A week in a life of a Fitness Business owner
I am sure a week in the life of a fitness business owner varies from business to business, however there would be some synergies.
There are also variations pending structure.
Firstly, the question is “how many hours” are needed to drive a successful business. There are many factors such as other leader’s roles such as a studio managers role, how many hours the owner wants to put in.
The main thing here is all jobs need to get done, whether that be between 1 or 2 people. There are also super-efficient systems that save time.?
An Owners main role is to ensure their fitness business is profitable. Therefore, here are the key areas that need to be covered-
Sales- This is daily, there needs to be a focus on new customer acquisition, membership renewals and lead nurturing.?
Marketing- To get the enquiries, Marketing never stops. We always recommend a minimum 5 lead sources. Eg, Social Media Marketing, Professional Referrals, Website, Old school Walk ins still work, Local campaigns, internal campaigns, community engagement, google etc. ?You get me. The only tip I would say is Social Media Ads will drive 70+ leads, therefore these need to be 24/7.?
Customer retention- Ensuring the team is all over client’s goals, progress, plans and the team are creating a great experience every time is critical for success.
Staff management- Including Development, session quality, rosters, remuneration and of course building a high performing team.
Business Management- Follow your 12-month business plans, payroll compliance, overseeing people management, Financial Control, budgets and projections, facility maintenance community engagement and ensuring financial strength.
Business owners need to understand firstly, they are a businessperson. Some people get into the fitness industry as they love teaching Squats etc, Owners can still do that, but there needs to be a high focus on being a very good businessperson.
Anyway, back to it. Here is an overview of how these functions roll into the week with a bit more of a breakdown.
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Once the planning is done and you have your metrics set, your weekly goals, you move to day to day
How does this fit in Day to Day?
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In closing, plan your success and nail your goals…
Ben Fletcher
Founder and CEO
Listen To Your Body