By Mitchell Freedman, CPA/PFS
Keeping accurate tax records can help you save money on your fitness business.
I recommend that you claim all ordinary and necessary business deductions to which you are entitled. Here are some potential business deductions that perhaps you haven't thought about.
Do you tell clients that it takes discipline to become physically fit and then retain th...
Tyco, ImClone, Enron, WorldCom. . . . How do these names make you feel about big corporate CEOs? Probably not too warm and fuzzy.
Just as there are some very disturbing trends in the corporate world, there seem to be some equally disturbing ones in the fitness industry. A recent article in a popular men’s fitness magazine, for instance, featured a whole piece on stories fro...
In our last two columns, we discussed
the importance of molding your personal vision and purpose into a mission that
reflects your values. This revamping of who you are and where you want to go in life and business can be reinvigorating. However, one of the most critical elements to leading a successful life lies in having a positive attitude.
All fitness professionals need to write a cover letter or short document at some point. Your abilities as a trainer, teacher or manager are judged by your written words. But are your cover letters making the best possible impression? Do you know how to fashion a document to get the response you want from your readers? Are you as confident with your writing as you are with your fitness skills? If not, take heart! This article provides tips for increasing the effectiveness and readability of your written communication.
Whether you’re a new group exercise coordinator or a seasoned veteran, you may have aspirations to ascend the leadership ladder or grow your fitness career in new directions now or in the future. Some coordinators go on to become regional or corporate managers. Many successfully expand their roles to include workshop presenting or course instruction.
Does the mere suggestion of writing a resumé send you into a nosedive? You are not alone! The gut-level fear of drafting resumés is so commonplace among professionals from every field that, as a resumé writer by profession, I’ve noticed that clients consider the experience as frightening and nerve-racking as speaking in public or undergoing extreme dental procedures. Is it possible to create a resumé without experiencing stress at the top of the Richter scale? The information below should help you quell your tremors.
Has your schedule suddenly opened up? If you are a group exercise instructor, perhaps the number of classes you teach has been reduced; or, as a personal trainer, maybe you have lost a couple of clients who have moved away, gone on vacation or simply decided to exercise on their own. Now you find the hours of your day, once jam-packed with work, stretching endlessly before you.
You’ve decided to start your own personal training business. You’ve conducted a realistic assessment of the market and created a working business plan, so you know how much money you need to finance your start-up. Where do you get that money?