Posted by Editor on August 29, 2011 under Business Coach, Business Help | 
It can be difficult to grow profits in a competitive industry like the electronics retail business.
Heavy competition, price cutting, small margins … there’s just not room for error in order to truly succeed.
However, if you had “help” in the form of an ActionCOACH Business Coach, you could learn how to double your net, just like Purely Gadgets did, with guidance from ActionCOACH Business Coach Parag Prasad.
The company has worked with Prasad for more than a year, and over that time increased net profits by 109%, representing a total increase of more than £100K.
What could your company do with an extra £100K this year?
If you’re looking to turn around your company’s fortunes, or simply looking to get to the “next level” in terms of profitability or performance, contact an ActionCOACH in your area today.
Or, for more information on Parag’s business coaching business, contact him via his website here: ActionCOACH Business Coach Parag Prasad.
Posted by Editor on August 25, 2011 under Grow Your Business |
How valuable is ActionCOACH business coaching to a business owner?
That question was recently posed as part of a recent independent study on the value and effectiveness of business coaching conducted by the UK-based Cogent Research.
The Cogent research study comes on the heels of a recent U.S.-based study of companies coached by ActionCOACH in South Florida. That study showed that despite the recession, coached companies had grown revenues by more than $12 million. The research study also revealed coached businesses saw a return on investment (ROI) of 7.5-to-1, or $7.50 in return for every $1 invested in coaching.
In the UK, Cogent found the following statistics:
• 74% of ActionCOACH coached businesses increased sales last year compared to only 43% of non-coached businesses
• 30% average annual sales growth in ActionCOACH coached businesses compared to only 13% in non-coached businesses
• 82% of ActionCOACH coached businesses are confident of sales growth in the next 12 months compared to only 55% of non-coached businesses
• 53% of ActionCOACH coached businesses increased profits last year compared to only 35% of non-coached businesses
• 77% of ActionCOACH coached businesses forecast growth in profit in next 12 months
• 30% of ActionCOACH coached businesses increased their profits in the last 12 months by more than £50,000
• 56% of ActionCOACH coached businesses increased their workforce compared to only 14% of non-coached businesses
• 91% of ActionCOACH coached businesses have a plan for the next quarter compared to only 37% in non-coached businesses
• 97% of coached businesses would recommend coaching to other SME’s (small and medium enterprises)
Cogent also noted that:
“Businesses generally who had adopted formalised procedures such as those recommended by ActionCOACH (e.g. workflow procedures, twelve month budgets, written business plans, KPI’s) appeared to not only have weathered the adverse trading conditions of the previous twelve months but have actually increased sales, profits and workforce.”
Can business coaching help your business grow and succeed?
Contact an ActionCOACH near you today to find out.
Posted by Editor on August 23, 2011 under Business Coaches |
What separates effective Business Coaches from an independent coach or consultant?
Mainly, a proven system that is guaranteed to build any business.
On the basis of that model, ActionCOACH has been ranked #77 in the “Top 100 Global Franchises,” along side such “big” names as McDonald’s and Subway.
You can read more here …
ActionCOACH ranks #77 in Global 100
Reputation counts … and wouldn’t it be great to work with Business Coaches backed by a global network of more than 1000 offices?
As well as a proven system guaranteed to build any business — including yours?
Contact any of our UK ActionCOACH Business Coaches near you today … and get started building your new business today.
Posted by Editor on under Grow Your Business |
If you’re wondering if your business idea is truly viable, here’s some things to consider …
Will you be selling something people really want to buy … or something you really want to sell?
Is there enough current demand for the type of product or service you’re looking to sell?
Do you know all of your numbers?
Here’s some additional advice and counsel from ActionCOACH Founder and Chairman Brad Sugars, about this very topic:
What should you consider before opening a business?
Remember, it’s better to ask and get your questions answered BEFORE you start your company … you’ll be a lot better off knowing if your idea is truly viable at the start, rather than finding out (too late) that it might not be, or that the numbers don’t work.
Posted by Editor on under Business Mentor |
Here’s a great “Q&A” from ActionCOACH Founder and Chairman Brad Sugars …
If you’ve ever wondered “how much should I charge?” for your product or service, this may help you decide.
Check it out here:
“How much should I charge?”
Posted by Editor on under Business Awards |
Congratulations to ALL the Winners of the 2011 Business Excellence Awards!
The winners received their awards during the gala Awards Night ceremony at the renowned Fontainebleau Hotel in Miami, where they celebrated with more than 150 attendees including ActionCOACH Business Coaches, and business owners from around the world.
Here’s the list of the 2011 winners … and again, congratulations to all the winners, finalists and everyone who participated in this year’s event!
2011 Business Excellence Award Winners
Best Overall Company (Under 10)
Stice Drywall (Edmonton, Alberta) – Owner, Vern Stice
Best Overall Company (Under 50)
Beaver Trees and Landscaping (Christchruch, New Zealand) – Owner, Bryce Robb
Best Overall Company (Under 500)
Scott Fischer Enterprises (Ft. Myers, Florida) – Owner, J. Scott Fischer
Fastest Growing Company (Under 10)
Opp Family Chiropractic (St. Francis, Minnesota) – Owners, Dr. Brian and Dr. Cindy Opp
Fastest Growing Company (Under 50)
Chase Roofing and Contracting (Cooper City, Florida) – Owner, Tamara Chase
Fastest Growing Company (Under 500)
Australian Pressure Testing Services (Henderson, Western Australia) – Owner, Paul Newbound
Entrepreneur of the Year
Michael J. Caputi, Epoxytec (West Park, Florida) – Coached by John Layzell
Best Service Based Results
ACF Consulting (Trinity, Florida) – Owner, Adam Ford
Best Manufacturer/Wholesaler
MIC Foods (Miami, Florida) – Owner, Alfredo Lardizabal
Best Retailer
Columbus Car Audio and Accessories (Columbus, Ohio) – Owner, Todd Hays
Most Community Impact
In 2 Motion (North Richmond, New South Wales, Australia) – Owner, Jason Pilgrim
Best Turnaround Company
Luxury for the Home (Houston, Texas) – Owner, Leslie Hassler
Most Innovative Company
Nova Data Testing (Yulee, Florida) – Owner, John Taylor
Best Customer Service Results
Gonzalez and Goetz (Ft. Lauderdale, Florida) – Owners, David Goetz and Lisa Gonzalez-Goetz
Best Start-Up
Source88 (St. Petersburg, Florida) – Owner, Lindsey Jarrell
Young Entrepreneur (35 and younger)
Organizing Lifestyles (Neitra Blair)
