Chapter 18: Business and Marketing Flashcards
Independent Contractor
Someone who works for themselves and is contracted to provide services for a company as a nonemployee.
Business Plan
Outlines the structure, marketing, and growth of a new business.
Cueing
A communication that prompts a client to engage in a movement pattern or conveys proper technique.
In-Person Training
Live, face-to-face fitness training done individually or in small or large groups.
Virtual Training
Remote training sessions conducted via website, phone applications, or social media platforms.
Hybrid Personal Training
A training approach that utilizes in-person and virtual training styles to allow for easier, more frequent access to the fitness professional.
Buddy Training
Exercise instruction between a personal trainer and two clients at the same time.
Small Group Personal Training
Exercise instruction delivered to two to four clients at the same time.
Group Exercise
Large group training that is often choreographed and where all participants are executing the same exercises simultaneously.
Certified Group Fitness Instructors
Fitness professionals certified in delivering large group fitness classes. These classes are often choreographed and require specific training in a particular class format.
Small Business Administration
A US government agency established in 1953 to promote economic growth by helping new and existing small businesses and providing advice, financial assistance, counseling, and tips for sustainable business growth.
Sole Proprietorship
The most common business structure, in which the single owner has complete control over and liability for a business.
Partnership
A business structure with two or more people running the business who share liability and responsibility for the business’s performance.
Limited Liability Company
A corporate structure in the US limiting the liability of the owner; it combines aspects of corporations and sole proprietorships.
Corporation
A business structure in which the owners and operators are separated from the liabilities of the business.
C Corporation
The business itself is liable for the tax burdens of financial losses and gains of the corporation.
S Corporation
The shareholders are responsible for the tax burdens of losses and gains.