Mentoring business plan template

One thing is certain, the trend in the business coaching industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients. The truth is that if your clients experienced huge difference in their life, career and business as a result of hiring your services, then they will be compelled to help promote your organization.

New enterprises and establishments are leading to higher employment and industry profit margins are expected to increase. External factors such as Corporate profit and Per capita disposable income in the Business Coaching industry will definitely impact the overall performance in this industry. Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by industry operators.

With technology, it is now easier for mentors to mentor clients that are thousands of kilometers away from them. The target market for a mentoring companies is all encompassing. Our target market as a mentoring program business cuts across people of different class and people from all walks of life. We are coming into the business coaching industry with a business concept and company profile that will enable us work with the clients at different learning stages.

Below is a list of the clients that we have specifically designed our mentoring services for;. Our competitive advantage. The business coaching industry is indeed a very prolific and highly competitive industry. Clients will only hire your services if they know that you can help them achieve their life, personal, career and business goals. It is the practice for operators of mentoring programs to partner with highly successfully and respected people in the society; it is part of what will make them stay competitive in the industry.

We are quite aware that to continue to scale up our incomes and to be highly competitive in the business means that you should be able to deliver consistent quality service, your clients should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times.

They are professionals that can successfully build mentees with zero proficiency to 8 or 10 on a scale of 10 within a short period of time. These are part of what will count as a competitive advantage for us. Aside from the robust experience of our mentors, we can boast of the ability to customized our mentoring program via different mentoring techniques as suitable for a mentee. So also, we have a very strong online presence that will enable us mentor clients in different parts of the world from our online portals.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our objectives. One thing is certain, there would always be individuals, corporate executives and entrepreneurs who would need the experience and push of a mentor in other for them to achieve their goals in their career and organization.

This is the major reason why the services of mentoring businesses will always be needed. We have been able to examine the mentoring program market, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Please note that the above projection might be lower and at the same time it might be higher. We are mindful of the fact that there are stiff competitions amongst mentoring program operators and similar companies in the United States of America, hence we have been able to hire some of the best marketing experts to handle our sales and marketing.

We will also ensure that our clients become highly mentored to achieve any of their goals; we want to build a standard and first — class mentoring business that will leverage on word of mouth advertisement from satisfied clients.

We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for both corporate clients and private clients in the whole of Duchess County — New York which is why we have made provisions for effective publicity and advertisement of our business.

Mentoring businesses bill both per hour and flat fees on a weekly or monthly basis. In addition, we will also offer special discounted rates to all our clients at regular intervals. In view of the above, we have chosen banking platforms that will enable our client make payment for enrolling in our mentoring program without any stress on their part.

Our bank account numbers will be made available on our website and promotional materials. A mentor is teaching and delivering basic to advance skills of something to the mentee.

You may also like an employee handbook template. So, a proper sequence of lectures needs to be defined. Otherwise, things will overlap and the mentee will unable to understand anything.

Therefore, a proper mentoring action plan is very helpful in achieving the course goals and objectives. The core concept of mentoring is included in the development of skills. So, the best example of mentoring for fresh graduates is their first boss. The line manager to whom the new graduates report.

The graduates in the field are sometimes pretty blank of the real-life experience. Thus, mentoring has to train new employees for the upcoming tasks. So, the objective of this mentoring action plan to make the newbie enable us to understand and handle the situation.

There are several purposes of mentoring a mentee. Did this summary help you? Yes No. Log in Social login does not work in incognito and private browsers. Please log in with your username or email to continue. No account yet? Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy.

Cookie Settings. Learn why people trust wikiHow. Download Article Explore this Article parts. Tips and Warnings. Related Articles. Article Summary. Part 1. All rights reserved. This image may not be used by other entities without the express written consent of wikiHow, Inc.

Take time to get to know each other before you begin working together. Choose to meet at a designated time and place. Then, spend about minutes in casual conversation. Ask getting-to-know you questions of each other to establish a rapport. Discuss desired outcomes for the relationship.

These can be broad goals that you narrow down later to pinpoint the mentee's more specific professional objectives. Specify how often you and your mentor or mentee will meet. Try to meet with your mentor or mentee times over the course of 6 months, or more often if desired. Meeting more often may help to promote good progress, especially in the first years of your relationship.

Part 2. These may include things that the mentee would like to accomplish within the next 1, 2, 3, 5, or even 10 years. List each short-term goal and the proposed timeline for achieving it.

Make a list of skills the mentee wants to work on. Then, make a list of these skills and identify ways that the mentee can work on them.