Benefits of a Home-Based Coaching Business
You can customize your coaching career by moving it online and into your home. Yes, of course, you can still work with clients in-person if you like. You can do both. It’s up to you. The benefits of offering online coaching and training via a home-based coaching business are extensive.
If you’re used to spending hours in traffic to and from work every day, some of the most exciting advantages of starting a home-based coaching business are your newfound freedom and the retrieval of lost time. The average American spends 348 hours each year commuting. With a home-based coaching business, you have those extra hours to regain control of your personal life.
Keep the Money You Make
Your earning potential is directly proportional to your performance, so you don’t have to wait for a raise or a promotion. You work harder, and you produce more. You’ll also save money on gas and food. Preparing lunch at home is more cost-efficient and offers a nice break in your workday.
With so many corporations and industries in a slump, starting your own home-based enterprise means you can create your own income-producing opportunities. Good job prospects can be scarce in some industries, and promotional opportunities within major companies are also shrinking.
Running a coaching business from home takes much less startup cash than a freestanding business or even a franchise location. And once your coaching business is up and running, it’s cheaper and easier to maintain than a separate business location.
There are a number of tax advantages to having your home and office under one roof. You can deduct a part of your home’s operating and depreciation expenses on your home as business expenses. This can be a percentage of your mortgage, property taxes, insurance, utilities, or the expenses of household maintenance.
More Time for Friends and Family
This is especially important for parents of school-age children: you can see the kids off to school and on most days be home when they return. Also, if someone is sick, it’s easier to leave your home’s desk than one in someone else’s office.
It’s a little less stressful to juggle the demands of work and family when you know you can stay home to care for a sick child and generally set your own schedule.
Opportunities for Professional Growth
Being your own boss gives you the chance to wear a lot of hats: sales director, marketing professional, strategist, business development manager, and more. This gives you insight into and experience with all the aspects of running a coaching business, which, in turn, makes you even more marketable.
Now that you no longer have to budget time and energy for commuting or a succession of useless meetings, you should have a lot more time and energy to make your coaching business a success.
A Creative Outlet
Launching your home-based coaching business can be an opportunity for you to give birth to your passions and hobbies and create a money-generating outlet for your unique and creative talents.
The Online Coaching Certification is your step-by-step blueprint to build a highly profitable online coaching business.
If you are passionate about helping people and living a fulfilling life, we can help you achieve your dreams right now. The Life Strategies Coaching Certification Course combines the latest advancements in human potential and neuroscience with proven methods of success used by the world’s most productive people.
Our programs are open to anyone with a desire to learn and help others. There are no prerequisites.
That’s it for now.