Franchise 500 Rank
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Initial investment
$54K - $76K
Units as of 2022
53 Decrease 36% over 3 years

Starting a business doesn’t come naturally to everyone. From time to time, expert and business specialists' knowledge is welcome. 

That’s the target market that The Growth Coach provides services to, and it’s the same target market you could operate within as a The Growth Coach franchisee.

When you start a The Growth Coach franchise, you’ll join one of the leading business coach franchise brands in the U.S. and worldwide. Indeed, The Growth Coach is one of the top-ranked business coaching franchises by Entrepreneur Magazine.

As a unique coaching business, it provides affordable group coaching and coach accountability to help companies that want to grow quickly no matter what. Read on to see what it takes to start a The Growth Coach franchise.

Why should you start a The Growth Coach franchise?

If you’re considering becoming a part of The Growth Coach franchise, you’ll immediately benefit from several significant business advantages. 

This business opportunity has an affordable total investment, offers training in Cincinnati, Ohio and gives you the tools to provide sales coaching to many business leaders.

First and foremost, business coaching is a massive industry, clocking in at about $11 billion. Therefore, this could be a prime business to get in on, especially if you have some business experience to offer as advice to new enterprises.

Furthermore, starting a The Growth Coach franchise could be a relatively low-cost investment. Initial investment costs are just $57,000 (with at least $45,000 in liquid capital), which is relatively affordable compared to many other franchise business models. 

Combined with the market demand and working as a The Growth Coach franchise owner could be a wise idea, especially if you rely on its proven systems of coaching.

On top of that, you don’t have to worry about employees or an office. This self-owned, from-home franchise opportunity enables you to operate your brand out of your house and save all the expenses associated with office space. The same goes for payroll expenses, recruiting, hiring and training.

In the long term, you'll find that The Growth Coach brand offers a consistent, valuable product. Indeed, the coaching programs you’ll learn to provide to your clients and customers are about more than just plain tips. 

They’re about changing lives and mindsets to create the next generation of successful American salespeople and corporations. You’ll be empowering sales teams with the strategic mindset process and helping businesses thrive – all while developing a thriving, strategic franchising business.

Bottom line: if you’ve already considered getting into business coaching, you might consider joining The Growth Coach as a franchisee to take advantage of a built-in audience, branding materials and extensive support.

Does The Growth Coach offer exclusive territory?

The Growth Coach does provide new franchisees with exclusive territories. More specifically, you'll get access to exclusive, protected territories of one or more contiguous postal code areas. In those areas, you can contact between 12,500 and 15,000 businesses as determined by the franchisor's mapping system.

This means you’ll have a core group of businesses to contact for your business coaching services. If you find this isn’t enough territory, you can pay another $5000 for all or part of another 1000 businesses above 15,000.

As you build up your client base, you can become well-known as one of the best Growth Coaches in your niche. The Growth Coach’s staff will help you identify and double down on your niche so you offer a distinct, recognizable product or advice for specific businesses, new business owners or upcoming enterprises.

In the coaching industry, the coaching process is fundamental. The only employee performance to worry about is your own. Build up your growth coach business and get all the individual coaching clients you need to succeed as a self-employed professional and small business owner.

What are current franchisees saying about The Growth Coach?

Currently, The Growth Coach franchisees have a lot of glowing things to say. Reviews are almost universally positive regarding the support and training The Growth Coach provides new business coaches under its brand umbrella.

Of particular note are the relatively low upfront costs and the outside financing assistance that The Growth Coach offers. 

In other words, many reviews note how The Growth Coach makes it easy for you to start your new franchise, even if you don’t have an astronomical amount of cash saved up beforehand.

Many reviews also positively note that The Growth Coach doesn’t require franchisees to supervise their businesses personally. If you like, you can hire employees to run the business on your behalf. This flexibility makes it an excellent choice for entrepreneurs who enjoy freedom in their day-to-day business operations.

