ActionCOACH Ranked Number One in the Category of Business Coaching For Sixth Consecutive Year
ActionCOACH leads the business coaching category for the sixth year in a row.
Entrepreneur Magazine has ranked ActionCOACH as #1 in the Business Coaching category for the sixth consecutive year.
Entrepreneur’s announcement of the 30th Annual Franchise 500 Award winners not only demonstrates ActionCOACH’s industry strength, but its reputation in the franchise industry.
“ActionCOACH has pioneered the global expansion of business coaching, and we are extremely pleased and honored to be recognized by Entrepreneur Magazine as the leader in our field,” ActionCOACH Founder and CEO Brad Sugars said.
For its rankings, Entrepreneur based its Franchise 500 awards on a number of factors that include financial strength, financial stability, growth rate and size of the franchise system.
ActionCOACH has been instrumental in the growth and development of the business coaching category since Brad Sugars started the business in 1993 from his home in Brisbane, Australia.
Over the past 15 years, the firm has grown into an internationally recognized and award-winning franchise with more than 1,000 offices in 26 countries.
Most recently, ActionCOACH diversified into executive coaching to penetrate into this niche market by bringing the entrepreneurial mind-set into the corporate world.
The full list of ActionCOACH’s rankings in Entrepreneur’s 2009 rankings include: #1 in the Business Coaching category; #103 in the Franchise 500; #25 Top Home Based Franchise and #82 as America’s Top Global Franchise.
“The New 3 A’s of Business” – Second in a Series
Ex-Accountant Darren Reddy Found ActionCOACH to Be a Better Fit For Him
More owners than ever recognize the need for all 3A’s – an attorney, an accountant and an ActionCOACH – for their business.
For ActionCOACH Darren Reddy, accounting was a fantastic way to learn about how a business should run and how the numbers reflect every decision made in the business.
“I didn’t like the number crunching but enjoyed interpreting the outcomes and making decisions based on the figures,” he said.
This led him to rethink his career choice. As an accountant, he had a lucrative career but found it to be unfulfilling as he enjoyed looking at numbers and providing advice, but was tired of doing the detailed work.
“I wanted to see if I could run my own business instead of being an employee,” he said. “The accounting background is an excellent basis for being a Business Coach as you have a detailed understanding of what can be an effective business – this only applies to management accountants in industry as I don’t believe a lot of tax or private practice accountants have enough practical knowledge of industry.”
Reddy believes the major difference between these two roles revolves around the manner in which one deals with people.
“I had to change my mind-set to lead people and become a mentor rather than someone involved in producing reports,” he said. “As a Business Coach, my aim is to produce results, not reports.”
Being a Business Coach with ActionCOACH- the number one business coaching firm in the world has been a great learning process for Reddy. This role has come with its set of challenges.
“Becoming an ActionCOACH, has moved me out of my comfort zone and has introduced me to many new concepts - opening my mind to the impact of vision and goals,” he said.
ActionCOACH Business Coaches go through world-class training and provide their clients with proven systems, tools, strategies and methods for success. Reddy feels that this is a new chapter in his life – one that has not only the potential of impacting people positively, but one that allows him to have more control over his own destiny at the same time.
Many of Reddy’s clients take comfort in the fact that he is also a qualified accountant with diverse knowledge in marketing, team building, sales, advertising and franchising – to name a few.
“I have been able to gain enormous knowledge through ActionCOACH’s world-class training, books, and other tools,” he said. “I have had to develop presentation skills as well as communication, marketing, leadership and people skills to become more effective and powerful in my new role as an ActionCOACH.”
Reddy is highly motivated to be an effective Business Coach – one who is able to bring results for all his clients.
“I want to be the most respected Business Coach in Australia; based on not the number of clients I have but on the best results and quality of advice I give my clients,” he said.
Reddy finds being an ActionCOACH to be more fulfilling, and as having many advantages over his previous career, in which he was an accountant.
“As a Business Coach, you can make an impact on the people and business performance whilst most accountants simply report the past and don’t impact the future,” he said.
Reddy believes that these two roles can often coincide.
“This can happen in instances where your clients don’t understand their figures in the business so you are able to give them good, practical advice in financial terms which further builds your credibility,” he said. “As an ex-accountant, I can make a decision immediately instead of needing to wait and get their accountant involved. However, I never give in-depth financial advice; instead I teach them general principles, which in most cases is enough for them.”
While Reddy believes that in order to survive in today’s economic climate, it is even more important to have an ActionCOACH in addition to an attorney and accountant, he finds getting new clients to be the most challenging aspect.
“Most people need their tax done, even government policy dictates that you must use an accountant; sadly, coaching is not seen in the same light,” he added.
According to a recent survey carried out by ActionCOACH, the leading business coaching firm in the world, one in eight business owners will consider using the services of a Business Coach.
“Today, business owners cannot go it alone; there is a need for a third “A” in addition to an attorney and an accountant. Having an ActionCOACH is no longer the luxury it used to be- it has become a necessity for businesses all over the world to employ this type of service,” ActionCOACH CEO Brad Sugars said. Business coaching was still in its infancy when Brad Sugars started ActionCOACH in 1993; today it is the second fastest growing industry next only to IT.
Given these current trends, the day is not far when every business in the world will recognize the importance of having the services of 3A’s – an attorney, accountant and an ActionCOACH Business Coaches.
ActionCOACH is the world’s number one business coaching firm, with more than 1,000 offices in 26 countries. To learn more, go to actioncoach.com.
Business Owners Look for Answers from Business Coaches as Economy Slows
More Owners than Ever Turn to Business Coaching to Survive Downturn
LAS VEGAS – As bad economic news continues, owners of small and medium-sized businesses are turning to an alternative source of business development strategies to help them through the downturn.
Conventional informational tools are still popular. New books and workshops continue to offer advice and strategies for anxious business owners, but more owners than ever are turning to business coaching as a way to help grow their companies.
“The U.S. and some major European economies have entered an economic ‘winter.’ However, just like the seasons, the economic cycle will soon be on the upswing, and the owners ActionCOACH is working with want to be prepared for the next economic ‘spring,’” ActionCOACH Marketing Director Jodie Shaw said.
Because of its comparable cost to more specialized business consulting services, as well as a positive track record of success for clients worldwide, ActionCOACH is leading a new and innovative trend toward high impact, low-risk business development services.
“Business owners are looking for answers that will immediately impact their companies,” Shaw said. “Business coaching is attractive to them because coaching is a generalized approach that looks at the company as a whole, and focuses on profit, which is the most important part of any business.”
For many businesses, the benefits can be exponential in nature.
“For a consultant, an incremental increase on a big company’s bottom-line can mean millions of dollars,” Shaw said. “For a Business Coach and that coach’s client, an exponential profit increase can mean tens or hundreds of thousands of dollars to that owner’s bottom-line – which can mean a huge difference in the life of the owner and the company.”
Shaw added that as new businesses start and as existing companies prepare for the next “economic spring,” there are literally millions of small and mid-sized businesses that need business coaching services.
“There is no better time for owners to get the business knowledge they need to succeed,” Shaw said. “And there is no better time to be an ActionCOACH.”