As a gym business owner, the costs of owning a gym can be endless. Everything from rent, utility bills, certifications, licenses, insurance, and staff salaries can take a major toll on your finances. Worse yet, this list does not even cover half of the required fees.

As a gym owner or manager, you always spend a lot of time thinking about the amount of money have to spend. It seems like there is always a bill due. You need to pay rent, utilities, staff members, insurance, and the list goes on. You probably have a list of new gym equipment that you'd like to purchase, but you hesitate to spend the money.

With interest rates at record lows, the time to invest in your business is now. For gym owners, few things are more valuable for attracting clients than new, top of the line equipment. While gym equipment can be expensive, dilapidated and worn equipment can create serious hurdles to attracting the level of business you need for success.

The CrossFit Risk Retention Group is the largest insurer of CrossFit Affiliates with approximately 50% of U.S. based Affiliates in the program. This community owned program was created by Affiliates, for Affiliates and its sole purpose to protect the CrossFit community.

As a gym owner, it is crucial to understand that your gym's identity and success are often dependent on how you stock your gym. In fact, according to the IHRSA Health Club Consumer Report, eight of the top ten club attractions cited by gym members are equipment-related. That is why gym operators and owners need to realize how critical it is for them to[...]

Fitness is an integral part of everyone’s health and the market is currently saturated with more fitness facilities than ever. Going just a few miles down a busy street, you might see 10 or more fitness centers. They vary in shape, size, and methodology, but they all have one thing in common aside from health – they need insurance!

What comes to your mind at the mention of the term insurance? For most people, it is about car insurance and personal medical insurance. What you may not know is that your business needs to be insured, as well.

If you thought you only needed medical and car insurance, you are wrong. Every time you have a special event or if you run a business, having an insurance cover is a must-have.

Whether you are preparing for an event to celebrate a milestone in your personal life, profession, or your athletes, it is advisable to have a unique insurance cover. It will[...]

As a gym owner or manager, you have a lot of decisions to make and people and property to take care of on a daily basis. One of the decisions you need to make is about the level and type of business insurance that you need. You don't want to overspend and get the coverage you don't need, but you don't want to come up short when something happens.

Running a gym is a dream job. You get to stay active and make money doing what you love, and you provide a service that makes customers feel great. The liability side of the business can feel a bit closer to a nightmare sometimes though. Gyms can be risky places even with the best safety policies in place. These risks threaten the people that make your[...]