Thinking of hiring a new coach for your gym but worried about the cost? You're not alone. Many gym owners hesitate to hire because they're scared it'll cost too much, especially if they're not making enough money yet. But here's the thing – hiring someone is actually about making more money. When you bring on new staff, you're basically expanding your capacity to serve more clients, boost sales, and grow your business.However, you don't just bring someone on board and hope for the best. It involves a well-thought-out strategy, beginning with a clear understanding of the financial aspects involved.That's where Tim and Randy come in. This week, they'll be sharing their proven approach to hiring for driving sustainable growth in your business.Join them for this episode as they break down the common challenges faced by gym owners when bringing on new team members, such as budget constraints and the stress of financial commitments. They’ll also provide a strategic analysis of your gym's finances and offer a detailed, step-by-step guide to adding new staff.Tune in to uncover the maths behind smart hiring and boosting your gym’s growth.Key Takeaways:Intro (00:00)Join our 500th episode celebration (00:52)The fear of hiring new staff (01:40)Calculating the cost of a new hire (03:09)Strategic planning removes fear (08:52)The importance of logical decision-making in business growth (09:31)Recap - steps to hiring a new coach (10:17)Additional Resources:- Join our 500th episode celebration! Ask a question via voicemail, and you might hear it answered live! Click here.- Business Accelerator Program winninggym.com/call- Learn more about The Iron Circle - Business Talk with Fitness Professionals Facebook group - Jump on a call with Randy---If you haven't already, please rate and review the podcast on Apple Podcasts!

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