Growth Coach Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$39,900
Investment required
$54,000 - $76,000
Royalty fee
10.00%

Growth Coach: Mastering Success in Business Coaching

Growth Coach is a leading business coaching franchise that was founded in 2003 in Cincinnati, Ohio. It operates in over 100 markets across the United States and internationally. The franchise specializes in providing business and sales coaching services to small business owners, managers, sales professionals, and executives. 

Its primary offerings include group workshops and individual coaching sessions, which help clients improve their strategic thinking, work-life balance, and overall business performance.

What sets Growth Coach apart from other coaching franchises is its proprietary Strategic Mindset Process®, a unique two-year coaching and accountability program delivered quarterly. This approach allows business leaders to step back from daily operations and focus on long-term goals and strategies. 

Growth Coach's services are particularly valuable for small and medium-sized businesses that may not have the resources to hire high-cost consultants but still need expert guidance to thrive.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Description Amount
Initial Franchise Fee $39,900
Furniture and Equipment $500 to $1,000
Computer System $1,000 to $3,000
Travel & Living Expenses While Training $750 to $1,500
Initial Rent, Telephone, Bank and Other Deposits $350 to $2,000
Additional Funds – 6 months $5,000 to $18,000
Grand-Opening Promotion $3,000 to $4,500
Lead Generation Program $3,000
Monthly Office Rental Payment $0 to $1,000
Insurance $500 to $2,000
Total $54,000 to $75,900

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Number of units

2024
Franchised units

45

46

36

Company-owned units

0

0

0

Total units

45

46

36

Franchise Disclosure Document

Training 

The Growth Coach franchise offers a comprehensive training program designed to fully equip franchisees with the tools and knowledge they need to succeed in the business coaching industry. 

1.Jump Start Program (3-5 Weeks Pre-Opening):

  • Franchisees begin with the Jump Start program, which lasts between three to five weeks before the official launch.
  • This phase includes setting up the business, securing necessary certifications, and preparing for the opening day​.

2.Intensive In-Person Training (1 Week):

  • After the Jump Start phase, franchisees attend a week-long, intensive training session at the Growth Coach headquarters in Cincinnati, Ohio.
  • This training covers The Growth Coach’s proprietary coaching methodologies, including the Strategic Mindset Process®, and prepares franchisees to start coaching clients immediately​.

3.Ongoing Support and Continued Education:

  • Post-launch, franchisees benefit from ongoing support, including access to weekly webinars, calls, and refresher courses.
  • This continued education ensures franchisees stay up-to-date with the latest coaching strategies and industry trends, enabling them to provide top-quality services to their clients​.

Territory Protection

Growth Coach franchise offers territory protection to its franchisees. Each franchisee is granted an exclusive territory, ensuring that no other Growth Coach franchisee can operate within that defined area.

This territorial exclusivity allows franchisees to build their business without the concern of internal competition, giving them the opportunity to fully develop and serve their local market.

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