CPC Life Coaching Business & Practice Management Flashcards

What is the primary purpose of a coaching agreement or contract with a new client?

Answer: To outline roles, responsibilities, expectations, and boundaries for both parties

A coaching agreement defines mutual expectations, confidentiality terms, session logistics, and the scope of the coaching relationship.

Which business structure is most commonly chosen by solo life coaches starting their practice in the US?

Answer: Sole Proprietorship or Single-Member LLC

Sole proprietorships and single-member LLCs offer simplicity and liability protection, making them popular choices for solo coaching practices.

What does a 'discovery session' typically serve in a life coaching practice?

Answer: A free or low-cost introductory session to assess fit between coach and client

A discovery session helps both the coach and prospective client determine whether there is a good fit before committing to a coaching package.

Which of the following is the best description of a coaching 'niche'?

Answer: A specialized focus area or target client population a coach serves

A niche defines the specific type of client or life challenge a coach specializes in, such as career transitions, executive leadership, or health and wellness.

What is the recommended practice regarding session notes in a life coaching business?

Answer: Coaches should keep brief notes to track client progress, agreements, and action items

Maintaining concise session notes helps coaches track progress, remember commitments, and prepare for future sessions without over-pathologizing the client.

When setting coaching fees, which factor is LEAST relevant?

Answer: The color scheme of your coaching website

Fee-setting should be informed by market rates, your credentials, and client demographics—not by superficial branding elements like website colors.