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A coaching contract is a legal document that protects both the coach and the client. This document is a helpful way to establish boundaries for the coach-client relationship.
Hourly Pricing The ICF Global Coaching Study found that coaches making greater than $150,000/year charge an average of $607/hour. Coaches making $100,000 $150,000 per year coaching charge an average of $365/hour.
Coaching contracts, to establish the main client relationship agreement, for a precise number of predetermined sessions over several weeks to several months and achieve the desired client outcome. This is the most obvious level of contracting.
How to write an employment contractTitle the employment contract.Identify the parties.List the term and conditions.Outline the job responsibilities.Include compensation details.Use specific contract terms.Consult with an employment lawyer.
Important points to cover in a Coaching Contract: What's the purpose and goal of this coaching (write down the specific goal and desire) Payment: How and when to expect payment (do you offer payment plans?, do you charge per hour or for a whole program? Which payment options do you offer?)
Write the contract in six stepsStart with a contract template.Open with the basic information.Describe in detail what you have agreed to.Include a description of how the contract will be ended.Write into the contract which laws apply and how disputes will be resolved.Include space for signatures.
7 Clauses To Include In Your AgreementDescription of Coaching. Many clients are unfamiliar with coaching when they begin the process.Client-Coach Relationship.Services Provided.Release of Information (if applicable)Schedule and Fees.Cancellation Policy and Procedures.Confidentiality and Code of Ethics.
You need a coaching contract because it protects both you and the client legally. You should never coach without a contract and if a client is unwilling to sign one, you need to refuse to work with them. A coaching contract also lets your client know what to expect from you and what your coaching process includes.
What is a Coaching Contract? Your coaching contract is your legal best friend; a legally binding document that will not only help you to easily and professionally negotiate the legal parameters for every agreement, but will establish the expectations and ground rules for both parties, leaving you protected legally.
How do I create an Independent Contractor Agreement?State the location.Describe the type of service required.Provide the contractor's and client's details.Outline compensation details.State the agreement's terms.Include any additional clauses.State the signing details.