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Wednesday
Oct302013

Where in your club should you put money?

Image courtesy of Stuart Miles at FreeDigitalPhotos.netYou are a club owner or manager and you have money in the budget to put back into the club. Unfortunately, there is not enough in the coffer for everything on your “to do” list.

So, where do you earmark the funds? Do you reinvest in the physical building—new reception area, locker rooms or flooring? Or, maybe it is finally time to expand to add a new group exercise or yoga room. 

On the other hand, new equipment is always a smart choice. Members certainly notice out-of-date, or, gasp, broken and worn-out, machines and accessories.

Anyone who has sold their home knows the money put into bathrooms and the kitchen is money well spent and comes back two-fold in the home sale price. So, what is the best return on investment in a club?

Read on to see the rest of the story.

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