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Day: September 5, 2016

Make Six Figures As a Personal Trainer and Live a Life You Love

Make Six Figures as a Personal Trainer and Have a Life

How much do top-of-the-line personal trainers make? Well, when I compare what I make as a personal trainer to the millions so many people on the Internet claim to be earning in the fitness industry, it feels like chump change. For example, I got a hard-sell automated e-mail message from a fitness marketer a while back, in which he claimed he’s a millionaire and that one of his friends is earning more than 150k–a month. I don’t make much more than that a year as a personal trainer so I know that such “success stories” can make you feel as though you’re heading down the wrong career path. So why pursue top-level training? Why should someone want to be a personal trainer and earn just 100K? Well the answer has nothing to do with money.

Don’t get me wrong; income’s important, but there are other things to consider, such as:

– What’s your take-home pay?

– How many hours do you work?

– Do you enjoy your job?

– Where are you headed, professionally?

– Are you the kind of person you want to be?

– Does your work fulfill or bore you?

These are the factors to weigh when deciding how much importance to place on how much you earn because they’re what being a top-level trainer is about. It has nothing to do with the income, because when you take all the factors into account, what this profession offers you is way more than just what the 100K represents.

Not that anything’s wrong with earning six-figures…After all, a $100,000 income has a certain cache and significance in America.

It signifies membership into the consumer society. You can now participate in and enjoy what people call the American dream and way of life. When you stop to think about it, our entire consumer society and marketing is devoted to these six figure earners. For example:

– You can afford payments on a Mercedes Benz.

– You can save enough to buy a home.

– You can afford to build a high-fashion wardrobe.

– You can take vacations to places to domestic resorts and abroad.

– You can afford to put away about 10{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} of your income each year.

Is all this superficial? Yeah, but if you can’t have or do these things, you’re going to feel left out, as though you’re one of the un-cool kids that can’t get into the party. But, consider the price of admission to that party. We get to feeling it’ll take millions of dollars to live a comfortable and appealing lifestyle. So, we wind up working for years

on end and sacrificing the best years of over lives and countless other things to get the kind of lives we want but wind up squandering much of them in that pursuit. We fail to realize is that just a simple plan to six figures in earnings would have got us there! I remember …

The Importance of Accounting For Small Businesses

When starting your own small business one of the most important aspects to think about is the accounting process and how you choose to account all of your financial information. It is important to understand that the accounting of your business’s financial information needs to be accurate or else your business may not be as successful as intended. Even if you don’t like accounting or numbers, there is no way to avoid accounting for a business. The purpose of accounting for a business is to have a record of the receipts and expenditures of it’s daily activities. Also, accounting makes it available for the business owners to assess and analyze the business’s performance. This will help the owner to decide what improvements they need to make, or what practices to keep doing in order to keep the company at it’s successful place.

In order to file for tax returns, apply for a loan to expand your business, or for certain legal purposes, accounting is necessary. Accounting for your small business is also important so you are able to assess your financial performance. The financial statements such as the balance sheet and cash flow statement show financial information that is important in the success of your business. The balance sheet shows how much your business is worth and what your assets are. The cash flow statement shows where the future cash needs of your business are. Without any of these financial statements your business would not be able to account for the revenues and profits made from day to day, which results in mistakes and inaccurate records.

In the tough economic times we are facing today, having accurate accounting is necessary. There are so many firms that can assist you in accounting for your small business. So many small business owners believe that they need to be able to do their own finances and take the accounting in their own manners. However, that surely is not the case. It is much better to hire a firm that is respectable and can help assist your company in the accounting department. That way, while the firm is handling your accounting necessities, you can be improving your business by putting your name out there to draw in more clients, keep a strong relationship with existing clients, and encourage your employees constantly so that they, too, are putting their best efforts towards your company. This will definitely improve your business and help you as the small business owner to feel more confident and less stressed, knowing that your finances are safe with a trusted accounting firm. There are too many instances where small business owners have tried to take accounting into their own hands, and unfortunately have not succeeded in the process. If you want to have a successful business, you have to learn to keep the accounting out of your job task. In addition to hiring an accountant, as the business owner it is important to purchase accounting software, such as QuickBooks. This type …