When you’re running a business, sometimes you need to look for outside help to improve your business. If you find yourself in a rut, don’t worry – there are several types of advisors you can hire to give your business a boost. Business coaches and business consultants are the two most popular types of advisors you can hire to get your company back on track.
While coaches and consultants both serve to grow your business, the way they go about achieving that growth is very different. You should consider these differences when you’re looking for a business coach or a business consultant.
Business Consulting is Done For You
Business consultants are experts you turn to for help improving your business’ processes to increase profits. Their goal is to improve the business’ efficiency and performance. They achieve this by improving systems and processes within your business practices.
Basically, a consultant will evaluate your business’ performance and make recommendations on how to improve based on the Scaling Up framework. We evaluate these key aspects of your business – people, strategy, execution, and cash – to address core issues before we narrow our focus. Our business consultants collaborate with you to address structural and procedural problems.
You should hire a business consultant when you need someone to tell you how to fix your business. If you’re trying to grow your employees, not just your business processes, you’re looking for a business coach.
Business Coaching is Done With You
Whereas business consulting is consultant-led, business coaching is client-led. Business coaches take personal relationships and office dynamics into account when evaluating your business. A business coach looks at all aspects of your business, including the human aspect, to discover anything that might be holding your business back, while consultants are only concerned with the bottom line.
Business coaches aren’t unlike athletic coaches. They evaluate the unique strengths of each team member, and they work with your company to hone and sharpen those strengths to increase team productivity and encourage personal growth.
A business coach will support your growth in a variety of areas, such as:
- Leadership development
- Time management
- Personal accountability
- Business planning
- And more
Business coaches work with their clients to expand their businesses from the inside out. They build personal strengths within your business and help strategize a plan to help you reach your business goals.
Know What to Expect When You Hire Business Advisors
Ultimately, the difference between business coaches and business consultants is that coaches are more adept at supporting, encouraging, and holding clients accountable for the changes suggested. Business consultants deliver reports that outline steps for a company to take, but they don’t hold the company accountable for implementing those steps. Hiring a business coach is a more personal and collaborative approach to growing your business.
If you’re looking for quick advice on how to improve your bottom line, hire a business consultant. If you are looking to grow your business, customers, employees, revenue, or profits, hire a business coach.
Business Coaching by Wolf Creek Business Growth Institute
Wolf Creek BGI is a business coaching firm that believes in developing people to their fullest ability to help them reach their business goals. Our expert advisors don’t just tell you the answers –we work together with you to find answers that uniquely work for your business. We focus on four main areas of your business based on the Scaling Up program: people, strategy, execution, and cash. Wolf Creek BGI’s customizable business coaching program can give you the boost your business needs. Give us a call today at (225)-219-8866 to schedule an appointment.