Small Business Coaching: Profitability Goals.

Small Business Coaching can be useful channel to realize profit goals faster. Using an objective point of view to critique your process is almost always bound to turn up some ideas for increasing profitability.

Small business owners are people too and they, like everyone else, have core competencies, or things the rock at. On the flip side they also have a few things they are not so great at. The on prevailing quirk I've seen with many entrepreneurs is their reluctance to ask for help.

I will go ahead and throw myself into this category of "go it aloners". I have learned over the years, mostly by accident, that objective perspectives are very powerful and revealing. I remember once when a business of mine was in need of serious capital fast and I had a chance encounter with a small business coach.

I had just been awarded a large contract and needed funds to carry payroll for a couple months. I had been working with an E-myth consultant in Vancouver B.C. and mentioned this to her. Her feedback was powerful. In a nut shell she said, " you need money. Go get the money. You made big decision, one that would require you to do something that you have never done. Now follow through big boy." Her tone was just like that too.

At the time I was a little scared after learning that I had been awarded the contract. It had been a while since I had felt that unprepared in my business and her feedback was right on. I acquired the capital and began a great relationship with a couple private investors.

Small business owners can often times find themselves isolated and when a crisis comes along or an issue that needs another perspective they can be at a loss if they don't have someone to turn to.

I kept in contact with that consultant and when I was in a position for growth and was uncertain of my next move I would call. She was a great resource and helped my business immensely.