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Growing a Business

5 Contracts Every Business Coach *MUST* Have

March 7, 2021

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I'm Candice, your new tell-it-like-it-is BFF (and purpose cheerleader). Are you ready to grow and scale a profitable business with purpose–and one that gives back to your meaningful life? Thought so!

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*cues up to the bar* Let's start the tab, shall we? Take the quiz and find your brand cocktail for success.

Searching for a business coach contract? And, not sure if you *really* need one for your coaching business?

I've rounded up several contracts EVERY business coach needs in their business to help protect your liability, intellectual property, AND your students.

What business coach contracts do I need?

From a business coaching contract to group coaching, subcontractor agreements, speaker contracts, and even privacy terms–there are several legal documents you need as a business coach.

In this article I'm encouraging you to have:

  • Business Coaching Contract
  • Group Coaching/Mastermind Contract
  • Independent Contractor Agreement
  • Website Privacy Policy
  • Speaker/Speaking Agreement

I'm going to share in detail about each of these contracts/agreements/legal documents, and why you need these contracts for your business coaching company.

Searching for a business coach contract? And, not sure if you *really* need one for your coaching business? I've rounded up several contracts EVERY business coach needs in their business to help protect your liability, intellectual property, AND your students.

Before we go further, buy one of these business coach contracts from Legally set. You get 20% off at Legally Set with the promo code PURPOSE.

OK–I'm gonna be honest. I freaking LOVE a deal. And that's why I've partnered with Legally Set, who is a one stop shop for ALL your legal templates.

If you want to save 20% off of any of these business coaching contract agreements, just use the code PURPOSE at checkout.

Ok, let's dive into each contract and WHY you need them as a business coach.

Business Coaching Contract

As a business coach, you need to set the tone with those you're helping by setting an example.

It starts with your business coaching contract.

A business coaching contract eliminates “what ifs” and poor communication in your coaching business. This contract template for business coaches defines expectations of your services and the nature of your relationship.

You need a versatile agreement to use for any coaching format: physical fitness coaching, business coaching and consultation, financial coaching, and life coaching.

Don't have a coaching agreement yet for 1-on-1 coaching? No worries. Click here to save 20% off your purchase with the code PURPOSE.

You can also grab the business coaching contract bundle with a HUGE discount, which includes a 1-to-1 coaching agreement, mastermind/group coaching contract, website privacy policy, coaching website terms & conditions, and a disclaimer policy.

Group Coaching / Mastermind Agreement

Business coaches don't just do 1-to-1 work. Are you running or launching a group coaching program/mastermind? Yes? Then you need a contract!

This is the Group Coaching / Mastermind Agreement that I use for my group coaching program, and it's for multi-client scenarios that help maximize reach, versatility, and profits.

This Group Coaching Agreement outlines:

  • Terms
  • Compensation
  • Number of Group Sessions
  • Confidential Information of all Participants
  • Harassment
  • Recordings

… and more! As you launch or run your group coaching program, it's important that you have a contract that your mentees sign and agree to. This protects you and your student–and ensures the nature of your relationship is established from day one.

Click here to grab the mastermind/group coaching program contract and use the code PURPOSE to save 20% off at Legally Set.

Independent Contractor Agreement

As you grow and scale your coaching business, you're gonna need to hire some peeps. And when you do, you'll need a contractor/freelancer agreement for when you’re hiring independent contractors (non-employee) to assist you.

This agreement covers everything from online business managers to virtual assistants, a copywriter you hire, and even a social media manager.

This contract outlines the work they do for you.

It includes how much you're paying them, who owns the copyright and content, etc. so that you avoid any legal or financial drama.

This is a *MUST HAVE* contract in your business coaching company. If you don't have an independent contractor agreement, just click here to grab yours and save 20% off with the code purpose.

Searching for a business coach contract? And, not sure if you *really* need one for your coaching business? I've rounded up several contracts EVERY business coach needs in their business to help protect your liability, intellectual property, AND your students.

Website Privacy Policy

I know you've seen these ALL over the internet, but do you really need a website privacy policy for business coaching?

The answer is YES.

Is your website is collecting personal information from its visitors? Do you have google analytics installed, or are you asking people to sign up for your email ist?

Yes? You need a Privacy Policy.

Legally Set's GDPR-compliant Privacy Policy template outlines what type of data you collect, why you collect it, and how you handle the data.

It also outlines a user’s rights under various laws such as the European Union’s General Data Protection Act (GDPR) AND California Online Privacy Protection Act. You don’t want to be caught slipping on a privacy policy.

A Privacy Policy is a huge step towards protecting your business virtually.

And yes, you need it.

Download your website privacy policy now and save 20% with the code purpose. Be sure to upload it right away!

Speaker Agreement for Virtual Events

Are you asking someone to speak inside your mastermind?

Maybe you're hosting a virtual event with several speakers for your audience.

OR, perhaps you're being asked to speak and you want to ensure there is an agreement in place.

More virtual events means more speaking engagements, and you'll need this speaker agreement for your next virtual event. It includes clauses to protect the interests of the speaker and outlines the responsibilities of event organizers who are hiring the speaker.

Click here to grab your speaker contract for virtual events and save 20% off with the code PURPOSE.

You can explore even more agreements and bundles over at LegallySet.com.

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Some of the links used in this blog post are affiliate links. When you purchase something, our company receives a small compensation at no cost to you. This compensation helps to maintain the cost of creating helpful content, like our podcast, so you can build a profitable business with purpose.

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I believe entrepreneurs who lead with their purpose are more successful, less likely to burn out, and deeply connected to why they do what they do. 

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