We’re dedicated to helping personal trainers and online coaches navigate their numbers. This allows a personal training business to run more smoothly whilst planning for ongoing growth, rather than flying by the seat of their pants and running into a variety of problems.
Budget, Revise, Repeat
Making a budget is not a one time action, it’s an interactive, evolving, flexible plan that requires your ongoing attention.
Are Coaches & Personal Trainers Terrible With Their Money?
Most coaches and personal trainers are terrible with their money. Sorry, but it’s true. I know because I speak from experience.
Don’t Forget Those Business Expenses You’ve Personally Paid For!
Almost every client that we’ve onboarded to Coach Accounts has been accidentally paying for some of their business expenses through their personal account.
6 Things You Must Do When You Become A Self-Employed Personal Trainer
1. Register As Self-Employed With HMRC To start working as self-employed, you must register with HMRC, which you can do at any time up to 5 October of your b ...
The Truth About Tracking Your Money As A Personal Trainer
If you wonder why there’s never enough money to get you through the month, there’s a simple way to find out: track your spending!
Budgeting Is A Money Plan – Not a Magic Wand For Your Coaching Business
The right budget is a game plan for your money that assigns specific jobs to every pound, whether that job is to pay the electric bill, buy this week’s shopping, or beef up your pension pot.
Don’t Make This Coaching Business Expenses Mistake
A lot of people are confused by the fact that business expenses are deducted from your profits and not your tax bill.
How To Be Money Confident As A Personal Trainer & Coach
So how do you get financial & money confident as a personal trainer or coach?
Don’t Neglect Business Planning As A Personal Trainer
Many small business personal trainers and coaches neglect business planning, but planning puts you back in the driving seat. If you plan your business activities and finances in the right way you can have your best year ever.
Why Sales Income Doesn’t Equal Personal Income For Online Coaches
I often find myself reminding coaches and personal trainers that their sales income does not equal their personal income. I see it all the the time, and experienced it myself … I hit my first 10K month, but didn’t realise it wasn’t all my personal income.
Can You Claim Coaching Client Meals As A Business Expense?
Whether you’re a limited company or sole trader, claiming valid business expenses can reduce your tax bill, but figuring out what you’re allowed to claim can be tricky.