Episode 285: Gym Owners' Legal Checklist: Avoiding Costly Mistakes and Planning for Growth
What We Cover In This Episode:
The difference between an LLC and an S-Corp, and how that affects liability, taxation and future growth [4:31]
What the purpose of a legal entity is, and how it protects your personal assets from business lawsuits [7:04]
How to negotiate commercial leases effectively, plus the strategies you can use to protect your wealth [15:45]
What makes membership and staff agreements critical for a new gym business and why not having these in place isn't an option [19:33]
The significant financial risks of misclassifying staff and how the true costs this type of mistake can…
The skinny
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