The Simple Business Plan Every Coach Needs

"Business plan" is one of those terms that gets tossed around a lot, and if you're in the process of getting your business off the ground, it can be tempting to think that your next step is to create a business plan.

There's some truth to that, but what most people envision when they think of a business plan is a massive 100-page document that outlines every last detail of the business. That in-depth type of document is great if you're seeking startup funding or investing, but for most coaches...that's not the case.

In this episode, I talk through the simple one-page business plan that every coach needs, whether they're just getting their business started or are trying to refocus their existing business.

I talk through the key five questions every entrepreneur needs to ask when starting their business, including:

But not to worry—if you don't immediately have answers to one or more of these questions, all hope is not lost. Working through these five questions helps get you clarity not only on what you already know, but also on what you need to figure out.

So even if you can only answer one or two of these questions right now...it shows you exactly where you need to turn your attention so you can get answers to the remaining ones.

Mentioned in this Episode: