How much does it cost to start this business?

You can start this business for between £50 and £300, so it fits the under-£300 budget. Exact costs depend on the tools and marketing you choose.

Can I run this business from home?

This idea can be run as a local business; many can be started from home with minimal setup.

Is this business profitable?

Yes. Many operators build a profitable side income or full-time business with low startup costs and recurring revenue potential.

Start a Life Coaching Business: Start This for Under £300

Author: Brad Emery | Date: 2026-02-07

▶ Watch on YouTube

Startup Cost: £50–£300 | Difficulty: Beginner | Time to Start: 7 Days | Business Type: Local

No Degree Required: How to Start a Life Coaching Business in the UK Most people have no idea that life coaching is one of the highest earning service businesses you can learn online in the UK. Trained coaches regularly charge £75 to £200 per session, and if you specialize in executive or business coaching, that can jump to £300 to £1,000 per hour. You don't need a psychology degree. You need basic training, a clear niche, and a simple plan to find clients.

What is Life Coaching?

Life coaching is a service-based business where you help clients set and achieve their personal and professional goals. As a life coach, you'll work with clients to identify their strengths, weaknesses, and areas for improvement, and develop a plan to help them achieve their objectives.

Video Breakdown

This video explains the training options that actually matter, how to position yourself so people understand what you do, and how much to charge in your first year and once you're established. Watch the full video on YouTube for the full walkthrough.

Key Takeaways

You don't need a psychology degree to become a life coach.
Start with a mid-tier course in the £200 to £500 range for basic training.
Choose a niche to specialize in, such as mid-career professionals or new business owners.
Focus on talking to real people, especially on LinkedIn, to find clients.
Start with a simple marketing plan and raise your prices every 10 to 15 paying clients.

Startup Costs in the UK

MicroBiz365 keeps costs under £300; free tools and our PDF where possible. Here's a breakdown of the costs you can expect to incur:

Item	Approx. Cost (UK)	Notes
Basic Training Course	£200-£500	Mid-tier course for basic training
Branding Basics	£0-£40	Basic logo and branding materials
Tools/Equipment	£0-£100	Basic tools and equipment for coaching sessions
Contract/Template	£0-£50	Basic contract and template for coaching sessions

In practice, you can get to your first paying client for a total setup spend of roughly £100–£250, well under the £300 mark, then upgrade tools and protection as the business grows.

Tools & Equipment Needed

Basic training course
Branding basics (logo, business cards, etc.)
Basic tools and equipment for coaching sessions
Contract and template for coaching sessions

How to Start a Life Coaching Business

Start with a mid-tier course in the £200 to £500 range for basic training.
Choose a niche to specialize in, such as mid-career professionals or new business owners.
Focus on talking to real people, especially on LinkedIn, to find clients.
Develop a simple marketing plan and raise your prices every 10 to 15 paying clients.
Start with basic branding and tools, and upgrade as the business grows.
Develop a contract and template for coaching sessions.

Earnings & Scaling

As a life coach, you can charge £75 to £200 per session, and if you specialize in executive or business coaching, that can jump to £300 to £1,000 per hour. With experience and testimonials, you can raise your prices and increase your earning potential.

Pros, Cons and Risks

Pros:

High earning potential
Flexibility to work with clients remotely
Opportunity to specialize in a niche

Cons:

Requires basic training and certification
Can be emotionally demanding
Requires ongoing marketing and business development

Risks:

Competition from established coaches
Difficulty in finding clients
Liability concerns

UK-Specific Tips

Register your business with HMRC and obtain necessary licenses and permits.
Use platforms like LinkedIn and Facebook Marketplace to find clients.
Develop a contract and template for coaching sessions that complies with UK laws and regulations.
Consider obtaining professional indemnity insurance to protect yourself against liability.

FAQ

Do I need a psychology degree to become a life coach?

You don't need a psychology degree to become a life coach. You need basic training, a clear niche, and a simple plan to find clients.

How much can I charge as a life coach?

You can charge £75 to £200 per session, and if you specialize in executive or business coaching, that can jump to £300 to £1,000 per hour.

What's the best way to find clients as a life coach?

Focus on talking to real people, especially on LinkedIn, to find clients. Develop a simple marketing plan and raise your prices every 10 to 15 paying clients.

Conclusion

Starting a life coaching business in the UK can be a lucrative and rewarding venture. With basic training, a clear niche, and a simple plan to find clients, you can get started with minimal costs and upgrade as the business grows. For more ideas on starting a UK business, see our post on low-cost business ideas.

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