#456 Setting Up A CIC

In this episode, Claire sits down with Maggie to unpack the realities of setting up and running a Community Interest Company (CIC) as a personal trainer. Maggie shares what a CIC actually is, why she chose this route, and how it's allowed her to deliver meaningful, community‑focused work alongside a sustainable business model. They explore the practical side of getting started, from choosing directors and registering with Companies House to navigating bank accounts, grants, and reporting requirements. Maggie also highlights the importance of balancing funding with trading income, involving members in decision‑making, and staying organised with the admin side of things. If you've ever considered taking your PT business in a more community‑driven direction, this episode offers a grounded, honest look at what's involved and what to think about before you begin. Find Out More About LTB Membership: Website: https://liftthebar.com/ Instagram: https://www.instagram.com/liftthebar