What Do I Need To Legally Protect My Coaching Business?

  I know many Coaches who are absolutely amazing at what they do.  Their clients (like me!) love them, rely on them and credit them to much of their success.  Truly, Coaches can be a real gift to a business owner.  But not all Coaches are walking the walk when it comes to their own business.  How so?  They shy away from a lot of the “back-office stuff” because they love the client work and want to get to it– but they do so at the expense of getting themselves set up correctly. What am I talking about?   Contracts.   Agreements.   Dreaded legal documents.   Contracts get a bad rap, but they shouldn’t.  They best way to set clarity on expectations and boundaries in a professional relationship. So, let’s talk about some of the kinds of agreements a great coach needs in her coaching business. The Client Service Agreement This is the most basic, and most essential, agreement that a Coach should have in her business....

Calling all Coaches – life, business, health and wellness: how are you protecting your intellectual property (IP) – all those hand-outs, workbooks, methods and processes that you worked hard to develop for use with your Clients?  How are you showing your Client’s that you respect and protect the sensitive and personal information they share with you? There’s one document that can do this and give you each peace of mind – a nondisclosure agreement (sometimes also referred to as a confidentiality agreement). Types of Nondisclosure agreements : When one person or business is agreeing to keep information private and confidential – this is a unilateral nondisclosure agreement.   When two people (or businesses) agree to share information, and each keep the other’s confidential – that is a mutual nondisclosure agreement . So, are you a Coach ready to implement a mutual confidentiality agreement or a Client being asked to sign one?   Here’s 5 important things to include or...

  At In The Know Legal, we LOVE coaches!  Why?  Because coaches are amazing.  But it’s really so much more than that. The Shared Mission Our mission is to empower women entrepreneurs to achieve success in their business.  But we know that time, money, and understanding what they need for a solid legal foundation in business and personally, can be stumbling blocks.  So we created ITKL to help minimize or eliminate those obstacles. Coaches do the exact same thing for their clients – helping their clients achieve their goals while helping them eliminate obstacles that can hold them back.  Whether they have its business coaching , life coaching, or any other areas, coaches guide their clients to turn obstacles into opportunities or lessons, help them navigate a clear path, and give them clarity and perspective.  All of these things help empower their clients to achieve their success.   You can’t pour from an empty cup A common lesson coaches...