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Category archive for "How To"

Is There Such A Thing As A Few Hours A Week Fitness Business?

The Short Answer Is Still “No!” That guy who wrote a book about having a business in only X hours per week now has a book out about fitness. OK, that’s nice. So, completely separate from that, what I’m wondering, is whether there can be a gym business that you can run on half a workday per week? I’ve gotta say, I’m skeptical about the whole short-time easy-money approach to anything. If you’re already the owner of a small fitness club, just the title probably made you roll your eyes, right? I’d bet dollars to doughnuts that anyone who follows [...]

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Changing Track To Try Out New Gym Business Opportunities

To Change Or Not To Change Are you thinking about starting a new gym business or changing the direction of the one you operate now? If you’re not, I’m not suggesting you should, but if things haven’t worked quite the way you planned or, if the market has peaked and begun to tail off, you might be wondering about making a change. The choice between staying the course in a mediocre business model and finding a new one that’s better is the conundrum of the ages. There’s even a name for the syndrome that business owners and entrepreneurs face, it’s [...]

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How CRE Trends Have Fitness Entrepreneurs Moving To The Mall

If you’re a fitness entrepreneur at any stage of the gym business, you’re likely to have a need for a space in a building. If you want to open your doors somewhere, you will have to face the commercial real estate (CRE) industry. For you, negotiating a tenancy might be a daunting task or just a matter of phoning a friend. I’m not looking at the search or leasing process here, but I think it’s worth taking a quick look at some of the changes going on in CRE and how gym business owners like you can work it to [...]

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Gym Business Leadership To Motivate 5 Key Constituencies

Swinging The Lead in Your Sphere of Influence In entrepreneurship, business ownership, and in fitness management, leadership is what you bring to the gym as a founder or manager. It is the one factor over which you have the most control and which makes it possible for small startup gym business owners to fight their way into crowded fitness club markets. As I haven’t written much about leadership lately, I think it’s time to share my thoughts on the subject once again. Leadership is the interpersonal skill that you exert to influence other people to work with you and do [...]

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Happy Fitness Club Members And The Questions They Ask

Just because you have happy fitness club members, it doesn’t mean that you’re going to be completely free of issues. Even the most smooth-running gym business is going to have occasional payment disputes. When it comes to questions about customer credit cards and payments, you have to get it right. In this case, satisfactory resolutions can mean the difference between customer retention and cancellations. Payments and the records that report them are some of the most problematic parts of consumer businesses, particularly in fitness. Misunderstandings in these areas can quickly turn happy customers into annoyed ones. Situational Responses And Maximum [...]

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Make Networking Part Of Your Fitness Club Value Proposition

Fitness is a people-business; it’s about networking to make connections, whether it’s between mind and muscles, you and the best vendors, or members using your club to connect in their careers. It’s a business model that’s about helping others find success and good health. As a gym business owner, networking is crucial to your success; it’s also one of the greatest benefits that you offer to your membership. The value of expanding members’ circles of influence cannot be overestimated. The History of Networking and Public Houses In centuries past, the coffee houses of London were famous as places of big [...]

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3 Alternate Revenue Streams To Boost Your Fitness Business

Getting Beyond The Gym Business Basics Developing alternate revenue streams for your new fitness club is the next stage for any ambitious gym business venture. If you hope to grow your business beyond the basics of club memberships, it is vital to have additional sources of income to achieve long-term success. Once you have a steady stream of income from membership subscriptions to your club, you have a solid start to gym ownership success. That doesn’t mean you can sit back and relax though. It is time to expand all of the additional channels of income that compliment and enhance [...]

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How Client Programming Consolidates New Member Retention

In fitness, client programming is the key to operational success. There are several reasons for that. Let’s explore them and look at why it is that gym business operators can’t ignore this organizing principle. The best way to consolidate new gym membership sales is to draw your new members into a series of instructions to get them moving ahead and focused on fitness, not buyer’s remorse. Of course, client programming is much more than that, it is the professional basis for any organized fitness activities. Gym Members Need Structure It’s the people who need a structure the most who can [...]

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Starting Your Own Business In A Fitness Niche Like CrossFit

The Niche Gym Business That Works For You If you’re starting your own business, there are lots of fitness niches that you can pursue. CrossFit is but one of many. However, the CrossFit concept is the perfect example of a gym model that finds the strongest motivation for a specific type of gym membership prospect. It has been about four years, maybe more, since I first noticed CrossFit boxes. I was suddenly aware they were popping up in storefronts, industrial spaces, and old service stations around here. I have to say that I am impressed by the resilience of this trend. [...]

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Add A Sports Nutrition Certification to Your Continuing Education

If your career is in fitness, you know that continuing education is a never-ending process. Promoting dietary habits and nutrition that improve health and deliver higher performance levels has to be one of the most important things you can offer your clients. If you don’t have it already, getting certified in sports nutrition is an add-on skill that will make the most difference in the performance and lives of your membership. Make Sure Your Offering Is An Information-Based Service One of the purposes of continuing education in fitness is to help you stay ahead of the competition. It's a knowledge-based investment in the capabilities [...]

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Tracking You Gym Business Alternate Revenue Streams

Given monthly members, good retention, profitable premium products, and alternative revenue streams, how do you keep track of it all? The alternative revenue streams are those oddball types of income that can get lost in the mix if you don’t have an adequate system for recording revenue and membership status. Combining EPOS Management And Membership Data The solution is a combination of a point of sale system and a gym management software package that integrates information in a way that works best for the gym business. Electronic Point of Sale or EPOS has been the standard for cash registers for [...]

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Networking to Transform Your Club Into A Community

Experience And Community from Shared Values There is a level beyond converting prospects into members and inspiring them to keep coming back. That is where your club is the center of a community of people who love fitness and who associate your gym with connectedness. There are three authentic values at the core of your gym business. Fostering all three of these is something you have to do to succeed as a competitor in the fitness profession, and it all filters down to transforming your club into a community. Build Communities for People The guys and gals who are super-committed [...]

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3 Secrets To Starting Your Own Fitness Business In 2018

Starting your own fitness business has never been easier. That statement, of course, assumes you have the charisma and certifications to run your own shop. Or you have access to a high six-figure sum of capital to invest. I’m mostly talking to the former fitness employees, the gym professionals ready to strike out on their own. I’ve met many outstanding trainers that could manage the journey if they had to do it. If you fit that description and you’ve committed to bootstrapping your way into fitness club ownership, keep the following three things in mind. Charge What You're Worth One thing [...]

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9 Alternative Revenue Streams To Boost Your Gym Business Returns

Alternative Revenue Streams For The Good Of The Team Monthly memberships revenue is the engine that puts you in business and keeps you going. However, that doesn’t mean you can’t do better and deliver more value to your clients by adding alternate revenue streams to your income. In fact, finding the premium products and services are the sauces that take you beyond just being in business and into the realm of financial success. Even so, the winds of fortune are fickle, that’s a saying or something, and, from the experiences I’ve witnessed, I’d say that it’s a fact; everything can [...]

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Technology Is The Key To Fitness Industry Success

It’s not about having the most technology, but rather the right equipment that is going to help you run your small gym business most efficiently. By running your club resourcefully, you’ll get into profit sooner and make the quality of your offerings better. Technology is evolving so rapidly now that you can check in every six months and find new solutions for just about everything. The hazard of occasional check-ins is that you might have missed something in the months in between. The right technology for small gym businesses is that which disappears into the background, allowing you to focus [...]

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