Before you open your doors to customers, you’ll pass through so many phases along the way
Quite likely, you’ll have an idea, build it out, study the feasibility, and abandon the idea for one reason or another. Just as likely, you’ll have an idea, jump on it, and open the doors before you’ve really thought through what it takes to survive.
There many other points in between, many pitfalls you’ll want to avoid, and a whole lot of serious consideration about your business plan, all before you open and as you open. Then, that first year or two is absolutely critical. It takes that solid plan, well-researched market analysis, dedication, stamina, flexibility, spirit, drive, the right team, and a little luck to make it.
Our K-coaches start with where you are in the process and help you complete each phase of the process. They’ll help you identify loopholes, make corrections, define your focus in more objective terms, offer you constructive criticism, and show you how much more you can achieve once your mind is set on it.
Our Most Popular Program:
Grow Forward: A Catalyst for Your Small Business
We start with where you are today and march step-by-step forward. The expert K-coach will guide you through an analysis of your business plan and determine where you need to adjust. It’s an ever-evolving requirement. You’ll also work together to help you isolate operational issues, methodically analyze the gaps or inefficiencies, and help you lay out a plan to address them. You’ll also focus on and evaluate current and necessary future resources, your leadership and front line teams, and any part of your small business that needs bolstering. You’ll identify needed change initiatives and build plans to transform for growth.
three primary areas of small business development :
Business Conceptualization
(1)Entrepreneurs are creative individuals who often think way outside the box. It’s easy for you to have a lot of lofty ideas, dreams, and goals. It’s also easy for those ideas to get all jumbled up together without a clear idea or defined way to how to fulfill them. This program focuses on the entrepreneurial side of the business possibilities.
K-coaches help you attain better clarity and visualization of your goals, create a more purpose-driven innovation, uncover the potential risks and rewards, and outline what it would take to move beyond the idea stage. In the end, you’ll know how much value you can contribute to your field and the world at large.
- Crystallize your vision and articulate the goals for yourself, for stakeholders, and potential buyers
- Conduct a business viability study
- Research the industry your product or service best fits
- Conduct a SWOT analysis and determine a unique value proposition
- Analyze what it takes to bring the idea to market
- Guide you through a self-evaluation and develop a better understanding of what it means to be an entrepreneur
- Clearly distinguish between your entrepreneur and business owner mindsets
The list is long. Where can you use help? A K-coach is there for you.
Business Start-Up
(2)Once you’ve determined that your business idea is viable and you’re ready to turn your vision into a reality, it’s time to dig into the details. From the business plan, to financing, to business incorporation, to resource allocation, to the overwhelming number of legal agreements, financial documents, and finding the right team, it’s an enormous task.
Business start-up coaches know the ins and outs from personal experience. They make sure you check all the boxes, have proper contingencies in place, and are ready when it’s time to launch your business. You can count on your coach to be with you every step of the way and stick with you through all the good and challenging times. The goal is not to be counted as another statistic in new business failures, but as a success story in entrepreneurship, a significant contributor to a healthy economy, and a thriving, profitable small business community leader. Just a few areas where your coach can help:
- Develop your business strategy
- Create the start-up budget
- Guide you through the maze of financing options
- Guide you through the maze of legal documents and business incorporation
- Determine your operational methodology
- Determine your sales and marketing channels
- Identify staffing and resource requirements
The list is long. Where can you use help? A K-coach is there for you.
Newly-Launched Business
(3)It’s never too late to engage a K-coach to help you through the challenging, sometimes turbulent times of running a newly-launched business. This program focuses on business owners who opened a business within the past year and are wondering how to make it over the hurdle.
Coaches can guide you through an analysis of your business plan and determine where you need to adjust. They can also help you isolate operational issues, methodically analyze the gaps or inefficiencies, and help you lay out a plan to address them. Coaches can also evaluate your current resources, your leadership and front line teams, and any part of your new business that needs bolstering.
These are the basics of running a business. But when you’re newly launched, the urgency is critical. If you have already made it over the threshold, you’re confident your business is going to survive, you will find value in our Leadership Coaching, Executive Coaching, or Team Coaching programs.
