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Are Gyms Required to Buy Labor Law Posters?
Whether you’ve just opened a new fitness business or you’ve owned one for multiple years, you likely continue receiving these strange notices in the mail: “Buy these workplace posters to display around your gym or be penalized with hefty fines and lawsuits.” The jargon is usually wordier than that… …and almost always accompanied by nice […]
READ MOREHow To Register for a New California Sales Tax License (a Step-by-Step Walk Through for Fitness Businesses)
Congratulations! You’re opening a new gym, Crossfit box, HIIT, cycling, yoga, or other fitness studio in California and you need to register for a sales tax license. We’ve registered more than 100 businesses across the nation so we understand how confusing the process can be, especially if this is your first time. By the end […]
READ MOREAdding COVID-19 To Your Gym Liability Waiver
You may remember the guys over at NEXO Fitness Solutions from a previous blog post when we spoke about small changes that add up to big changes in a fitness business. They are our go-to experts for everything insurance and equipment financing, with decades of experience focused purely in the fitness industry. Today, they are […]
READ MOREHow to Stop Missing Credit Card Payments
As a new fitness business owner, swiping a credit card is all too easy. “It’s on the business.” “Time to change out this dinosaur treadmill.” “Lunch is on me!” A couple quick swipes of a credit card and you’re the proud new owner of the latest Elliptical X 3.0 and a room full of other […]
READ MOREPPP: Why You Shouldn’t Complete the Forgiveness Application
We’ve had several clients ask recently about the PPP loan forgiveness application. When are applications due? Have I missed the application form? Can The Fitness CPA complete it? We can understand the urge to put the rollercoaster of the Paycheck Protection Program firmly in the past. But our answers to the questions are simply: The […]
READ MOREHow important are Google reviews for gyms and fitness studios?
We’ve all heard the expression that “location, location, location!” matters when it comes to the success of restaurants. But have you heard the one that goes, “reviews, reviews, reviews” leads to the success of gyms and fitness studios? We’re making it an expression now. Google reviews are the #1 way gym businesses can increase their […]
READ MOREGuest Post: Will Your Fitness Business Survive COVID-19?
Here at The Fitness CPA, we speak a lot about what it takes to be a successful fitness business owner. More often than not, the success of a gym boils down to the actions (or inactions) of its owner. If that doesn’t sit well with you, it might be worth diving in to figure out […]
READ MOREDifficult Decisions Fitness Business Owners Need to Make Now
We recently made a guest appearance over on a popular fitness podcast, The Fitness Founders Podcast. If you haven’t heard of it yet, it’s a weekly podcast put on by the guys at Glofox to discuss all things fitness, entrepreneurship & business with inspirational* fitness industry leaders. (*Their words, not mine.) You can check out […]
READ MORE75 Questions About PPP, EIDL & Surviving COVID-19 As a Gym or Fitness Studio
We recently hosted a roundtable webinar with Club Industry over on their platform about surviving COVID-19 as a fitness business owner, which government funds to use, how to create new revenue streams and more. Since the webinar, we’ve received over 70 questions by listeners wanting more information about their own financial situations or post-COVID-19 outlooks […]
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