Frequently asked questions

How do I know if Fit Financials is the right accounting partner for my fitness business?

Fit Financials specialises in accounting services specifically for fitness studios/gyms and fitness coaches. With years of experience serving small businesses like yours, we understand your struggles and challenges; from cash flow management to tax compliance. We’re here to help you gain financial clarity and grow with confidence.

How much does it cost to work with Fit Financials?

We offer a transparent, fixed monthly fee based on your specific needs, so you know exactly what to expect each month. This includes unlimited email and phone support, ensuring you have the guidance you need without hidden costs or surprises.

Will I have to switch my current accounting system?

If you’re not already using Xero, we’ll help you make the switch as part of our setup process. Xero is ideal for fitness businesses, allowing you to easily track expenses, manage cash flow, and access financial reports. We handle the setup and transition, making it as smooth as possible.

How much involvement is required from me during the setup process?

After our initial discovery call and onboarding call, we’ll take care of the rest. Our team will handle the setup, including integrating systems like Xero and Hubdoc. You’ll have minimal involvement, allowing you to get back to your business without any added stress.

How frequently will I receive financial updates and reports?

We provide periodical financial reports based on your needs, including cash flow projections, budgeting insights, and tax updates. This real-time financial data keeps you in the loop and empowers you to make informed business decisions.

What if I need help with a financial question outside of regular reporting?

We offer unlimited phone and email support, so if you have any questions or need advice, we’re just a call or message away. Think of us as your internal finance team - always here when you need us.

Can I switch to Fit Financials even if I’ve been with another accountant?

Absolutely! We handle all aspects of the transition for you, ensuring a smooth handover from your previous accountant. Our team will take care of gathering your financial records and setting up any new systems to make the switch easy and stress-free.

I’ve been doing my own bookkeeping and taxes and I’m really behind in everything, how much work is needed to get everything up to date?

If you’re behind on bookkeeping or tax filings, don’t worry! We offer catch-up accounting and financial clean-up services to get everything in order quickly. Once everything is up-to-date, we’ll help you stay organised and compliant moving forward. Leave the work to us.

How involved do I need to be in managing my finances once I start working with Fit Financials?

Our goal is to take as much off your plate as possible. We’ll manage the details—bookkeeping, tax filings, and financial reporting—so you can focus on running your business. With regular updates and unlimited support, you’ll always know your financial position without being bogged down by the numbers.

Have more questions?

If you didn’t find what you’re looking for, feel free to book a discovery call with us where we will answer your questions and help you take the next step toward financial clarity and growth.

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