A Guide to Starting an Executive Coaching Business

Executive coaches are typically engaged by large corporate businesses, public sector organisations, third sector voluntary organisations and government departments to work with their chief executives, board-level directors and senior managers, usually on an individual basis, to help them improve performance and measurable personal and organisational outcomes.

Executive coaching involves the development of the individual within an organisational context and assists in building strong leadership styles, skills, focus, confidence and management capability. It is also helpful in managing conflict, crisis or stress, preparing for role changes and supporting individuals to achieve their full potential.

As well as providing services to board-level executives and directors, executive coaches also work with newly appointed senior managers, executives being groomed for future high-level roles, and those who are leading organisations through times of change and transition. Some executive coaches specialise in coaching women executives and others also provide executive team coaching to build relationships and enhance performance throughout the wider organisation.

This profile provides information about starting up and trading as an executive coach. It describes the skills required, the training available, the current market trends and the key trading issues. It also explains the legislation that must be complied with and provides sources of further information and support.

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