Fitness Training Entrepreneurs Advised on How to Boost Profits

​With one in five Americans paying for gym membership and over 5 billion gym visits taking place in the US every year, the fitness industry is booming. Global revenue from health clubs was over $83.1 billion in 2016, meaning that it is an attractive industry

Perth, Australia – October 8, 2017 /PressCable/ —

With one in five Americans paying for gym membership and over 5 billion gym visits taking place in the USA every year, it is clear that the fitness industry is booming right now. Global revenue from health clubs was over $83.1 billion in 2016, meaning that it is an attractive industry for new entrepreneurs to get involved in.

However, small business owners in the fitness industry were recently advised that it is important to focus on traditional business strategies as well as their fitness offerings. In this way, they can grow their business while helping their customers to get healthier too.

Citing figures from a case study that he carried out, YourBusinessCoachingClub Founder Craig Ridley advised that “increasing profit from $61,000 to $415, 000 is possible with the right growth strategies in place”. He went on to confirm that the value of the business in this case study was boosted from $30,000 to $620,000.

The key messages from the video presentation from this fitness business case study included issues such as the need to have an effective marketing strategy, getting members to spend more on each visit, and managing overheads sensibly.

Mr Ridley continued by stating that, “increasing the profit margin and overall business value is as relevant for fitness professionals as it is for any other business person. Many of the tactics to achieve this are virtually identical to those used in other industries.”

Among the interesting techniques that he covered was the idea of keeping the training center looking full and popular, as well as systemizing the sale process rather than personalizing.

YourBusinessCoachingClub is an online business coaching club that offers specialist coaching sessions on many different areas, together with a global network of entrepreneur contacts. It is based on the founder’s 3 decades of business experience. Joining YourBusinessCoachingClub is fast and simple to do, with a daily cost of less than 50 cents.

Contact Info:
Name: Craig Ridley
Organization: PGW Solutions Pty Ltd
Address: GPO Box R1254, Perth, Western Australia 6844

For more information, please visit https://yourbusinesscoachingclub.com/

Source: PressCable

Release ID: 246796