if this is for a sports/coaching class, you might be ok.
if this is for a business class, you failed.

what about a cash register, computer/printer, and credit card swiper/pos machine? Or is your gym free? A camera for taking member pics and/or issugin member cards, security cameras for when someone dies in the ring and you need to prove you weren't negligent? (I belonged to a gym where this actually happened. an old timer had a heard attack while sparring and doed right there in the ring. The cameras got the gym out of deep shit.) What about your operating license with the state, region, city, etc? The actual installed security system to protect your inventory?