BUILD CUSTOMIZED FINANCIAL PROJECTIONS FOR YOUR FITNESS BUSINESS

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Over the last 5 years, the team at Rigquipment Finance has invested more than $10 million towards helping gym owners open or expand their businesses. A critical part of what we do relies on our ability to accurately estimate the future financial performance of a gym.

NOW WE’RE PUTTING THAT POWER IN YOUR HANDS

Knowledge is Power

Establishing a budget is one of the most powerful things you can do to improve and grow your business. Beyond providing a road map for your business goals, it will help you understand the financial ramifications of the decisions you make on a day-to-day basis. And by quantifying the impact of these decisions, you’ll be better equipped to handle them.

A Business Plan in Minutes

One of the biggest attractions of an independently operated gym is the freedom it provides the owner – you have total control over how you run your business. We built FitProfitPlanner with the flexibility necessary to allow you to build fully-customized financial projections that best reflect your business plan.

Connect with the Experts

Building financial projections on your own can be a complex and confusing exercise. Although we designed FitProfitPlanner to drastically simplify this process, we recognize that most owners are still going to have questions or would benefit from a little guidance along the way. We are here to help and we have a team of experts standing by at Rigquipment Finance to help make your dreams a reality.

About FitProfitPlanner

We built FitProfitPlanner based on our experience working with thousands of gym owners and we are excited to provide this tool to help you prepare customized financial projections for your business.

A short questionnaire will guide you through the process and give us all the information we need to crunch the numbers for you. You’ll also have the opportunity to evaluate your projections under a variety of scenarios to examine the financial implications associated with each.

We’re also proud to say this incredible tool is 100% free. No purchase required – now or in the future – and no obligation to buy or commit to anything to use it.

After working through our step-by-step guide to build your projections, you can return at any time to review and update your assumptions, or to compare your actual performance with what you had projected. Your financial model can be completely customized and your information is kept 100% confidential.

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ENHANCE YOUR STRATEGIC PLANNING PROCESS

Creating a budget is one of the most powerful things you can do to improve your business. With FitProfitPlanner, you can establish your roadmap to success in three easy steps.

1. Tell Us About Your Business
A short questionnaire will capture everything we need
2. We Crunch the Numbers
Sit back while our financial models do the heavy lifting
3. Review, Refine, and Re-Test
Real-time data analytics provide instant feedback and insights

Don’t know where to start? We can help.

Whether you’ve been operating for years or are planning to open a new facility, FitProfitPlanner is the perfect tool to help you create a budget and project the growth of your business over time.

How do you on-board new clients at your gym? FitProfitPlanner has the capability to handle a variety of customer acquisition and conversion systems.

Do you offer multiple types of classes or programs at your facility? