That contract you found on the internet and altered for your gym—it might not hold any weight.

Worse, it could get you in big trouble with the law.

Most gym owners don't know it, but membership contracts must be carefully crafted to ensure they fall in line with local standards designed to protect consumers. If your contracts fall outside those standards, you could be at great risk.

On today's episode of Two-Brain Radio, gym owner and lawyer Matthew Becker of Gymlawyers.com returns to discuss differences in state laws and how you can make sure your contracts are up to code. Listen, then take action to reduce your risk. And if you're lost when it comes to evaluating your contracts, Matthew can help.

Links

Gymlawyers.com

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Gym Owners United group

2:42 - Do you really need a written contract?

3:28 - State laws on prepaid membership contracts for gyms

7:05 - What needs to be in your contract?

12:19 - Cancellation and refund policies

14:04 - The buyer's-remorse clause

16:32 - Differences in contract laws between states

21:32 - How do you start figuring this out for your gym?

24:35 - Penalties for illegal contracts