10 Daily Tasks To Make Your Business Financially Fit
You May Not Be An Accountant BUT You Are A Critical Cog In The Financial Success Of Your Business
In order to make our fitness business (no matter the size) more profitable we have to:
- Raise our prices; or
- Sell more to our current customers; or
- Sell to more customers; or
- Examine our expenses; or
- All of the above
The ‘Get Financially Fit’ Quest this month for Active Management members is focusing on our cash flow, expenses and our professional help to achieve profitability. You can join the fun as we focus on getting our financial shit together.
The ‘Get Financially Fit’ Quest is for Active Management Members and you can become a member today by clicking here. Your investment is less than a dollar a day and you will not only get that investment back in the ‘Get Financially Fit’ Quest, you receive:
- Over 200 social media tiles to create engagement on social media platforms;
- Monthly marketing templates that just need your logo and club details inserted;
- Professional development videos for you and your team;
- Virtual roundtables run by world leaders in their field of expertise;
- A network of International fitness business owners you can connect and engage with; and
- More resources to make life easier as a fitness business owner or manager.
Business success is never easy. There are so many moving pieces to achieve our goals, so this month we want to focus on one moving piece: the expenses. The ‘Get Financially Fit’ Quest will add to your cash flow, increase your profit and help you feel in more control of your business.
Your first decision is do you want a financially fitter business?
If the answer is yes, then get your business financially fit this December and become a member now!
If you are already an Active Management Member . . .
How To Register
Step 1
Log on to the Member Hub. If you are not sure how to do this, click here.
Step 2
Once on the Member Hub you will see a Forum (green line with white writing) that says ‘Quest Central’ and below that a thread (black writing that will have a small red box with ‘NEW’ in it) that says ‘Get Financially Fit – starts 1st December.’ Click on this thread.
Step 3
Click on the ‘Who is in?’ thread at the bottom of the page and type “I’m in!” This will tell us which members are participating in the quest and you will immediately receive a badge and points in the Game of Fitness Leadership.
HINT: Your first tip to successfully complete the ‘Get Financially Fit’ Quest is as soon as you register, go to your diary – paper or computer – and allocate just one hour every workday for 2 weeks beginning 1st December. Have the discipline to do this NOW and manage your time to work on the business not in it. Not every challenge will take 60 minutes, so you will have some extra time in your day!
How To Participate
Step 1
The Quest begins today with your first daily challenge. Login to see what that challenge is and in your hour set aside for getting financially fit, complete the first challenge.
Step 2
Collaborative thinking and sharing in the ‘Get Financially Fit’ Quest is where the real learning happens. Go to the Daily Challenge in the Member Hub (by logging on) and share what you did, your experience and any advice you have for your fellow members. You will learn from their experiences and they will learn from you.
Step 3
Repeat every work day for 10 days.
Enjoy the ‘Get Financially Fit’ Quest and share your successes on the Member Hub. We know you’ll have many!
Justin is the Managing Director of Active Management, which he began January 2004. He offers coaching to businesses worldwide in everything from start up and design to marketing and sales systems. Justin also facilitates four Australian and New Zealand ‘fitness industry roundtables’ events, which allows him to see a huge cross section of business models.