How to Become a Business Coach

Former Business Coaching Franchise Executives Identify Top Franchise Opportunity for 2010

By on January 26, 2010

Renowned industry leaders announce the release of an exclusive 77-page report, The 2010 Business Coaching Franchise Buyers Guide: Everything You Need to Know About Buying a Business Coaching Franchise.

January 27, 2010 — Former business coaches and business coaching franchise executives Eric Dombach and Michael Cody recently announced the release of their new 77-page report, The 2010 Business Coaching Franchise Buyer’s Guide. “As in any business, there’s a lot of risk in buying a business coaching franchise,” said Dombach. “We hope to help eliminate some of the nasty surprises that can befall the unsuspecting consumer.

Subtitled “Everything You Need to Know About Buying a Business Coaching Franchise,”

Renowned industry leaders announce the release of an exclusive 77-page report, The 2010 Business Coaching Franchise Buyers Guide: Everything You Need to Know About Buying a Business Coaching Franchise.
Dombach and Cody — who have spent the last eight years recruiting business coaches into a total of four of the world’s most prominent business coaching systems — promise that the report will be an eye-opener for anyone considering a business coaching franchise.

Dombach and Cody are no longer associated with any specific business coaching franchise system, and decided the time was right to share a candid, behind-the-scenes perspective. “Without a doubt, this is the most comprehensive compilation of information on business coaching franchises ever gathered in one place,” Cody said. “Our objective was to show readers what’s really going on when you’re in discussions with business coaching franchise executives.”

Business coaching is an exploding billion-dollar industry, with growth rates between 18%-25% each year (MarketData Report, 2009; The Economist, Sept. 2008). Dombach said that many prospective business coaches turn to franchises to take some of the pressure off establishing a system and brand of their own. “Franchising allows you to leverage other people’s time and resources and tap into an established, proven system,” Dombach said. “It’s the reason I decided to buy a franchise when I first cut my teeth as a business coach.”

In fact, Dombach quickly catapulted to international acclaim as a business coach, earning numerous awards and building a 7-figure coaching practice from 2001 to 2005. In 2005, it sold for $1 Million USD. From 2005-2009, Dombach consulted with and rendered professional services for four of the world’s most prominent business coaching franchise systems. Likewise, Cody is an accomplished 6-figure business coach and formerly worked as a business coaching franchise executive.

However, Dombach warned that while franchising can be an effective way for business coaches to break into the industry, there are pitfalls. “As in any business, there’s a lot of risk,” Dombach said. “Michael and I wrote The 2010 Business Coaching Franchise Buyer’s Guide in the hopes of helping folks understand what they’re getting into when they buy a business coaching franchise. We hope to eliminate some of the nasty surprises that can befall the unsuspecting consumer.”

The 2010 Business Coaching Franchise Buyer’s Guide is a unique, compelling look into the world of business coaching franchises — and a must-read for anyone considering buying a franchise as they venture into the industry.

For more information or to secure a copy, visit https://mycoachescoach.com/franchise-buyers-guide.

Eric Dombach

About Eric Dombach

Eric Dombach is the Founder of Coaches’ Coach. In 2001, he founded a business coaching firm that, by 2005, was generating more than $1 million USD in revenue, 23% operating profit, and average annual growth rate of 140% per year. In 2005, he sold the firm to 4 of his employees for $1 million U.S. dollars, generating a return on capital of more than 800%. Since then he has trained more than 1,300 independent and franchise business coaches in the United States, Canada, Mexico, Europe, and Australasian markets.

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