![]() ![]() ![]() I had the financial knowledge, but I didn’t realize the importance of staff buy-in. It took another few months to realize that a handful of entitled, poisonous coaches were standing in the way of all the good things we wanted to accomplish. ![]() I expected that after a few months the changes we had made would reduce our monthly net loss and bring us closer to break even. Photo Courtesy of John Briggs Removing Roadblocks to Profitability We needed to profit so we could focus more on the members instead of struggling to survive. If things didn’t change, the gym couldn’t stay open. Most of us have a deep desire to avoid change, and these coaches were no different.īut change was going to happen. A lot of coaches were only interested in maintaining the status quo-just going through the motions and collecting their pay. I was met with skepticism and indifference to our gym as an organization. ![]() I thought the current staff would be happy I was coming on to help keep the doors open. Here’s the reality: I did not understand how much employees and culture would contribute to the success or failure of the gym. All of this was in my wheelhouse, and I was optimistic that it would be easy to fix this gym while I improved my ownership skills in a few other areas. I knew we needed to look carefully at each expense. I knew we needed to analyze current services and determine which, if any, were profitable. I knew the financial side of things really well, and I knew which revenue streams to add. I became the proud co-owner of a failing gym, and I actually paid money for the privilege of funding the monthly losses.īut I was confident. So in July 2018, I bought into a failing gym that had never had a profitable month since its opening in 2012. Plus, I liked the idea of helping keep the gym open for the people who used it to stay healthy and fit. In CrossFit GSL, I saw an opportunity to work in the trenches and see if I could personally help a failing gym do the same thing my firm had done for our clients. Have a nice day,” he said, “Would you like to partner with me?” So, when I saw some signs that my home gym might be failing, I reached out to the owner to give him some unsolicited advice. With that exposure to the fitness industry, I was able to see patterns and determine what works for the most successful owners. Working with hundreds of gyms, we’ve used tax consulting and cash-flow management systems to help owners find profit. Have you not yet learned our hours out of your head? Or do you need our phone number? With the app you always have the information at hand.I own a successful accounting firm, and our team of 20 serves more microgyms than any other firm in the United States. For example, if your evening is in the pub and Spinning at 9 o'clock in the morning seems a less good idea.Įxercise is more fun when you do it together! The app we're making it easier and more fun to play sports, motivate each other together and achieve your goals. The app is indeed useful to cancel your reservation. With the app you can easily see which classes are taught there. We all know how fun group, so we make it even easier to reserve them. Thanks to the app, you have here a better understanding and can explain in great detail your friends why you stay so fit. So you not only see how well you are doing, but also how much you are fitter than a month ago. Sport you at ProFit Gym and you want to get even more out of your membership and from yourself? Download now the ProFit Gym app!ĭo you let your measure already regularly? Ask our coaches to do it regularly for you, so you know exactly how well you're doing. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |