Monthly Archives: April 2020

Navigating Business Loans

Deciding how you want to finance your fitness business is essential to getting on the right track. Three of the most common financing options are Bootstrapping, Debt, and Equity. Bootstrapping Bootstrapping is using your own money to finance your fitness business and reinvest any money you make back into the business. So what does this […]

Painless Approach to Understanding Cash Flow

Cash flow. It’s a word business owners hear all the time and we all know the word can’t be ignored. Managing cash flow is important, and a healthy cash flow ensures your gym has money for growth and paying expenses.  The key to running your gym is to have more cash today than you did […]

Virtual Classes Focus for the Fitness Industry During the Coronavirus

How are you Coronavirus-proofing your gym and personal training? As you begin to build or shift your business focus to virtual platforms like Trainerize, Mindbody, TrueCoach, Facebook lives, and Zoom calls, you are having to adapt your training styles. How has that been going for your fitness business? Check In With Clients It’s so important […]