COVID-19 has hit swiftly and significantly for fitness businesses across the industry. Here are our actionable tips for how to preserve cash flow in your fitness business now.
One of the top ways we recommend reducing your costs is looking at your labor costs. These are employment wages that can get out of control in the fitness industry.
Accounting Tip: Putting Your Credit Cards on Automatic Payment – examples from Chase, Wells Fargo and Citibank.