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.
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.
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.
What should a management services agreement template include? Parties involved. Clearly identify the client (the party receiving the services) and the service provider (the party delivering the services). Scope of services. Term and termination. Compensation. Performance metrics. Confidentiality. Dispute resolution. Compliance.
Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.