How Much Is Business Coaching Going to Cost?
While many other coaches seem reluctant to discuss costs, we’ve answered this question hundreds, or thousands, of times over the years. It’s nearly always asked, and often it is the first thing business owners want to know.
We get it.
Cost matters. It’s not the only consideration, but it is important. Your investment level dictates the type of program you enroll in, how comfortable or nervous you are, and the results you’re going to get from coaching.
You’ll want to develop a coaching budget that you can be comfortable with. One that also lets you grow your business, and yourself as a leader. A budget that will allow you to consistently create the result you want. Like many areas of business, your budget will probably feel like a bit of a stretch at first, and that’s ok.
There are many things that people call business coaching including training, industry specific programs, and curriculum-based options. Questions you should ask yourself are, "what is this coaching company’s level of skill and expertise?", "what types of programs do they run?", and "how big is their client community and who else will I meet and do business with?"
Coaching programs run the gamut from education to training, from large group, lower cost, solopreneur focused programs, to industry specific group and individual programs to the highest level of coaching which is 1-2-1 Business Coaching. Here are the program levels and pricing as of 2022.
Businesses with less than 3 employees, or less than $300,000 per year in revenue.
You're busy. You're likely to want a coaching program with a low investment, and a low time commitment. You're going to want a coaching program focused on making you money, and fast. You'll want your program to deliver on marketing and lead generation strategies because growing your revenue and learning how to continue to grow it will be critical. The ActionMEMBERSHIP Platinum program at 195/wk is perfect for you.
Businesses with Revenue from $300,000 to $700,000 per year and 3-8 employees.
You're going to benefit most from a coaching program that will have fees starting a 295/wk. You're ready for a bit more accountability and you'll need to grow your skills in order to keep growing your business. For you, you'll want the ActionMEMBERSHIP Elite Program at 295/wk or the ActionMEMBERSHIP Elite + Group program at 495/wk to go even faster.
Business with Revenue from $700,000 per year to $5,000,000 per year
You're going to benefit most from our Flagship ActionMEMBERSHIP Elite + 1-2-1 Program. Here you'll maintain all the fundamentals of your business and add focus and skills of vision and mindset, systemization, sales and marketing, growth and profitability, strategic planning and your company culture. All in a setting where the focus will be on you and your business. The ActionMEMBERSHIP Elite + 1-2-1 coaching program starts at 695/wk (based on number of employees.)
Businesses with more than $5,000,000 in revenue
You're going to want more. For your key executives, executive coaching is the right path. Executive coaching starts at 2000/mo for fortnightly coaching. You'll also likely want programs for early stage managers like our Emerging Leaders Program, the Sales Leader Program, Leadership 2.0, and more. In fact, you'll want to work with a coaching company that has gotten to know your needs, and is able to create bespoke coaching programs based on where you are, and where you want to go, right now. You'll depend on your coaching team's expertise in the 5 main areas of business to help you decide the what and the when, and then to create and deliver the exact content you need. Bespoke programs can range from an 8500 daylong workshop (+travel) to a 150,000 comprehensive year long bench strength development program to create the next generation of leaders for your business. Whatever your needs, we have the right tools for you.
There are additional programs and add ons you might choose from the ActionCOACH catalog but your first choice will involve choosing the program that works best for you.
Continue reading the Programs section below to see the ranges of costs for the programs available at ActionCOACH of WI.