The Growth Coach
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here to link to Growth Coach’s detailed company profile
The Growth Coach is a leading provider of business coaching in North America, serving small business owners, franchisees, self-employed professionals, high-end sales and financial services professionals and managers from businesses of all sizes. The company’s goal is to help clients gain greater focus and leverage so they can work less, earn more and enjoy richer, more fulfilling lives. All Growth Coach client solutions are driven by a unique, strategy-focused process—a proven, systematic and structured method for clients to think, plan, monitor and achieve greater results in their businesses and lives. In the end, clients have greater clarity about where they want to go, possess a strategic and focused plan to get there, and receive ongoing accountability to make critical adjustments to stay on track.
The Growth Coach has been recognized by countless national publications, including Entrepreneur magazine, which named it as one of the “Top 50 Rising Stars” and “Top Home-Based Franchises” in 2009. The Growth Coach is a great opportunity to become a part of the booming business-coaching industry.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised | 127 | 137 | 140 |
| | % Change | -- | 7.9% | 2.2% |
| | Company-Owned | 0 | 0 | 0 |
| | % Change | -- |
-- |
-- |
| | Total | 127 | 137 | 140 |
| | % Change | -- | 7.9% | 2.2% |
| | Franchised as % of Total | 100.0% | 100.0% | 100.0% |
Investment Required
The initial fee for a Growth Coach franchise ranges from $39,900 to $45,900 depending on financing and territory size.
The Growth Coach provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee | $37,900 | $43,900 |
| |
Expenses While Training | $750 | $1,500 |
| | Initial Rent, Telephone, Bank and Other Deposits | $350 | $2,000 |
| | Computer Hardware and Software | $1,000 | $3,000 |
| | Lead Generation Program | $3,000 | $3,000 |
| | Furniture and Equipment | $500 | $1,000 |
| |
Grand Opening Promotion | $1,000 | $4,500 |
| | Monthly Office Rental |
$0 |
$1,000 |
| | Insurance | $500 | $2,000 |
| |
Additional Funds (3 Months) | $5,000 | $18,000 |
| |
Total Initial Investment |
$52,000 |
$81,900 |
Ongoing Expenses
The Growth Coach franchisees pay flat-fee royalties based on monthly gross revenues with a minimum of $500 per month. Other fees include a national branding fee of $200 per month and a local advertising contribution equal to 3% of gross revenues.
What You Get—Training and Support
A five-day initial training program is provided for up to two employees at corporate headquarters in Cincinnati, OH. Training covers the areas of database management, the Growth Coach business model, coaching strategies, sales, financial management and marketing.
Additionally, The Growth Coach maintains a website, provides assistance with finding suppliers, and offers ongoing assistance with marketing and promotional materials. The Growth Coach also holds national franchise meetings to discuss sales techniques and proven strategies as well as introduce new management tools and marketing programs.
Territory
The Growth Coach grants protected territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2012 Edition of Bond’s Top 100 Franchises publication.
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