Franchise FAQ

how much does an actioncoach franchise cost

by Christop Barrows IV Published 2 years ago Updated 1 year ago
image

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 an actioncoach franchise?

Franchise Description: ActionCOACH North America, LLC (ACNA) is the U.S. franchisor of the ActionCOACH concept. 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.

Why choose actioncoach Chile?

Brad Sugars' ActionCOACH franchise recently granted Philippe Gillier with the Master Licensee rights for Chile. For Gillier, this business coaching franchise is the best way to contribute to the development of the Chilean economy as well as build and develop his own business. In Chile, the sma...

What is a business coach franchise?

Services primarily include business coaching, mentoring and training in sales, marketing and business management. The franchisor offers two types of business coach franchises: (1) the FIRM, which is the “investor level, team builder” model, and (2) the PRACTICE, which is the self-employed level, “be the coach” model.

How much does it cost to open a practice franchise?

Estimated Initial Investment for a PRACTICE Franchise Name of Fee Low High Franchise Fee $49,500 $49,500 Franchisee Training Fee (per trainee) $25,000 $25,000 Travel to Initial Training (per trainee) $250 $1,250 Quarterly Conference and Technology Fee $165 $165 11 more rows ...

image

How much does ActionCOACH cost?

Detailed Information on ActionCOACH's Initial Franchise Fee, Royalty Fee + 23 Other Fees (Items 5 and 6, 2021 FDD) For a FIRM franchise, you will pay ActionCOACH a franchise fee of $74,500 for a Designated Direct Marketing Area (DDMA) with a population of approximately 10,000 businesses.

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.

Who owns 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.

When was ActionCOACH started?

1993“ActionCOACH is the original business coaching company,” Sugars says. “We started business coaching programmes in 1993, spread across the world. We are now in 73 countries helping owners grow their businesses.

What does Action coach do?

ActionCOACH is an expert in nearly every aspect of building and developing a successful business. Sales, marketing, business development, business management, team building – we have literally hundreds of different strategies and systems at your disposal to tackle each one of these sectors.

Is Coach a franchise?

Coach's franchise model is like our food – affordable, robust and yes, we are going to call it – deliciously different!

How many countries are ActionCOACH in?

With nearly 1,000 experienced ActionCOACHes working in more than 70 countries all around the globe, we promise that we can find a coach that works for your own personalized needs.

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 business coaching and mentoring?

A business coach or mentor is such a professional having inside knowledge and experience of your respective industry and market. They have the skills and understanding to help you evaluate the present situation of your business.

What is a small business coach?

A small business coach is a professional who knows the ins and outs of running a business. This includes (but is not limited to) advice about being a better manager, handling the stress of being a business owner, finding additional revenue, and increasing your company's sales.

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?

Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.

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).

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.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9