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When you think about opening a gym, you usually have two options: start your own or buy a gym franchise. Both have their appeal, but which is better? Is getting a gym franchise worth the gym franchise cost you will incur? The pros of getting a gym franchise Getting a gym franchise has several advantages, especially …
The cost of a gym franchise: is it worth the potential rewards? Read More »
In today’s market, you can buy an already-branded gym or create everything from scratch when opening a gym. Buying the gym as a whole may seem like a more manageable alternative since you don’t have to bother much about branding, but starting from scratch means you can create the perfect local brand just the way …
How to start a successful gym from the ground up: 7 essential steps Read More »
As a gym owner, it’s essential to understand that owning a gym is complex; you have your investments to take care of, and minor mistakes can cause a big hole in your revenue. So, how do you make sure you get everything right when it comes to gym ownership? You look into what other gym …
Running a gym business may seem simple, but the reality is more challenging. You must take care of the space, keep the staff and clients happy, and ensure that all your finances are in order. While the steps may seem straightforward, you can avoid experiencing significant losses as a gym owner with a good system. …
Starting a gym can be costly, and it’s essential to understand the various gym startup costs associated with setting up a state-of-the-art facility. From equipment and flooring to rent and staff, there are many expenses to consider when building your dream gym. Still, opening a gym comes with costs. If you want a state-of-the-art gym that will …
What costs can you expect when equipping a state-of-the-art gym? Read More »
According to the IHRSA, around 81% of gym owners shut their businesses within their first year, which causes a lot of confusion, including the idea that owning a gym is not a profitable business endeavor. However, upon closer inspection, the fitness industry is only growing. So, the question arises, why do first-year owners quit? And what makes …
Can a gym business be lucrative: how to maximize your gym’s profitability? Read More »
