Poor mental health can make managing money harder, and worrying about money can cause your mental and physical health to decline. One survey conducted by one of the largest banks in the US revealed that 81% of respondents found goals much easier to achieve when their finances were in order, while 70% stated that solid finances… Read More
Although you think you may know your business inside out, your current clients may be able to provide you with valuable insights on how your products and services are doing that you may not gain from other avenues. Listening to your current clients and understanding their needs can help you to tweak the business’ products… Read More
What type of clients is your (fitness) business going to serve? Not knowing the answer to this question can be a big issue, essential even, because a lack of clarity here could percolate throughout your business – making everything else more complicated. For example, selecting a client demographic that is not available in enough quantities,… Read More
Although social media is now ubiquitous, it can be overwhelming – but a fitness business not having a social media presence is like constantly skipping fitness training! A fitness business can have a fantastic business strategy, but without social media they are missing out on connecting and engaging with their members, as well as opportunities… Read More
When selling a fitness business, the ideal scenario is a stress-free transaction that allows the seller to close that chapter of their life and move on, without having to think about the business ever again. Whether or not that plays out comes down to how well-informed the seller is about the sales process. Depending on how… Read More
Buying a fitness business is a major financial outlay, so you want to ensure you (the potential purchaser) make a smart purchase that delivers what was promised, and without any unpleasant surprises down the line. These four tips can aid a regret-free purchase: Check for ‘skeletons in the closet’: The last thing you need when… Read More
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