When you’re running your own business, it can feel like you’re fighting an uphill battle all by yourself. Even when you have employees working under you, they might not understand your specific goals and vision or be able to provide the personal touch needed to make every business decision correctly. A good business coach or mentor will help fill in those gaps, giving you the support and guidance you need to be successful. But how can you tell if it’s time to seek out coaching or mentoring? Here are some questions to ask yourself.

What is business coaching?

Business coaching is a professional relationship that provides a coach with the opportunity to guide, teach and motivate a business owner. It’s similar to one-on-one mentoring, except that it has a more structured format and coaches are typically paid for their services. The goal of this process can vary depending on the needs of the business owner, but often includes identifying opportunities and making changes in order to grow. A coach might also work with an entrepreneur who wants to exit his or her company by guiding them through such decisions as when to sell, who they might want to sell their company to and how much they should charge.

A small business coach typically has several years’ experience working with small businesses and entrepreneurs, either in an advisory capacity or as an entrepreneur himself/herself.

The benefits of business coaching

Whether you’re just starting out in business, or have been doing it a while, a coach can help you achieve your goals. They’ll guide you through business processes and help you get organized. A coach will also give you someone to bounce ideas off of and hold you accountable for the work that needs to be done. And if your business has plateaued, a coach can give you new perspectives on how to shake things up and take it in new directions.

The team at Small Business Coach understands the specific challenges facing small businesses like yours because they’ve helped hundreds of clients overcome them. We’d love to talk with you about how we might be able to help, so please contact us today!

The benefits of business mentoring

Small business coaching and mentoring can be a great way to make sure your new small business stays on track. A mentor can help you with day-to-day aspects of your business, such as marketing strategy and sales, while a coach will work with you on longer-term goals such as growth strategies and succession planning. Whether you choose coaching or mentoring will depend largely on your needs at this point in time. For example, if you are just starting out and need to get the basics down before building out a team, then a coach may be right for you. On the other hand, if your existing team is struggling and needs some guidance to get back on track, then a mentor may be more appropriate.

How to choose the right option for you

Small Business Coach, a business coaching company, can help you decide if business coaching or mentoring is right for your goals. The best way to know which one to choose is to understand the difference between them and their objectives.

Small Business Coach wants to help you start and grow a small business through practical advice, coaching and resources. They strive to provide the most relevant information in an easy-to-understand format that’s also enjoyable.

Mentors are experts in a specific field who offer guidance and advice on how to succeed in that particular area of expertise. For instance, they may be a successful entrepreneur who has experienced firsthand what it takes to succeed as an entrepreneur in that industry.