How much does an ActionCOACH franchise cost?
- Initial Franchise Fee: $70,000
- Total Investment: $122,065 to $155,460
- Working Capital: $15,000 to $20,000
- Royalty Fee: 10.0%
Full Answer
What is ActionCOACH franchise?
ActionCOACH franchisees (also known as business coaches) operate a business that provides business coaching, executive coaching, mentoring and training to business owners primarily in the small to mid-market business sector.
How many countries is ActionCOACH in?
We offer services in 85 countries in the world with more than 1,000 business coaches. We are a firm whose principal office is in Las Vegas and which is founded by Brad Sugars, who is also our present CEO. Our vision is to “spread abundance globally through re-education of business owners and groups.”
When was ActionCOACH started?
1993Started in 1993 by Australian entrepreneur Brad Sugars, ActionCOACH has spread its proven business model all over the world; ActionCOACH possesses offices and topnotch business coaches with experience in nearly every major industry in over 70 different countries.
Who started ActionCOACH?
Brad SugarsBrad Sugars, Chairman & Founder Brad Sugars started the ActionCOACH brand (formerly known as Action International) when he was in his early twenties. Today the company is internationally recognized as the leading global business coaching firm and one of the leading and most awarded franchises in the world today.
How many business coaches are there in the US?
There are 60,472 Business Coaching businesses in the US as of 2022, an increase of 2.2% from 2021. Has the number of Business Coaching businesses in the US grown or declined over the past 5 years?
What a life coach does?
A life coach is someone who counsels and encourages clients through personal or career challenges. A life coach helps guide clients to reach their ultimate goals. A life coach can help individuals in different areas of their life. But because each human being is different, so will their goals.
What is the purpose of executive coaching?
Executive coaching involves a series of one-on-one interactions between a manager or executive and an external coach. The goal of coaching is to equip people with the knowledge and opportunities they need to develop themselves and become more effective. Behavior change is the goal of most executive coaching.
What does leadership coaching include?
Leadership coaching is the conscious process of developing talents and competencies within individuals so that they can work more effectively with others. Leadership training often centers around effective communication skills, business coaching, and understanding the impact of different leadership styles.
How long does a franchise have to be in business?
After a certain number of months of operation, franchisees must meet a monthly quota, referred to as minimum performance (12 months for FIRM franchisees and six months for PRACTICE franchisees).
How often do franchisees attend regional conferences?
At least once a year, the franchisor organizes regional conferences and every year franchisees are required to attend at least one of these regional conferences. If franchisees purchase a FIRM franchise, all of their business coaches and key personnel must attend every year at least one of the franchisor’s regional conferences.
Does franchising offer financing?
Financial Assistance: Neither the franchisor nor its affiliates offer any direct or indirect financing to franchisees . The franchisor will not guarantee any note, lease or obligation franchisees may make to others.
Can a franchise offer coaching?
Franchisees may offer only the coaching services and related products that the franchisor has approved for sale by business coaches in the U.S.A. Franchisees may not offer any legal advice, accounting services, or other professional advice or services which require a license from the state.
Does Franchise Direct sell your information?
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Can a franchisee be a business coach?
Obligations and Restrictions: For all franchise models, only one person may be a nominated business coach ( NBC) at any given time. Ordinarily, franchisees will personally serve as the NBC. Franchisees may appoint another individual to serve as NBC in their place only if the franchisor approves in writing to appoint a NBC. For a FIRM franchisee, in addition to the NBC franchisees may appoint an unlimited number of individuals to serve as employee business coaches (EBCs) as long as the individuals have (a) been approved and trained by the franchisor and (b) have signed an employee business coach agreement with the franchisee. Franchisees may offer only the coaching services and related products that the franchisor has approved for sale by business coaches in the U.S.A. Franchisees may not offer any legal advice, accounting services, or other professional advice or services which require a license from the state. Franchisees must offer all products and services that the franchisor specifies to be made available to clients. After a certain number of months of operation, franchisees must meet a monthly quota, referred to as minimum performance (12 months for FIRM franchisees and six months for PRACTICE franchisees).
How much does an ActionCOACH franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How many franchise locations do they have?
As of the 2019 Franchise Disclosure Document, there are 121 franchised ActionCOACH locations in the USA.
Company Overview
Brad Sugars started the consulting firm Action International (now ActionCoach) in 1993 from his home in Brisbane, Australia. In ten years, the firm grew into an international franchise with offices in New Zealand, Asia, the United States, Canada, Mexico and Europe. Today ActionCoach has franchises in more than 70 countries.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a ActionCoach franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where ActionCoach landed on this year’s Franchise 500 Ranking versus previous years.
How many offices does Action Coach have?
Action Coach has has more than 1,000 offices operating in 26 countries. It is also an active member of the International Franchise Association, and is currently rated by the U.S.-based Entrepreneur Magazine as the #1 Business Coaching Franchise in the world, as well as one of the Top 100 Franchises overall, one of the Top 20 Home Based Franchises and one of the Top 25 Fastest Growing Franchises.
When was Action Coach founded?
Action Coach review: ActionCoach was founded in 1997 as Action International (with the name change about 2005). It is a Franchisor that sells ActionCoach Business Coaching Franchise licenses in which the Franchisee can operate as a business coach within a specified geographic territories.
How much does a marketing department franchise cost?
How much does a The Marketing Department franchise cost? The total cost to open an office including a franchise fee, layout, equipment and furniture ranges from $91,750 to $146,000. The Marketing Department then takes a 33% percent royalty (revenue split) and 4% of total revenue for marketing and advertising resources.
What is growth coach?
The Growth Coach is a franchise model and franchisees provide strategic, ongoing group coaching to help clients gain greater focus and leverage in order to work less, earn more and achieve work-life balance.
How much does an AdviCoach franchise cost?
How much does an AdviCoach Franchise cost? An AdviCoach franchise costs $45,000 with an ongoing royalty of 5%-15% and an ad royalty fee of $400/mo.
How much does a growth coach cost?
How Much Does The Growth Coach Cost? The Growth Coach costs from $52,125 to $82,025. There is an ongoing royalty of 10% and an ad royalty fee of 3%.
What is an AdviCoach?
AdviCoach is part of Franchise Source Brands International, which also franchises The Entrepreneur’s Source . As a certified AdviCoach, you will help business owners to create a course to success in “business and in life”. This is called their ILWE Plan (Income, Lifestyle, Wealth and Equity) which allows your clients to design their future based on their dreams, desires, personal and professional goals. Like many other marketing consulting franchises and business coaching programs, AdviCoach believes that small business owners may be great “technicians” working in their business (i.e., delivering the product or service), but not necessarily very good at working on their business – their franchise service offering approaches business owners in the way.