Related: 20 Signs You Might Need a New Franchise Coach

What support resources does The Growth Coach offer franchisees?

Once you sign the dotted line, The Growth Coach doesn’t leave you to run things without further guidance. Instead, this franchisor provides various support resources, starting with access to a franchisee intranet platform. 

From this platform, you can access additional support and guidance resources, plus contact corporate for further assistance if needed.

The Growth Coach also provides all franchisees access to the internal corporate newsletter, proprietary software and designated meetings and conventions. Marketing will take up much of your time, particularly in the earliest days of your franchise business.

That’s why The Growth Coach offers various marketing support resources. For example, The Growth Coach will provide you with ad templates to quickly advertise your services to businesses and entrepreneurs in your local area. 

These ad templates will be tweaked for regional preferences and must ensure emotional resonance. You can also have some input in the ad templates if you understand your local market well. 

Marketing assistance for email marketing, social media marketing and SEO or search engine optimization is also included. The Growth Coach will recommend you build a website and help you develop it so it’s fun and easy to navigate.

Related: 6 Franchise Coach Myths, Debunked

How much does starting a The Growth Coach franchise cost?

Even if you’re eager to start a The Growth Coach franchise, you should consider costs before signing any contracts.

For starters, you’ll need to pay an initial franchise fee of $27,900 plus $50,000 in cash. These fees are remarkably affordable, especially for businesses with massive potential to thrive. Expect to make an initial investment of up to $64,000 or so.

Once your business is up and running, royalty fees are a bit high at 15%. This somewhat offsets the low starting costs. 

Ad royalty fees are also 3%. That all said, The Growth Coach’s franchise opportunity is very accessible for new business owners or those pivoting to the private sector after a career working for other companies.

Does The Growth Coach offer financial aid?

Absolutely. The Growth Coach provides an excellent $2,000 discount off the franchise fee for all veterans who become business coaches. So if you are a veteran and want to jump on this franchise opportunity, you’ll have an easier time doing so.

The Growth Coach further provides various relationships with third-party lenders to cover your franchise fee, startup costs and other associated expenses. You won’t have to hunt for lenders or business loans to get your enterprise off the ground with The Growth Coach.

Related: 5 Tips for Hiring a Franchise Business Coach

How much training is required to start a The Growth Coach franchise?

The Growth Coach has a vested interest in ensuring that all new business coaches know what to do and how to provide real value to their clients. 

To that end, you'll first have to complete 40 hours of classroom training before receiving your official license as a franchisee. The classroom training will cover things like how to acquire leads and how to use the proprietary software of this brand.

Then you'll need to complete 24 hours of on-the-job training. This can be done at home so you don't have to travel further to complete the training program. 

At this stage in training, you'll learn how to use The Growth Coach coaching model to provide advice and actionable steps to your future business clients.

Related: Secure a B2B Company of Your Own with a Business Services Franchise

Start a The Growth Coach franchise today

Now you know exactly what you need to succeed as a The Growth Coach franchisee. Consider contacting The Growth Coach for franchise opportunities today.

Check out Entrepreneur’s other articles for more information about The Growth Coach and other franchise opportunities. 

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Company Overview

About The Growth Coach

Industry Business Services
Related Categories Business Coaching & Consulting, Miscellaneous Business Services
Founded 2002
Parent Company Strategic Franchising
Leadership Chris Seman, President
Corporate Address 4755 Lake Forest Dr.
Cincinnati, OH 45242
Social Facebook, LinkedIn, YouTube
Sponsored Content

More from The Growth Coach

Our business coaching franchises taps into the growing demand for leadership and sales training services

Business man speaking at a lecture.

The Growth Coach has been ranked as one of the top business coaching franchises and has recently been named one of the Eight Best Franchises to Open that Support Businesses During an Economic Recovery by the IFA.The Growth Coach is a unique coaching business that leverages the power of affordable group coaching and accountability to help businesses succeed through the use of proven systems and winning strategies to maximize their employee performance.

