How Much Does a Small Business Coach Cost?

How Much Does a Small Business Coach Cost?

How much do you expect to pay for a small business coach?


Depending on the type of coaching program, prices range from $1,000 to $3,000 per month. The most common price is around $2,000 per month and this usually includes 6 to 12 months of 1-on-1 coaching sessions with your coach.


Whilst cost is important there are other things you need to consider.


Business coaching works by helping you identify what is working, and, more importantly, what is not working. Then making changes that will allow for success. This process encourages personal development, which means that if you are willing to put time into this, then you will reap rewards.


When looking at the cost of something like Business Coaching in your small business you need to look further than cost.


Is small business coaching worth it?


The cost of small business coaching is worth it in the long run and here are just some reasons why:


  • You will have a sounding board.
  • A small business coach can offer you helpful advice and the benefit of their experience.
  • A small business coach can offer help with important decisions
  • A small business coach can help you with setting your goals.
  • You will have a written plan that is specific to the needs of your small business which will help you stay focused and be successful in growing your business.


What if my business is a start-up?


Before you think about hiring a coach, there are many things to consider.


For example; your business idea and goals, how much time you have available for coaching sessions, whether the cost of hiring a coach is feasible for your budget (and if it's not then how can we work around that), what outcomes do you hope to achieve working with a coach?


As a start-up, you have the advantage of not having to undo anything. You get to start fresh and build your business from the ground up.


How to choose the best business coach for your small business


The first and most important step in selecting the best business coach for your small business is to understand what you are looking for. You want a coach who will deliver on their promises, be honest with you about where you need help, teach skills that can last beyond coaching sessions, have great results with other clients like you.


The next step is to research your coaching options. This can be done by looking at their website, reading testimonials from other clients, and even setting up a free consultation with the coach of interest. You may also want to interview them over the phone or in-person to see if you feel comfortable on an emotional level as well.


Is Group Coaching a good option?


There are a number of options for small business coaching. Some coaches provide group coaching programs that can be very affordable. Group coaching brings in the idea that others might have similar difficulties so it's ok to share your thoughts and ideas with them, even if you don't want to talk about them in front of other people.


Group coaching can be a great option for small business owners that are looking for a low-cost option. However, group coaching can be a false economy, you will pay less per month but may not get the results as fast.


Things to consider when choosing a coaching program


There are a lot of factors to consider when deciding whether or not you should start getting business coaching. The cost is only one factor in the equation, as there may be some other options that work better for your situation. For example, if your budget is tight but you want access to an expert who specializes in helping small businesses grow and succeed, then group coaching might be the right option for you. If you’re struggling with aspects of running your company that seem insurmountable alone, it may also make sense to get help from someone else who can walk alongside you through those tough patches until they aren't so difficult anymore. You deserve success! And while many people think all coaches are created equally—that couldn't be farther from the truth.


1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply

Your email address will not be published. Required fields are marked *

business plan template

Get Instant Access to the Business Plan Template that has helped thousands of Business Owners in every sector plan and grow their business.

Learn More
fees and benefits

Our Programs start from as little as $10 a day making it affordable for all business types.

Learn More

Top Rated Articles

The History of Business Coaching

The Inner Series...   In order to understand the history of business coaching, it’s important to go back to t


How your company can adapt to the Digital Revolution

Over the last couple of years, technological innovation has brought about a rapid change in the customer service landsca


7 Biggest Challenges Facing Your Business

It is kind of inevitable that businesses will face challenges at different stages of their growth and development. So, p


Recently Viewed

Top 3 Global Business Coaching Firms

In days of the past, business coaches were called in to help revive the sliding bottom-line of a company. Now, even


Best Analytic Tools to Track your Business Growth

“Insights-driven businesses will take $1.2 trillion dollars by 2020,” predicts Forrester Research, after looking at


How to Choose a Good Solicitor for Your Business

For a number of small business owners, hiring and working closely with a solicitor can be quite an intimidating task.

  • Over the past 6 months the incredible team at MMP have supported us to shift our attitude towards our business & month on month our revenue is increasing to the point we will be able to employ additional staff to support our business goals long into the future. Do not regret our decision one single bit!

    • Emma Reece

  • Working with my coach has enabled me to see the areas where my business is failing. This was pretty confronting to me to be honest. MMP has the tools to improve these areas and the guidance on how to implement them.

    • Sharon Robinson

  • I have been working with Max My Profit for approx 3 years now, and over that time I have learnt a lot of things about not only what it takes to run a business, but I have also learnt things about myself. I don't believe i'd be the person or have the business I have today if it wasn't for Max My Profit and our Business Excelerator. Great team to work with if you want to take your business serious!

    • Ben Choy

  • As a new client for Max My Profit (MMP) it has taken no time at all to realise the benefits of business coaching. Despite many years of senior management experience starting a new business requires best practice systems and processes built on a solid platform of detailed planning. I look forward to the benefits of adopting the formula being shared by MMP.

    • Campbell MacLeod

  • Max My Profit Are truly awesome at what they do. They have helped me over the past 12 months to get off the tools in my business and start working on my business. I am looking forward to 2019 with enthusiasm not concern. Thanks so much.

    • Aaron Kemp

  • If you are committed to Growth the Max My Profit Team has the tools and expertise to excelerate all areas of your life. They Care, They Listen, They Understand You as an Individual first then they focus on Your business. Thank you Max My Profit my rating is a 6/5 - Kindest Regards The Mr Handyfix Team

    • Catherine Kavadas

  • The team at Max My Profit are an absolute pleasure to deal with. I love working with a team who is on top of what they are doing and have a clear view of what they are working on with you and helping ensure you get to the end goal.

    • Lauren Watts

  • I have been working with MaxMyProfit over the years and what they do for SME's in growing their business is fantastic. Also due to there knowledge and their supporting material for companies across the 5 lifestyle stages and assisting them through this process day in day out is extremely comforting as a small business owner and have referred them many businesses over the years.

    • Steve Laingy

  • Working with a business coach from MaxMyProfit has been one of the best things I have done for my business. I had several other coaches before MaxMyProfit but these guys are a step above the others. I have seen a significant increase in sales, now have a business that can run itself and the coaching program has paid for itself many times over.

    • Matthew Kitchin

  • Much more than just business coaches. There is an absolute treasure chest of business knowledge in their members site.

    • Iain Campbell

  • Max My Profit are unique as they really partner with you to develop and implement a plan that will drive success for the business. I was hesitant to proceed as previous business coaches tell you what to do and rely on you to implement.

    • Michael de Haan

  • I attended one of Max My Profits introductory events in Melbourne. Having been an accountant for almost 30 years, I was somewhat sceptical. Boy was I wrong. I not only enjoyed the presentation, but I gleaned so much from just that session.

    • Daniel Odd

  • These guys are an absolute wealth of knowledge for Small Business. The programme and support networks they have set up ensure learn more every day and can take your business from good to great. Thanks so much.

    • John Butler