How much does it cost to start a coaching business?

You can start a life coaching business on a limited budget, especially if you run the business from home and already have a computer with Internet access. Maybe that Facebook friend you met in college is now running a life coaching business, or a LinkedIn contact of yours is connected to dozens of potential customers. Nowadays, customers are flooded with purchasing options, so you'll have a real advantage if they're able to quickly understand how your life coaching meets their needs or wants. Many trainers prefer to keep everything electronic if you research the apps and software before making a final decision, so you're using something with top-notch security.

Visit the International Training Federation website for more information on programs near you. As a professional trainer, it's essential that you have excellent sound quality when you talk to your customers. Once your coaching practice is up and running, you'll be able to create a greater online presence. Nowadays, everyone wants to achieve their professional goals and be “fully self-realized”, which is why the demand for life coaching is increasing considerably.

You may want to use industry-specific software, such as Quenza, MCO or Nudge, to schedule training sessions, track customer goals, or create a customized online application. These are good options that you will use repeatedly when delivering your training programs or group training. Check out some of my exclusive training and mentoring programs where you receive top-notch training and personalized attention as you build your business. Maybe your cousin or neighbor has worked in life coaching for years and can offer you invaluable information and connections to the industry.

Visit the International Coaching Federation website to find accredited life training certification courses near you. If you plan to keep hard copies of training agreements and customer documentation, keep all records in a locked file cabinet to maintain customer confidentiality. It can be a corner of a quiet room or, if you're lucky enough to have space, it's great to have a separate training room. A word of warning: if you're starting a coaching business, get your own computer and don't use your employer's laptop for your training business.

Now that you've done your homework, it's time to get out there and start training for big success.