7 Tax Strategies to Save Big Money as a Gym Owner

Tax season doesn’t have to be a headache; smart planning can reduce stress and save gym owners money. In this episode of “Run a Profitable Gym,” former multi-gym owner John Franklin joins host Mike Warkentin to share seven tax strategies every fitness entrepreneur should know: - Keep your books clean and updated. - Get a tax estimate. - Don’t waste money to "save on taxes." - Hire your kids. - Use bonus depreciation. - Max out retirement contributions. - Open a health savings account (HSA)....

Om Podcasten

Run a Profitable Gym is packed with business tools for gym owners and CrossFit affiliates. This is actionable, data-backed business advice for all gym owners, including those who own personal training studios, fitness franchises, and strength and conditioning gyms. Broke gym owner Chris Cooper turned a struggling gym into an asset, then built a multi-million-dollar mentoring company to help other fitness entrepreneurs do the same thing. Every week, Chris presents the top tactics for building a profitable gym, as well as real success stories from gym owners who have found incredible success through Two-Brain Business mentorship. Chris’s goal is to create millionaire gym owners. Subscribe to Run a Profitable Gym and you could be one of them.