This week is all about generating income from different areas of your fitness business
Yesterday Alan shared his experiences and knowledge on starting and growing your fitness business online without running ads ✅
Today though, we're looking at 5 things that will open your business up to generating other revenue
So if something happens to one of your sources of income, you've still got income coming from somewhere else
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1️⃣ Online coaching
Something we all need to consider inside our fitness business given what's happened over the last few years
Those businesses that couldn't transition online well, struggled
Whether it's zoom sessions, coaching plans, apps
Whatever your style of coaching is, can you get it set up online if you have to?
Something that will keep bringing that income in during an emergency ❗️
2️⃣ Merchandise
There is so much you can offer
Myzone belts - we know once they have one, they've committed and plan to stay a decent amount of time
They can see how hard they're working and its only connected to our studio...if you haven't heard of them look them up asap
We also do clothing orders, it's not something we mass order but we do one order a month, share the latest designs 💪
This will bring in a nice side income
3️⃣ Nutrition
This is one of those things you can sell separately
Most of us don't do in-depth nutrition with clients because we aren't qualified
But there's a load of software out there that you can put clients on
Or even if you can get in a third party to come in & do a talk
In fact, run nutrition seminars and sell it as a separate service 😎
4️⃣ Workshops
These are events you put on once a quarter
3-4 hours long
You have a certain number of places and charge a fee
This can be for current clients or prospects coming in
You could run a kettlebell and nutrition workshop 😇
And the money you charge goes straight in your pocket!
5️⃣ Events
For example, we are bringing out our first ever FitPro Conference
We're charging people to turn up for the event and that's another side income
When it comes to your fitness business
Contact local fun runs and see if you can take part
Things like tough mudder are an awesome way to inspire your gym community
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Those are 5 different ways to generate new income, new business or launch something different to what you're currently running
Build it up slowly 👊
David :)
