Cashflow Vs. Cashout

Gym Business Coach Podcast · Mar 16, 2023 · 20m

The exit plan of an independently owned gym business is seldom a big windfall of cash.

There we said it.

It might come as a surprise to you, but the gym business is not a cashout type of business. There will be a few cases here and there, but this is not something you can bank on for your retirement.

Most of the people who are successful in this business understand that a gym is a cash flow business.

This means that you create enough cash flows in your business to cover the base operating expenses, then have some excess which you can reinvest in other areas to build wealth.

How do you ensure…