF format, that will walk you step by step through all the
essential phases of starting your Business Coaching business. The book is packed with
guides, worksheets and checklists. These strategies are
absolutely crucial to your business' success yet are simple and
easy to apply.
Copy the following link to your browser and save the file to your PC:
https://www.bizmove.com/free-pdf-download/how-to-start-a-business.pdf
Self Development -
How to Constantly Improve Your Abilities
As long as you are still alive, you are capable of
changing and growing. You can do anything you want to do, be
anything you want to be. Listen to some positive thoughts on how
to continue yourself development and then apply them in your own
life.
-- Accept personal responsibility
for your own growth; no one can do it for you. What you do today
will determine your readiness for tomorrow.
-- Take time every day to do
something for yourself.
-- Take classes to stay current in
your field of expertise. The world is changing rapidly and you
must learn to manage change to avoid obsolescence. The way Will
Rogers put this was that "Even if you are on the right track, if
you just sit there you will get run over."
-- Listen to cassette tapes on
personal and professional growth topics.
-- Never look back to the past-you
only can control your actions in this instant, so what should
you be doing right now?
-- Learn from "other people's
experience" rather then having to try everything for yourself.
It shortens the time needed to learn.
-- Dealing with a problem helps you
learn patience and strengthens your management skills; it is
good mental exercise.
-- Analyze, in a non-judgmental
way, mistakes in which you were involved. It will help you to
prevent these in the future.
-- Reward yourself when you catch
yourself working on the most important priorities.
-- Never say something can't or
won't be done. Keep looking for ways to do it.
-- After attending a seminar,
report to your boss or other people in your organization, what
the most important things are that you learned from the program.
-- For all learning experiences,
whether it is reading, seeing, thinking or attending, apply the
R squared, A squared formula: Recognize, Relate, Assimilate, and
Apply. These actions will help you grow in the direction of your
goals.
-- Eliminate one time waster a week
from your life.
-- Read a minimum of one chapter of
a book a day.
-- Read a minimum of one book a
month.
-- Be hungry for what life has to
offer and go for it.
-- Decide what you really desire to
do-then do it.
-- When you have the option of
reading a book or listening to the cassette tape version of the
program, listen to the tape. It will be more to the point and
can be done while you are driving, jogging/walking, or getting
other routine things done.
-- Develop a "master mind" group of
four or five people with whom you can openly discuss ideas in a
nonjudgmental way.
-- Develop yourself as a resource
for others by networking. Find out who does what, when, and for
whom. You may find excellent contacts for your future needs and
for the needs of others you meet.
-- Work for balance in your life
goals: family, financial, professional, social, spiritual,
recreational.
-- Always keep your goals in mind
as you start a new activity.
-- If you do a lot of work with the
calculator, run the machine with the hand you don't use for
writing.
-- Do not be afraid of failing at
something. You can learn and change as a result of it.
-- The most difficult projects are
opportunities for your biggest successes just as the most
difficult people could become your strongest allies.
-- Put up pictures of your dreams
and goals where you will see them frequently. They will remind
you and aid you in focusing and visualizing your goal.
-- We all have the same 24 hours in
a day. Learn from those people who get more done than you do.
Perhaps you can find a way to improve what you are doing.
-- Find a nonjudgmental mentor who
will help you by providing feedback, suggestions, challenges and
support.
-- Identify some "models" and
observe their style and actions. Do not copy them but learn from
their experiences.
-- Learn from the errors you see
others make as well as from their successes.
-- Fill your mind with positive
ideas, thoughts and inspirations and you will have no room left
for the negative.
-- Trade jobs with someone so you
gain additional experience.
-- Ask for and accept lateral moves
in the organization so you learn more about the entire
operation.
-- Do more than your "self doubts"
say you can.
-- Have confidence that you can get
through and learn from anything and everything you experience.
-- Reward yourself with a treat
when you have completed a learning objective.
-- Keep a daily journal, recording
your thoughts, ideas, feelings and personal growth progress.
-- Ask questions, listen, then ask
more questions. You will learn as well as help others learn.
-- Ask yourself, "How can I
manipulate my fate?"
-- Do things with someone you
respect. They will be supportive of you and you will learn from
interacting with them.
-- Seek new information on projects
for which you have responsibility. Look for new "ah ha" ideas
all the time.
-- Challenge yourself to learn
something new every day.
-- Remain flexible and constantly
adaptable.
-- Be open to others and sincerely
interested in them. You can learn from everyone you meet.
-- Mentally rehearse a new skill.
Your subconscious does not know the difference between actual
practice and mental rehearsal.
-- Keep a record of what you
accomplished the previous day(s)/week. If you did not accomplish
as much as you wanted, it gives you extra incentive to do better
in the next time period.
