Many gym owners aren’t very sure about the health of their business. They don’t know if it is doing well enough to provide them with the financial freedom they want.

A healthy fitness business has a high-profit margin that is consistent. The question that comes up is how do you force this profitability in your business?

You do so through a profit-first model that sets aside your profit before any expenses.

In this model, revenue - profit = expenses.

Tune in to learn all about this interesting model and how you can implement it in your gym.

Key Takeaways

- The Profit first model for fitness businesses (05:39)

- Expenses will always grow to meet revenue (07:58)

- How to force profitability (09:25)

- Managing operating expenses (15:08)

- The cool thing about fitness businesses (17:37)

Additional Resources 

- Profit First by John Briggs

- Learn more about our Business Accelerator Coaching Program for gym owners  

- Business Talk with Fitness Professionals Facebook group 

Learn more about The Iron Circle