If you are a gym owner, you know that overnight, financial situations can change. Now more than ever gyms are aware that financing options are often necessary to get them through tough times such as slow seasons, a recession, or global events like the recent...
Applying for an SBA Loan? When You Should Expect Funding.
When your small business needs funding, an SBA loan may be a great alternative to more common small business loans. What is an SBA loan? Simply put, they’re small business loans that are partially backed by the Small Business Association (SBA), a government agency....
How to Sell on Facebook Marketplace as a Business Owner
Facebook Marketplace began as a place for users to buy and sell items similar to a garage sale. Since its introduction, Facebook Marketplace has gained popularity over the years. Since our world prefers online shopping over traditional stores, Facebook Marketplace has...
Understanding SBA Loans: What is a 504 Loan?
Many entrepreneurs require a small business loan to get started; however, choosing the right business loan can be intimidating. Fortunately, there are several different avenues of business loans to choose from, including an SBA loan. What is an SBA loan? What is an...
Gross Profit Formula: How to Calculate Your Gross Profit
Managing profit margins when you own a business is crucial to success. It aids you in making decisions that improve the company and lets you adapt to client needs more quickly. You become a leader that is proactive and makes decisions based on facts. A lot of...
How to Qualify for Gym Business Funding When You Have Bad Credit
According to the U.S Bureau of Labor Statistics, approximately 70% of businesses make it to the end of the second year, and the number drops up to 50% at the end of the fifth year. This decline is mainly linked to financial problems. As a gym business owner, you may...
Where Do We Go From Here? GOT FITNESS?
Over 25 years ago the Milk industry raised public conscientiousness with these two simple words; GOT MILK? This is the direction the fitness industry needs to take immediately. We can’t just sit around and take it. We need to create a platform to raise the public...
The Way We See The Problem Is The Problem
I’m guessing you’ve heard this Stephen Covey quote before. Do you agree with it? What if I told you that there are clubs that are breaking company sales records? What if I told you there are clubs that did better revenue and profits in 2020 than they did in 2019?...