The UK research comes on the heels of a recent U.S. study of coached companies in South Florida that despite the recession, had grown revenues by more than $12 million. That study also showed 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
◦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 pounds Sterling
◦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.”

ActionCOACH CEO Jodie Shaw saw the independent research as closely mirroring the same metrics the company has tracked for years.

“It’s one thing for us to say coaching works, but independent research just adds to the credibility of our claims, and really validates our system,” she said.

ActionCOACH is the world’s number one business coaching and executive coaching firm, with more than 1,000 offices in 39 countries. To learn more, go to actioncoach.com.

Most importantly, the Business Excellence Forum is a great place for business owners to learn how to grow their business from top speakers and Business Coaches, touching on topics that affect the bottom line.

For instance, there is one fundamental reason at least 80 percent of businesses fail within their first five years. Business owners leave too much money on the table by failing to understand how to read their numbers and apply that knowledge to figure out what their business is lacking.

At this year’s Business Excellence Forum, London based ActionCOACH Shweata Jhajharia will talk about how businesses can remedy that situation.

“Successful business owners are measurement freaks, because whatever you can measure, you can improve,” she said. “Any business is about making profits, so measuring success is all about numbers, not words. And if you don’t have a full understanding of your numbers and how to assess your business based on those numbers, you are unlikely to be one of those 20 percent of businesses that live past their first five years.”

During her workshop Jhajharia will demystify issues that are usually intimidating for many business owners and offer an in-depth, hands-on presentation covering a number of areas important to the long term health of any business. Among the topics she will cover are how to understand what to measure in your business and realizing the links between the drivers in your business and the key performance indicators that make a difference.

“I have worked with clients extensively in this area, and many know they need to change, but have no idea where to start. I will clarify these concepts with fundamental frameworks and tools that have been proven to work across small and large businesses all over the world. And when you leave the seminar, you’ll walk out with tools you can apply in your own business the very next day,” she said.

Jhajharia is just one of the speakers at the Business Excellence Forum who have presentations designed to teach business owners how to run a profitable business. To learn more about the Business Excellence Forum go to http://www.actioncoach.com/businessforum2012

ActionCOACH has been voted the favorite Business Services organization by the more than 35,000 people worldwide who voted in the first People’s Choice Stevie® Awards for Favorite Companies. 

The worldwide public vote was conducted as part of the 8th Annual International Business Awards, the only global business awards program honoring great performances in business.

Nicknamed the Stevie® for the Greek word “crowned,” the awards will be presented to honorees at The 8th Annual International Business Awards on Tuesday, 11 October in the Emirates Palace Hotel in Abu Dhabi, United Arab Emirates.

This is not the first time ActionCOACH has been honored by the Stevies this year, as the company earned Company of the Year – Business Services, at the American Business Awards earlier this year.

Complete lists of honorees and other details are available at www.stevieawards.com/iba

So if you’re looking for a top-tier business coaching company to help you achieve more in your business, maybe it’s time to take a look at ActionCOACH today.

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.

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.

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.

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.

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?”

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)

The Business Excellence Awards honor the “best of the best” results in small and medium sized businesses from around the world, and is an excellent way to showcase exceptional results for business owners, entrepreneurs, their teams and their companies.

To enter companies into the “Best Start-up” category, click here:

Business Awards:  Business Excellence Awards

… to request a download for entry into the awards.

The “Best Start-up” category is recognizes outstanding results for startup companies that have begun operations since January, 1, 2010.

Winning companies will receive a 2011 Business Excellence trophy for the category, as well as local and national publicity for the company’s business accomplishments.

The entry deadline is rapidly approaching, and all entries must be received by June 30, 2011.

Additional categories for this year’s awards ceremony include:  Best Overall Company; Best Turnaround Company; Best eBusiness and Entrepreneur of the Year, as well as many more.
 
The 2011 Business Excellence Forum and the 2011 Business Excellence Awards are sponsored by ActionCOACH, the world’s number one business coaching firm. The events are part of the company’s on-going commitment to innovation, business excellence and business re-education for owners and teams who operate and work in small-and-medium sized businesses.

Grab you complimentary entry kit here …

Business Excellence Awards

Remember, deadline for entries is June 30, 2011.