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Tag archive for exercise equipment

Loaf of Bread and Stick of Butter

Exercising Your Gym Equipment

Gym equipment is the biggest class of capital assets (and possibly of hassles too) you’ll have to deal with when you’re starting your own gym. Whether you run a small gym or a national franchise location, there are some things that must be addressed with enough quality to make your investment worthwhile. Once you have the equipment in place you need to ensure that it stays in working order for as long as you need it. Gym equipment is the bread and butter of your enterprise. It may be more or less important, depending on the type of gym you [...]

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Chalkboard saying that Failure is Not an Option and only has a check box next to Success

Top 10 Reasons Why New Gyms Fail

If you have opened a new gym, you must know that it is, after all, a new business. So you should be prepared to run and develop that business as a business.  To do so, you must acquire knowledge about the fitness business industry, and also be aware of the pitfalls for why new gyms fail so you can be sure to avoid them.  In my opinion, here are the top 10 reasons why new gyms fail... #1 - No Proper Business Plan No business plan can be fatal to your new gym. Before starting a gym, you should be [...]

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Wanted Poster with 1 million dollar reward

Wanted: Used Fitness Equipment

Every member that goes to a gym uses some type of exercise equipment. Providing a variety of exercise equipment is probably the most obvious and important service that a health club offers. If members did not have to use equipment to work out, there would be no point (other than camaraderie and accountability) in joining your health club. Therefore, one could reasonably conclude, that one sign of a good gym is the variety of exercise equipment that it offers. In order to attract new customers to join your gym, it is important to keep up with the trends as well [...]

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