What to Include in an Online Coaching Agreement

By November 2, 2012 Internet Marketing

coaching agreementWhen you’re using the Internet to coach others how improve their businesses or personal lives, you will want to put into place a written coaching agreement that clearly states what you have agreed to do, when you will perform such coaching services, and your coaching fee(s).
Equally important, your coaching agreement should specifically exclude key areas that your services do not cover. For example, it is common in an online business coaching agreement to specifically exclude legal and tax advice because those areas will be addressed by your clients’ attorneys and accountants.
Because of the potential global scope of an Internet-based coaching practice, there are legal issues that should be covered that are unimportant to offline coaches who restrict themselves to helping local companies and individuals.
When having your Internet business law firm draft the coaching agreement you will use with clients, here are some key factors to consider…
1. What is the term of your coaching agreement? Month-to-Month? Annual? Renewable?
2. What deliverables are you promising and, equally significant, what are you excluding from the scope of your professional coaching services?
3. What media will be used to deliver your coaching services? Website? Video? Audio? Webinars/Teleseminars? Phone?
4. How and when will you get compensated for your professional coaching advice?
5. Will you mediate and/or arbitrate disputes with clients?
There are other Internet coaching legal issues but these questions are good ones to start your discussion with the Internet lawyer before he creates your online coaching agreement.

Author Mike Young, Esq.

Internet Lawyer Mike Young provides contracts and other efficient legal solutions to business owners and C-level executives of privately held companies. To get legal advice from Mike, click here to set up your phone consultation with him.

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