Gain a clear understanding of net profit for your fitness business and take the first step toward financial stability.
Category Archives: Business Ownership
22
Nov
Nov
Running a fitness business is all fun and games until your accountant starts talking about income statements and balance sheet for gyms. Suddenly, you’re lost in terms that sound important but don’t make much sense. You probably know they’re key to understanding your business’s financial health, but they can still feel overwhelming. And it’s not […]
10
Sep
Sep
From time to time, we make guest appearances over on the popular podcast, All Things Franchising, where we share our insights on gym franchising and the fitness industry as a whole. If you haven’t tuned in yet, All Things Franchising is hosted by Linda Ballesteros of Mpower Franchise Consulting, a consulting company that helps new […]
25
Aug
Aug
How can you convert new members to go back to your gym? Our very own Fitness CPA owner, Eric Killian, gives a tip on how to help new customers build a healthy gym habit and his game-changing book recommendation.
30
Jul
Jul
If you’re in the fitness industry, chances are you’ve offered a free introductory promotion to new members. Free class, free week, free month – you name it! And while this may be a popular tool to get people in the door, is it really the best approach to growing your business? At The Fitness CPA, […]
30
Jun
Jun
Trainers and fitness coaches talk a lot about doing the “extra 1%”; a principle that when consistently applied, transforms seemingly small actions into noticeable progress. For those committed to fitness, the “extra 1%” could mean doing the extra rep, using your best form even when the instructor isn’t watching, or finishing the final 30 seconds [...]
16
Jun
Jun
Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
28
Mar
Mar
Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
22
Aug
Aug
Today’s guest post is by The Fitness CPA’s recommended human resources company, ERG HR. If you haven’t yet heard of ERG for fitness HR services, we strongly recommend you check them out! Most fitness business leaders don’t have the time or expertise to properly manage HR compliance. ERG created a simple framework that combines people […]