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10 Tips For Your Fitness Retail Space
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 […]READ MORE
Diary of a CPA’s First Cyclebar Class – What You Can Take Away from My Experience
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 […]READ MORE
5 Reasons Fitness Business Owners Aren’t Working With Us (Yet)
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 […]READ MORE
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 […]READ MORE
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 […]READ MORE
What is a Colorado Periodic Report?
A Step-By-Step Guide to Completing and Filing Your Periodic Report So you are sitting down to your computer with a nice cup of coffee and checking your emails for the morning and one message, in particular, stands out to you. It reads “Reminder – Periodic Report Due”. Immediately you think to yourself… What is a […]READ MORE
What to Do When A Former Employee Files an Unemployment Claim?
If you’re reading this article, you likely received a notice from your state unemployment office about a former employee attempting to collect unemployment. Almost every month for the past 12 years, our team has worked with our clients on unemployment claims across seven states. We want to use that knowledge to help you respond to […]READ MORE
How To Register for a New Colorado Sales Tax License (a Step-by-Step Walk Through for Fitness Businesses)
Congratulations – you’re starting a new gym, Crossfit box, HIIT, cycling, yoga, Barre or Pilates studio and you need a sales tax license. We’ve registered nearly 100 businesses in Colorado and other states across the nation and we understand how confusing the process can be, especially if this is your first time. By the end […]READ MORE
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 […]READ MORE