When you are starting a gym, there are a lot of things you need to consider and a lot you need. We help gym owners avoid legal issues. So, from our perspective, it would be a waste of time and money to open a gym leaving it legally exposed. Sure, you will never be 100% legal proof. Anyone can sue you for any reason at any time. However, there are steps we can take to minimize the chances of a mad client suing you. We can also take steps to minimize the impact if that same client file a legal complain. So, here is a basic list of items you need from conception to doors open:
- The Operating Agreement: We assume if you are starting a gym, you at least have a filed LLC. If you don’t know what we are referring to, check out this POST. However, to legitimize your LLC, you need an Operating Agreement. This is a requirement if you want your LLC to actually do it job, Limit Your Liability.
- Commercial Lease: If you aren’t buying your building, then you are renting a space. A commercial lease can make or break your business. First, you need to make sure the lease is in the name of your LLC, not your personal name. Here is more information on Commercial Leases.
- Liability Waiver: Congratulations, you have a space for your gym. Now, before you open your doors, EVERYONE who walks in must sign a waiver before participating.
- Membership Contract: At the very least, if you are taking recurring membership payment, you need a written membership contract. Most states require a written contract with specific notices and other provisions. If you don’t have a membership contract that meets your state’s laws, your contact will be void and you could be looking at other legal penalties. Here are a few things to consider.
This is not an exhaustive list. Every situation is different and your situation may require more than this. However, this will get you started. This also assumes you will be the primary owner/operator for a while. Once you start making money, and are ready to hire someone, then you are an established gym owner and there are a few other things to consider. Check out our blog for more.