BUILDING A PROFIT + LOSS STATEMENT
As a fitness entrepreneur, do you have any of the following goals:
Build a retirement nest egg so that you are set for a comfortable life as a senior
Successfully forecast your upcoming monthly and annual income and expenses
Put away enough money to afford a BIG vacation trip within the coming year
Purchase a home and/or possibly open your own facility
If you answered ‘YES’ to any of these goals, then you MUST track your income and expenses (both personal and business) on a monthly basis using a ‘Profit Loss’ tracker. Not only will gain confidence in understanding both the current and forecasted financial health of both your personal and business life, but you will also sleep much more soundly each night. Trust me on that one.