I had a similar gig. I started doing private and one on one goalie coaching sessions until one day I realized I had accidentally started a legit business. It’s hard to give great advice without knowing more details, but here’s some general stuff:
1) Yes, you should track it as income and this will impact your EI and likely will make everything painful.
2) if you see this as a potential business opportunity, set up a corporation try your best to do things “right” off the bat (I guarantee you will make mistakes, I definitely did
3) liability can be complicated. Because I was literally shooting rubber discs at children, I was unable to get reasonable business insurance. As my business grew, I was able to piggy back off of the insurance of the hockey associations I worked with, so you could see how that works with the pools as well. Incorporating also helps with liability.
4) Obvious business advice is obvious, but understand your costs and what you will need to charge to make a profit. And don’t undersell yourself. Find out what your “competitors” are charging. I was 16 at the time and started charging $35 per hour for coaching, which I thought was the biggest win in history. My competitors were charging $75-$100 at the time. This is going to sound crazy, but there were times I was making $250 an hour.
Feel free to PM me if you have more specific questions!
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