#57: What you need to know about the legal stuff in starting a coaching business?
Perhaps it was a big ah-ha moment that lead you onto this coaching journey.
Once you’ve decided to pursue this passion and become a life coach you may decide to focus all your energy in finding your first clients. But the reality is there is a lot to think about including the legal aspect of establishing your coaching business.
The question that I often hear from my clients in the community ranges from how to discover your niche, where can you find your clients and once you do speak to a prospect, how do I create my contract to send to them?
There’s a lot of who, what, why, and how that you have to consider as you start your own coaching business.
Did you know there is more than just legal logistics in running your coaching business? Get Your Epiode Delivered To Your Inbox
Shahara has been the owner and Lead Attorney of The Wright Firm, PLLC, for over 20 years and founded The CEO Effect, LLC to work with small business owners and nonprofit leaders who want to implement a strategy to build capacity. Shahara provides small and mid-sized companies with legal and business strategies, including entity formation, mergers and acquisitions, investor packages, and contracts. She has experience with product development, bringing products from mere concepts to fully developed and manufactured brands.
What you’ll learn from this episode:
What you need to know about setting up a contract [7:52]
Be Aware of information downloaded from the internet. [10:00]
The importance of having a privacy policy on your website [11:20]
What you need to know if you are a licensed professional in starting your business [17:35]
Understanding your liability insurance [19:37]
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