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5 common accounting mistakes that could hurt your gym business

5 common accounting mistakes that could hurt your gym business Many gym and fitness centre owners – especially those just starting out – tend to handle their own accounting and bookkeeping. However, keeping track of the finance-side of the business– everything from income to expenses to tax compliance– can be overwhelming. Mistakes can happen quite […]

The Cash in your bank

Cash solves problems, cash is king  What is cashflow?  Snapshot of business finances, it is a picture of money flowing in and out of a business. This picture shows the long-term financial health. You can track this on a weekly, monthly, quarterly or annual basis.   Why is cashflow important?  It enables you to buy supplies, […]