How to Cost Your Coaching Services: The Full Guide (and Calculator)
You just started to build your coaching business and it's been smooth sailing... up until the point that you were faced with pricing your services. Alternatively, maybe you've been playing the business of coaching for a while , and your offerings are of the highest quality, however your bottom line has a different tale.
Regardless of where you are in your entrepreneurial journey, how to price the coaching you provide is an important question that should be asked and revisited often. How much you should charge will, of course differ based the service you provide whether it's 1-on-1 business coaching, to an hourly lifestyle coaching.
And we've created just the guide for you. Introducing... What to Price Your coaching services: A Complete Handbook.
This guide covers all the things you must take into consideration when pricing your coaching services along with the most up-to-date information that you can start implementing into your coaching business right away from successful coaches like Marc Mawhinny, Founder of Natural Born Coaches and Allison Walsh who is the founder Allison Walsh Consulting. Allison Walsh Consulting.
Insights covered include how to:
- Assess what you contribute on the table
- Analyze your target audience
- Find out about your competitors
- Consider your costs
- Check out various pricing models
- Test different price points
- Increase the value of your services
According to Marc his self "don't think too much about your price... It's possible to play around with various amounts and adjust if needed." For you to get there We've provided an extensive calculator that can be used to learn how to keep track of your coaching expenses, pricing your coaching services as well as membership levels as well as five different ways you can earn the first $50,000 of sales for coaching.
A sneak peak at the spreadsheets and templates you'll get:
- Coach Cost Tracker Track each feasible expense from every categories to see what the annual total cost adds up in order to ensure that your pricing plan sets you on the path to success.
- coaching Program Calculator Make your packages and play around on the price and number of clients . This will help you determine how much revenue you can anticipate from each.
- Membership Tier Pricing Calculator You are thinking about adding a membership component to your coaching offering to increase value? Play around with how many clients you're expecting to join as well as your preferred price to charge as well as the discount model.
- Five Ways to Make $50,000 in Sales an ideal revenue target you're thinking about, but aren't exactly what to sell or how many people you'll require to bring there? Try the myriad of options with our created sheet that will help you make a decision.
Are you ready to finally understand what you need to charge for your coaching services? Get the guide for free to begin the process of paving your way to profitability: