September 9, 2010

Curing The Top 3 Business Frustrations With Small Business Coaching

To remedy the top 3 frustrations you may be experiencing perhaps a small business coaching program is in order.. An experienced coach can guide and support you in remedying these road blocks to small business success.

Not Enough Customers

One of the major frustrations for entrepreneurs is how to consistently fill their sales pipeline with qualified prospects Is you sales pipeline filled with weeks worth of leads for you to follow up on? How you promote and market your company dictates your results.There are many ways to bring prospects into your business and you need to become aware of whether your marketing toolbox is too limited. If you have reviewed your results and need a real change of approach to deliver solid improvements,perhaps a small business coaching program is in order..

Lack of Focus and Lack of Direction

It is very easy to become distracted and diminish your effectiveness by splitting your attention over too many tasks. Doing lots of trivial things and think this equates to being productive? This can lead to poor results and an unhappy business owner. You are more effective focusing on one priority task and actually completeing it.
The only way to reach your goals and objectives is to have a structure to follow and a clear focus to aid your decision making. Making adhoc decisions on the fly is not really being entrpreneurial; it is robbing you of huge potential business success. A decision to commence a small business coaching program could be the answer.

Working Too Many Hours

Here is something to try. Estimate and document the number of hours you are dedicating to running your business each week. Multiply this by say 50. You salary or drawings need to be calculated on a yearly basis. Divide the dollar amount by the yearly hours and this will reveal your hourly rate. You may find that your hourly rate is no more than that of a teenage shop assistant!.

Financial independence and a dream lifestyle were perhaps some of the reasons that prompted you to start your own business. The main goal here is to improve your business to the point where:

- You are earning a commercial rate of salary for your efforts
- The business is making a profit (not just covering your drawings)
- You will eventually be working less hours

To download FREE reports and business tools immediately, go to my Melbourne Business Coaching website at http://www.profitkoach.com.au

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