Posts Tagged ‘revenues’

Hi Brad, I was wondering how much business coaching costs?

Tuesday, December 13th, 2011

It depends on the program, but having a Business Coach is less expensive than you might think and if you consider the return on investment you get from coaching, it can actually pay for itself.

For the cost of a part-time team member, a Business Coach can work with you to boost your revenues and profits and give you the kind of balance between your business and your life that you need to enjoy the rewards of your hard work.

For the certified practicing business coaches of ActionCOACH, you can rest assured you will see a return on your investment as we have a 17 Week/ 7 Point Guarantee which means that the goal of every ActionCOACH Business Coach is to “find their fee” in the work they do with you that will pay for the cost of their services within 17 weeks.

All the best,
Brad Sugars

I’ve just started my own computer repair business out of my home. I once was told by a seasoned computer guy to stick to just doing onsite computer repair from my house and never open a computer repair shop. What are the advantages and disadvantages to both types of business and should I open my own location or just keep working out of my basement?

Tuesday, July 5th, 2011

Whether you should keep working from home or open a location where customers can visit you depends on what your overall plan is. You can run quite a nice business from home and you can do it at your pace through appointments, but you have to have enough clients to make it worth your while.

The big advantage you might have by opening a location is, if your location is good enough, you might generate customers who wouldn’t normally be able to find you. You’ll also have a location for walk-up customers and some instant advertising with your storefront and signage.

But the downside is you’ll have to pay for your location and all the overhead and, unless you want to be their all the time, you’ll need to train and hire staff.

I believe your “seasoned computer guy” probably comes from a position where it’s easier, and more cost effective, for him to service his clients when he wants to and working from the home makes that a much easier proposition.

But remember, just because that’s the road he has chosen, that doesn’t mean it’s the right choice for you. You have to decide what type of business you want to run and that involves weighing your priorities.

Opening a shop might lead to the type of success (and wealth) you hadn’t considered, but it will be a lot of work to get there.

If you can generate enough referrals to keep you busy and making enough money by working from home, that might provide better balance in all things. Nobody can truly answer this question but you, and to do that you’ve got to weigh it all out.

Write everything down, the pros and the cons. Figure out if opening a shop will lead to more revenue or profits, or leave you be scrambling to pay your rent. Once you’ve weighed all the factors, you can make a decision as to the right course for both you and your business.

All the best,
Brad Sugars