Do you work in the health and fitness industry? There are tax deductions suited to your industry that you can include in your next tax in order to maximise your return! In this blog post, we’re sharing with you some of the common tax deductions for personal trainers.

One of the keys to success when it comes to starting a personal training business is following tried and true advice from experts. With a combined 30+ years of experience in business, Iron Advisory has a long history of equipping personal trainers with the know-how to start and build up their own profitable personal training business. In this post, we’re sharing our top tips on how to build a profitable PT business.

When most people think of earning money as a personal trainer, they assume it’s all about selling one-on-one training sessions. But there are so many opportunities beyond this that can boost your revenue and diversify your income. Here are 6 ways to diversify your income as a personal trainer.

Running a personal training business can be hard work! Apart from the usual small business compliance requirements such as GST, income tax, and PAYG, you also have to contend with early starts, late finishes, maintenance of gym equipment, client intake and management, marketing, payment, and occupational health and safety issues... it’s a lot to take on! If you’re a personal trainer or someone who is looking to get into this field, we recommend you take on board these accounting tips, so you can run the financial side of your business in the best way possible!

Proper planning and strategising before launching your business is key to its success, and the same can be said for starting a gym. Too often entrepreneurs rush into new business ventures without taking the time to consider all the small things. By the time they realise what they’ve gotten themselves into, it’s too late and they end up closing down. Taking the time to consider everything before launching will help your new gym last the test of time. Are you a personal trainer looking to take that step into becoming a gym owner? Here are 5 things you need to consider before opening a gym.

Claiming the maximum amount of deductions allowable is what we all want to be able to do. Working in the health and fitness industry their are some specific claims that you want to pick up in your tax.