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 […]
Author Archives: Eric Killian
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? Do you prefer to watch instead of read? Check us out on [...]
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. Prefer to watch instead of read? Check out our YouTube video here! 1. You think a fitness business will make you rich. It might also […]
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. [...]