I am trying to plan my 1-5-10 year plan but I’d like to know what are the margins in the coaching industry. For example, if I want to make a net profit of $300,000, what is the gross profit that I need to make?
Also, how do I plan my assets for 5 and 10 years to include several programs if my niche is very specific. For example, I help pregnant first time moms manage their weight during pregnancy. There is only one way to solve their problem: be aware of their thoughts, allow urges, have a protocol etc which would be under my 6 points of one program. If I create other programs (i.e postpartum, weight management pre-pregnancy etc.) to fulfill my 5 and 10 year asset requirement then I will deviate from my niche. Please advise.