Running a gym is a recurring-revenue business with recurring expenses—and merchant account fees are one of the most misunderstood costs on the profit-and-loss statement. You may see a “processing rate” advertised online, but your real expense is the total of dozens of moving pieces: card brand charges, bank charges, processor...
How to Set Up a Merchant Account for Your Fitness Business
If you run a gym, yoga studio, CrossFit box, personal training business, or online coaching brand, setting up a merchant account for your fitness business is one of the most important steps in getting paid reliably. In today’s U.S. market, members expect to tap, swipe, or pay online in seconds....