Cincinnati, OH (PRWEB) October 01, 2013 - When John Chiaro, The Growth Coach of Savannah Georgia and S.E. Coastal South Carolina, first met father son business duo John and Josh Courter of Surface Solutions, it was to help Josh learn to think like a business owner so he could help his dad. Now that five year relationship has turned into something much more – Chiaro is helping Josh transition into running the business on his own while allowing John ease into retirement.
"John and Josh have a great relationship and a great team, but they just think on different wavelengths. John wants Josh to learn everything John has learned in 45 years of business as quickly as possible, but it just doesn’t happen that way. I’m involved to help Josh learn the basics he needs to run a successful business and to make it so John can pass on the company," Chiaro said.
Succession planning is important for many businesses – especially small, family ones – because handing over or selling a company is never as easy as passing over the keys. That’s why The Growth Coach expanded its services to serve more transitioning owners.
"What we’re doing is twofold and involves both the current and future owners. The current owner needs to start backing out of the daily operations to maximize the value of the business. They can’t be the CEO … Chief Everything Officer. We take them through a proven process to help them document their knowledge and processes, put systems in place and empower employees to run the business," Growth Coach Founder and President Dan Murphy said. "We also help the new owners to elevate their mindset, skillset and confidence to take over the business. Instead of being experts in one facet of the business like many new owners are – even if they are the next generation taking over – we coach them to be leaders, strategic generalists and to oversee the big picture."
The Growth Coach, founded in Cincinnati, sold its first franchise in 2003. However, their proven and guaranteed coaching process has a 20-year track record of helping clients. Today, the business and sales coaching franchise, in over 140 markets in North America and abroad, continues to serve small business owners, management teams, sales teams, and self-employed professionals. While most of the coaching is delivered through affordable group workshops, they also provide one-to-one coaching, remote coaching delivered via phone and web, and special project coaching.
The Growth Coach was recently included in the Bond’s Top 100 Franchises and has been recognized in Entrepreneur Magazine’s "Franchise 500" as the #1 Business Coaching and Consulting Franchise as well as in the magazine’s "Best of the Best" and "Top Home-Based Business" listings. The company’s Strategic Mindset Process is so effective that it comes with a money-back guarantee.
For Chiaro, it’s that Strategic Mindset Process that started the whole process of working with succession planning.
"A lot of succession planning is making sure the person taking over really understands the basics of business – finance, human resources, business planning, marketing, sales, leadership – many of the elements of the Strategic Mindset Process training we offer. I like to think of it as a wheel. The company is in the center and each of those elements is a spoke. Without all those spokes, you can’t move the business forward," he said.
"The Growth Coach is really well suited to provide the sort of training that gives new business owners, or those who have been involved in the business but not in an ownership role, the knowledge they need to be successful," Chiaro said. "It’s not about giving people answers, it’s about helping them find the water."
Murphy added that business owners – and buyers – need to remember that passing on a business is about more than the technical details.
"Not only do owners need to properly prepare their businesses to be handed over or sold, but they also need to prepare themselves emotionally and mentally to let go. Selling your business, or even handing it on to the next generation, is a major personal and professional milestone. Our coaching process is perfect for that," he said.
For more information about The Growth Coach or to find your local coach, visit http://www.TheGrowthCoach.com or call (855)300-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 workshops and individual coaching with the goal of helping clients gain greater focus and leverage in order to work less, earn more and enjoy more fulfilling lives. The Growth Coach is active in more than 140 markets in North America and abroad and is always looking to expand domestically and internationally. For more information about the company or the process of opening an award-winning franchise, visit http://www.TheGrowthCoach.com.
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