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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...

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 dipped your toes in the water. Whether you’re running back to the beach screaming or you’re still there wading...

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...

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...

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...

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...

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...

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...

10 Reasons to NOT Open a Fitness Business

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...

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