What Do I Need To Legally Protect My Coaching Business?

  A coaching agreement is a legal document defining a certain set of rules and regulations to be followed by the coach and the client during the training process. It generally contains rules of conduct, minimum hours of training to be done, monetary compensation of the coach, length of the coaching contract, and what happens in case either the coach or the client breaches the contract. Also, while the coaching agreement is more favored towards the client as it specifies certain criteria to be fulfilled by the coach during the training period on other hand it also protects the coach from any liabilities such as an injury to the client, etc. However, if you’re wondering how to end a coaching contract this is for you. Go through your contract thoroughly It is highly recommended to go through your coaching contract to look out for the liabilities that come your way after the termination of the coaching contract. It is advisable to make sure that you do not fail to comply with the term...

Imagine you’re running a bed and breakfast and one fine day when you enter the place you find out that two guests got involved in a fight and are both injured, now the real question is who’s liable for that? Are you liable in any way? Well, not if you made them sign a retreat agreement. This is just one example of why you should utilize a retreat agreement whenever you’re hosting a retreat of any type. What do you mean by retreat? Whenever you’re hosting any kind of event or renting out any kind of an asset basically you’re hosting a retreat. While hosting a retreat could have its classic meaning which would be to host a few guests while running a resort or a hotel or even a simple bed and breakfast. On the other hand, it could also mean renting out your car. Why are we telling you this? Because a retreat agreement works for all of you. Why do I need a retreat agreement? A retreat contract could be used for multiple purposes. Let us explain with real-life examples. Suppose you rented o...