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?
You’ve already gotten some great advice on setting up your LLC, I’d caution you to be sure you have a solid business plan before letting go of your current position. As a small business owner, you’ll still struggle at times to get clients and establish a reputation. Spend some time now to evaluate what type of business you want (all personal training, small group, boot camps, etc), who will your clients be, where will you train, how/where will you market, cost structure, fees, forms, web presence, business accounts, etc. Learn and take from your past experiences both good and bad.
This is going to be advice from 20,000 training sessions and owning a fitness studio. Starting an LLC will not make money appear. The business does not get easier you will always need new clients and learn how to run a business. The truth is most do not make it as a full time business owner or full time fitness professional. Basically what I am saying is setting up an LLC is extremely easy being a business owner and/or a successful fitness professional is much more challenging.