When was the last time you took a good hard look at your expenses? Not just the big ones like rent or utilities, but really looked at where your gym's money is going and whether your getting a good ROI on that spend?

Josh Thorn owns Vashon Strong in Washington state, and he runs a lean business. But that doesn't mean he's a penny pincher. He just knows how to make his money work for him.

Tune in to learn his tips for cuttings costs and spending wisely.

Links:

Vashon Strong
Arbox
Forever Fierce
Gym Owners United

Timeline:

1:43 – The $50-a-month gym-management software Josh uses.

9:51 – Do you have to be a penny-pinching miser?

14:24 – Getting creative and gradual growth.

21:13 – DIY vs. the value of your time. 

23:40 – Trades and barters: Yea or nay?

29:03 – How to decide if something is worth the cost.

32:05 – The most valuable thing in Josh’s gym.