Benefits Of Coaching – Absolute Business Coaching

Benefits Of Coaching with Absolute Business Coaching. Many people have questioned the validity of cost around both business and personal coaching , below is an example of how savings can be accrued. We tailor every coaching package to both your business and the individual needs.

For a professional partner Benefits Of Coaching
or senior manager it is likely that an average hourly rate will be billable at approximately £250.
If we use this as a realistic example then the calculations will be as follows:

Business Coaching Invest £3000 over a 3 month period

By working through a 12 week program, changes will be made which will lead to greater efficiency and effectiveness right from the start. As an absolute minimum, it is very likely that the number of billable hours will increase by two per week (and probably by many more).

So, an increase of two hours @£250 = £500 for 12 weeks = £6000 extra income generated for the business. Hence your initial investment is doubled.
This isn’t where it ends though as the new way of working will continue thereafter and these extra hours will be generated for the whole year and beyond, with the likelihood of them increasing further. Thus an extra £500 for 48 weeks of the year = £24,000. This is equal to 8 times your investment.

Supposing the number of billable hours to achieve per week is usually 20 hours; a 2 hour increase is only 10%. It is very realistic therefore to believe that even higher effectiveness can be achieved.

Benefits Of Coaching – Absolute Business Coaching

Please Note:
• 3 extra hours @£250 are billed each week for a year the extra income generated is £36,000
• 4 extra hours @£250 are billed each week for a year the extra income generated is £48,000
• 5 extra hours @£250 are billed each week for a year the extra income generated is £60,000

Remember that your investment has been £3,000

Imagine the effect of rolling this whole process out further?

When this system is employed for several managers and partners the effects are obviously multiplied, to great positive effect for your business.

And that’s just in financial terms, there are many other business and personal gains to be had from coaching!

Benefits Of Coaching – Absolute Business Coaching

Please Note:
If your firm provides a lot of work on a Fixed Fee Basis, working together is even more necessary and important. The danger here is that too many hours may be spent working on a client file if productivity is not at an optimum level. Being able to produce the work in the number of hours estimated when first calculating the Fixed Fee, is vital to the success of your firm and to staff happiness and fulfillment.
“We recouped 5 times of our investment in just one month, as a result of working with Absolute Business Coaching”
We look forward to hearing from you if you would like to make these improvements in your business.

What are you waiting for? Contact Us for a discussion or via email to info@absolutebusinesscoaching.co.uk I look forward to working with you very soon.