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Traction Inc.

20 Apr Can Your Small Business Survive Without a Business Coach?

Posted at 08:45:00 by Chris Hallberg

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Today’s business environment makes it almost imperative you have a business coach. As the business landscape continues to evolve, knowing how to improve your processes, get your management team on the same page, and learning how to operate your organization makes all the difference. There are a number of reasons why having a small business coach provide guidance is one of the smartest business decisions you can make, but it only works if everyone is on the same page with the vision and goals. If you don’t think your organization needs the services of a small business coach, here are a list of reasons why you should rethink that decision:

 

1. Professional Unbiased Opinion

You will receive small business coach advice that is unbiased and truthful. Small business coaches are able to find your strengths, the weaknesses that are in your infrastructure, fear zones and gaps. A small business coach will also counsel you to form new habits that will eventually provide the tools needed to be successful. A small business coach will also be able to demonstrate the value in having a strong management team that encompasses visionaries and integrators that will help move the company forward from top to bottom.

 

2. Delegation Down to a “T”

Knowing when and how to delegate is important. Without effective delegation, things cannot get done in a timely and productive manner. Additionally, when effective delegation is lacking, there will be inconsistencies, loss in time and money, and inefficient processes. Delegation is a learned skill that is very useful when used in conjunction with aligning roles and responsibilities with the right skill sets. You must have the right management team working together who is able to positively shape company culture and help employees embrace their roles as they pertain to the vision. Proper delegation uses each employee effectively based on their skill set to increase productivity throughout the organization, as it is necessary to be able to utilize every person to their greatest potential.

 

3. Doing More and Doing it Better

Most of us don’t have what it takes to launch brilliant ventures all on our own. A small business coach will be able to assess the strengths and weaknesses of the venture, making recommendations to bring it to life. A good small business coach should be able to bring different ideas to the table while having a unique skill set. They should be able to see the big picture, having a different outlook, and help implement a different way of working.

 

4. Getting the Right People in the Right Seat

If you don’t have the right people working in the right positions, your operation will run inefficiently. Getting the right people in the right seat means you have each individual in your organization working within their area of greatest skill and passion, matching them with the roles and responsibilities that are defined and clearly communicated. This improves the company culture, allowing individuals to work within their skill set for effective outcomes. Every role must be clearly defined, with its own set of responsibilities. This will allow the management team or human resources to hire individuals who not only meet the criteria, but have the ability to exceed expectations.

 

5. The Business Will Survive if you Take a Day Off

One of the main things small business owners complain about is not being able to have time off. A small business coach will assist in pinpointing the right people, putting them in place to help the company work productively and efficiently, giving you the confidence you need to take some time off and not worry about the organization going under. An important aspect of having a strong organization is being able to release the reins and watch the company continue to thrive. The right people working at their best capacity is a huge indicator of aligning the vision and goals with all the components of a successful organization. Once the right people are in the right place, the business will run like a well-oiled machine.

 

6. Accountability

Every organization needs strong accountability. You need to have the right management team in place to be accountable for their actions, and have the ability to delegate to their teams to ensure their processes are running smoothly. If accountability is not set in place, this opens the door for processes to not have a set structure, and no one will be held responsible for operations not being carried out according to the overall vision. The company culture should be one of accountability and teamwork to create better morale and speed up efficiency. Most organizations fail because they do not foster a culture of accountability, and do not realize accountability starts from the top. The EOS system offers an Accountability Chart to help your management team define their areas of responsibility and the outcomes they are expected to deliver.

organization accountability chart

Knowing and understanding where your business is headed is key. A small business coach assists in providing insight, tools and methods to understand and improve the current infrastructure of an existing organization, and counsel new organizations that want to start on the right path. 

It is vitally important to have a small business coach who can demonstrate the correct ways in which an organization should run. The EOS system shows the management team how to work together, how to determine whether or not you have the right people in place, how to work efficiently and how to be productive in all areas of the organization. A small business coach is invaluable in putting together all the elements needed to be successful, breaking them down into components that are easy to understand and implement.

To see how the EOS system works and how having an EOS implementer on board can work to your advantage, request a free 90-minute meeting at www.tractioninc.com today!

The Entrepreneurial Operating System (EOS) was created by Gino Wickman (Author of Traction-get a grip on your business) and is a registered trademark of EOS Worlwide. Chris Hallberg of Traction Inc. is a Certified EOS Implementer(tm) that helps business owners and their leadership teams get more of what they want from their business.

 

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Topics: Business Coaching