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Practice Exam
1. Which of these business structures is best to set up when you are the only person?
Sole proprietorship
Partnership
Corporation
All of the above
2. Current employees or independent trainers should be CPR certified.
True
False
3. What kinds of suppliers should you place on your list?
Exercise equipment
Space management
Personal trainers
All of the above
4. What are some advantages to hiring independent contractors as personal trainers?
They maintain their own liability insurance
They may bring their own equipment
You can bring them in for short term contracts if needed
All of the above
5. What is an example of a specialty class?
Functional training for seniors
Golf fitness
Ski training
All of the above
6. What are some factors you should consider when assessing marketing opportunities?
Location of your gym
Location of competitive gyms
Services you offer
All of the above
7. Which of these is a primary business structure?
Sole proprietorship
Partnership
Corporation
All of the above
8. What are some common reasons people leave a gym?
Cost
Move from the area
Lack of time
All of the above
9. Lack of motivation is a big reason people quit a health club.
True
False
10. Partnerships must be equal in who owns what.
True
False
Grade Exam
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