Author Archives: Eric Killian

Where is All the Money Going in Your Fitness Business?

The Fitness CPA_Improving Fitness Business Revenue

Follow us on YouTube and click to watch Eric discuss the topic here!   While your fitness business may be surviving you might be asking yourself, “where is all my money going at the end of the day?” “As hard as I work, shouldn’t I have some money left over after paying the bills?” “I’m […]

What Gym Retail Can Mean For Your Fitness Business

If you opened this page expecting to read a convincing case for why you should open a retail space at your gym, we might disappoint. It turns out retail business – especially gym retail business – is hard. Burpees at the end of a long training session hard.   We’re going to be real with […]

10 Tips For Your Fitness Retail Space

Fitness Center Accounting Retail Tips

If you’re reading this right now, you’re probably wanting a few (or 10) tips on how to improve your fitness retail space. We’ll get to that, I promise. But first let’s go over what retail should & should not mean for your fitness business. In our opinion, your retail space is an add-on. It should […]

Diary of a CPA’s First Cyclebar Class – What You Can Take Away from My Experience

cycle bar victory

First, know this. We love working out with our people. Last week, I went to my first cycling class at Cyclebar Fort Collins. I’ve taken part in all kinds of fitness classes such Pilates, Crossfit, HIIT, and every level of yoga. To be completely honest, I can’t believe it has taken me this long to […]

5 Reasons Fitness Business Owners Aren’t Working With Us (Yet)

Fitness business owner laptop

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 […]

What Bank Support is Required to Ensure Safe and Secure Direct Deposits to Employees?

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 […]

How to Find and Buy a 2nd Generation Fitness Studio for Little or No Money Down

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 […]

What are the potential risks and rewards of opening a fitness business?

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 […]

10 Reasons Not to Open a Fitness Studio

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 […]