If you love film and theater, becoming an acting coach is a great option for being involved in the industry. When you coach an actor, you get the satisfaction of helping them improve their craft and chances of success. There aren't any formal requirements to become an acting coach, but there are plenty of things you can do to prepare for your career and earn a reputation as a reputable and effective coach.

An acting coach typically works one-on-one on an hourly basis with an actor to help them achieve their goals. In most cases, actors already have a solid foundation in acting, so as a coach, you will help them move forward with their careers based on their needs. This includes offering tips and techniques to help them improve their performance, assistance preparing for auditions and helping the actor develop confidence in their abilities, advises the Bernard Hiller Acting and Success Studio.

Some coaches may work for acting studios or schools, but in many cases, coaches will set up their own business to take on clients. If you opt to set up your own business, you can set your own rates, but keep in mind, you are also responsible for the work to run the business including collecting payments and managing your website.