Baltimore-Washington Small Business Owners Lay off Less, Hire More

Small business owners across the U.S. including the BWI Corridor are starting to show signs of job growth, according to a survey conducted by The Growth Coach.
By: Shara Darden
 
May 11, 2010 - PRLog -- The Growth Coach of the Baltimore Washington Corridor Releases ‘Business Barometer’ Survey

Small business owners across the U.S. including the BWI Corridor are starting to show signs of job growth, according to a survey conducted by The Growth Coach, a business coaching franchise system that serves several thousand small business clients annually in more than 150 markets across North America.

Allison Herstein Moran, owner of The Growth Coach franchise in Savage, MD, participated in the ‘Business Barometer’ survey, a study completed by 42 percent of the business coaches (Growth Coach Franchise Owners) across the country. The Growth Coach corporate headquarters conducts the survey quarterly to capture a snapshot of the “economic mindset” of the thousands of small business clients their coaches serve.

Based on survey responses, 37 percent of business coaches, including Herstein Moran, reported that their small business clients (defined as less than 100 employees) plan to hire new employees during the second, third, or fourth quarter of 2010. In addition, of the open positions small business owners plan to fill 36% will be new jobs to support growth and 44% will be replacement positions for previous employees.

As small business owners prepare to hire more employees, the survey also highlights that 70 percent of small business owners have no plans to lay off any additional employees during the remainder of 2010.

“We coach dozens of small businesses in the area, which provides us with tremendous insight on the local small business climate,” said Herstein Moran, owner of The Growth Coach of Baltimore Washington Corridor. “This latest Business Barometer indicates that local business owners are creating their roadmaps to plan out how they are going to fill the empty positions left during the worst of the recession. It shows that the light at the end of the tunnel is indeed starting to shine through in the Baltimore Washington Corridor.”

David Spigelman, owner/president of Working Nets, Inc. has seen real growth since starting coaching earlier this year.  He has plans to hire at least one technician in the next 6 – 9 months.

The Growth Coach specializes in providing affordable group coaching workshops to business owners and executives utilizing its proprietary Strategic Mindset® process.  In addition, they provide face-to-face coaching, Coaching Club (tele-coaching), as well as coach entire sales teams and management teams to be more effective with a strategic-focusing process.  All initial coaching services come with a 100 percent money-back guarantee. The coaching process helps clients gain clarity about where they want to go, develop continuous action plans to get there, and receive on-going accountability to stay on track.  For more information, please visit www.TheGrowthCoach.com

For more information on The Growth Coach of the Baltimore Washington Corridor, please contact Allison Herstein Moran at (301)346-2859 or visit online at http://www.businesscoachingbyallison.com.


About The Growth Coach
Founded in 2002, The Growth Coach is the only pure business coaching franchise system with the single purpose of helping drive the success and balance the lives of business owners. Their goal is to help clients gain greater focus and leverage so they can work less, earn more and enjoy more fulfilling lives. Clients include small business owners, franchisees, self-employed professionals, high-end sales and financial services professionals and managers from businesses of all size. Through an expanding national accounts program, The Growth Coach serves franchise systems, dealer networks and associations. With a presence in more than 150 markets across North America, The Growth Coach encourages diversity within its franchise system, as well as the development of small business and franchising worldwide. Currently, The Growth Coach is a member and/or affiliated with the following professional organizations: International Franchise Association, SBA Franchise Registry, VetFran, Minority Fran and is listed in Bond’s Minority Franchise Guide, 2010 AllBusiness.com AllStar Top 300 Franchises, and Entrepreneur’s 2010 Franchise 500®. For more franchise opportunity information, visit www.TheGrowthCoach.com.

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Allison has been coaching small business owners for more than three years as part of The Growth Coach network. She is passionate about helping business owners, entrepreneurs, and executives grow their business and develop their money making talents.
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Source:Shara Darden
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Zip:21045
Tags:Small Business, Business Growth, Hiring, Recession, Growth Coach, Business Coaching
Industry:Business, Home business, Human resources
Location:Columbia - Maryland - United States
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