Create PT Wealth’s Brad Sheppard shares more business tips for personal trainers. This video looks at team members and staff…
Business Tips: taking on new team members in your PT business
What model should you use? How should you take on new team members? What do they fall under – are they contractors, are they employees?
We’ll give you a brief definition of some of these. You can have contractors, you can have service agreements in place, you can have employees. And there are many different types of employees: you can have full time employees, you can have part time employees, and you can have casual employees.
Find out what’s best for YOUR business
The first, biggest tip we’ve got to give you is that you have to find the model that suits your business most appropriately. Each and every one of you no doubt has quite a different and unique business model. So one ‘cookie cutter’ method is just not going to be suitable for every business out there. And that’s the biggest piece of advice we give all our clients and our mentoring students at Create PT Wealth.
You need to seek advice to find out what category you fall into. It would be pointless going out there and putting a trainer on a contractor’s agreement if that person qualifies as falling under an employee agreement. It would just be ludicrous for you to that, and we wouldn’t advise you to do that. So our biggest business tip is that you need to find out where that person fits in.
Once you’ve figured that bit out, you can start to look into the feasibility of having a team member. Rates of pay, superannuation, workers’ compensation, etc – all these can form part of it. Now if you start hearing these words, you might start thinking, “Hold on a minute, this is all getting a bit too confusing! Superannuation and all this type of stuff?!” Restrain your concern, Seriously, a lot of this stuff is not such a headache for you.
There are many ways that you could employ people into your business and you can look after all that type of stuff. It can be a selling point. It can differentiate you from every other business out there.
Our advice to you is that before you just go ahead and jump into a model, get more knowledgeable about it. Explore the different types of models and strategies. Have a look at which ones would be most suitable for your business. We guarantee you, with all our students in our high level coaching programme around the country, we’ve got people who are using every type of model. We’ve got classic contractor agreements, we’ve got people who are employing trainers on service agreements, we’ve got people using the three different types of employee models. We’ve got people using full-time employees, part-time employees, and casual employees. At the end of the day, the important thing is which one suits your particular business.
If you’re unsure, if you’re confused, concerned, we invite you to contact us, to get in touch with us. We’ve got lots of information in this area; we’ve got lots of resources in this area. We can really help you out and guide you in the right direction. If we can’t answer a question for you, we can definitely introduce you to the most appropriate person who can help you out.
You don’t want to get stuck. You don’t want to get concerned that this is all getting too hard. You don’t want this to hold you back from being able to achieve the business goals you want to achieve. We can guarantee you that we’ve got a model that will suit your particular business. The door is open: if you need to get in contact with us, please do.