The Growth Coach Makes "Entrepreneur Magazine’s" Top Home-Based Franchise List
After being named the #1 Business Coaching/Consulting franchise by "Entrepreneur Magazine" in January, the company was just recognized in the same publication’s April issue as a Top Home-Based Franchise.
Cincinnati, OH (PRWEB) April 04, 2013 - For The Growth Coach, 2013 is shaping up to be a great year. After being named the #1 Business Coaching/Consulting franchise by "Entrepreneur Magazine" in January, the company was just recognized in the same publication’s April issue as a Top Home-Based Franchise. Without retail or office space necessary, these select and honored franchises tend to be more affordable, have much lower overhead costs, and are simpler to operate.
"Entrepreneur Magazine" said the Top Home-Based Franchise list is based on the data from Entrepreneur’s Franchise 500 ranking, which comes out at the beginning of each year. Amy Cosper, Vice President and editor-in-chief of "Entrepreneur," said the companies who make the Franchise 500 are recognized for their ability to satisfy customers, create jobs, and grow overall.
“The ranked franchises are the ones whose business models are working best – and are a major force contributing to the franchise upswing,” Cosper said in January.
“The Growth Coach, a business and sales coaching franchise, is a fairly simple business to operate as an owner – it’s low cost to purchase and run, there’s a potential for high margins because there is no cost for goods sold, no employees are necessary, and it’s perfect for someone who wants to be self-employed and control their own schedule. And best of all, there are no hassles, headaches or stress related to managing employees or meeting payroll,” said Dan Murphy, Growth Coach CEO and Founder.
The Growth Coach was founded in 2002 in Cincinnati and is the only pure coaching franchisededicated to helping clients optimize success and growth in business while maintaining the balance between work and life. The company is currently in more than 140 markets and is always looking to grow into new locations. Coaches typically work with business owners, executives, managers, sales people and self-employed professionals.
Mark Eldridge, who opened The Growth Coach in Omaha, Nebraska in 2004, knows the biggest benefit to a having a home-based business is low overhead – especially in a coaching business, which doesn’t require an office at all.
“In this business, there is no need to spend a lot of money on expensive office space. Personally, I prefer to meet somewhere other than my office or my client’s office. By doing so, most outside distractions are eliminated. I think the client or prospect is also more at ease meeting somewhere other than an office,” he said. “It’s been an enriching journey for me and being able to help people with both their businesses and their lives is personally and financially rewarding.”
Starting any business can be challenging, but new Growth Coach owners are able to start coaching immediately after training without having to worry about opening an official office, hiring additional staff members or committing to evening and weekend hours.
In addition to one-to-one coaching service, The Growth Coach also specializes in group workshops for multiple clients at a time, including business owners, groups of managers and teams of sales professionals. Murphy said group workshops have the potential to create tremendous financial leverage for his franchise owners while at the same time making valuable coaching services more affordable to clients. Growth Coaches don’t have their incomes restricted by merely providing one-to-one services like so many others coaches or consultants do, who simply swap their time for money. Group coaching allows our franchise owners the opportunity to serve multiple clients at the same time, provide tremendous value, and make substantial income, he said.
Five years after opening The Growth Coach in northern California, Mike Neuendorff said the ability to be a business coach without a physical location really helped him get off the ground.
“Being a home-based franchise allows you to step right in and start working with clients. You can do this job from anywhere and be successful,” he said. “It’s really common for business meetings to happen at a third party location, so I never ran into any issues with not having an actual office.”
Neuendorff said those who may be considering opening their own Growth Coach franchise should know three things about the company:
“Number one: The person who founded The Growth Coach is still part of the organization and is still hugely involved in guiding the company and helping the owners. Number two: The strength of the community. The Growth Coach has spent a lot of time fostering an atmosphere that allows us all to work together. And number three: The materials are all well thought out and thorough and the company continues to improve on the products and workshops. No one is resting on their laurels,” he said.
For information about The Growth Coach or the process of opening your own franchise, visit http://www.TheGrowthCoach.com.
About The Growth Coach
The Growth Coach was founded in Cincinnati in 2002 and is the only pure business and sales coaching franchise aimed at driving success while balancing the lives of business owners, managers, sales people, self-employed professionals and executives across a wide spectrum of businesses and industries. The Growth Coach specializes in group and individual coaching with the goal of helping clients gain greater focus to work less, earn more and enjoy more fulfilling lives by implementing strategies to overcome obstacles. The Growth Coach is active in more than 140 markets in the United States and abroad and is always looking to expand. For more information about the company, our money-back guarantee, or the process of opening your own #1 business coaching franchise, visit http://www.TheGrowthCoach.com.
The Growth Coach