SOURCE: AdviCoach

AdviCoach

September 25, 2013 16:05 ET

Want to Take Your Business to the Next Level? Go Back to the Basics

AdviCoach Shares How Starting With 'Why' Sets the Foundation for Effectively Achieving the Desired Income, Lifestyle, Wealth, and Equity Expected From Business Ownership

SOUTHBURY, CT--(Marketwired - Sep 25, 2013) - The reason most people decide to start their own business is to be their own boss, set their own hours, and do something they love, according to AdviCoach, the premier source for business coaching and advisory services customized for small- to mid-size businesses (SMBs). Unfortunately, while this becomes a reality for some, most business owners find their hands tied up in too many different aspects of the company, consuming them in the business and interfering with their ability to attain the true benefits of business ownership.

Recognizing this scenario far too often, AdviCoach offers advice on how local business owners can regain their life and get their company on track to achieving the Income, Lifestyle, Wealth, and Equity they expected from the business.

"A baker chooses to start his own bakery, for instance, because he loves to be in the kitchen handcrafting desserts or out in the store interacting with customers. Sadly, if the baker is like many other small-business owners, he will find himself working seven days a week for ten plus hours a day without ever touching a baked good," said Brian Miller, COO of AdviCoach. "We have seen business owners worry about all sorts of day-to-day operations, ranging from keeping the books to counting the cash registers at night. When business owners become so ingrained in the daily functions of the business, the whole company starts to rely too heavily on them and it actually hinders the company's growth value."

It is important for business owners to remember why they decided to start their business in the first place. Miller suggests going back to the basics and considering the desired Income, Lifestyle, Wealth, and Equity that you expected your business would bring you. Focus on the end goal, not the obstacles in the way. Take a moment to ask yourself: What do you want from your business? Are you on track? Will the company's current path take you where you want to go? Put these questions into perspective by building a framework to define goals, needs and expectations. This will help you determine the appropriate vehicles to help you attain them.

Now that you have established your vision, as it relates to your short and long-term goals, it's time to think about the best way to achieve your dream. Miller added, "Owning a business should mean that you have flexibility and power, not that you are constantly overworked and exhausted. Giving up some of the responsibility, setting systems in place, and trusting your employees are the first steps to getting your business back on track."

To help business owners adopt this notion of stepping back and starting with 'why,' all company coaches are attending the 14th Annual AdviCoach and The Entrepreneur's Source® Expo September 29-October 3 in Fort Lauderdale, Fla. to meet with the nation's top business coaching professionals and franchise industry executives regarding business strategies that will help propel businesses forward.

For more information about AdviCoach services, please visit www.advicoach.com.

About AdviCoach®
With more than 25-years of experience in business coaching, AdviCoach® is the premier source for business coaching and advisory services customized for small to mid-size businesses (SMBs). The AdviCoach business model is designed to empower SMB owners to increase the productivity and value of their businesses through unique coaching methodologies and the deployment of "Rapid Impact Strategies," ultimately reaching long-term Income, Lifestyle, Wealth, and Equity goals. Part of Franchise Source Brands International™, AdviCoach and its sister company The Entrepreneur's Source dominate $1.5 billion industry with a commanding 33 percent of the business coaching and consulting franchise market in North America. For further information, visit http://www.advicoach.com/.

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