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Maximize the profitability of your sports training facility

Turn your facility’s spaces into profit centers.

Historically, sports facilities and training academies have relied on maximizing capacity to generate the most revenue – whether that be filling up classes, time slots for lessons, or renting resources – to maximize revenue.

But, many sports businesses struggle to determine which programs or resources are responsible for those numbers.

Use this simple calculation to maximize profit and to help in deciding what equipment or offering you should reduce vs. shut down.

This exercise will help you:

  • Identify where you achieve the highest gross profit and where you are losing/will lose money.
  • Identify opportunities to convert equipment and smaller spaces within larger areas into individual, "bookable" resources.
  • Short term: Assist in selecting which pieces of equipment to put a “Closed for Social Distancing” sign. Should you do that for every other piece, or should you just remove low margin equipment and space higher margin equipment to accommodate social distancing?
  • Long term: Help improve how you see your business and give you new insights into how you can improve margins over time. Should you increase the price, or should you decrease the costs?

Download the worksheet!

Additional resources you may enjoy:
Template

Membership Agreement Template

Membership agreements play a vital role in the sports training industry, offering clarity, protection, and peace of mind for both your business and its members. Use this template to build one for your business!

Download

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