please edit this for errors

During the US financial recession of 2020, risk management has become vital to the survival of so many companies. Planet Fitness is one company that has faced financial risk this year. With the spread of Covid, many Planet Fitness members canceled their memberships. To continue operating, Planet Fitness has had to adjust its gyms in order to fulfill its social responsibility. Their new safety and sanitization protocols include touchless check-ins, 20-minute sanitizations, daily employee temperature checks, mask checks, and they have included a crowd meter on their app which shows members how many people are inside of the gym. Through these risk control techniques, Planet Fitness has been able to maintain itself.

Planet Fitness is able to keep afloat unlike many of its competitors during this pandemic. It is the largest and fastest growing fitness franchise and has the most fitness members out of all other gyms. The actuarial analysts working for this company are able to use the law of large numbers to get nearly accurate predictions that help them develop financial projections and insurance plans.