We just wrapped up quarter one in the fitness industry, and while it typically brings in a lot of new customers due to New Year's resolutions, by March, some of those customers may have already fallen off.
It's time to go back and assess your P&L numbers. Take a keen look at all your expenses and get rid of those you no longer need
Take the time to review your subscriptions and see which ones you're not using. Those things add up over time, even if it's just $100 a month.
It's also important to assess your KPIs and margins to help you plan for Q2 and the rest of the year. Don't just admire the data — you have to take action on it.
Key Takeaways
- Time to review Q1 numbers (01:25)
- Look at your expense lines (02:06)
- Eliminate wasted expenses (02:45)
- Step up to the plate for Q2 (03:20)
Additional Resources
Passcode: BestYear2023!
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- Learn more about our Brand New Coaching Program for Gym Owners
- Grab your tickets for the 2023 FitPro Growth Summit
- Learn more about The Iron Circle
- Business Talk with Fitness Professionals Facebook group
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