Management Coaching Business

Business Idea: Start A Management Coaching Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$84K
Avg Startup Costs
$11.7K
Score
74
Market Size
Avg Revenue
Min Revenue
$6K/month
Max Revenue
$150K/month
Avg Days To Build
135 days

Feeling stuck in your leadership roles or seeing your team struggle to meet its potential? Consider starting a management coaching business. This endeavor involves offering guidance to managers and leaders aimed at improving their performance, skills, and overall effectiveness in their roles.

As a management coach, you'll work closely with clients to identify challenges, set goals, and implement strategies that foster stronger leadership and team dynamics. This isn't just about giving advice; it’s about empowering others to succeed and sustain their growth.

The need for effective leadership is growing, and companies are increasingly looking for ways to develop their talent from within. If you have a knack for problem-solving and a passion for leadership, this business could be a rewarding way to make a lasting impact on organizations and individuals alike.

Revenue & Profitability

How much do management coaching businesses make?

Startup Costs

How much does it cost to start a management coaching business?

  • It can cost as low as $1,500 to start a management coaching business.
  • It can cost as high as $150,000 to start a management coaching business.

Learn more about the costs of a management coaching business.

Examples Of Successful Management Coaching Businesses

Successful management coaching business businesses and case studies

Product Focus has become the European leaders in product management training, running multiple courses every week and receiving over 20,000 subscribers for their resources in 2018, now providing both face-to-face and online training options after COVID forced them to pivot their business model.

$150K Monthly Revenue
$10K Startup Costs
Read by 4,114 founders

Jennifer Dawn, founder of Jennifer Dawn Coaching, grew her business from $50k to seven figures by expanding her offering to include a digital marketing agency, coaching academy and Best Planner Ever product, with a focus on customer retention through the use of digital marketing and a personalised service.

$100K Monthly Revenue
$10K Startup Costs
Read by 2,256 founders

See full list of successful management coaching businesses.