With over 28 million small businesses in the U.S. alone, business coaching is a booming $11 billion industry. The Growth Coach is an attractive career for experienced executives, prior business owners and individuals from a variety of backgrounds who have proven leadership skills. Business leaders can benefit greatly from hiring a Growth Coach to develop teams, enhance processes, improve sales strategies and set goals.

"The opportunity to take my years of personal experience in insurance consulting, business ownership, management and mergers and acquisitions to help others is very fulfilling. There is nothing more powerful than to help others grow and develop into everything they can and want to be. As a Growth Coach, I get to come alongside business owners and leaders to help them realize their dreams and desires. What can be better than that?" Jeff Roberts, The Growth Coach of SW Kansas City

>

A business coaching franchise is vital in all economies – good or bad

In 2020, the global economy was significantly impacted by the Covid-19 pandemic and continues to affect businesses into 2021. The global pandemic has forced many businesses to evaluate their strengths and weaknesses and make adjustments as needed. Many businesses have been forced to shift to remote work and adjust their operations to adapt to consumer demands. Navigating these uncertain economic times puts a lot of pressure on senior leadership to find solutions and efficiencies. The Growth Coach business coaching franchise provides stakeholders with the tools and skills to manage through any economic conditions. In 2020, The Growth Coach was named one of the Eight Best Franchises to Open that Support Businesses During an Economic Recovery.

Becoming a Growth Coach franchise owner is an affordable and attainable way to provide other business professionals the tools and strategies for reaching their goals and developing successful employees. Unlike most business coaching franchises that focus on projects and individual coaching, we’ve built a proven model of group coaching that allows you to build a more efficient business model and leverage your time so you can reach more clients. 

If you’ve had a successful career and are ready to share your experience with others, owning a Growth Coach franchise could be a rewarding way to influence others and build a successful business of your own.

Table of books for training

Our management team positions Growth Coach franchise owners for long-term success

When you make the decision to become part of The Growth Coach, you are making a commitment to yourself and your community to help business owners, managers, and sales teams grow — both personally and professionally. We are there with you at each step of the process, to provide training, develop new materials to respond to market demands, and help you grow your coaching franchise through professional marketing and promotional materials.

We have spent over 15 years perfecting The Growth Coach franchise model in communities across the country, working with coaches from various backgrounds and careers. All that work shows in our comprehensive training programs, simplified business operations, referral-based marketing systems, and high-visibility branding. 

Ideal Candidate

Ideal franchise owners are business-minded and entrepreneurial individuals who have a passion for helping others succeed and who value relationship building. They also have significant business experience and have a proven track record in leadership. The Growth Coach model provides flexibility in services and systems offered so that each coach can focus on the unique needs of the businesses in their communities.

Employess in a meeting

More Reasons To Join The Growth Coach

  1. Low-Cost Investment - An affordable business to own and launch, with initial investment starting at just $57,000
  2. Huge Market Demand - 28 million businesses need your help to thrive in a competitive world
  3. Unique Coaching Approach - Group coaching is an effective way to deliver the power of coaching to more businesses
  4. No Office Needed - Own and operate a business out of your house and save all the expenses of an office
  5. No Employees – No payroll expense and no time spent recruiting, hiring, training, and managing a team.  Work FOR Corporate America but not IN Corporate America
  6. More than Business Coaching - Our coaching programs are about more than work — our Growth Coaches change lives

Business Overview

Franchising Since 2003 (21 years)
# of employees at HQ 12
Where seeking

This company is offering new franchises worldwide.

This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

# of Units 53 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a The Growth Coach franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$39,900
Initial Investment Information Circle
$54,000 - $75,900
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
$2,000 off franchise fee
Royalty Fee Information Circle
15%
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing The Growth Coach has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 24 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
Yes

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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022