business

Starting a gym business plan

Statistics indicated strong business growth opportunities for starting a gym business plan your own gym business, but how can you tap into this by starting your own gym business? Department of Labor expects industry growth as fast as average when compared to other occupations.

Statistics indicate that the 103,077 fitness businesses throughout the U. 30 billion annually according to a 2017 record. Creditability is important when opening a gym. Loan officers and customers will regard your level of industry experience as a reflection of your competence and abilities. The American Council on Exercise and the International Health, Racquet and Sportsclub Association offer certification and business education courses that will help establish your professional credibility. Review and select the gym business services.

Gyms offer a number of services to their clients from rehabilitation to weight loss. Determining your customer base factors into the type of services and classes your gym will offer. For example, a gym catering to older adults may want to offer rehabilitation services and gentler disciplines of exercise such as yoga, pilates and low-impact aerobics. Find a gym location that will support the services your gym will offer.