Life Coach Business Plan Template
Ready-made Life Coach business plan with pre-written text in WORD and customizable pro-forma financial plan in EXCEL. You can easily adapt this Life Coach business plan template to your own project, no financial expertise required.
Trusted by 1,400+ Downloaders
What You Get
- A compelling & detailed pre-written Life Coach business plan template in WORD
- A full & automatic Life Coach financial plan model in EXCEL you can easily customize
- Customized text tailored to the Life Coaching business
- The ability to paste advanced charts and tables within a click
- No accounting or specialized financial knowledge needed
- A truly cost-effective solution saving you time and money
Life Coaching Business Plan Template Description
If you wish to launch a life coaching business then a detailed business plan with financial forecasts is a must to be able to understand the opportunity and potentially persuade investors to join your project. Our ready-made business plan package tailored to the life coaching business is the most cost-effective solution for this purpose. It includes a pre-written business plan in Word and an automatic financial plan in Excel tailored to the life coaching sector. For more detailed information on the content, check below.
Life Coach Business Plan Document in Word:
Our ready-made Life Coach business plan template is in Word format and includes 23 pages. The document is divided into multiple sections. Each section contains the essential points that are necessary to effectively present your Life Coaching project. Each section and sub-section offers you a sample text that you can easily customize to make your business plan unique. Below is a small extract of our Life Coaching business plan template in Word.
Automatic Life Coach Financial Plan in Excel
Our pre-populated financial model is in Excel format and includes multiples worksheets. You can easily edit the model’s inputs including changing costs and revenue assumptions to generate pro-forma financial forecasts including P&L, Cash flows and Balance Sheets. Below is a small excerpt of your Life Coach financial plan in Excel.
This Ready-Made Life Coach Business Plan is For
- Life Coaches wishing to start their own business
- Life Coaches who want to create a business plan fast and easy
- Entrepreneurs who wish to pitch their project to investors
- Professionals who wish to better understand the potential of the opportunity
Immediate Delivery by Email
- Once you complete the order, you will receive an email with links to download your documents
- Your order will contain the full pre-written business plan in Word
- Your order will contain the full customizable financial model in Excel
Your Life Coach Business Plan Content
Executive Summary: Our Life Coach business plan template starts with a compelling Executive Summary. This key section is very important as it summarizes in 1 page your Life Coaching project. It will introduce your business model, the key people behind the project as well as the unique selling proposition offered by your Life Coaching practice. This section will also mention how market conditions and consumer trends are favorable for launching your project.
The Problem Opportunity: Next, your ready-made Life Coach business plan will list a number of problems experienced by your prospects in your target market and will show how this presents a unique opportunity for your Life Coaching business. These can include issues such as lack of a particular type of Life Coaching services in a certain location, low or average quality of service offered by existing players, undifferentiated offering by current actors in the market…etc.
The Solution: This section explains how your Life Coaching business will take advantage of the current problems in the market and will detail your innovative solutions.
Mission & Vision: Your mission will explain in a couple of sentences your Life Coaching firm’s business ethos. In other words, it will summarize your unique value proposition and will explain how you are different than the competition. Your vision will explain the long-term plans for your Life Coaching company. Are you planning to start with one branch today and expand to a multi-branch business model? Are you looking to penetrate new geographies in the future?…etc.
Business Model: This section details your Life Coaching business concept using the business model canvas method. In a visually appealing table, we will detail your Life Coaching company’s key partners, activities, resources, value proposition, customer segments, customer relationship plan, marketing channels, cost structure and revenue streams.
Products & Services: Next, we will talk in detail about your various Life Coaching services. We will describe your business coaching services, career advice service, relationship advice service…etc. We will also provide information about your session pricing and packages.
Market Analysis: This important section describes the various market statistics and consumer trends in the Life Coaching industry and explains how they support your own project. The purpose of this section is to show that the market conditions are favorable for launching your new Life Coaching firm.
Global Market Trends: In this sub-section of the market analysis, we will discuss the latest global market trends in the Life Coaching industry. We will look at the global industry size, growth rate, growth diving factors and customer trends.
