As a gym owner, you should know that keeping track of financial performance is essential to your gym business’s success. For that reason, one of the most critical financial documents that you’ll need to understand is the Profit and Loss (P&L) statement. A P&L statement is a financial statement that shows a company's revenues, expenses, and net income[...]

It’s common knowledge that business owners can claim tax deductions to offset their operational expenses and tax liability. Despite there being some common credits available for fitness professionals, did you know that there are CrossFit tax deductions for affiliates, trainers, and box operators? As a fitness professional, one of the best things you[...]