Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Today on the show Shawn and I are welcoming Landon Troyer of WealthPlan partners  to talk about life insurance. When it comes to this topic, there’s a lot to dig into from business succession planning, key employee retention strategies, buy-sell funding strategies, or just plan life insurance that’s best suited for you. There’s a lot of not so great information out there when it comes to life insurance, so we thought it would be a great idea to hear it straight from an educated source. This is the Fit CFO Show.

In this episode we breakdown all the different reasons one would need life insurance, for both personal and business. Things like buy sell agreements, key person retention strategies, and ways to fund through life insurance.

We also talked about all the different types of life insurance that exist, and what to watch out for. Have you heard of life insurance banking or be your own bank? We address that too!

To learn more about working with an insurance professional on your life insurance needs?? That is something we can help guide you in the right direction on, so remember if you're a health and fitness entrepreneur, to join our free facebook financial blueprint group, we have a lot of free resources, monthly training and Q&A from a Fit CFO.

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Join the: Fitness Business Financial Blueprint Facebook group 

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*this material is for educational purposes only, seek a professional for advice regarding your specific situation

Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

We talk all the time about protecting your personal assets from your business by creating an LLC, tax savings by creating an S Corp when necessary, separating your personal finances from your business, but how do encompass this so that we can achieve milestones or goals in our business. That is what we will be breaking down for you on today's episode of The Fit CFO Show.

Knowing where you’re really at and where you want to is arguably the most challenging part of running a business and you can’t create real goals without understanding and knowing this data about your business. Having the ability to track this data will help you develop your goal and therefore your business in achieving its goals. The most important thing to understand as a health and fitness entrepreneur is your margins and KPI’s. There are about 5 main KPI’s you need to be tracking in your business, but the most important one is your Gross profit margin and remember when it comes to your GPM, you can’t outrun a poor one, you can only fix it.

To learn more about how you can begin tracking your data, understanding how to create goals with this data and track your businesses kpis’s head to fitcfo.com or the link in our show notes for the link to our Financial blueprint course that will give you the tools you need to accomplish this on your own, if you want to learn more about working with Fit CFO one on one, meaning you don’t want to have to worry about any of it, head to fitcfo.com/contact, the form will go to me and we will hop on a call and I’ll answer questions about your business and tell you more about Fit CFO. 

Remember if you're a health and fitness entrepreneur, to join our FREE Facebook Financial Blueprint Group, Exclusive to Fit Pros, we have a lot of free resources, monthly training and Q&A from a Fit CFO.

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Join the: Fitness Business Financial Blueprint Facebook group 

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Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

The 4th quarter is quickly coming to an end and you are one of two people in these next couple of weeks. You're the hit it home and finish it out strong, OR the, I’ve hustled all year and it’s time to chill before we blaze into the next one.

Either way, this is an important part of the year as a business owner and if you’re not taking advantage of it, you may be missing out on a lot of benefits for your business and yourself personally.

Let's get into the ins and outs of what you need to know for year end tax planning and why, if you’re a business owner, it's important to start thinking of your tax year ending December 31st, instead of April 15th.

The Top 5 tax strategies for Fitness Entrepreneurs

This is The Fit CFO Show!

There are several different tax strategies you can take advantage of to help with your taxable situation, a lot of them however have different phase outs and cut offs, so it’s important to start thinking of your tax season ending 12/31 going forward and not april 15, plus you’ll feel better knowing you’ve got things taken care of ahead of time and these are again reasons why having cash in your profit account will allow you to take advantage of more savings strategies.

As always, this is for educational purposes, seek a professional for your specific situation!

Do you find yourself stuck when it comes to business structure, organization and even taxes, well you’re not alone. Many health and fitness professionals find it easier to avoid these altogether until the feeling of overwhelm comes around again because of tax time. That’s why Fit CFO has created the Financial Blueprint for Fit Pros where you’ll learn all the Do it yourself strategies for your business, this course is perfect for fitpros making less than $10k per month, head over to our website https://www.fitcfo.com/financial-blueprint to learn more.

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Be sure to join the private Fitness Business Financial Blueprint Facebook group exclusive to health and fitness entrepreneurs.

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Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Today on the Show, Shawn and I had the opportunity to talk with Stuart Brauer with WTF Gym talk. Stu is the pure definition of an entrepreneur and a student of his craft, in todays episode we not only get some laughs but we hear from Stu how he’s been able to learn from industry pioneers, network with the best and put out massive amounts of valuable content each month. You’re going to want to listen to this one until the very end, this is the Fit CFO show.

Do you find yourself stuck when it comes to business structure, organization and even taxes, well you’re not alone. Many health and fitness professionals find it easier to avoid these altogether until the feeling of overwhelm comes around again because of tax time. That’s why Fit CFO has created the Financial Blueprint for Fit Pros where you’ll learn all the Do it yourself strategies for your business, this course is perfect for fitpros making less than $10k per month, head over to our website https://www.fitcfo.com/financial-blueprint to learn more.

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

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WTF Gym Talk

Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

As a health and fit pro you are probably starting to think about your goals for 2023, if you’re not you should be. Well a lot of other business coaches out there will have you focus on one thing, goal setting for the year to come. This is great, but it won’t do you much good if it’s just a pipe dream. There are 3 main drivers in hard goal setting for your business and we are going to talk about those today. Today I am here with our managing partner of Fit CFO, Sharrin Fuller who has 20+ years of accounting experience, Sharrin and I are excited to bring you this tactful episode of goal setting for 2023 to help you feel in control of the cash flow in your business!

If you liked this episode, please be sure to subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Excel Forecasting for Dummies DIY Spreadsheet

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Linkedin: Sharrin Fuller

Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Today on the Show I am bringing you the CEO of Credit 2 Capital, Alex Graves and we are bringing you an info packed episode all about credit, personal credit, credit repair, leveraging credit business credit and beyond, basically everything you need to know about credit for you and your fitness business, right here in one episode. Alex has a ton of information for you, including a surprise gift.

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Webinar Sign Up: Financial Blueprint Webinar

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Alex on TikTok

School of Credit Mastery Use code: “fitcfo” for 80% off

Welcome back to the Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Open enrollment for health insurance is quickly approaching, in fact by the time this episode is released, it will be here. Being an entrepreneur is difficult, but adding the stress of one more thing like health insurance can make things sometimes seem impossible, so often a lot of entrepreneurs opt to not even carry something like health insurance.

At Fit CFO it is our mission to make this world a healthier place and we can only do that by helping health and fitness entrepreneurs succeed in business.

Today on the show I want to welcome Jonathan Jacobi to talk about all things health insurance for health and fitness entrepreneurs.

Jonathan Jacobi, Health Markets Insurance

Website: healthmarkets.com/jonathanjacobi

Office: 402-517-0732

Also on: Facebook, twitter, linkedin

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

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Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Do you continually find yourself unprepared for tax time each year, barely having enough time to get your receipts and expenses slapped together for your accountant, let alone even thinking about strategizing for your tax that will be due?

Today on the show, we are going to talk about why October is the best time of year to start thinking about taxes and we are going to give you specific ways that health and fitness professionals can save on taxes for the upcoming tax. This is an info packed podcast so you may want to take some notes, This is the Fit CFO Show!

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If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it with your audience and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Today on the show, we wanted to bring you some big topics that have surfaced recently and will most likely impact many of you financially and we thought it’d be important to bring up. Specifically, the student loan forgiveness act, there’s alot to dig into here, so let’s get to it.

This is the Fit CFO Show!

This episode of The Fit CFO Show is brought to you by Fit Wealth Advisors, Fit wealth advisors is bridging the gap between your business finance and your personal financial wealth. Know where your future is headed. If you liked this episode, subscribe and turn on notifications so you don’t miss a beat.

We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business.

We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Fit CFO

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Welcome back to The Fit CFO Show, I’m your host Amanda Hanquist and together with my husband Shawn we created this podcast as a way to help you reach your business's financial goals. We will break down common financial myths and mistakes in business and share with you the tools and knowledge to take your business to the next level. Our hope is that you will become financially equipped for success in your business and in turn help our mission to make this world a healthier place. If you get valuable information out of this podcast, we ask that you please share it in your stories and leave us a review so that we can continue to grow and help health and fitness businesses succeed!

Today on the show, we thought it was a perfect time because I feel like every influencer out there is talking about this topic without providing any real action on how to mitigate what may or may not happen, or even what it is. So we thought from a real business financial expert's point of view it would be a really great idea to talk about what you really need to do to recession proof not only your business but your personal life as well.This episode of 

The Fit CFO Show is brought to you by Fit Wealth Advisors, Fit wealth advisors is bridging the gap between your business finance and your personal financial wealth. Know where your future is headed.

If you liked this episode, subscribe and turn on notifications so you don’t miss a beat. We’d love it if you’d share this podcast to your Instagram story, facebook page or any of your other social media platforms so that we can help other health and fitness entrepreneurs out there succeed in business. We so appreciate you listening in and until next time, keep your goals high but each step attainable.

Fit Pro Profit Formula

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