Tag Archives: gym accounting

This Is Why It’s Not Too Late to Get Thousands in PPP & EIDL $$$

We know you’re frustrated – we are too. But if you’re a gym or fitness studio, please read this blog closely. This may be your final opportunity to obtain thousands of dollars in PPP and EIDL funds (or to be next in line if they are refunded at a later time).   If you’d rather […]

More PPP Funding is Coming. Act Now and Get Thousands $$$

We’re not pitching accounting services today, hell, you might not be open next month if you don’t get some cash coming in. Today, we’re getting you money from the next round of PPP funding so you can keep your business open. Do you want to keep fighting and keep your business alive? Then read on […]

Questions Answered Around Economic Injury Disaster Loans & Paycheck Protection Program

government bailouts_ppp_eidl Q&A

More Questions Answered Around Economic Injury Disaster Loans & Paycheck Protection Program A lot of questions have come up regarding the new Government CARES Act and how it applies to gyms, boxes, yoga, barre and cycling studios. Today we’re answering 18 of your questions about the government bailout Paycheck Protection Program (PPP) and Economic Impact […]

What to Do with Your Fitness Employees: Unemployment and the Paycheck Protection Program

employee unemployment claim and paycheck protection program

  As business owners, employees are high on the list of our concerns. For many of us, employees are like family; we work, sweat, and play together. So how do we treat our extended family during COVID-19? And what can we do to ensure they can provide for their families during these unprecedented times, while […]

Final-ish Guidance on Free Bailout Money for Your Gym or Fitness Business

  Final guidance on the Paycheck Protection Program is here at this link. It was released Thursday, April 2 around 7pm ET. We have no resources or educators guiding us on this short timeline. Please note it is also called “Interim Final Rule” which is a bit of an oxymoron. Is it final, or it […]

Bailout Money Q&A for the Paycheck Protection Program PPP

Bailout Money Q&A for the Paycheck Protection Program                    UPDATES have been made to the Paycheck Protection Program as of April 2, 2020 – Read Updated Q&A Here.      We also did a second round of 18 Q&A’s you can read here: Government Bailouts, PPP & […]

Everybody Gets a Bailout! Which One is Best for Gym & Fitness Business Owners?

Follow us on YouTube and click to watch Eric discuss the topic here!   The original title of this article was “Which Government CARES Act Pays You The Most? With Downloadable Decision Matrix” but I think we did a much better job with the ode to the woman, the myth, the legend, Oprah herself – […]

Rent Abatement Guide 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, […]