Memberships and Group Coaching: What's a Must Do and Pitfalls to Avoid

Jun 24, 2021

If you have a membership program or plan to launch one, tune in to this episode to get all your legal ducks in a row.

 

Episode Introduction:

In today’s episode of Law Chat with Girija, we talk about the foundational measures to take in order to ensure that your membership subscriptions are legally secure as well as discuss the pitfalls you want to avoid at all costs.

 

Episode Summary:

Girija Patel walks you through the step-by-step legal checklist that you need to ensure in order to make your membership program’s security impenetrable. She covers best practices, what to avoid and what to double-check. By the end of this episode, you will leave with a bulletproof legal strategy for your membership. 

 

Main Takeaways: 

• Make sure that your website efficiently conveys who your membership program is going to serve.
• Your website copy should cover the following: 

> Terms & Conditions 

> Privacy Policy

> FAQs

> Disclosures

• Elements of a Membership Agreement: 

> Term of the Membership

> Price of the Membership 

> Payment Schedule 

> Deliverables of The Membership

> What is Expected of the Subscriber 

> Intellectual Property

> Refund Policy

> Termination Clause

> Notice Provision

> Assignment & Transferability

> Disclaimers 

• Make sure you are not commingling your funds with another one of your business.
• Take advice from your CPA and lawyer to make sure your membership adopts the correct business model.

 

Get the visual experience, watch the videocast for this episode: https://youtu.be/SycOisEdiUo

 

Connect With Girija: 

 

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

 

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