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Risk Management

Risk Management for Fitness Facilities

Risk Management Best Practices for Fitness Facilities Developing a risk management strategy for your fitness facility, health club, or personal training studio involves three basic steps: Proactively identifying and handling problems in your gym is an important risk mitigation tactic. Identify the potential risks;Evaluate the severity of the potential risks;Develop strategies to mitigate the potential risks. Taking a cold hard look at your facility from a risk management point of view is the first step in developing a risk management plan. Take some time to tour each area of your facility and imagine what possible hazards could possibly arise in [...]

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Woman doing a Kung fu pose

Gym Equipment Leasing – It Takes Options To Make Options

I last wrote about leasing one year ago and, as it's such an important issue, I decided that it's time once again. Leasing should be something that every gym owner is aware of as an ownership alternative. In fact I want to make the claim that gym equipment leasing is part of something that I think is much bigger, even a mindset. It's all part of creating your own options and being able to respond to changing situations with flexibility and agility. Your overhead and capital outlays can really be tough to meet in any business. Gym specific items such [...]

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