The purpose of a business is to generate a profit by delivering a product or service to customers. The primary business model of the fitness industry is based on collecting monthly membership dues to have access to a facility to use the equipment and/or take instructor-led exercise classes. Because the membership model can provide a consistent revenue stream, over the past 15 years or so private equity and finance groups have become more involved in the fitness industry. One result of the 08-09 recession that disrupted financial markets is that fitness operations became viewed as businesses that could generate consistent revenue even in tough times.
Pete Moore is the founder of Integrity Square, a firm that connects entrepreneurs with capital resources to expand and grow their business. Pete discusses the strength of fitness as a business, identifies different ways that investors look at opportunities in the fitness industry and discusses how the post-COVID future of fitness could evolve. Look into the future by understanding the finance of fitness on this episode of All About Fitness.
To learn about the finance of the HALO industry (which includes fitness) listen to Pete Moore's HALO Talks podcast:
https://www.halotalks.com
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Learn how your muscles and fascia function as an integrated system to move your body along with how to design the most effective exercise programs for the core, legs, inner thighs, shoulders AND glutes. 0.2 CECs - ACE, NASM and AFAA
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