Category Archives: Starting Up

Opening a Gym or Fitness Studio in 2021? Part II: Research & Negotiations

Opening a gym part two_the fitness cpa

Welcome back to our two-part series on our guide for opening a gym franchise in 2021, based on a recent podcast appearance on All Things Franchising. 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 business owners through the process […]

Opening a Gym or Fitness Studio in 2021? Part I: Read This First

Opening a Gym in 2021_The Fitness CPA

We recently made a guest appearance over on the popular podcast, All Things Franchising, where we shared our insight on opening a gym in 2021 and the future of the fitness industry. 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 […]

Are Gyms Required to Buy Labor Law Posters?

California Labor Laws Poster_The Fitness CPA

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 […]

How-to Preserve Cash Flow… Or What’s Left Of It

CORONAVIRUS FITNESS BUSINESS_CASH FLOW

 Follow us on YouTube and click to watch Eric discuss the topic here!   This is the first in a special COVID-19 series of blogs and videos to help our clients and other fitness business owners through these difficult times. First and foremost, our heart goes out to all closed fitness facilities, and most […]

How Small Routine Checks Can Improve Your Fitness Business

Improve Fitness Studio with Small Changes

We recently did a webinar with Nexo Insurance Services, an insurance company with decades of experience focused purely in the fitness industry.  We discussed what fitness businesses can do to improve their business from both an insurance and accounting point of view. Insurance & accounting… riveting, we know! The webinar sparked a few interesting topics, […]

Managing Employee Costs as a Fitness Business Owner

Managing Employee Costs in Fitness Business

 Follow us on YouTube and click to watch Eric discuss the topic here!   Maybe you are interested in opening a studio and don’t know where to start, we can help you before you make the mistakes. Or maybe, you’ve been running your fitness business quite successfully for some time now. You’ve run a […]

Where is All the Money Going in Your Fitness Business?

The Fitness CPA_Improving Fitness Business Revenue

Follow us on YouTube and click to watch Eric discuss the topic here!   While your fitness business may be surviving you might be asking yourself, “where is all my money going at the end of the day?” “As hard as I work, shouldn’t I have some money left over after paying the bills?” “I’m […]

10 Tips For Your Fitness Retail Space

Fitness Center Accounting Retail Tips

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 […]

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 […]