I have been a trainer for 2 years now in August. I started off working for LA Fitness in Michigan where i live and the pay was horrible for having a bachelors degree first of all. I had great clientele, but left in search of another job with a different gym because the amount i was making was not enough to take care of my son. Now i am at Anytime Fitness where i absolutely hate where i train. I need to setup my own LLC but do not know how to even start that. Help on why Michigan is so bad with personal trainers making a living for themselves and just starting out?
Hi Holly. While setting up an LLC is truly pretty simple, unless you have some legal training, I’d highly recommend that you find yourself a good business attorney to help you with this. While this is NOT a legal opinion, I’d say that LLC’s truly give most of us the ‘best of both worlds’ in that in most instances you can operate it almost as if it’s a sole proprietorship, yet you get the liability protections of having a separate entity (similar to having a corporation). Talk to your attorney about your particular situation and whether an LLC is a good option. In almost every case it’s worth it!