Business coaching is an umbrella term that covers all businesses that provide valuable coaching services to other businesses. In simpler terms, coaching businesses are B2Bs that focus on transferring knowledge, expertise and experience in various fields. It also means that coaching businesses are secondary/tertiary dependents on the growth of other businesses. Quite naturally, the best time to invest in coaching franchises is when the economy is entering the ‘boom period’.
The business coaching industry is divided between many sub-sectors. The biggest among these is the financial sector, represented by businesses like audit firms and executive coaching firms. The next place is taken up by the overall public sector.
The business coaching sector is, quite undoubtedly, a service sector leader in the UK. According to various estimates, the overall size of this sector touches (or even, surpasses) the £80 billion mark. Of this, close to £10 billion is estimated to come from executive and management coaching businesses. This also makes the UK business coaching sector the second largest in Europe.
Over the last few years, the sector has experienced steady, predictable growth, making it ripe for investment. According to reports, the YoY growth rate stands at 6-10% (2013-2016). Generally, coaching businesses share their expertise with their clients on an as-needed basis. Larger, more established UK business coaching franchises have the luxury of being retained by their clientele. You will need to have competent expertise and experience in your field, because your revenue will revolve around it.
It’s not always necessary to have prior experience of running your own business (although having it certainly helps). The important trait to have in order to run any business successfully is the ability to learn quickly. If you’re business-minded, you can learn the ropes in no time, maximizing the market worth of your skills.
If you want to choose the best business coaching Franchise, it is advisable you consider conditions, experience, and assistance the franchisor offers to their partners. Nonetheless, here are top choices you can pick from.
15 Business Coaching Franchise Opportunities in Australia and Their Cost
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Auditel – £19,950
Auditel delivers procurement, supply-chain management and business transformation solutions to organisations of wide-ranging industry sectors and sizes. Right from 1994, over 3,000 UK clients have gained from Auditel franchise consultants unlocking wasted expenditure.
Auditel’s network of around 100 franchised consultants have experience across all areas of expenditure, from everyday costs such as Business Consumables, Utilities and Communications through to more specialised areas such as Waste Management, Compliance, Logistics, Managed Print Services, Finance or Building and Maintenance costs. In fact, there are over 100 different cost areas that Auditel have experience in achieving savings for its clients.
Cost
- Franchise Investment: £19,950
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QuickMediator
A QuickMediator franchisee helps parties in dispute to find a mutually acceptable solution. In summary, a mediator works with both parties through a structured process, which is designed to produce a solution. They also promote meaningful communication between the parties and remain neutral – especially in situations where emotions are running high. They also ensure that there are no losers as a result of the conflict.
Cost
- On Demand
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Business Doctors – £39,500
Graham Robson, Business Doctor for Tyne Tees and former recruitment industry managing director, was searching for a franchise that would let him pass on what he had learned during 38 years in business. He says: “If you can’t enjoy it, don’t do it!” and the world couldn’t agree more. Business Doctors franchise partners provide a high-quality package to SMEs, supporting their varying needs and facilitating them to grow.
Cost
- Franchise investment: £39,500
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Money Advice and Planning – £25,000
The MAP proposition is unique in the Independent Financial Advice market and provides a genuine opportunity for motivated individuals to enter this industry and build their own IFA business. Note that this Business Proposition is more or less simple because they provide you with everything you need to establish your IFA business and to generate opportunities almost from day one.
It may sound simple, but the reality is that for an individual to go about setting up a sustainable IFA business on their own in today’s financial climate would be extremely difficult to say the least. As a MAP Franchisee you will be able to establish and grow your business, safe in the knowledge that you have a team behind you to support you in every area of your business.
Cost
- Franchise Investment: £25,000
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UK Business Mentoring – £12,000
The UK Business Mentoring Franchise is a fast-growing business coaching opportunity with franchisees offering adequate support and guidance to business owners across the UK. They are looking for experienced professionals to join their growing network of business mentors.
Cost
- Franchise investment: £12,000
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Entrepreneurs Circle Coaching – £4,999
This Franchise gives you everything you need to become a hugely successful and highly profitable marketing coach for small businesses. You don’t need marketing experience – just take follow the processes, templates, workbooks and follow all proven process that has been perfected over the past 17 years of working with tens of thousands of businesses. They also train and give you the step-by-step tools you need to work with any small business, identify their biggest opportunities and help them get results.
