Starting a fitness studio – is this a good plan?
Hello Vin Lewis,
You would probably do best to speak with a fitness business manager in person. Just as personal training is done best in person, so is building a business to sustain you.
It is too bad you did not give us more time to respond to your first question. We are more than happy to answer questions on our own time at no cost to you; so, please wait up to a week for an answer.
Also, in my area, we can lose internet connection for a week or more.
Thank you,
Natalie aka NAPS 2 B Fit.
Vin,
I want to give you a different slant on this…I would encourage you to think about your “client acquisition” systems. What would be involved in finding the quality clients you want to help? Examples would be: referral groups (BNI), door-to-door introductions in target area, direct mail, email drip systems, website, development of a Low Barrier Offer, development of an opt-in landing page. Over the years I have seen countless quality businesses go out of business because they had every angle covered except the one that brings them new customers. This is the number one issue for any business, in my opinion. You can’t help people who don’t know you’re there to help them.
In your business plan I would lay out each piece of your marketing plan, along with cost, expected cost per lead, conversion rate to your Low Barrier Offer, conversion rate from LBO to regular membership. With some items you might be giving it your best educated guess, in others you’ll be able to sleuth out the answers you need. Even in your guessing you’ll be further ahead than having not tried to find the answers in the first place.
Best of luck to you in your new venture!
Jeff Madsen
Hi Vin,
Sorry you felt like you weren’t supported and deleted your post. This message board fluctuates in its level of activity. Sometimes there are lots of posts and replies, and sometimes there’s not a lot going on. It’s summer, and the number of posts have gone down, as have the replies. It’s more likely that no one saw your post during that time, than you were being ignored.
If you do decide to post questions in the future, I hope you give people time to respond. 10 hours isn’t that long when you consider that many of us are trainers and fitness instructors who work and then come to this board during our free time.