You’ve got the energy, ideas, and passion for your sport. But what about some solid facts about how to open your own club? This June, we’re going to help you learn what it takes to start a gym. Each week, we will cover an important step to your successful new business launch and provide some common sense advice from established gym owners. First, do you have a business plan? Why do I need a business plan? Too many small business owners open their first fitness center without creating a strong plan of action. A business plan is a written guideline [...]
Read more...
What could be better than exercising every day and hanging out in your own awesome health club? If owning a gym is your dream job — keep reading our blog. The truth is – opening a gym is a lot more than just buying gym equipment and unlocking doors. Succeeding at owning a gym takes planning, perseverance, moxie, and money. Today, we've spoken with experienced gym owners to learn four of the most common mistakes new gym owners make when getting started in the business. Understand your lease fully before signing on the dotted line! #1 — Signing a lease too quickly [...]
Read more...
Guest Post By Cory Damm Opening a gym in today's market may feel like a daunting task. You've got the competition of national fitness club powerhouses, and the cost associated with finding a space, equipment, staff, and insurance. Hundreds of veteran gym owners wish they knew then what they know now. You don't have to find out the hard way. Here are 10 easy ways to save you money, and your sanity, when opening your first gym. 1) Know your options when leasing equipment Leasing fitness equipment allows gym owners pay over extended periods of time instead of all at [...]
Read more...
