|
Anatomy of a Profitable Fitness Budget
|
| Session # |
B01
|
| Date/Venue |
Wednesday,
05/27/2009
12:00PM
- 1:30PM
|
| Description |
Description:
CEUs Awarded: ACE (.1), ACSM (1.5 contact hours), AFAA (1.5), AFPA (1.5), Cooper (1.5), IFPA (1), ISSA (.5), NCSF (.75), NFPT (.5), USPTA (.5), WITS (1.5)
How much profit does a session net your company? How do you set the prices for your sessions? How do you handle the escalating costs involved in running your fitness center? Take a crash course in fitness finances. Walk through the budgeting process and come to understand all the variables involved in making your business profitable.
|
|
Speaker(s)
|
Speaker(s):
Tony Tamules, Fitness Manager, Woodfield Country Club
|
|
Track(s)
|
Track(s):
Business Management
|
|
Session Type
|
Session Type:
Solo speaker
|
|
Duration
|
Duration:
75 Minutes |
| Format |
Format
- Lecture: Sessions are in a meeting room with a stage area, podium and some sort of presentation. Please indicate in your description if the lecture is by a solo speaker, two speakers or a panel of presenters.
- Active Training Sessions: Sessions or workshops that include both a lecture and a demonstration of the material, either with equipment or a workout.
- Roundtables offer you the opportunity to discuss a key area of your operation with your peers. There are no speeches; the registrants for each roundtable are the “faculty.” Attendance may be limited to ensure an interactive discussion.
- A pure exercise class would take place in Club Studio on the show floor, which is open to all attendees.
:
Lecture |
|
Ability Level
|
Ability Level:
Level 1: topic of general interest |
|
Learning Objectives
|
Learning Objectives:
1.Understand that profit starts at the budgeting phase by establish a profit margin, team volume and individual goals.
2.Compile personal training expenses involved in operations including capital for future investments, education and your “wish list”.
3.Establish tracking systems to control expenses and revenues and develop the habit of monitoring these factors.
4.Determine the price of your training sessions, volume of production and number of trainers required to meet this business objective.
5.Map out a game plan for future business decisions and budgets. |
|
Methodology
|
Methodology:
Fitness managers, club GMs and owners |
|
|
1894103Speaker0_Session1894_1.pdfhttp://east.clubindustryshow.com/east2009/Custom/Handout/Speaker0_Session1894_1.pdfB01Handout