Local Market Trends: This sub-section explains the local market trends that are relevant to your specific Life Coaching business.
Target Clients: In this section, we will describe your various customer profiles by providing information about their demographics, behavior and purchasing habits.
Competitive Analysis: We will analyze key competitors active in your target market and provide insights about their strengths and weaknesses.
Competitive Advantages: After looking at the competitive landscape, we will then show how your Life Coaching business is differentiating itself from the competition through a number of key advantages.
SWOT Analysis: This section features a 4-quadrant table with explanations about how your Life Coaching firm intends to leverage its key strengths, mitigate weaknesses, capture opportunities and thwart any future threats.
Marketing Plan: This chapter provides detailed information about your go-to-market strategy.
Branding & Awareness: We will describe in this sub-section your choice of key marketing channels to build branding and awareness.
Customer Acquisition: We will describe in this sub-section your choice of key marketing channels to acquire customers and increase sales.
Operating Plan: This chapter provides information about your Life Coaching business’ opening hours, internal processes and describes the interactions between various key departments and teams.
Management Team: It is very important to present the key people behind your Life Coaching company and thus we have dedicated a section for this very purpose. It is also important to talk here about the founder’s vision, his past education and professional experience.
Hiring Plan: No business can succeed without having on board the right team. This section lists all the key positions you plan to hire with information about their salaries and expected start dates.
Key Milestones: To be able to launch and execute your Life Coaching company, you need to follow a set of actionable tasks with target deadlines. This section serves this purpose.
Financial Plan: Without a robust financial plan, your Life Coaching business plan would be an incomplete document. This important section provides crucial information about your pro-forma financial projections and shows that you have really done your homework. The data mentioned in this and the following sections will be provided by the dynamic Excel financial model accompanying your Life Coach business plan.
Projected Revenue: This module shows your Life Coaching firm’s revenue projections over the next three years.
Projected Profit and Loss: This module shows your Life Coaching firm’s income statement (also called profit and loss statement) over the next three years. Your income statement includes detailed projections about your sales and expenses and shows how your Life Coaching company’s revenue is converted into a net profit.
Projected Cash Flows: This module shows your Life Coaching firm’s cash flow projections over the next three years. The first year of operation is even detailed on a monthly basis. Your cash flow statement will detail the various cash inflows your Life Coaching company will generate from its day to day operations and from funding sources, as well as the various cash outflows required to pay for operating expenses and business investments.
Projected Balance Sheet: This module shows your Life Coaching company’s balance sheet projections over the next three years. The balance sheet will provide a summary of your Life Coaching company’s short term and long term assets in addition to your short term and long term liabilities and capital.
Profitability Analysis: In this section, we will provide information about your gross margin, net margin and discuss the profitability of your Life Coaching business.
Funding Requirement: This module states the amount of funding your need to be able to comfortably launch your Life Coaching business. It also describes the planned allocation of the funds between Opex and Capex.
Conclusion: Finally, we will conclude your business plan by recapitulating the key points that make your Life Coaching project compelling and reiterate the rationale behind your business opportunity.
Why Use our Ready-Made Life Coach Business Plan?
- Speed & Convenience: Once you complete your order, you will receive the Life Coaching business plan directly in your mailbox. Since it is already pre-written with fully customizable financials, you will only need to spend a couple of hours to edit it and adapt it to your own Life Coaching project.
- High Quality: Your Life Coach business plan has been written by our professional team of business plan writers and experts from the Life Coaching industry. You will receive a professional Life Coach business plan template ideal for presenting to potential investors or banks.
- Low-Cost: Our pre-written business plan template is the most cost-effective solution in case you need to build a solid and professional Life Coach business plan. We are confident you will save hundreds if not thousands of dollars by ordering our premium business plan compared to hiring a consultant or subscribing to complicated and expensive software.
If you have any questions regarding our ready-made Life Coach business plan package, do not hesitate to contact us, we are here to help.