Cost
- Franchise Investment: £4,999
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Leadership Management UK – £3,050
Leadership Management is an educational franchise that provides a proven concept and a globally recognized brand. The company provides adequate support from the head office as well as from LMI-UK colleagues through weekly team meetings and training. In 2019, Leadership Management UK Franchise was named the Best Low Cost Start-up Franchise and was also named one of the Top 100 Franchise Franchises and Top 500 Entrepreneurial Enterprises in the World.
Cost
- Franchise investment: £3,050
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Elite Training
Established in 2006 and based in Glasgow, Elite is a leading training and consultancy organisation. They work closely with clients to understand their learning needs and subsequently offer a range of training services to suit their specific requirements. Note that all courses fall into the main categories of Project Management, IT and Soft Skills. Course delivery can be via face to face in the class, virtual, e-learning or a blended solution to suit the needs of our clients.
They also work with organisations across both the public and private sectors and their clients include the Scottish Government, NHS National Services, Standard Life Aberdeen, VisitScotland, Councils across the UK, Care Inspectorate, Scottish and Southern Energy, British Airway and the Law Society.
Cost
- On Demand
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COENSUS-HR – £1,500
Prevue is a Canadian company which offers world class Total Person Assessments, which were developed in the UK and have been reviewed by the British psychological Society. Note that they accurately measure those areas of a person’s character critical when employing or developing people.
Cost
- Franchise Investment: £1,500
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Chrysalis Partners
They are renowned as the fastest growing Coaching and Consulting business in the UK, and they are currently looking for entrepreneurial people to join the growing network of coaches. With more than five million small to medium-sized businesses in the UK, the demand for Chrysalis Partners’ services is huge.
Furthermore, most new businesses fail in the first few years, so the requirement for a Coach to help steer them to success is greater than ever. Have it in mind that you will join a growing community of business professionals, using the proven Chrysalis systems to help drive businesses to success.
Cost
- On Demand
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International Coaching Academy – £25,000
The International Coaching Academy is a well known brand, with years of experience coaching small businesses, SME’s and individuals. The business was initiated in 1998 by premier business consultant and personal success expert, M.D. John Haynes. From humble beginnings coaching and mentoring individuals with a thirst to improve their lives, ICA has grown into an internationally recognised brand, specialising in individual and organisational transformation.
Cost
- Franchise Investment: £25,000
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The Mentors Guild – £297
The Mentors Guild is a company that has set itself the goal of completely transforming the mentoring, coaching and consulting industry, and as a result does not charge a commission or support fee, but only provides an affordable monthly free subscription and full 30-day money return guarantee.
Cost
- Franchise Investment: £297
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Business Partnership – £25,000
Right from inception in 1979, the Business Partnership has supported thousands of small and medium-sized businesses through the marketing and sale of their businesses. Collectively, the company has sold SMEs in all sectors ranging in value from a few thousand pounds to many millions. In doing so, the Business Partnership helps other business owners in local communities move forward, whether it is retirement or the opportunity to invest in new business opportunities.
Cost
- Franchise Investment: £25,000
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ACTIONCOACH – £69,000
ActionCOACH won Compare The Financial Market’s Award for The UK’s Best Business Opportunity and is the World’s Number 1 Business Coaching Franchise. In 2013, ActionCOACH became the first recipient of Smith & Henderson’s prestigious 5-Star Franchisee Satisfaction Status and went on to achieve this every year since 2019, making ActionCOACH the first to achieve the 5-Star Franchisee Satisfaction status seven times.
Have it in mind that you and your employee business coaches will work with business owners, helping them in several areas including; teaching them how to increase their profits, develop powerful systems and how to build a strong team.
Cost
- Franchise Investment: £69,000
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The Alternative Board
TAB aids forward-thinking SME business owners grow their businesses, increase profitability and improve their lives by leveraging local business advisory boards, private business coaching and using proprietary strategic processes. TAB franchisees lead these monthly business advisory boards and provide the coaching and consulting to the business owners (our ‘members’). TAB board meetings and coaching can be delivered in-person and virtually.
Business coaching franchises in the UK provide various services. You may find here organizations that help small businesses grow; a brand which offers procurement, supply-chain management and business transformation solutions; a company that teaches small business owners how to build a strong team, etc. It’s up to you which concept to invest in.