Increasingly people are focused on their health, diets, and maintaining and toning their bodies. The fitness industry is booming, and gym memberships are rising. Along with this increase in cash flow, however, comes an increase in risk. Just because you're focused on a good workout doesn't mean you want someone to work money out of your wallet. You[...]

A professional employer organization (PEO) can be a valuable tool for gym owners that are searching for ways to save money, especially during a year when nearly every small business is struggling financially. Working extensively with the right PEO can save your gym thousands of dollars each year. At NEXOFit, we are proud to assist a wide variety of gym[...]

You’ve just purchased insurance for your gym. You trust your insurance agent and have no issues signing on the dotted line without reading all the fine print (there is a lot of it…). Great!

Owning a gym is a rewarding opportunity and great for entrepreneurs everywhere. Not only are you offering a location for your members to build and maintain good health, but you are generating a business that you want to be successful financially.

When you are developing a gym business plan, you must outline the following areas of your gym so that when[...]

Owning a gym means that you must invest in insurance options to maintain compliance and simply protect your assets. Working to save money in your gym is easy when you choose NEXO to help you keep your gym operational and affordable.

CrossFit, the elite fitness program may take different shapes at different fitness facilities, but there is a constant—the need for appropriate insurance. If you’re opening a CrossFit gym, or if you’re looking to integrate it into your services, it’s important to think about all the considerations and risks to make sure you have the proper insurance in[...]

Since March of this year when COVID-19 became a stark reality, things have been changing rapidly and many times without warning. Business owners have been doing all they can to adapt and keep their businesses running.

Like so many others, gyms were forced to temporarily close due to the pandemic and owners had to come up with creative solutions,[...]

The key to any good insurance plan is to make sure you get a plan that is the right fit for your business. You need to have the proper insurance you’re legally required to hold, enough coverage to protect your needs, but you don’t want to pay high-cost premiums for factors that don’t apply to you. Click here to see a Sample Crossfit Liability[...]