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Business Coaching Invoice Template

Create a professional invoice in minutes with no design or accounting training. Simply add your information to our ready-made templates and get paid faster. Want to access all our customizable templates? Enter your email below to join Indy for free.

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Invoice
Your Name
Your Company
Your Address
Bill to:
Client's name
Client's company
Client's address
Date
Item name
Description
Units/hrs
Rate
Subtotal
10/01/2021
Building plan
-
-
1.00
0.00
10/06/2021
Creation accountability
-
-
1.00
0.00
10/06/2021
Business strategy
-
-
1.00
0.00
Subtotal
$0.00
Total due
$0.00
This invoice was generated by Indy

Get paid quicker and easier

You can sign up for Indy to make your whole workflow better. With Indy, invoices are just a part of one seamless process that includes proposals, contracts, time tracking, client approval, and payment.

Indy Invoice templates take the pain out of billing.

  • Build and send an invoice in minutes.
  • Personalize your invoices with your brand color and logo, and leave a nice message for your recipient.
  • Accept payment by top credit and debit cards, check, wire transfer, direct deposit, and more.
  • Add your unbilled time tracks to your invoices as line items for easy payment.
  • Include discounts, late fees, and request deposits.
  • Make single invoices or set up recurring billing.
  • Send your invoices straight from Indy or export them to PDF to send them however you want.
  • Keep track of each invoice’s status, so you know who has paid and who to remind.
  • Set the estimates in your proposals to automatically generate invoices when accepted.
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invoices

Business Coaching Invoice Template FAQ

What is a business coaching invoice used for?

Are you a business coach? If so, you need a business coaching invoice to guarantee payment following every job.

Whether you’re working for an aspiring entrepreneur or an established CEO—a business coaching invoice will remain relatively unchanged. After all, the purpose is the same. The invoice is used to clarify all completed work and ensure that payments are made quickly and on time.

A business coaching invoice may be used to cover the following:

  • Services Provided to an Individual: Business coaching services offered to a single individual seeking to improve their skillset and to learn more about their chosen industry.
  • Services Provided to a Team: Coaching services that are supplied to a team, such as the employees in a small business or the board of directors working for a growing company.
  • Services Provided by an Individual: If you work alone, you will be in control of compiling and submitting the business coaching emails and will need to think about personal schedules, travel restrictions, and other issues that could impact your work and affect the invoice.
  • Services Provided by a Team: When you’re working as a team, your business coaching invoice must account for the hours, materials, and expenses relating to all of your employees.
  • In-Person Coaching: When the coaching is provided in-person, there may be additional considerations, including travel and accommodation expenses.
  • Virtual Coaching: These days, all coaching can be conducted online through video conferencing software. It’s something that individuals and teams can benefit from and should lead to fewer expenses being included in the business coaching invoice.

The difference between a good business coaching invoice and a bad one is that the latter may lead to additional queries and confusion. It may leave the client frustrated while wasting the contractor’s time. A good invoice, on the other hand, will be submitted, received, and paid without issue.

That’s why it’s so important to spend those extra few minutes getting your invoice right.

How do you bill for your business coaching work?

You can bill your clients by sending them an invoice. There are a few things to get right with your billing. Here’s a short list:

  • You can bill by the hour, milestone, or project. 
  • Hourly billing is really common and you can use Indy’s Time Tracker to track your hours easily. You can even add your time tracks to your invoices as line items.
  • Milestone billing is useful for larger projects that will take place over several weeks or months. Set some milestones, such as the delivery of first stages, and send an invoice when those milestones happen. 
  • Billing by the project is very common for freelancers. Once the client approves the final proof, send them the bill.
  • Many freelancers take a deposit at the beginning of the project. This protects you from shady clients and sets you up for cash flow success. Deposits up to 50% are normal.
  • You should set out your billing and payment terms in your contract. If you don’t have a contract, use Indy’s Contracts tool to create one before you start work.
  • Once you finish the work or pass the milestone, send the client an invoice. If you don’t have an invoice, you can use Indy’s invoice generator to create a professional invoice in just a few moments.

That’s it! Those are the basics of how to bill someone for your work. 

How much to charge for your business coaching work?

Short answer: 

Most freelancers work 36 hours per week and charge $21 per hour according to a survey by Payoneer. Experience level is the most important factor in determining the best hourly rate to charge. New freelancers usually charge a lower amount, while experienced experts charge two to three times the average rate for their industry.

Knowing how much to charge for your work is a complicated area. We want to help freelancers, so we’re going to give you some general tips here about settling on the best amount to charge clients for your services.

Let’s think about this from a few different perspectives:

First, how much do you want/need to earn? You should create your rates to reflect what you need to earn. Keep in mind that you won’t get paid for some of the things you must do, such as preparing your taxes, looking for more customers, and weekly admin work. So, your hourly or project rate needs to be a little higher to make up for the unpaid work that is part of every freelancer’s life.

Second, how much do others charge for similar services at your level of expertise and experience? This question can be a little difficult to answer, but you can just ask. Join a Facebook group and ask. Call a local competitor and ask. Once you know what they charge, you can go under that if you’re new to the market or over it if you’re the boss.

Another massive item you should plan for is taxes. You’ll be paying your own taxes as a freelancer, so your rates should incorporate the taxes you’ll eventually have to pay. The average tax amount paid by Americans, for all taxes, is about 29%. This means you’ll end up paying $3 in taxes out of every $10 you earn. Price your work to pay your taxes and be left with the income you want.

Your best rates will be different, because everyone’s market is different. What works on the East Coast might not be successful in Nevada. Try a few different price points until you find the rate clients accept and you can live on.

How to create a business coaching invoice?

This part is simple! Here’s a step-by-step guide to getting your invoice done:

  1. Open one of Indy’s Freelance Invoice Templates.
  2. Add your business branding and information.
  3. Insert your client’s contact information.
  4. Number your invoice in a useful way.
  5. Fill in the lines with your work completed and the cost per task/hour.
  6. Check the invoice total and details.

Once you’ve finished these six steps, you are ready to send your invoice to your client. Save it in your Indy workspace or download it as a PDF. Then, email it to your client so they can pay you.

Why Choose Indy?

Indy offers an all-in-one platform for freelancers to manage all their admin work. When you sign up with Indy, your invoicing gets better because the other tools work together. For example, you can use Indy’s Time Tracker to note the time spent on a project. When you’re ready, the Invoice tool can automatically pull your unbilled hours for the project onto your invoice to make it ready to use. This makes your billing more accurate and saves time as well. When you set up your customers and projects with Indy, your entire workflow becomes smoother.

The Independent Worker

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