FAQs
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How do I know if coaching is right for me?
AOur process includes a designed diagnostic to help identify whether investing in a coaching program will benefit your business. We have developed hundreds of unique strategies and systems at your disposal to tackle any of your business needs.
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Can my business afford a coach?
AWe know that businesses come in all sizes, and we have programs designed for large and small companies, as well as everything in between. The question to ask yourself and your leadership should be: are you open-minded and willing to put in the work? This will define whether you find the investment a valuable one.
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How can you be of help to me if you’re not in my industry?
AWe’ve been in the business long enough to recognize that most businesses and leaders need the same if not a similar foundation. Of course, you’re the expert – we’re here to bring business acumen to the table. Our program has touched industries across many verticals, and we know that our extensive expertise and network can easily translate across industries.
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After starting my coaching program, what if I realize it’s not right for my business?
AAll ActionCoach programs are planned 30 days out. You’ll need to give us 30-day notice to plan your exit program to ensure you are prepared to move forward.
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How much does coaching with AMB Performance Group cost?
AYour investment will depend on the size of your business and the scope of your goals. It is part of our practice and process to clearly define your potential investment and what ROI you can expect to see before investing significant time with us.
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Who is a good candidate for coaching?
ALike many things, coaching is not for everyone. There’s no magic potion! Growing a business requires an open mind, stamina, and a willingness to learn and take some measured risks. Simply put: it’s hard work, and you have to be ready to leave ego at the door in order to have an open mind to learn.
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Is there a guarantee on my investment?
AAs a matter of fact, yes. If you put in the work with us, we guarantee a 3X return on your investment within the first year, or we will coach you for free until you achieve what we promise.
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How does the work get done?
AYour commitment is just as important as ours. It’s important that you are committed to dedicating time each week to work towards your business. Much like with sports, your coach can’t train for you and don’t play the field – but they’re by your side guiding and helping when you need, as well as celebrating by your side when you win.
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Who is the Profit Club for?
AThe Profit Club – a 13-week educational program is for businesses and leaders looking to build out their own 5-ways strategy for their business.
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How much time do I need to dedicate to this program?
AThe 13-week program will consist of 1-hour group calls with multiple sessions dedicated to each key category, resulting in you executing and completing your own plan by course completion.
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What happens if I can’t make a scheduled session time?
AAll sessions are recorded and will be made available to you afterward. Additionally, you will have access to all materials presented or utilized as a part of the curriculum.
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What do online business coaches do?
AFirst, we have a discovery call where we try to get a sense of the kind of help that you’re looking for, your pain points, and if we think our services are a good fit for your situation. Then, if we choose to proceed, then we’ll have a standing appointment with you—usually weekly—to create specific, measurable, achievable, relevant, and time-bound goals and check in on them. We believe coaching offers and helps you build a path to being a better leader, with concrete checkpoints along the way. At one point, you created a vision for your business. But with growth and time, that vision may have changed, or you may feel that it’s ready to change. We help you realize that vision or help mold the new one. One part support, one part teacher, one part motivator.
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How much do online business coaches charge?
AWe don’t believe in a price range and it’s not how we work. Our approach is focused on ROI and once we have a better understanding of your overall business, we can give you an understanding of what a coaching investment will look like.
We believe business coaching should be an investment that creates an identifiable return.
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As in many industries, there are (unfortunately) a lot of people out there who call themselves business coaches, build a website and attract clients, all without having gone through real training or ever building any kind of business themselves beforehand. So, what should you look for in a business coach? Well, you should look for proof of tangible results. Statistics from other businesses that the coach has worked with. In some cases, it may be worth looking into the industries that the coach’s past or current clients are in. Client testimonials are a good starting point when considering an online business coach. And ask around your network. Does anyone you know work with a business coach? What have they said about their experience? This could be telling one way or another. But the coach who is right or wrong for one person may be the inverse for you. So, to go further, you want to ask the right questions of a prospective business coach when having the initial phone call or meeting. Ask about results and methodology and past industry experience, but make sure they are asking the right questions of you as well. Then what it will come down to is personal fit. Is this someone you would be excited to partner with? If you’ve checked all of those boxes, then you’ll have your answer.
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Do you need a business coach?
AIn the end, only you can answer that, but here are some things to ask yourself when considering the decision. Are you feeling stuck, indecisive, or without good sources of advice? Are you nervous that you’ll take the wrong step when trying to bring your company to the next level? Would you value an outside unbiased point of view? Do you feel yourself getting sucked into an unchallenging routine of comfort? Are you seeking accountability? Would your business benefit from your expanded network? Do you know your weaknesses? If so, are you actively doing something to combat them? Are you looking for clarity? Are you a small business? Medium business? If any or all of those sound like you, then it’s worth looking into. Not saying you must need a business coach if you answered yes, but it’s worth having some initial conversations.
Ask yourself this question, why do the most elite athletes in the world have a coach? Because no matter where you are, having someone looking in can always make you better.
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Is it worth investing in a business coach?
AThe statistics seem to agree. The firm Korn Ferry International researched just that question and found that after introducing business coaching, 96% of organizations reported individual performance improvements, and 92% said they believed that their leadership effectiveness and management skills improved. Similarly, Merill C. Anderson, a Ph.D. at MerixGlobal performed a case study and found that executive coaching produced a 788% return on investment. Of course, some of the biggest returns can be on the intangibles – such as life and business balance. We guarantee to find our fee inside the first 17 weeks and will only work with you if we see a 3x return on your investment in the first year. That’s just the minimum though, we are confident that if we are a good fit for you and your business, then we can achieve much more than that. But again, the return is good, but the shift in how you feel about the status of you’re business—that’s unquantifiable.
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How long should you work with a business coach?
AThe rate of return most people see usually comes after 6 months or more. Business owners typically report that within the first 3 months, they are feeling better about their business, leadership, and management skills. But if you are looking for compounding results, then most successfully grown small to medium businesses have been working with their coach for more than 12 months. The important thing is: are you getting the results you were after. Creating Key Performance Indicators with your business coach is an important first step at the beginning of the process. Each client’s will vary, and it is important to be able to draw correlation to your KPI’s from the work you are doing with your business coach. A good business coach with years of experience will be able to give you an idea if what you think is realistic actually is.
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What questions should I ask a prospective business coach?
A- How much experience do you have?
- What is your vision of success for a client?
- What are your top three values?
- Do you have plans that will fit my needs?
- What timeline do you think I’m looking at in terms of what I want to achieve?
- What certifications do you have?
- Why are you a business coach?
- What separates you from other business coaches?
- What is your preferred method of communication?
- What are some of your previous results?
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How can I improve my cash flow management?
AImprove cash flow management by regularly monitoring cash flow, optimizing receivables and payables, maintaining an emergency fund, and reducing unnecessary expenses. Implementing cash flow forecasting tools can also help anticipate future cash needs and prevent liquidity issues.
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Why is budgeting and forecasting important for my business?
ABudgeting and forecasting are important because they help you plan for future financial needs, allocate resources effectively, and identify potential financial risks. This proactive approach supports better decision-making and financial stability.
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How can I improve employee retention in my business?
AImprove employee retention by offering competitive salaries and benefits, providing opportunities for career growth, recognizing achievements, and creating a positive and supportive work environment.
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What qualities make an effective leader?
AEffective leaders possess strong communication skills, the ability to inspire and motivate, decisiveness, empathy, and a commitment to supporting and developing their team members.
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What types of training and development programs should I offer my team?
AOffer a variety of training and development programs, including skills workshops, leadership seminars, mentoring, and ongoing education opportunities, tailored to meet the needs and goals of your team members.
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What are some effective time management techniques for business owners?
ATechniques such as the Pomodoro Technique, time blocking, and the Eisenhower Matrix are highly effective for business owners looking to manage their time better.
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What are some best practices for hiring new employees?
ABest practices for hiring include creating clear job descriptions, utilizing multiple recruitment channels, conducting structured interviews, and assessing both technical skills and cultural fit.
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How should I structure my team for optimal performance?
AStructure your team based on the specific needs of your business, whether through functional, project-based, or hybrid models. Ensure clear roles and responsibilities, effective communication channels, and efficient workflows to optimize performance.
