At NEXO we are asked daily if we have a sample injury reporting document that our clients can implement in their daily procedures. The concept is easy to understand – when an athlete is injured it is important to document the injury, the care that was taken, who was around when the injury occurred, and […]
Author: Andrew Ferras
Many of us have been forced to change our business model. Whether we like it or not, Zoom classes, training in the park, or any other method of staying safe could be here for a while. The concept of online fitness programs is not new but until recently insurance companies have lagged in response to […]
Determining your insurance needs can sometimes feel difficult to untangle, especially when you’re running a complex business like a gym, which has a number of unique considerations. Let’s take a look at some of the most frequently asked questions about business insurance for Gyms. What are the basic kinds of insurance I need for my […]
As a boxing gym owner, you’re probably concerned about the type of insurance you need to protect not only yourself but your members and any guests visiting your gym. The good news is that NEXO has many years of experience helping owners of boxing gyms with their insurance needs. General Liability Insurance General liability insurance […]
When starting a gym business, there are a few things you should do to ensure it is successful. There’s securing a building, buying equipment, finding trustworthy and hard-working employees, and then marketing material. Something else you should do is get fitness business insurance to protect your assets. The timing of getting that insurance is important, […]
The below information is not legal advice. We encourage gyms to contact an attorney should you have any questions concerning your Liability Waiver or any other concern related to the pandemic. The liability waiver has always been an important step to gym owners while onboarding new clients. It’s a given; when you walk into a […]
The cost of Workers’ Comp Insurance has been skyrocketing for Affiliates. Historically Affiliates have been lumped together with fitness trainers from Globo-gyms, MMA, and others that didn’t represent the Affiliate landscape correctly. California recently introduced a group class training Class Code which is as much as 50% less expensive than the previous Class Code. Many […]
With the current COVID-19 pandemic sweeping the world, it has us all thinking about our immune system more than the average spring. Should I take a Vitamin B6, C or E supplement? What about copper, zinc or selenium. Google tells me they’re all good supplements for the immune system. I also took the question to […]
If you’re a business owner, labor is one of your most valuable assets. Even if you’re the owner of a small facility, it’s a good idea to be protected with workers’ compensation (workers’ comp) insurance. Most states actually require you to carry this insurance if you have one or more employees, and there’s no minimum […]
Rest and recovery: We know it’s important, so we find ourselves searching for the best recovery tricks and tools to make us less sore and feel more fresh and ready to train. But instead of only focusing on tools to facilitate recovery, consider this concept instead: If general population clients need highly complex recovery protocols, […]
