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In this episode, we dive into the real-world challenges of running and maintaining a gym business โ not just buying it.
Youโve got the gym. Now what?
From staff structures to recurring revenue models, cost control to member retention โ we break down what gym owners actually need to think about to survive and thrive.
๐ What we cover:
The startup and recurring costs of operating a gym
How to manage cash vs accrual accounting
Revenue levers, operating margins & managing staff
The truth about subscription models and member retention
๐ Whether you're an accountant, gym owner, or future business buyer, this oneโs loaded with practical insights.
๐ Next episode โ Budgeting for the gym! Subscribe so you donโt miss it.
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Welcome to the Ash, Hubert & Kevin Pod (The Account-Dads). We share finance stories, lessons, and mistakes to help business owners and finance pros understand sometimes complex concepts.Our aim is for you to leave each episode thinking, "Ah, k. I get it now."
The hosts are Chartered Accountants, and here is a little bit about them:
Ash (Finance Data & Reporting Leader): Husband, dad, and strategic finance leader with more qualifications than letters in the alphabet.
Hubert (Technical & โ0 to 1โ Accounting leader): Husband, dad, and the technical finance leader with a passion for anything with engines.
Kevin (Finance operations leader): Husband, dad, and champion of Aussie businesses, with expertise across finance and commercial disciplines.
In this episode, we dive into the real-world challenges of running and maintaining a gym business โ not just buying it.
Youโve got the gym. Now what?
From staff structures to recurring revenue models, cost control to member retention โ we break down what gym owners actually need to think about to survive and thrive.
๐ What we cover:
The startup and recurring costs of operating a gym
How to manage cash vs accrual accounting
Revenue levers, operating margins & managing staff
The truth about subscription models and member retention
๐ Whether you're an accountant, gym owner, or future business buyer, this oneโs loaded with practical insights.
๐ Next episode โ Budgeting for the gym! Subscribe so you donโt miss it.
------------------------------------------------------
Welcome to the Ash, Hubert & Kevin Pod (The Account-Dads). We share finance stories, lessons, and mistakes to help business owners and finance pros understand sometimes complex concepts.Our aim is for you to leave each episode thinking, "Ah, k. I get it now."
The hosts are Chartered Accountants, and here is a little bit about them:
Ash (Finance Data & Reporting Leader): Husband, dad, and strategic finance leader with more qualifications than letters in the alphabet.
Hubert (Technical & โ0 to 1โ Accounting leader): Husband, dad, and the technical finance leader with a passion for anything with engines.
Kevin (Finance operations leader): Husband, dad, and champion of Aussie businesses, with expertise across finance and commercial disciplines.