Raise your hand if you received a PPP loan last year. Quite a few of you likely took advantage of that opportunity. If that loan happened to be enough to cover all your employee wages for last year, then well done. I hope that has given you a great head start on growing your business this year. For some of you it…
Human or Robot? How are you perceived by the community you serve? How are you perceived by those you are marketing to? As owners of a small business, you are the face of your company whether you want to be or not. Just relax, be you and show your human side. Below is a guest blog post by Karina Briggs Owner of Purple Door…
Today, I had the opportunity to sit and have a conversation with Billy Hofacker, a successful gym owner and business coach. We discuss how he navigated the awfulness of 2020, from the start of COVID and business and gyms shutting down across the county to tentative reopenings. He shares with us some things that he felt went right and is also transparent about…
Ok guys, hard facts time… You cannot count on selling your gym as your only retirement plan. That’s just not how it works in this industry, unfortunately. The truth, at best, with great systems and resources, I have seen gyms sell for just a little more than their annual revenue. Typically, however, a gym would normally just be purchased for its assets. …
Over the past weekend, I had a potential new member reach out to me, looking to possibly join my gym. In their message, they mentioned that their previous gym had closed its doors and that is why they were looking elsewhere. Being the opportunist that I am, I got a bit more information and then ended up reaching out directly to that gym…
Can you write off your vehicle? The answer is yes… but there are some things you should know before learning how to deduct your vehicle. As a business owner it’s exciting to think about deducting all these expenses. However, the IRS is very good at making things complicated. It can be hard to know what specific expense can be deducted and what they…
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