694. Money Talk | Decrease Costs and Increase Revenue With Just A Budget

Best Hour of Their Day | Podcast · Dec 13, 2023 · 1h 2m

Jason Fernandez and Nick True delve into the critical role of budgeting for CrossFit Affiliates. They explore three diverse scenarios: a newer gym in a low-cost area, a mid-level gym, and a struggling gym in a high-cost region. The discussion focuses on practical strategies to enhance revenue, such as adjusting membership rates, and emphasizes the necessity of cutting non-essential expenses. Key topics include the importance of owner compensation and the potential for staff expansion to improve gym operations. This episode offers a lifeline to struggling gyms with an aggressive plan to turn…