Ology – Business Coaching Franchise

PRlog.org:

Ology was established in July 2003 to provide business coaching and practical advice to SME’s and small-medium corporate businesses. The company was designed specifically as a franchise offering from its inception and has proved to be extremely successful. Recruitment is set to double again this year across the UK and Ireland, and recent expansion has included the appointed of a Master Franchise in New Zealand, with several other countries set to come on board during 2007.

Ology has divided the UK and Ireland into 11 regions with a Regional Principal appointed within each. Although 5 of these regional licenses have already been awarded there is still a great deal of opportunity for development within the franchise across all regions.

Ology Business Coaches require relevant experience of business from which to draw, such as sales, marketing, business management, and people management. The potential franchisee should be someone who is looking to regain control of their work: life balance with a commitment to personal development and have a passion for adding value, and helping other business owners succeed.

In order to get started, new Ology Business Coaches will need a total investment of £45,000; regional principals will need £125,000. An amount of working capital dependant on the individual’s circumstances will also be needed. Business Coaches can operate their business from home, however the Regional Principal will encompass an office based structure.

All new franchisees receive a minimum of 20 days training and field support within the first 12 months which also includes all aspects of setting up and running a successful Ology franchise. The initial 5 days training is classroom based at the company’s headquarters in Warrington, Cheshire.

A further 5 days specialist coaching training is undertaken by all franchisees - Ology is the first and only international franchise to send it’s franchisees to the world-renowned Adler School of Professional Coaching in Canada, receiving training accredited by the International Coach Federation. After this initial 10 days, training is staged at regular intervals to ensure competence within every aspect of the Ology process, with on-going mentoring and support.