SOUTHBURY, CT--(Marketwire - January 26, 2011) - While U.S. entrepreneurs continue to shoulder the slow rise of a struggling economy, there are opportunities for growth in three areas that AdviCoach (www.advicoach.com) believes will continue to strengthen the bottom line for owners. While some companies choose to cut budgets, AdviCoaches are steering small to mid-size businesses to recruit top talent, increase cash flow and invest in long-term expansion as the best way to survive and prosper.
"AdviCoaches are uniquely trained and equipped to provide the knowledge, support and the mentoring a business owner needs to stay focused in the present and not miss the opportunities that can lead to a sustainable competitive advantage for the long-run," said Brian Miller, COO and president of AdviCoach.
1. Team. Today, the unemployed come from all industries and bring to the table an unprecedented depth and breadth of skills and experience. It's a great time for a business to recruit top talent that can be developed into a high performance sales force that can increase leads. As the economy slowly recovers, increased leads can drive increased sales.
2. Cash-flow. AdviCoaches partner with a business to objectively review its business plan and determine what's generating cash flow and what isn't. They then develop a cash flow forecast based on this baseline to ensure efficiency and growth. When competitors are dropping out of the market, and new markets are emerging, the cash flow forecast can include opportunities to capture new sales.
3. Expansion. For businesses with access to capital, it's an unprecedented time to expand by either increasing the number of products and services sold to existing customers or by growing the customer base to increase market share. It may also be a good time to acquire physical capital for asset growth or long-term business expansion because prices are at an all-time-low.
Business owners derive great benefits from a trustworthy relationship with an AdviCoach trained to assess business performance in 21 critical best practice areas. Armed with this knowledge, AdviCoaches then coach their clients through the implementation of the appropriate Rapid Impact Strategies to address gaps and drive immediate results.
As the country continues to slowly recover from the economic downturn and unemployment remains high, many skilled and talented business people are choosing entrepreneurship as a career alternative in today's New Career Economy®. AdviCoaches work collaboratively with clients to provide customized education and strategic business solutions applicable under any set of economic circumstances. Unlike traditional consultants that specialize in a particular business discipline or industry, AdviCoaches deliver a variety of services to enhance the performance of small to mid-size businesses in any industry.
To learn more about AdviCoach services in your area, please visit www.advicoach.com.
AdviCoach is the premier source for business coaching and advisory services customized for small to mid-size businesses. With its unique "AdviCoach Advantage," AdviCoaches help businesses increase their ROI and deploy a multitude of Rapid Impact Strategies to impact the bottom line of their business. Today, AdviCoach, along with sister company The Entrepreneur's Source, dominates the $1.5 billion dollar Business Coaching/Consulting franchise market with 33 percent market share in North America. AdviCoach was recently ranked in the Top 100 new franchises by Franchise Market Magazine and listed in the Franchise 500 by Entrepreneur Magazine for 2 consecutive years. Other news on FSBI international brands can be found on www.FranchiseNewsRoom.com.