If scientists are correct, COVID-19 is here to stay. According to Dr. Gregory Poland, director of Mayo Clinic's Vaccine Research Group, respiratory viruses and their accompanying hospital stays are expected to be a seasonal threat to individuals across the world. Even now, an emerging virus from China, the H1N1 influenza virus, looms in our future. For gyms, fitness studios, and health clubs, navigating this tricky territory is job number one, as their business model relies on individuals congregating in a social, highly physical, generally closed environment. To keep members safe, gym owners must implement social distancing measures that, in and [...]
Read more...
Because my gym has been doing well recently, I've been forced to analyze all my financials. I say this because I had been solely relying on the competence of my bookkeepers for the past couple of years, blindly thinking that they would do a good job. I was so wrong! The past few weeks, I have been scrambling to brush up on basic accounting principals in order to answer basic questions that are not clearly defined by the books. That means I am completely redoing everything that the bookkeeper did (or in my opinion, did not do). The Jerry Seinfeld [...]
Read more...
A lot of jargon is thrown around in the world of fitness. Walk into any gym at any given moment in any part of the world and you will hear a conversation about too much muscle one day going through some magical, Narnia-like metamorphic journey to fat. Well, if muscle cells can somehow break the laws of everything humankind has discovered about biology, then be careful because your fingers could just as likely turn into a pack of hungry wolverines at some point. Many popular fitness terms are riddled in conversations like the one mentioned above. Probably the most popular [...]
Read more...
