How business owners use their time will affect the bottom line and business profits for their companies, according to AdviCoach®, the country's premier source for business coaching and advisory services customized for small-to-mid-size businesses. AdviCoach business coaches encourage clients to periodically review how much time they are spending on what functions and then to ask themselves the question: "Is my time being used in the most productive manner?"
"Becoming an entrepreneur is attractive because you're not accountable to anyone but yourself," says Brian Miller, COO and President of AdviCoach. "But time is money when it comes to running a business. The more efficiently an owner uses time, the more effective the owner will be and the more the bottom line will grow."
One of the most common time busters for business owners, according to Miller, is getting caught up doing the things they like to do versus what they should be doing. "Some business owners fall into the trap of becoming the chief technician for their businesses. They end up spending less time 'on' the business than 'in' the business because they are spread too thin and are too busy to work on what is necessary to grow their ventures," Miller adds. For example, getting caught up working "behind" the counter on an order, instead of being focused on the marketing plan to bring in future orders, or micro managing and not delegating can keep a business owner from working on the tactics that affect the bottom line.
All AdviCoaches have been extensively trained under the AdviCoach (www.AdviCoach.com) system. Through a powerful, interactive diagnostic process, AdviCoaches work with their clients to assess business performance based on 21 critical areas, including analyzing or creating clients' Time Management Plans.
According to Miller, a Time Management Plan is the solution to becoming a good time manager. "Prepare a weekly time management plan where you've got the most important things blocked into your calendar as an appointment with yourself. Each day, a plan is already laid out as to what is needed to keep your business moving forward and moving efficiently. A time management plan will optimize the use of your time and energy and hold you accountable for the important and necessary tasks of growing a profitable business," says Miller.
AdviCoach, the country's premier source for business coaching and advisory services customized for small-to mid-size businesses, helps clients prepare for economic changes by assessing the current state of their businesses. AdviCoaches identify and address challenges and new opportunities, educate clients in business best practices and hold them accountable for their short and long term business goals. AdviCoaches work collaboratively with clients to provide customized education and business strategies applicable to each stage of business development. Unlike traditional consultants that specialize in a particular business discipline or industry, AdviCoaches deliver a variety of services to enhance the performance of small- to mid-size businesses in any industry.
To learn more about AdviCoach, please visit www.advicoach.com.
About AdviCoach®
AdviCoach is the premier source for business coaching and advisory services customized for small to mid-size businesses. With its unique "AdviCoach Advantage," ® AdviCoaches help businesses increase their ROI and deploy a multitude of Rapid Impact Strategies to impact the bottom line of their business. Today, AdviCoach, along with sister company The Entrepreneur's Source, dominates the $1.5 billion dollar Business Coaching/Consulting franchise market with 33 percent market share in North America. AdviCoach was recently ranked in the Top 100 new franchises by Franchise Market Magazine and listed in the Franchise 500 by Entrepreneur Magazine for 2 consecutive years. Other news on FSBI international brands can be found on www.FranchiseNewsRoom.com.
From PR-USA.NET