Niles CERTIFIED FINANCIAL PLANNER™ Professional for CrossFit Gym Owners

Outside the Box Financial Advisors Work with CrossFit Gyms

At Outside the Box Financial Planning, a CERTIFIED FINANCIAL PLANNER™ practitioner based in Niles, Illinois, we enjoy working with CrossFit gym owners to manage their business finances and cash flow. Owner Ivan Havrylyan has experience in this business niche and builds long lasting relationships with gym owners who value his knowledge of the business. 

For any CrossFit gym owner, maximizing cash flow is key to operating a successful fitness  business. For new CrossFit owners, it’s important to separate business and personal income and expenses when starting the business. 

“Establish a business credit card, checking, savings, and investment accounts from the outset,” advises Havrylyan. “Set up a paycheck system, such as paying yourself on the 15th and 30th of each month, even when you don’t have income yet.”

According to Havrylyan, setting up processes and systems from the beginning that keep business and personal expenses completely separate is a critical first step in your CrossFit ownership venture. 

For more tips on managing the finances of your Chicagoland CrossFit gym, contact Outside the Box Financial Planning in Niles to schedule a free consultation.