Category Archives: Starting up

Your Guide to Rent Abatement With a Full Downloadable Script

 Follow us on YouTube and click to watch Eric discuss the topic here!   “Hope is not a strategy, action will be rewarded” Vince Lombardi paraphrased by David C Baker   Welcome back to The Fitness CPA’s Covid-19 series. If you missed last week’s video and/or blog, you can check out what we recommend […]

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 […]

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 […]

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 […]

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 […]