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All The Things You Should Say Before A Contract Is Signed

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  In this post we’ll look at what negotiations and communication that should be made before reaching an agreement are called “parol evidence” and how   business coaching services   can help you in business legal aspects. Now, you might be wondering why we want to talk to you about anything related to parol. Don’t worry, this is not something related to crime and a punishment. Read on to know more about it. Parol and the Parol Evidence Rules We are talking about – “parol” which is actually a French word that literally means “word or speech”. Although it originally referred to oral speech, it was also used to refer to legal complaints in the Middle Ages. Therefore, the term “parol”  actually refers to oral and written communications. According to the law, we use it to refer to text and communications outside of the agreement.  The Parol Evidence Rules limit the extent to which discussions or written materials that occur before or at the same time as the signing of...

All You Need To Know About Business Coaching

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We Love our Coaches We admire our coaches. We certainly love them! Yes Coaches. Plural.  We aren't saying because of a business coach contract or something, instead we know that without their guidance, support and responsibility, we would not even dream of it, let alone build In The Know Legal.  Because we know and understand the importance of correct business coaching services to entrepreneurs (and anyone who really needs support and accountability), it is obvious to directly position our first set of templates and business packages on coaches. This is how we support our coaches and all the other coaches as they work hard to build and develop their own business.  How to get into the coaching business? If you are ready to become a business coach, what better way to serve your clients than to first ensure that you follow the path and not just speak your thoughts? Whether you provide health and nutrition, life and personal or corporate coaching services, you need to take s...

Things To Know About A Mutual Non-Disclosure Agreement

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Essentially, a contract is a written agreement negotiated and exchanged between two parties. In any contract, the enforceability of the agreement must be considered. The consideration is the basic exchange between the parties supporting the contract. Consideration is what one party gives to the other party: money, goods, services, or promises.  What is a Mutual NDA Mutual non-disclosure agreement , or mutual confidentiality, is just a contract in which both parties agree to keep certain information confidential. A Mutual Non-Disclosure Agreement (Mutual NDA) is that both parties share confidential information and both parties agree to keep the other party's information confidential, so the consideration is a mutual commitment made by both parties to maintain the other party's confidentiality.  The terms of the mutual confidentiality agreement  Wondering about what are the clauses that should be included in the mutual confidentiality agreement? Then worry not. We're enlist...

Three Things Your Coaching Agreement Needs. Right Now!

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Whether you are a life coach, business coach, health & wellness coach, or any kind of amazing coach – you need a   client services agreement .  But you already know that!  And, since you’re reading this, it’s safe to assume you want to get an agreement in place or get your current agreement up to snuff.  Maybe you “borrowed” it from a friend or colleague, or -gasp- downloaded a free sample from some shady website.  You can’t be sure that its adequate, or even appropriate for your   coaching business .  But no fear, we are here to help!   DIY LEGAL CAN WORK FOR COACHES DIY legal is totally okay in many cases; so long as you have the right guidance and foundation.  Online  legal  templates from can be a great resource.  Templates that are vetted and provided by coaching certification programs can also be valuable.  But the best practice for DIY legal, regardless of the source is this: Get your templates from a trust...

Business Coaching Agreements You Need for Your Coaching Business

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  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....

5 Things to Look for in a Mutual Nondisclosure Agreement

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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...

Why We Love Coaches

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  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...