How much should you charge for coaching?

Many coaches charge based on an hourly rate. New coaches typically start at $50-$75 per session. Meanwhile, experienced coaches may charge $100-$200 per session. Then there are package deals that may come in at $1200-$2400 per bundle (but more on this later).

How does a life coach make money?

Many life coaches work one-on-one with clients over the phone or in person (usually includes weekly sessions) while others create courses that they sell. Some do a combination of both. Sometimes coaches get paid by the hour and other times by a set program fee.

New coaches typically start at $50-$75 per session. Meanwhile, experienced coaches may charge $100-$200 per session. Then there are package deals that may come in at $1200-$2400 per bundle (but more on this later). Generally, the more niched down your coaching services are, the more you can charge.

Should coaches charge by the hour or by the value?

There is a debate over whether or not you charge per hour or by the value you offer each client. Charging by the hour may work well for less experienced and newer coaches. Yet, once you have the experience under your belt, you may want to move toward charging for the value you are providing.

How are the coaching packages categorized?

Each is categorized according to the total time of the coaching relationship. This package is for you if you are preparing for a new challenge, getting ready for a new business venture, or gearing up for a life transition that may take place in the next few weeks.

How can I increase the price of my business coaching services?

Or you may be able to increase your pricing as you gain more training. For example, if you are a business coach who recently graduated business school or who has many courses and certifications, you may be able to charge more and charge a set price for your services – effectively moving away from your hourly rate.