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Business Coaching

Grants and Funding for Business Coaching

Business West, an organisation that supports Businesses in the South West is offering government support for businesses to thrive. They believe that business coaching is an essential part of  ensuring this happens.  They state:

There’s strong evidence that good coaching can accelerate business growth.

A survey carried out by Manchester Inc. found the average return on investment to be almost six times the cost of coaching, and a report from the Personal Management Association showed that productivity increased by 86% when training was combined with coaching, compared to just 22% when training was carried out without a coach.

Lots of ideas but too busy to implement?

A busy CEO told me that she has a hundred ideas for growing the business, but never any time to implement them.  This is where working with a business coach comes in handy. It’s an opportunity to prioritise what you want to achieve, work out the obstacles in your way (time, procrastination, difficulty in delegating, lack of focus etc), find solutions for them and a plan for implementing your ideas.  The coach then holds you accountable to ensure that what you say you’ll do is done.  A sharp focus in maintained and you’ll find that you’re able to change the way you’ve been doing things and find new, more efficient ways, that will help your business grow and be more profitable. Many clients say that they come away feeling clearer and motivated to take action.

Struggling with delegation?

As you grow as a business, you cannot do everything yourself.  When you first set up, it’s possible you had to, but if you want to make more sales and handle more customers successfully, you will need to recruit more staff and delegate many tasks to them.  Ideally, those you delegate to will have the skills to do these tasks better than you as they will be specialists and able to focus solely on that area of the business, e.g. finance.  You can then focus on business development and finding new opportunities for growth.  For many business leaders, delegation is a huge challenge as they fear that others cannot do things as well as them, or that they simply don’t have enough time to explain what is needed – it’s easier just to do it themselves.  Investing time and effort in training and being able to delegate well saves a huge amount of time later on.  I see too many businesses where the founder is the biggest obstacle to growth.  A coach can help you address this and identify ways of recruiting and successfully delegating so that you free yourself up to look at the bigger picture.

Business relationships not going well?

When you’re stressed, it’s hard to keep your cool and communicate successfully. When you’re trying to do everything and there are not enough hours in the day and an important customer or client calls with a problem, you may not be in the best frame of mind to talk to them in a helpful and measured way. Or you may not communicate in a constructive way with your staff if you’re feeling overloaded.  A coach will work with you to identify what is making you stressed and improve your communication so that you become more of an inspiration as opposed to a frustration.

How do you access funding for a business coach?

I know what it’s like from experience of applying for funding and tenders.  You are busy enough, and the thought of taking time to write and fill in forms is enough to put you off.  With Business West, it is pretty simple.  They do most of the work and you come away with financial support to grow your business.You can find more about coaching grants here

Questions about business coaching?

If you have any questions about working with a coach, just give me a ring on 07785 996917 or email me catrin mac@gmail.com

“We do not see things as they are….

….we see them as we are”

So much of my work as a coach comes back to this.  When clients struggle to understand the reaction of others, why relationships are difficult, why there might be disagreement at meetings, in teams. It’s so often because we are all seeings things differently.

The assumption that we all interpret things in a similar way is so mistaken.  Everything we hear, see, feel is affected by our thoughts, beliefs and values, which in turn have been created over many years of experience.  From childhood, learning from peers, adults, parents and teachers to adulthood where we surround ourselves much of the time by people who have similar beliefs, values and opinions to us.  We develop a view of the world which is very different to others’.

Our interpretation of events and conversations are so coloured by our own prejudices and bias that we very often will disregard hard facts if they don’t fit in with our own ideas and stories that we unconsciously tell ourselves.  Many studies have been carried out proving this; Claudia Cohen showed people a video of a woman speaking to her husband about her day at work.  Some were told she was a librarian, others were told she was a waitress.  Those who believed she was a waitress remembered facts consistent with her day job, and disregarded those facts that were inconsistent. The same happened for those that understood she was a librarian.  This shows us that we choose information that fits in with our expectations and assumptions, to the detriment of other facts that could perhaps be useful in giving us a clearer picture.

If we choose to do something, we can also choose to do something else. We can choose to question our tendency to see things as we are, and start looking a little further.

Through coaching, our perception of the world and of others can be challenged and we can find ways of being more open minded, which in turn opens the door to more opportunity and the possibility of doing things differently.  Giving people we might not have previously chosen an opportunity, overcoming our previous prejudice or beliefs has multiple benefits.  It is good for you, your work, those around you and the business.

 

For more information about coaching, email info@catrinmacdonnell.co.uk.