Facilitative coaching plans and fees
THE BUSINESS SOUNDING BOARD operates with an understanding that the smallest businesses cannot afford expensive and open-ended consulting agreements that may cost $10,000-$35,000 per month. Facilitative coaching programs provide for a structured, self-help, process-based approach at a flat rates or on a project fee basis.
The individual coaching session program has a discounted rate for prepaying multiple single coaching sessions whether half hour or an hour and in-person or virtually through the Web. In any self-help coaching program the costs are considerably less than traditional consulting. Fees may be paid online or offline using all major credit cards, or electronic (“e”) checks using our third-party vendor: the American Express Accept Pay invoicing service utilizing the latest in encrypted technology.
The BSB Structured Process Plan (SPP)
The SPP entails discreet but linked processes that systematically develop information and knowledge that enables a collaborative yet Facilitative coaching business recovery plan. The actual follow through is executed by the owner, principal, or executive backed by the knowledge and encouragement of the coach. The plan and its duration takes into account these and many other factors:
* Acuteness of problems
* Coaching receptivity of client
* Knowledge and objectivity of client about the business and its problems
* Number of possible outcomes or changes possible during the coaching processes
* Psychosocial disposition of owner, principal or executive
* Size and sophistication of business
* The financial status and capabilities of client individually
The SPP may last no longer than several weeks or it can continue for several months not inclusive of follow up individual coaching sessions that occur after the processes are complete. As such, the flat fee may be slightly less than $3,000 or as much as $9,000. The terms are usually one-half paid at time of commencement of the SPP, and the second half at the conclusion. The alternative, when a greater degree of self-help is anticipated or there is there are budget constraints, the BSB Individual Coaching Sessions may be appropriate.
The BSB individual coaching sessions (ICS)
The ICS plans are geared to discreet and time-sensitive coaching sessions. As such, they are best utilized as a “backstop” to an owner, principal or executive that has capability to lead a remedial or turnaround effort but may be lacking in areas relative specific tasks but unable to interract with any knowledgable advisors. He or she may simply be in need of a sounding board and objective collaboration with a skilled coach. Whatever the case, there are variable ICS options with respect to cost and the method that sessions are delivered.
Delivery method and discounts
ICS has two options for how the coaching sessions are delivered and two types of discounts. The first discount is for a virtual Web versus in-person ICS’s; the second, for pre-paying six or more individual sessions, be they virtual or in-person.
Individual sessions
In a virtual Web ICS the client and coach connect via a Web meeting. DiversiCorp’s (THE) BUSINESS SOUNDING BOARD utilizes Go to Meeting [Note Colin - link to Go to Meeting site and bold this] that is a simple combination of going to a secure Web meeting by invite only and calling a toll free number that connects both voices and desktops of the coach and client where documents may be viewed simultaneously while speaking. It is also possible to add others in this meeting if appropriate.
Another option is VOIP (Colin: use Wikipedia link on VOIP) using Google’s Skype [Colin - link to Skype site and bold] where a web camera and a microphone on the coach and client’s computers enable facial and phone presence over the internet with decent quality and reception.
According to the experience level of the coach, ICS’s are $80-100 per half hour or $160-200 per hour times 75% if virtual. The 25% discount is a discount for Web delivery. These rates are for single, one-by-one coaching sessions. The in-person coaching sessions are held in the coach’s offices either in the western or northwestern suburbs of Chicago. The ICS individual session rates are not discounted.
Individual sessions – prepaid discounts
If a client and coach contemplate an ongoing sounding board and guidance relationship, prepaid ICS’s would qualify for a 20% discount off 10 individual sessions; either the virtual Web or the face-to-face ICS’s. There is no refund for unused sessions but there is flexibility for re-scheduling the meetings. If a virtual option is elected and discounted but later upgraded, a further payment will be required. Conversely, if a face-to-face option has been elected and then downgraded to Web meetins, a credit will be applicable.
