Gyms and boutique fitness studios collect membership dues, class packs, and personal training fees, often in advance, and pay a mix of employees and contract instructors. Epsilon Accounting Solutions helps studio owners track revenue correctly, pay instructors the right way, and understand their numbers month to month.
Where We Help Most
- Membership, class pack, and prepaid training revenue recorded when it’s earned.
- Instructor and trainer classification reviewed, with payroll or 1099 reporting to match.
- Equipment purchases planned with depreciation in mind.
- Monthly reporting on membership growth, churn, and revenue per member.
- Entity and S-Corp planning for studio owners.
Prepaid Revenue and Real Profit
When members prepay for packages or annual memberships, the cash arrives before the classes are delivered. Counting it all as income right away can make a month look better than it was. We track prepaid revenue properly so your statements show what the studio is actually earning.
What Working With Us Looks Like
Most fitness clients send documents through our secure portal and hear from us once a month with clean reports and any questions. Before key deadlines we check in on estimated taxes and planning moves, so tax season is a review of work already done rather than a rush to catch up.
What We Provide
- Monthly bookkeeping and financial statements
- Business tax preparation
- S-Corp formation and tax planning
- Payroll services
- Part-time CFO guidance for growth decisions
We work with fitness studios in Edmond, Oklahoma City, and across Oklahoma, and serve clients in other states virtually. See the other industries we serve.
Let’s look at your numbers together. Call (405) 458-8949 or schedule a consultation.