Required facility upgrades, new equipment, updated branding, and complete franchise remodels can create an immediate financial burden. The right financing may help you meet your franchise deadline while preserving the operating cash you need to run and grow your gym....
A sales slump has a way of convincing people that they have suddenly forgotten how to sell. They begin questioning their ability. They lose confidence in their presentation. They hesitate before asking for the sale. They become less enthusiastic on prospect calls,...
A sales slump does not only affect your numbers. It affects your posture. It affects your tone of voice. It affects how quickly you walk across the gym floor, how enthusiastically you greet a prospect, how confidently you present your membership options, and how...
How to Dump a Sales Slump, Part 3: Getting Back to Basics When sales begin to decline, gym owners often assume the problem must be complicated. They start questioning their pricing, their brand, their location, their membership options, the economy, the competition,...
Most gym owners believe their business is worth more than it actually is. They look at their member count, monthly dues, equipment, square footage, community reputation, and years in business and assume they have built a valuable asset. But here is the hard truth: A...
One of the most common things I see when working with independent gym owners, boutique studio operators, gym entrepreneurs, and personal trainers is something that rarely gets talked about openly: Gym ownership can become very isolating. At first, most gym owners do...
Most gym owners, boutique studio operators, gym entrepreneurs, and personal trainers like the idea of hosting an open house. It sounds simple. Open the doors. Invite the community. Put out some food. Run a few contests. Give people a tour. Let them “experience the...
When Is It Time to Let an Employee Go? I was flying out to conduct a two-day sales training seminar for a group of fitness clubs. The owner picked me up at the airport, and as we were driving to the gym, he turned to me and asked a question that every gym owner,...
Thinking About Buying a Gym? Read This Before You Sign Anything. Every year, I speak with aspiring gym owners who tell me they want to own a fitness business. They love fitness. They love helping people. They love the gym environment. What they often don't love is the...
