Michael Wilkesen

Each time you invest in new dumbbells, treadmills, or any studio upgrade, you’re adding valuable assets that can be tracked and deducted over time. Equipment purchases for fitness businesses typically fall under dedicated bookkeeping codes in your chart of accounts (e.g., “Equipment Purchases” or “Asset Depreciation”), ensuring your spend delivers ongoing financial benefits—even years after the initial buy. Deductible gear includes weights, cardio machines, mats, recovery tech, and even...

Running a personal training business can be incredibly rewarding. You get to help people achieve their fitness goals while doing...

Running a wellness business can be incredibly rewarding. You get to help people improve their lives, whether through fitness, nutrition,...