Learn how to crunch the numbers to optimize revenue with these takeaways from an IHRSA 2018 session.
Strategy & Finance
The pricing information in Profiles of Success can serve as a guide when developing your own club’s pricing strategy. Our research expert breaks it down.
Gale Landers’ business algorithm has turned Fitness Formula Clubs into one of Chicago’s dominant health club chains.
During his IHRSA 2018 session, Don Murphy of Gold’s Gym Newburgh shared insights gained from his 30 years’ experience, from member onboarding to marketing strategies.
Costs and logistics have held back some club owners from going green, but creating a sustainable-energy gym is quickly becoming a winning strategy—especially with younger consumers.
By employing Six Sigma, the Cincinnati Sports Club eliminates problems-one, by one, by one.
Depreciation, or "maintenance capex," is a real expense in the health club industry. Here's what you need to know.
As the New Year begins, a group of IHRSA's newest health club members set their sights on the next 12 months and beyond.
Successful health club businesses are built on a long-term vision surrounding strategic goals and a short-term vision surrounding actionable planning.
If you only use automatic billing for membership dues, you’re missing opportunities to optimize your gym’s revenue streams.
To grow your business, you have to evolve and take risks. Here's how to make sure the industry's changing trends don't leave you behind.
The Sansone brothers opened their first club 30 years ago. Today, The Edge Fitness Clubs have 16 fitness centers, with number 17 expected to launch in February.
The Total Fitness CEO shares the growing company's formula for success in the burgeoning Polish health club market.
Health club operators who reinvest in their business can profitably impact key performance indicators (KPIs), according to IHRSA's 2017 Profiles of Success. Our research expert explains.
It can be difficult to step back from daily operations to think about long-term strategy. Here are some questions that should be on your radar.
The discount fitness market in Germany exploded since its birth in the 90s, but its growth is beginning to slow down, says PRIME TIME fitness Founder Henrik Gockel.
Ancillary income is always second priority to membership dues, but you’re leaving money on the floor if you don’t have a strategy for non-dues income growth.
Learn how two club operators who faced location and design roadblocks managed to transform their ideas into brick-and-mortar successes.
Tracking cash flow and managing funds for growth in the midst of ongoing market disruptions require special expertise.
With so much financial data at our fingertips these days, it's hard to know which key performance indicators (KPIs) to monitor. So we asked an expert.
Creating a strategic plan from scratch can be a massive undertaking for any health club owner. This roadmap will get you started.
There are three new strategic schools of thought when it comes to health club strategic planning. Find out which is right for you.
Many clubs are strengthening their bottom lines with ancillary services. Here's a look at 10 creative new revenue streams.
It's easy for a strategic plan to veer off course. Merritt Athletic Clubs VP Mark Miller shares three tips to keep your strategic plan on track.
It's critical to understand several factors when it come to calculating the local demand before opening a new club. These four matter most.
In partnership with IHRSA, STR’s benchmarking platform provides the club industry with ongoing findings and insights into club operations and market growth.