When you are starting your own health coaching business, one of the best things you can do to prepare is to create your business plan. This will help you to clarify your objectives including identifying your target market, assessing your finances and approaching marketing.
If you are applying for a loan or making a presentation (to a potential partner or company), a business plan is essential. However, if you are going into business for yourself, opting to work from home and do things on your own, with minimal costs, you may not need a business loan.
In this case, a business plan is simply a way for you to get clear, in your own mind, about what you intend to do to begin your business, how you plan to operate, and how you intend to grow your business.
Here are a couple of websites that offer business planning templates.