What is a POS Purchase? Point-of-sale, or POS, refers to the moment a customer purchases your product. A point-of-sale purchase is any transaction. "Point" refers to a location. The point-of-sale is the transaction event itself, while the point of purchase refers to...
Being an entrepreneur is challenging, and one of the biggest hurdles is getting the financing needed to start a business. The best small business loans can give entrepreneurs the funds to start a company, but approval isn’t always easy. Some entrepreneurs consider...
Answers to gym business loan FAQs. Gym business loans can be easier to obtain than you might think. Whether banks are the best option for obtaining a gym business loan depends on your gym business’s circumstances. Interest rates are only the start of the...
Term loan Similar to traditional bank style financing. A Term Loan is a set amount that a borrower pays back at a fixed amount. The common uses for these types of loans are business expansion, working capital and equipment purchases. Benefits of a Term loan Interest...
In the fast-paced world of fitness, where competition is fierce and clients seek results, gym owners and personal trainers must stay ahead of the curve to thrive. One surefire way to double your sales performance is by doubling the number of people you engage with...
In the dynamic world of fitness, owning a gym can be a rewarding yet challenging venture. As gym owners, it's not uncommon to find yourself caught up in the day-to-day operations, administrative tasks, and ever-changing industry trends, which can sometimes lead to a...
In the vibrant landscape of leisure services, businesses often find themselves at the crossroads of innovation and financial need. Whether it's the expansion of an amusement park, the launch of a new streaming service, or the enhancement of a yoga studio, securing...
It's my mission to extend a lifeline to struggling gym owners. In this article, we'll explore an emergency rescue plan designed to breathe new life into your fitness haven. Understanding the Landscape The first step in any rescue mission is a thorough understanding of...
As the fitness industry braces for the annual surge in New Year's resolutions, gym owners stand at the forefront of an unparalleled opportunity. The impending wave of potential members brings with it the promise of heightened revenue, but only for those establishments...
As the landscape of the fitness industry continues to evolve, the acquisition of a gym business presents a unique set of challenges and opportunities. One crucial aspect that can significantly impact the success of such endeavors is the presence of pre-approved...
As a young and ambitious gym entrepreneur, obtaining funding to start or expand your fitness business can seem daunting. However, there are accessible financing options for those ready to take the plunge into gym ownership. This guide covers the key information you...
In the ever-evolving landscape of fitness, the gym industry has long fixated on capturing a coveted 20% of any given area, leaving the remaining 80% untapped and overlooked. This untapped market, often referred to as the uncontested 80%, presents both a challenge and...
In the pulsating heart of the fitness industry, where iron clangs and dreams are sculpted, gym ownership can be a formidable challenge. Even the most passionate fitness enthusiasts who embark on the entrepreneurial journey find themselves navigating through pitfalls...
