How To Create Coaching Contracts The Easy Way: 3 Templates
If you’re a coach looking to start a business or expand your business, you need a coaching contract. This is the only way you can protect your revenue. These documents describe the type of coaching services, the expectations, amount and mode of payment, length of service, etc.
In a nutshell, a well-crafted coaching contract agreement builds trust and creates clarity around the goals and processes. In the long run, you’re able to improve your coaching service.In this guide, we’ll show you how to create a solid coaching contract.
Tips to help you create a good coaching contract
Before creating a coaching contract for your business, you need to have a good understanding of the field you’re in. This way you can create a contract that works for your business. Here are some tips to guide you when creating a coaching contract agreement:
1. Length
Don’t make a very short contract as these are generally vague and missing vital information. An ideal contract should contain everything that it needs to no matter how long it gets.
2. Elements to include
The good thing about coaching contracts is that once you’ve created one, you can send it out to multiple clients. Here’s what to include in a coaching contract agreement:
· An introduction
· A disclaimer
· Payment Clause
· A refund policy
· A rescheduling policy
· Coaching confidentiality agreement clause
· Termination
· Indemnity / Limitation of liability
Templates
EXAMPLE 1
COACHING CONTRACT AGREEMENT
This contract puts in force the agreement between the following parties:
Person 1 (coach), Phone number and email address
Person 2 (client), Phone number and email address
The coach is skilled and capable in all areas that the client wishes to receive professional coaching services.
COACHING TERMS
1. The coach is not liable for results or lack thereof or any consequences that come about due to the client’s behavior.
2. The client is solely responsible for his/her actions
RESCHEDULING
If (Person2) would like to cancel a coaching session, he/she needs to give more than 24 hours’ notice. Otherwise, the session will be forfeited without a refund.
LENGTH OF THE CONTRACT
The parties agree that the purpose of the coaching will be served by (Enter Date). Hence the contract will become obsolete.
If (Person 1) and (Person 2) decide to further extend this period, another agreement needs to be entered into.
EXAMPLE 2
COACHING CONTRACT AGREEMENT
This coaching contract is proof that (Person X) has entered into an agreement with (Person Y) with (Person Z) as the witness.
PURPOSE OF THE CONTRACT
The purpose of this contract is to commit the coach and the client to this coaching relationship. The coach will train the client to help him/her achieve the set goals, either personal or professional.
The following methods of contact will be used for meeting throughout the contract period:
Videoconferencing using platforms such as Skype to recreate the essential facetime that gets lost during voice calls.
Detailed emails in case there are changes in program plans.
TERMS OF THE CONTRACT
This contract shall become valid on the day it gets signed by all parties involved. It will cease to be valid starting (Enter Date)
The contract can be renewed by the signing of another agreement by the necessary parties.
RESPONSIBILITIES OF THE COACH TO THE CLIENT
Showing up for appointments
Setting clear expectations to eliminate incorrect assumptions
Holding the client accountable for accomplishing the steps necessary to achieve the set goals
RESPONSIBILITIES OF THE CLIENT TO THE COACH
Being coachable and treat the coaching as a top priority i.e. be fully invested
Staying committed to the coach and the coaching process
Doing your homework (reading, writing, research, etc.) on time
COACHING CONFIDENTIALITY
(Company X) respects its client’s privacy and expects that (Person 2) does the same. He/she should not violate the company’s publicity and privacy rights.
EXAMPLE 3
COACHING CONTRACT AGREEMENT
Coach (NAME A) of (Company X) agrees to offer coaching services to Client (NAME B). NAME A and NAME B are required to abide by all set policies and procedures as outlined in this agreement.
DISCLAIMER
NAME B understands that NAME A is not a therapist and has not promised to act like one or provide psychological counseling.
PAYMENT OF FEES
(NAME B) shall pay ($X AMOUNT) for three months of coaching. This will include two one-on-one coaching calls monthly. The client may request a refund within the first month of payment if they wish to.
Payment has to be made on the specific date indicated on the invoice.
TERMINATION AND RENEWAL OF CONTRACT
The client understands that a relationship does not exist beyond this contract. If both parties wish to continue with the relationship, a new contract needs to be signed.
Final Thoughts
Coaching contracts protect both coaches and their clients. They minimize problems that arise and also provide ways of solving them if they do arise. As a coach, getting a coaching contract will help you set boundaries and limit expectations.
With all this vital information we’ve given you you’re now set to create a coaching contract agreement. Remember that it doesn’t have to be perfect, the most important thing is that it gets the job done! You can always revise it later as you grow your business.
Source Code: https://theknowlegaldigital.medium.com/how-to-create-coaching-contracts-the-easy-way-3-templates-d3a8dbbfd532
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