Understanding HoneyBook Fees: What You Need to Know Before Signing Up

When it comes to running your coaching business, choosing the right software is essential for both smooth operations and client satisfaction. HoneyBook is a popular option for many of you, offering a variety of tools for managing projects, clients, and payments. 

However, before diving into a subscription, it’s important to understand the HoneyBook pricing & fees and what they cover. In this blog, we’ll break down the HoneyBook pricing, its value for coaches, and why understanding these fees upfront is crucial. 

By the end, you will also be introduced to another tool, which offers more tailored features, transparent pricing, and a platform designed specifically for coaches like you.

Why Knowing HoneyBook Pricing Matters Before Signing Up

When you start looking for a coaching platform, it’s easy to focus on the features, what the platform offers, and how it can improve your day-to-day operations. But the fees associated with a platform can have a significant impact on your bottom line. 

It’s not only about what’s included in a plan but also the hidden costs and additional fees that might add up over time.

Understanding the HoneyBook fees before committing to a subscription helps you make an informed decision. This ensures you’re not caught off guard by unexpected charges that could affect your cash flow down the line. Let’s take a closer look at HoneyBook’s pricing structure to help you decide if it’s the right choice for your coaching business.

HoneyBook Pricing Plans 

HoneyBook offers three primary membership plans designed for your practice, small businesses, and freelancers. Here’s a breakdown of their pricing:

1. Starter plan

• Monthly: $36
• Annually: $29/month 
• Features: Unlimited clients and projects, invoices, payments, proposals, contracts, calendar, professional templates, client portal, and basic reports.

2. Essentials plan

• Monthly: $59
• Annually: $49/month
• Features: Adds scheduler, automations, QuickBooks Online integration, up to 2 team members, expense management, profit and loss tracking, removal of “Powered by HoneyBook” branding, and standard reports.

3. Premium plan

• Monthly: $129
• Annually: $109/month
• Features: Includes all Essentials features plus unlimited team members, priority support, multiple companies, and advanced reports.

A look at the HoneyBook payment processing fees

When accepting payments online through HoneyBook, there are transaction fees to be aware of:

• Cash/check: No fee (processed outside HoneyBook)
• ACH/bank transfer: 1.5% of payment total (flat fee)
• “Cardholder Entered” payment: 2.9% of payment total + 25 cents
• “Card on File” payment: 3.4% of payment total + 9 cents

The percentages of Honeybook fees are based on the payment total, and the additional fees for card payments (9 cents and 25 cents, respectively) are added to that percentage.

These fees cover the convenience and security of online payments, but they can add up over time, especially if you process a high volume of transactions.

Remember, additional features or add-ons may incur extra charges. Always check the fine print before committing to a subscription.

Is HoneyBook right for you?

While HoneyBook offers a comprehensive suite of tools for managing client relationships and projects, its pricing and features may not be the best fit for all. You can, although sign up for HoneyBook’s 7-day free trial, allowing you to explore most features before making a commitment.

However, if you’re looking for a platform that’s specifically tailored to coaching businesses, you may want to explore Simply.Coach is an option that provides specialized coaching features at a transparent & cheaper price point.

Introducing Simply.Coach: A Transparent and Tailored Solution for Coaches

If you’re looking for a more tailored solution with transparent pricing and no hidden fees, Simply.Coach could be the ideal alternative. 

Unlike HoneyBook, Simply.Coach is built specifically by coaches for coaches like yourself, providing an all-in-one platform to manage client relationships, track goals, automate processes, and streamline administrative tasks, all without the complexities or additional charges often associated with general CRM platforms.

Simply.Coach pricing plans

Simply.Coach offers pricing plans tailored to both solopreneurs and coaching businesses. Here’s a closer look:

For solopreneurs:

1. Starter plan
   • Monthly: $19
   • Annually: If you subscribe to the annual plan, you pay $9/month
   • Features: 1:1 coaching, group coaching, calendar booking pages, survey forms, 1 contract, 1 program, coaching for up to 3 individuals.
2. Essentials plan
   • Monthly: $39
   • Annually: If you subscribe to the annual plan, you pay $29/month
   • Features: Everything in Starter, plus 3 contracts, 3 programs, coaching for up to 7 individuals.
3. Growth plan
   • Monthly: $59
   • Annually: If you subscribe to the annual plan, you pay $49/month
   • Features: Everything in Essentials, plus multiple calendar connections, recurring sessions, your logo, 10 contracts, 10 programs, and coaching for up to 30 individuals.
4. Leap plan
   • Monthly: $89
   • Annually: If you subscribe to the annual plan, you pay $69/month
   • Features: Everything in Growth, plus a whitelabeled platform, your domain, unlimited contracts, unlimited programs, and coaching for unlimited individuals.

For businesses:

1. CoCreate plan
   • Monthly: $99
   • Annually: If you subscribe to the annual plan, you pay $79/month plus $29/month per additional active coach
   • Features: 1:1 and group coaching, calendar booking pages, survey forms, internal coach finder, 3 journey templates, 10 clients per coach, and 1 onboarding/training session.
2. Surge plan
   • Monthly: $199
   • Annually: If you subscribe to the annual plan, you pay $159/month plus $29/month per additional active coach
   • Features: All CoCreate features, plus multiple calendar connections, recurring sessions, whitelabeled platform, your domain, 2 program managers, and 5 HRBP/client sponsors.
3. Optima plan

• Monthly: $349
• Annually: If you subscribe to the annual plan, you pay $289/month plus $39/month per additional active coach
• Features: All Surge features, plus programs with coaching matching, customer satisfaction tracking with NPS, automated custom reports, automated form scheduling, company profile with round-robin coach scheduling, custom role nomenclature, custom email notifications, unlimited program managers, unlimited HRBP/client sponsors, unlimited templates, 50 clients per coach, and 4 onboarding/training sessions.

For the Enterprise plan, you can reach out to Simply.Coach for more information.

Why Choose Simply.Coach for Your Coaching Business?

Simply.Coach is built specifically for coaches like yourself, offering you tools that are perfectly suited for your unique needs. Here’s why Simply.Coach stands out:

• Tailored for coaches: Unlike general CRM platforms, Simply.Coach focuses on the specific needs of coaching professionals. From customizable coaching frameworks to client progress tracking, every feature is designed with you in mind.
• Transparent pricing: With Simply.Coach, you can say goodbye to hidden fees. Our pricing is simple and upfront, so you can budget your coaching business without worrying about surprise costs.
• Seamless integrations: Easily integrate Simply.Coach with Zoom, Stripe, Google Calendar, and more, streamlining your workflow and ensuring your business runs smoothly.
• No hidden fees: Unlike HoneyBook pricing & fees, Simply.Coach does not charge additional transaction fees for payment processing. You can collect payments through cards, (Visa & Mastercard worldwide), wallets, (Including Google & Apple pay, WeChat & more) buy now pay later options, vouchers & bank debits with ease.
• Robust security: Simply.Coach prioritize your clients’ security with AES 256-bit encryption and FIPS 140-2 compliant TLS encryption for data in transit.

Ready to Experience Simply.Coach?

By understanding HoneyBook pricing & fees and comparing it to Simply.Coach’s transparent pricing, you can make an informed decision about the platform that best fits your coaching business needs. Whether you’re just starting out or scaling a large business, Simply.Coach provides everything you need to succeed, without the extra costs.

If you’re ready to elevate your coaching business with a platform designed specifically for coaches, schedule a demo or sign up for a 14-day free trial with Simply.Coach today. Experience the difference of transparent pricing, robust client management tools, and a coaching-centric approach that empowers you to deliver exceptional results.