The Fast Fix: How a 15-Minute Audit Can Increase Your Gym’s Profit Margins Today

25/05/2025 15 min

Listen "The Fast Fix: How a 15-Minute Audit Can Increase Your Gym’s Profit Margins Today"

Episode Synopsis

This text presents Jim Thomas's "The Fast Fix," a 15-minute audit designed to boost gym profitability without needing significant changes. The audit focuses on three key areas: analyzing the membership base to recover lost revenue and encourage upgrades, reviewing expenses to eliminate waste from subscriptions, payroll, and utilities, and finally, assessing pricing strategies to ensure the gym charges appropriately and monetizes underutilized assets. By implementing quick actions based on this simple process, gym owners can achieve significant and immediate financial gains, with a recommendation to perform the audit regularly to maintain momentum and prevent profit leaks.www.fmconsulting.netwww.linkedin.com/in/jimthomasconsulting

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