Because they are all equally relevant to your future as a gym owner. Step 1: Executive Summary. Step 2: Company Overview. Step 3: Management. Step 4: Market Research and Marketing. Step 5: Services and Amenities. Step 6: Financial Projections. Step 7: Financial forecasting. Step 8: Financial Strategy.
What Should be Included? Services (training routine) The trainer agrees to provide a service. Training Schedule. A schedule should be defined that mentions the length of each session (commonly 30-90 min) and when it will occur during the week. Fees. Term. Trainer's Obligations. Disclosure. Release of Liability (addendum)
Your gym should let you cancel your contract if you have a serious injury or illness that is preventing you from exercise. You'll need to get evidence from a doctor or medical professional to prove that you can't exercise. Talk to the manager at your gym.
A personal training contract is a legally binding agreement between a personal trainer (that's you) and a client. This type of customized contract differs from more general service contracts because it focuses specifically on fitness instruction and coaching.
Depending on whether the trainer is an “independent” or a facility trainer it can vary highly. In commercial gyms here in Southern California the split can be close to 60/40 with 60% going to the facility (holds true for LA Fitness, 24 Hour Fitness, UFC Gym, Golds Gym, etc.).
Since gym contracts are usually binding legal documents, it is important to have a copy of them and keep them in a safe place. Your gym should be able to provide you with your contract. Gym chains can also have their membership requirements on their website.
A simple contract might include an agreement between two acquaintances to exchange one service for another. For example, if one person is a plumber and the other an electrician, they might agree to complete certain work for each other as a trade exchange.
How to draft a contract between two parties: A step-by-step checklist Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.
How to draft a contract between two parties: A step-by-step checklist Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.