As Soon as You have decided what type of
business you want to start and The investment requirements, you
are ready to decide on a
location. The number of competitive
companies already in the region should affect your choice of
location. Many regions are
bombarded with support stations or
particular forms of restaurants. Check on the amount of your
type of company in Census figures,
the yellow pages, or by
checking out the place.
Factors other than the Possible
market, availability of employees And number of aggressive
businesses have to be considered in
selecting a place. For
example, how adequate are utilities - sewer, water, electricity,
gas? Parking facilities? Fire and fire
protection? What about
housing and environmental things like colleges, cultural and
community activities for workers? What's the
average price of
this location in rents and taxes? Assess on zoning regulations.
Assess the enterprise of the neighborhood
business-people,
the aggressiveness of civic organizations. In summary, what is
the city soul? Such factors should provide you a
clue into
the city or town's future.
Chambers of Commerce and
local universities Normally Have created or Are familiar with
local polls that may provide answers to
these questions and
the a number of other questions that will happen to you.
Next you have to decide in what area of city to locate. If
the city is Very small and you are establishing retail or
service
business, there will most likely be little option.
Only 1 shopping area exists. Cities have outlying shopping
centers in addition
to the central shopping area, and stores
spring up along principal thoroughfares and local streets.
Consider the shopping center. It is different from different
locations. The shopping center construction is pre-planned as a
merchandising unit. The site was deliberately selected by a
developer. On-site parking is a frequent feature. Clients may
drive ,
park and do their buying in comparative safety and
speed. Some centers provide weather protection. Such amenities
make the
shopping center a valuable location.
There
are also some limitations you should know about. As a renter,
You become a part of a merchant group and has to cover your
pro rata share of the budget. You have to keep store hourslight
your windows, and set your signals according to established
rules.
Many communities have restrictions on signs along with
the center management may have additional limitations. Moreover,
if you're
considering a shopping centre for your first shop
you could have an additional issue. Developers and owners of
shopping centers
start looking for successful retailers.
The kind and Wide Range of merchandise you take helps
determine the Type of shopping place you select. For instance,
clothing
stores, jewelry stores and department stores are
more likely to be more successful in buying districts. On the
other hand, grocery
stores, drug stores, filling stations,
and bakeries do better on main thoroughfares and local streets
outside the shopping
districts. Some sorts of shops
customarily pay a very low rent per square foot, while others
cover a high rent. In the"low"
category are furniture,
grocery and hardware stores. In the"large" are cigar, drug,
women's furnishings, and department stores.
There is no hard
and fast rule, however it's helpful to observe in which kind of
area a store like yours often seems to flourish.
After
deciding an area ideal for your type of business, Obtain as many
facts as possible about it. Check the competition. How many
similar businesses are located nearby? What does their sales
volume seem to be? If you are establishing a store or service
transaction, how far is it that people come to exchange in the
area? Are the visitors patterns favorable? If most of your
clients
will be local populations, research the population
trends of the area. Is population climbing, static or declining?
Are the people
native-born, mixed or mostly foreign? Are
fresh cultural groups coming in? Are they predominantly
laborers, clerks, executives or
retired men? Are they all
ages or principally retired, middle aged, or young? Judge
purchasing power by assessing average house
rental, typical
real estate taxation, number of telephones, number of cars and,
if the figure can be obtained, per capita income.
Bigger
shopping facilities have this sort of information available, and
will ensure it is accessible to serious prospective
tenants.
Zoning ordinances, parking availability, transport
facilities And natural barriers - such as bridges and hills -
are all important
considerations in finding any sorts of
company. Potential sources for this information are Chambers of
Commerce, trade
associations, real estate companies, local
papers, banks, city officials, neighborhood merchants and
private observation. In the
event the Bureau of the Census
has developed census tract data for the particular region in
which you are interested you'll find
this especially helpful.
A census tract is a small, permanently established, geographical
area within a large city and its
environs. The Census Bureau
provides population and housing characteristics for each tract.
This information could be valuable in
measuring your market
or service possible.
Choosing the actual site in a area
may well be accepting what you Can get. Not too many buildings
or plants will be appropriate
and in precisely the exact same
time, available. Should you have an option, make sure you
consider the chances carefully.
For a manufacturing
plant, think about the condition and suitability Of the
construction, transport, parking facilities, and the
sort of
lease. For A shop or service establishment, check on the nearest
competition, traffic Flow, parking facilities, street
location, physical facets of the building, Kind of rental and
cost, and the rate, cost and quality of transportation. Also
Investigate the history of the site. Find answers to such
queries as: Has the Building remained empty for any length of
time? Why?
Have various types of Stores occupied it for brief
periods? It might have proved unprofitable for them. Websites on
which many
enterprises have failed should be avoided. Vacant
buildings Do not bring traffic and are generally considered poor
neighbors, so
check on nearby unoccupied buildings.
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