Entrepreneurs know how important budgeting can be, and they often know even better just how tight their budgets are. Because monetary concerns are one of the most frequently cited reasons for young businesses going under, it’s no surprise that business owners are often hesitant to sacrifice funds to beneficial services like business coaching.
However, we’re willing to argue that working with a Business Coach is far from a frivolous expense—we'd go so far as to say that it’s a necessity just as important as renting your office space and paying your employees!
If you’re still wondering how you can afford a Business Coach when funds are tight, check out our tips below.
Plan your budget with coaching built-in.
Often, start-up managers tell themselves that they can’t afford something when the reality is that they can—they simply haven’t planned for it. As we’ve already mentioned, business coaching is important enough to be considered a regular and necessary expense. Planning for this cost as if it’s a utility bill or another basic need will make it easier for you to adjust your financial plans accordingly.
Thank you for your help!