Congratulations, gym owner! You've taken the plunge and your business is thriving. But a crucial decision looms: should you own the building your gym occupies, or continue leasing? Both options have pros and cons, and the best choice depends on your specific goals and...
Don’t Let Your Gym Become a Deadlift: 5 Reasons Gyms Fail to Sell (and How to Avoid Them)
So, you've decided to sell your gym. The years of sweat, dedication, and building a community have been rewarding, but now it's time to move on. However, the selling process can be daunting. Unfortunately, many gyms end up lingering on the market, failing to attract...
Thinking of Selling Your Gym? 5 Power Moves to Maximize Your Profit (and Leave You Beach-Ready)
Gym Owners, Ahoy! Built a fitness empire? Dreaming of piña coladas on a sun-drenched beach instead of protein shakes and squat racks? Selling your gym might be the ultimate reward for your sweat and dedication. But before you hang up your whistle, let's make sure your...
The Fitness Fortune Fallacy: 10 Money Mistakes Sabotaging New Gyms (and How to Fix Them!)
Congratulations, gym owner! You've taken the plunge into the exciting world of fitness entrepreneurship. But let's face it, the road to ripped abs and a thriving business isn't always paved with protein shakes. One area that can trip up even the most passionate...
Don’t Wait to Get Buff: 5 Ways to Build Your Gym’s Exit Strategy Today (and Maximize Profit Tomorrow!)
Gym owners and entrepreneurs, you're passionate about fitness, but let's face it –– every entrepreneur dreams of an eventual exit. Maybe it's a well-deserved retirement or a chance to pursue a new venture. No matter the reason, having a solid exit strategy is crucial...
Front Desk All-Stars: 5 Ways Your Team Can Supercharge Your Gym’s Success
Your gym's front desk is the frontline. It's the first impression, the membership hub, and the heart of your customer service. But beyond basic transactions, your front desk team holds untapped potential to boost member engagement, retention, and revenue. Here are 5...
Don’t Sabotage Your Success: Why Unrealistic Asking Prices Can Sink Your Gym Sale
Gym owners, the time may come when you're ready to cash in on your years of sweat and sell your thriving business. But before you slap a sky-high price tag on your gym and settle in for a bidding war, let's talk reality. A whopping 50% of small business sales fail....
Financing Your Fitness Dream: A Guide for Gym Startups
Owning a gym is a dream for many fitness enthusiasts and entrepreneurs. Whether you envision a boutique studio, a high-energy CrossFit box, or a comprehensive health and wellness center, the first step is securing the funding to bring your vision to life. This article...
Don’t Get Stuck in the Spin Cycle: Why You Need an Exit Strategy for Your Gym (Even if You Love It!)
Gym owners, let's talk about the elephant in the room (and it's not that rogue medicine ball in the corner). Exit strategy! Does the term conjure up images of closing down, selling out, or some kind of gym-related existential crisis? It doesn't have to! An exit...