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How can I improve my prioritization skills?
AImproving prioritization skills involves identifying tasks that are both important and urgent. Tools like the Eisenhower Matrix can help you categorize tasks effectively.
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What tasks should I consider delegating?
AConsider delegating routine, time-consuming tasks or those outside your core expertise. This allows you to focus on strategic activities.
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How can automation benefit my business?
AAutomation can improve profitability, save time, reduce errors, and increase efficiency by handling repetitive tasks.
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What strategies can help me achieve a better work-life balance?
AEffective strategies include setting clear boundaries, prioritizing self-care, managing your time effectively, and learning to say no to non-essential tasks.
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What is business automation and how can it benefit my company?
ABusiness automation uses technology to perform repetitive tasks without human intervention, saving time, reducing errors, and increasing efficiency. Implementing automation can streamline your business functions and improve overall productivity.
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How do I create effective Standard Operating Procedures (SOPs)?
AEffective SOPs are detailed, written instructions designed to achieve uniformity in the performance of specific functions. They provide consistency and quality in operations. Regularly review and update SOPs to keep them relevant.
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What are the best practices for workflow management?
ABest practices for workflow management include mapping out workflows, identifying bottlenecks, and implementing workflow automation to streamline tasks and improve productivity.
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What methods can I use to monitor and improve system performance?
AMonitoring system performance involves tracking key performance indicators (KPIs), conducting regular audits, and using analytics tools to ensure your systems function optimally.
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How can I integrate various business systems effectively?
AIntegrating business systems involves using integration platforms, standardizing data formats, and centralizing data storage to ensure seamless operation and enhanced decision-making.
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What are the key financial statements every business should prepare?
AThe key financial statements include the balance sheet, income statement, and cash flow statement. These provide a comprehensive view of your business’s financial health and performance.
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How can I develop an effective growth strategy for my business?
ADevelop an effective growth strategy by conducting market research, identifying growth opportunities, setting clear goals, and implementing targeted marketing and sales initiatives. Regularly review and adjust your strategy based on performance and market changes.
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What are some effective lead generation techniques?
AEffective lead generation techniques include content marketing, social media advertising, email marketing campaigns, SEO optimization, and hosting webinars or events. These methods help attract and convert potential customers.
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What is group business coaching?
AGroup business coaching is a collaborative coaching program where business owners and leaders work together under the guidance of a professional coach to achieve their goals.
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How does group coaching differ from individual coaching?
AWhile individual coaching focuses on one-on-one interaction, business group coaching leverages the collective wisdom of a group, offering diverse perspectives and shared experiences.
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What are the benefits of group coaching?
AGroup business coaching provides networking opportunities, diverse perspectives, cost-effective coaching, accountability, and shared resources.
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Who should join group coaching?
ABusiness group coaching is ideal for business owners, entrepreneurs, and executives who want to improve their business strategies, leadership skills, and overall performance.
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How can I join a group coaching program?
AContact us today to learn more about our group business coaching programs and find the right fit for your needs.
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How long does the restaurant business coaching program last?
AThe duration of our restaurant business coaching program varies depending on your specific needs and goals. Typically, our coaching programs last between six months to a year, with the option for ongoing support.
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What is the cost of the restaurant coaching services?
AThe cost of our restaurant coaching services is tailored to your needs and the scope of the coaching program. Contact us for a personalized quote.
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What results can I expect from restaurant business coaching?
AResults vary, but clients often see increased revenue, improved customer satisfaction, and more efficient operations within a few months of starting the program.
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How does restaurant management coaching improve operations?
AOur restaurant management coaching focuses on streamlining processes, enhancing leadership skills, and improving staff efficiency, all of which contribute to better overall operations.
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What are the benefits of coaching for restaurant owners?
ACoaching for restaurant owners provides ongoing support, expert advice, and actionable strategies that help you overcome challenges and achieve your business goals.
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What can I expect from 1 on 1 business coaching?
AExpect a personalized experience focused on achieving your business goals through tailored strategies and ongoing support.
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What is the cost of 1 on 1 business coaching?
AOur pricing is competitive and varies depending on the scope of the coaching required. Contact us for detailed information.