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5 Gym Financial Reports That Every Gym Owner Must Treasure

” As a gym owner, one of the most important ways to measure your success is by analyzing your gym’s financial reports. How much revenue are you generating vs. how much are you putting into your business? The only way to get a clear answer is to study and treasure the five gym financial reports… Continue reading 5 Gym Financial Reports That Every Gym Owner Must Treasure

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IMPORTANT MESSAGE REGARDING CHARGEBACKS

” Effective February 1, 2018 the Chargeback Fee Structure is CHANGING. The Point of Sale Chargeback Fee of $29.00 will be reduced to $19.50. This $19.50 Chargeback Fee will also be implemented on ALL recurring billing chargebacks, including membership billing, recurring service and club account. If you have any questions, please contact your Account Executive.

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The Secret to Increasing Average Price per Member

” With all good secrets, there’s a story. This story starts with how did we get here, how did the average price of a membership get so low? The introduction of the low-price high-volume business model created an immediate short-term surge for the industry. The attractiveness of the low-price offering was designed to bring in… Continue reading The Secret to Increasing Average Price per Member

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ROI with Mobile Marketing

” Mobile marketing for the Health and Fitness industry made a big splash in 2017. The ability to communicate instantly with prospects and members through an automated platform reduces marketing costs, increases revenue and helps obtain quick ROI.

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Thoma Bravo Completes Acquisition of ABC Financial

” SAN FRANCISCO, Calif and LITTLE ROCK, Ark., January 2, 2018 — Thoma Bravo, a leading private equity investment firm, today announced that it has completed its acquisition of ABC Financial Services, Inc. (“ABC Financial”), a software and payment processing company servicing more than 6,700 health clubs throughout North America. Financial details of the transaction… Continue reading Thoma Bravo Completes Acquisition of ABC Financial