The Growth Coach Closes Out Q3 with Strong Sales Growth and Continued Franchise Expansion
The global business coaching company is leveraging its recent growth for an ambitious expansion plan, aiming to establish 300 franchise locations in 25 countries by 2027.
As business leaders increasingly look for support in the post-COVID world, The Growth Coach, a 65-unit small-business coaching franchise, is wrapping up the third quarter of 2022 with impressive momentum. So far this year, the brand has signed 10 franchise agreements and increased sales by 25% year-over-year.
“The Growth Coach has proven to be extremely valuable in assisting small to medium-sized businesses to align their success strategies with current market conditions,” explained Strategic Franchising Systems President Chris Seman. “By providing value and offering flexibility, our Coaches have continued to drive new clients to their businesses which has not only driven revenue growth but has helped us get new franchise owners launched successfully.”
Building a business has never been easy, but following the COVID-19 pandemic, business owners face more challenges than ever. With rapidly-shifting consumer behaviors, labor shortages and supply chain disruptions, business leaders are increasingly desperate for support, which is why The Growth Coach is particularly well-positioned to thrive in the $11 billion business coaching industry. And with over 28 million small businesses in the U.S., The Growth Coach offers franchisees an opportunity to make a real difference in the lives of those in their local market. This creates a uniquely rewarding business opportunity, both financially and personally.
“As we continue to revamp our business model and roll out new products, we remain one of the most flexible and affordable coaching franchise models out there,” said Seman. “We also have an unbelievable infrastructure of support for our franchisees. Not only do you get corporate support, but you are also coached directly by Growth Coaches in the field and groups of fellow franchise owners. That kind of support is hard to find. Our uniquely favorable franchise offering gets people to invest, which provides a wealth of support and, in most cases, a very quick return on investment.”
That rapid return on investment is aided by several factors, including a low initial investment — ranging from $42,000–$63,900, one of the lowest in the executive coaching segment — and a streamlined opening process that brings new franchisees to market quickly after signing on.
Looking ahead, The Growth Coach is gearing up for widespread expansion, seeking passionate coaches and consultants in markets across the country to join its network of franchise owners as it aims to establish 300 franchise locations in 25 countries by 2027. Target markets the brand is currently eying for development include California, Texas and Colorado.
“Our main focus is to continue to perfect our business model and our products and introduce them to move people across the country,” said Seman. “We’ve had a lot of momentum over the past few years, and so far, 2022 suggests that this trajectory won’t slow down anytime soon.”
About The Growth Coach:
The Growth Coach was founded in Cincinnati in 2003 and is the only pure business and sales coaching franchise aimed at driving success while balancing the lives of small business owners, managers, salespeople, self-employed professionals and executives across a wide spectrum of businesses and industries. The Growth Coach specializes in group workshops and individual coaching with the goal of helping clients gain greater focus and leverage to work less, earn more and enjoy more fulfilling lives. The Growth Coach is active in more than 100 markets in the United States and abroad and is always looking to expand domestically and internationally. For more information, visit https://growthcoachfranchise.com/.