I collected about 5 separate lists of reasons businesses fail here, but it boils down to just a few.

1. You can’t get (and retain) enough customers
2. You can’t make a profit
3. Cash Flow
4. You don’t run your business like a business
5. No planning
6. Failed execution

• Coaching allows you to think out loud with another person who is dedicated to your success. It’s like having a personal trainer to support you in reaching your goals.
• Coaching appeals to the highly motivated.
• Studies show that when training is augmented with coaching, productivity increases.
• External coaches may be more objective, but are less familiar with a particular corporate culture.
• Coaching typically also is an ongoing process. Not designed to be a quick fix, a typical engagement may span a few months, or even years, depending on the needs and goals of the client.
• Coaching benefits individuals and organizations. It will continue to be desirable to those who are looking for a personalized and time-efficient approach to reaching their goals.

source: Dallas Biz Journal and this blog