Listen "Rent a Coach – Creating Revenue Streams Through On-Demand Personal Training and Class Rentals"
Episode Synopsis
This text presents a white paper by Jim Thomas on the "Rent a Coach" model, a strategy for gym owners to monetize unused space and time. The paper explains how gyms can rent facility space to independent personal trainers, benefiting both parties by maximizing utilization for the gym and providing trainers with a facility to operate from without significant overhead. It covers implementation steps like evaluating space, setting prices, recruiting trainers, and using software, while highlighting the benefits for gym owners such as diversified revenue and attracting new audiences. The document concludes by emphasizing the transformative potential of this model for increasing profitability and community engagement.www.fmconsulting.netwww.linkedin.com/in/jimthomasconsulting
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