Partnership Agreement
Secure your coaching practice with a Texas-compliant Partnership Agreement. Protect against scope of practice risks and define shared transformation goals.
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Launching a coaching partnership in Texas requires more than just shared vision; it demands a legal foundation that distinguishes your 'transformation' and 'accountability' services from regulated... Read more
Launching a coaching partnership in Texas requires more than just shared vision; it demands a legal foundation that distinguishes your 'transformation' and 'accountability' services from regulated therapy. Under the Texas Business and Commerce Code and the DTPA, failing to define expectations can lead to catastrophic liability. This agreement protects your personal assets, clarifies session intake roles, and ensures your joint venture is shielded from accusations of unlicensed professional counseling.
Beyond the standard partnership agreement sections, this template adds fields specific to Life Coach:
A Partnership Agreement legally establishes the rights, responsibilities, and obligations of each partner involved in a business partnership. Its core purpose is to detail how the partnership will operate, distribute profits and losses, and outline procedures for resolving disputes and handling eventualities such as withdrawal or death of a partner.
Scope of Practice Violations
Clearly define services in contracts, outlining that the life coach is not providing therapy or counseling. Use disclaimers to distinguish life coaching from regulated mental health services.
Results Liability
Include clauses that do not guarantee specific outcomes, instead focusing on effort and the client's participation. Use terms like 'goal setting' and 'accountability' to manage expectations.
For this partnership agreement to be legally valid:
Common mistakes to avoid:
Our agreement includes specific language distinguishing coaching from psychotherapy, ensuring both partners adhere to the scope of practice limits to avoid violating Texas state professional licensing board regulations.
Yes. If you operate under a name other than the partners' surnames, Texas law requires filing an Assumed Name Certificate (DBA) at the county level or with the Secretary of State.
The agreement includes a 'Withdrawal or Death' clause with specific buyout procedures, preventing a forced dissolution and maintaining continuity for your active client sessions.
Per Tex. Bus. & Com. Code § 15.50, non-competes must be ancillary to an otherwise enforceable agreement. This document provides the necessary framework to make such restrictions legally defensible.
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