If you’re reading this right now, one of two things is true: You’ve contacted us with an inquiry already You’re browsing our content and wondering whether to reach out You’ve dipped your toes in the water. Whether you’re running back to the beach screaming or you’re still there wading ankle-high and undecided, you’ve taken some […]
Author Archives: Eric Killian
24
Jun
Jun
Bank Account Direct Deposit Supporting Documents: Checks vs. Bank Authorization vs. Bank Statements Are you tired of your accountant telling you that your payee’s payroll forms are wrong or missing information? Or, worse, that the bank support and the payee’s paperwork do not match? Well, as “the accountant” I know your frustration. Why do banks […]
Business Ownership, Starting Up
How to Find and Buy a 2nd Generation Fitness Studio for Little or No Money Down
18
Mar
Mar
And Using BizBuySell: The Internet’s Largest Business for Sale Marketplace No, this isn’t a terrible car commercial. And yes, you can really buy an existing fitness studio for little or no money down. If you are thinking about building out your own fitness studio from scratch, hold on for a moment and read this […]
Business Ownership, Starting Up
What are the potential risks and rewards of opening a fitness business?
09
May
May
At The Fitness CPA, we have seen many successful fitness studios. We have also seen mediocre and bankrupt fitness studios. In fact, you’ve probably seen examples of each as well. So, what are the risks and perceived rewards of owning a fitness studio? Risks come in all shapes and sizes. If you’ve invested all of […]
09
May
May
People open fitness studios for a variety of reasons, but they often aren’t the right ones. Here are 10 reasons why it might not be the right fit for you. 1. You think a fitness business will make you rich. It might also make you go broke. 2. You love training clients. You might teach […]
09
May
May
If you are really into fitness and are thinking about starting your own business, you might be wondering if owning a fitness business is right for you. In our experience, there are only two reasons to open a fitness studio: 1. You have enough money to invest. 2. You have a need to create something. […]