Business coaching is not solely about fixing broken businesses. Business coaches also work with business owners who are already successful. These business owners sign up for business coaching to help them achieve even greater successes.

Business coaching should not be considered as some kind of therapy. It can only help develop plans to achieve goals and targets. It helps business owners communicate in a better way with their employees and customers and it teaches them to work smarter. The biggest misconception about business coaching is that just anyone would make a good coach.

Anyone aspiring to become a Small Business Coach requires solid experience, a mastery of communication and people skills, critical thinking, and a commitment to the business.

When starting a business, the need to deal with everything can leave the new business owner bewildered. There are many pitfalls and problems to overcome. Trying to set up a business without any help can only lead to disaster. Very few people can succeed in business without any outside help.

Never start a business without knowing how to target your market, as it would only be a waste of time, effort, and money. Getting into the wrong business with too much competition and not enough demand is another common mistake made by most amateur business people. The fastest way to lose money and valuable time are by jumping from one business opportunity after another, month after month. Money cannot be made in a short time if there is no hard work involved.