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The Best Studio Business Model

The Best Studio Business Model

FromAlloy Personal Training Business


The Best Studio Business Model

FromAlloy Personal Training Business

ratings:
Length:
27 minutes
Released:
Jul 22, 2020
Format:
Podcast episode

Description

Gyms across different states have been unfairly targeted with the shutdowns, without any relevant data showing that they are responsible in any way for spreading the virus. Some gyms have been closed again which is very frustrating. In the episode, we look at the kind of business model you need moving forward.First off, we believe that in-person gym training will not go away. People will still need to come back to the gym for the social and community aspects of it. However, you also need to have virtual training in place for circumstances such as these and for those people who may prefer it.You need to be equipped with the technology, staffing and structure to go virtual. So, the best business model is a combination of the two; live training and virtual. For clients who prefer to come to the gym, you have to build their confidence with the cleaning, and social distancing protocols.Having the tools and expertise to pivot in either direction should be the goal of any gym. That way, whatever happens, you don’t lose your members because you can’t really predict what will happen in the future as we have learned so far. In addition, coming out of this, we’ll have some people who will prefer to continue training virtually. This creates another income source for your gymKey TakeawaysThe implications of gym getting closed again across different states (00:53)In-person training in the gym will not go away (05:42)Being equipped with the technology, staffing, and structure to run both live and virtual training (07:08Having the right tools to service personal training clients (11:19)Why franchises will be forced to disclose how COVID affected their financials going forwards (20:18)How a hybrid model works best to service all personality types (23:15)Being ready to pivot quickly in either direction by having the right assets in place (25:51)Additional Resources:www.AlloyPersonalTraining.comLearn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
Released:
Jul 22, 2020
Format:
Podcast episode

Titles in the series (100)

Are you ready to take your fitness business to the next level? Be sure to visit us at: http://bit.ly/alloy_franchise Listen in for secrets and tips on running a successful Personal Training business. From marketing, staff management, trends, programming, pricing, and many other subjects in between, speaker and award-winning fitness industry legend Rick Mayo, founder of the Alloy Personal Training Franchise, covers it all.