Do you want to know the legal requirements you need to start a gym house? If YES, here is a checklist of gym house licenses, permits & insurance.
Having provided you with a:
- Fitness Industry Overview
- Market Research and Feasibility
- Gym Business Plan
- Fitness Center Marketing Plan
- Gym Business Name ideas
- Gym Licenses and Permits
- Cost for Starting a Gym
- Gym House Marketing ideas
We will consider what it takes to get operating license and permit for your gym house including insurance coverage and intellectual property protection.
Starting a Gym House – Licenses, Permits & Insurance
- Is Professional Certification Needed to Start a Gym Business?
The qualifications that gyms look for in a physical trainer vary. Nearly all physical trainers are expected to be athletic and fit themselves and to possess a good knowledge of anatomy and healthy exercise practices. An academic background in health or biology may be required. Good physical trainers are also friendly, open, and personable with a wide variety of clients.
Personal trainers can obtain certification from a variety of private agencies. However, the standards used by these agencies can vary greatly in terms of strictness. Some major fitness chains don’t require their trainers to be certified by one of these private agencies.
List of Legal Document Needed to Start a Gym Business
Register your business with the government. Laws vary by state. Talk to your local Department of Commerce and Department of Licensing to receive the forms that you need to establish your business and to learn if you need a license to do gym business.
You can notify the federal government of your business by applying for an Employer Identification Number (EIN). You can also create a business name for yourself and file a “Doing Business As” or “DBA” notice. These are some of the basic legal document that you are expected to have in place if you want to start a gym business in the United States of America;
- Certificate of Incorporation
- Business License
- Business Plan
- Non – disclosure Agreement
- Memorandum of Understanding (MoU)
- Employment Agreement (offer letters)
- Operating Agreement
- Company By laws
- Operating Agreement for LLCs
- Insurance Policy
Selecting the Best Insurance Policy Needed for a Gym Business
Gyms are places where injuries and accidents happen. Purchasing some form of business insurance will protect the business. Contact your homeowner’s insurance agent for a referral to an agent who specializes in business insurance. Purchase business insurance such as general liability, workers’ compensation if hiring employees, product insurance or home-based business insurance to protect business assets in the event of a lawsuit or settlement.
Worker’s compensation insurance covers employee accident or injury while on the job. You may also need to purchase a surety bond. A surety bond helps promote an honest relationship between business owner and customer. In the event of a lawsuit or settlement, the state may use the bond to pay for legal expenses.
Getting Intellectual Property Protection and Trademark
If you are considering starting your own gym, then you should consider filing for intellectual property protection. Filing for intellectual property protection for your firm is not only limited to your company’s logo and other documents, and but also protecting of course the name of your company.
If you want to file for intellectual property protection and also register your trademark in the United States, then you are expected to begin the process by filing an application with the USPTO. The final approval of your trademark is subjected to the review of attorneys as required by USPTO.