
Chloe Reynolds
The boring stuff: The types of insurance ALL fitness professionals need
One of the wonderful things about working in the fitness industry is the ability to freelance and be your own boss. You are in control of your own working hours, what clients and gyms you want to work with and can build a business that suits your lifestyle. However, as a freelance business owner you will have some extra things to consider than a full time employee – pensions, tax and insurance. Some of the dryer and more boring parts of adulting, for sure. However, taking control of these areas of your freelance fitness business will make your life easier in the short term and help provide you with a stable future in the long term. You are in control of your own financial future, which can be both liberating and terrifying in equal measure.
This post, the first in a mini series, will delve into the wonderful world of insurance, one of the boring bits of being self-employed. A quick note – I am not a financial planner or tax expert. This series of articles is based on my own experiences and knowledge and should in no way be taken as financial advice. Everybody’s situation is different and what has worked for me might not be the best thing for you at this current point in your life. This article will mainly be helpful for those living and working in the UK. International readers, many of the core principles will still stand but there may be different names for products in your country.
