Are you planning to turn your expertise into a lucrative side hustle or a legit business? If you are, you’ll need coaching contract templates that cover everything from agreements to your privacy policy.
Coaching contract templates consist of several documents drafted to make your agreements clear and legally binding. Also, with templates, you won’t have to go to an expensive notary to draft your documents. All you need to do is head over to our coaching contract template page, purchase the templates, and experience relief at not having to deal with any legalese or loopholes.
Now you might be asking yourself the following questions:
- Why do I need a coaching contract template?
- What documents does a template include?
We answer these questions and more. Read on to learn all about coaching contract templates and what documents you’ll receive when you buy ours.
Why Do I Need a Coaching Contract Template?
Being a coach means running a business. As a business owner, you effectively work your own hours and choose your clients.
However, despite the freedom and personal satisfaction that comes with being a coach, you won’t have the protection of a company. For this reason, clients may refuse to pay on time. Some may even leak your proprietary knowledge to your competitors.
Other clients may dispute your price, and some may misuse what you’ve taught for the wrong purposes.
All of the above scenarios will put you in dire financial and legal straits. However, you can protect yourself with documents that clarify your business’s nature and protect your intellectual property.
These documents are none other than the ones you’ll find in our coaching contract template. With the terms of our coaching contract templates governing your business practices, you’ll not only ensure that your business is profitable; you’ll also operate legally with maximum protection.
What’s Included in a Coaching Contract Template?
Our coaching contract template includes seven documents. With these documents, you’ll be able to operate your coaching business with transparency, garnering more trust from clients. Also, some of the documents here will facilitate your dealings with independent coaches you may hire for jobs later on. Lastly, these documents will ensure that your intellectual property stays intact.
Let’s talk about each of these documents in greater detail.
Coaching Agreement
The coaching agreement is one of the most important documents you’ll need for your coaching business. Think of it as a contract between you and your clients.
You’ll be using your coaching agreement with every client you encounter. As a legal document, your coaching agreement outlines the terms and conditions of your services, what your client can expect, and your rates. The coaching agreement can even contain terms about payment schedules to ensure that you receive your payments on time.
Your client must sign the coaching agreement. By signing the agreement, your client signifies their willingness to hire you as a coach. Most importantly, the signature binds your client to the terms and conditions of your agreement.
Independent Contractor Agreement for Coaches
What if you’ve taken on too many clients? If this is the case, you might consider an independent coach who will act as a contractor. This is where the independent contractor agreement comes in.
An independent contract for coaches is like an employer-employee agreement. It will contain your independent coach contractor’s responsibilities and other conditions like your practices of remuneration.
The independent contractor agreement will also likely require the signing of a non-disclosure agreement (NDA), so your coaching company’s intellectual property stays protected.
Independent Contractor Agreement for Business Services
Sometimes, you won’t be hiring another coach. You might need help with the administrative aspect of your business. For this reason, you’ll need contractors to cater to your business’s administrative needs. When you outsource or enlist the aid of a business service, ensure that you have an independent contractor agreement for business services.
Like the independent contractor agreement for coaches, your contractor agreement for business services contains numerous terms and conditions. It will outline your contractor’s responsibilities and the duration of service with your coaching business.
Privacy Policy Form
Does your coaching business have a website? If it does, it will gather data from the people who access it. To avoid accusations of breaking user privacy, you must be transparent about how and why your website gathers user data. For this reason, you’ll need a privacy policy form.
A privacy policy form is a document that explains how your site gathers and uses data. It will also contain why your site obtains data from your site’s users. The form must be available on your site and your business’s mobile apps if you have any.
It’s illegal for any business with a site not to have a privacy policy. Without one, your coaching business is risking hefty fines. Worse yet, if a user feels you’ve misused their data, you’ll risk a lawsuit.
Terms of Use Form
This is another document you’ll need if your coaching business has a website. The terms of use form tells your users what to expect from using your website and how they should use it.
The terms of use form also limits your liability. As a disclaimer, the form discloses that you remove yourself from any consequences that arise from misusing your website.
Other benefits of the form include protecting your site’s content, stating the laws your site follows and what counts as abusive behavior on your site.
Employment Agreement Form
As your coaching business scales, you may gain employees. To ensure that your employees perform well, you’ll need a legally binding document that outlines their responsibilities — the employment agreement form.
Commonly known as the employment contract, the employment agreement form states key responsibilities and the rules employees must follow. It also clarifies your employees’ designated shifts and place of work.
Non-disclosure Agreement (NDA)
Lastly, there’s your NDA. The NDA contains what your clients, employees, and contractors can’t disclose to other parties. The agreement protects your intellectual property and your coaching business’s image.
Keep Your Coaching Business Lucrative, Legal, and Legit With a Coaching Contract Template
A coaching contract template is a must if you want your coaching business to succeed. While having a notary draft them is an option, this will take time and be expensive. Also, you’ll be dealing with someone who doesn’t know much about your business.
However, at Drafted Legal, we offer templates you can edit based on the unique nature of your business.
Look no further for coaching contract templates that take the guesswork out of legal documentation. Grab our legal coaching templates today and watch your coaching start-up scale.
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