Business Coaching Agreement
This Business Coaching Agreement is an essential document for a business coaching business to set up binding legal relationships with its clients.
4.0 (1 reviews)
Last updated December 19, 2024
Under 10 minutes
Suitable for Australia
Written by
Edwin Montoya Zorrilla
Reviewed by
Damin Murdock
Document Overview
For a business coaching business to build sustainable relationships with clients, it is essential to have clear legal terms to define the relationship and both parties' obligations.
What does the Business Coaching Agreement cover?
- The duration of the services, and termination;
- Session structure and payment;
- Rescheduling and cancellation;
- Confidentiality;
- Warranties and indemnities (the client will be solely responsible for outcomes in their own business);
- Adherence to the Code of Ethics of the International Coaching Federation; and
- General terms and conditions.
The Legal Risk Score of a Business Coaching Agreement Template
Our legal team have marked this document as low risk considering:
- The agreement contains a clause on confidentiality which mandates both parties to keep shared information strictly private, potentially limiting the client's ability to freely use or disclose valuable insights gained during coaching sessions for broader business purposes.
- The intellectual property clause specifies that the coach retains all ownership rights to materials provided during coaching, which could restrict the client's use of these materials to advance beyond personal use without additional permissions or agreements.
- The force majeure clause does not excuse any party from financial obligations despite significant external disruptions, potentially leading to financial strain if a party is unable to perform due to circumstances beyond their control.
Business Coaching Agreement Checklist
Complete your free Business Coaching Agreement with our checklist
Secure Signatures
Ensure that all parties involved sign the agreement to formally acknowledge and accept the terms outlined.
Notify of Execution
Send a written notice to each party confirming that the agreement has been executed and is now in effect.
Set Up Payment Arrangements
Establish a reliable method for the client to make timely payments as stipulated in the agreement to avoid any financial discrepancies or late fees.
Schedule Initial Sessions
Arrange the first coaching sessions according to the agreed frequency and duration to maintain momentum and commitment from the start.
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