49: The Legalities of Gym Ownership - Paul Ticen

In this episode we get answers to some of the biggest legal questions regarding gym/box ownership, music copywriter, liability and asset protection: What most people running a GYM don’t know that WILL hurt them Should you be setting up a legal entity or a sole proprietorship? Protecting your personal assets from professional mishaps Why you may be setting yourself up for an IRS audit if you’re treating your coaches as contractors Music licensing on social media, youtube and more What a cease and desist order REALLY means The difference between copyright, patents and trademarks How and why media companies sue and whether you’re at risk And Why even if you’re in the right, you may not be able to afford to defend yourself How much insurance your gym really needs Creating a proper liability release and waiver document Why documents are great, but you’re still going in front of a jury How to navigate Lease and Land Agreements How many trademark battles are simply corporate bullying What you can legally put on a t-shirt Protecting yourself from a lawsuit with a client, by just being a good person