As Controller of Zen Planner, I understand the need for sound finances in running any business. But I also recognize that not everyone enjoys spending their time examining balance sheets and bank statements. For that reason, I’ve complied a few tips that will help you plan for success when opening your fitness business. Hopefully, these tips will free up some time for you and allow you to focus on doing what you love, which is changing lives through fitness.
With yoga gaining popularity in the United States, selling retail at studios has become expected by members. Whether you’ve considered selling retail at your studio or dismissed the idea all together, it may be worth weighing the benefits.
The least exciting aspect of running a box is the financial management part. If you wanted to be an accountant, you’d be sitting at a desk wearing a suit and tie. But you don’t, and we can help. We talked to some financial management experts and came up with these tips to help you manage your future box’s finances as smoothly as you do those double unders.
After digging into the data, our team was able to develop our 2017 Yoga Studio Benchmark Report, which features the most detailed financial performance data available in the yoga industry.
Payment processing is a complicated topic for business owners because there are a myriad of details that contribute to what percentage your business is charged for each transaction. At Zen Planner we want to help our clients’ businesses grow, and one way to do that is by providing guidance on how to save money on payment processing.
We commonly hear studio owners ask about the best ways to run their business. So we dove into it. After analyzing the results, we uncovered the top three things thriving studios around the world are doing to run successful businesses.
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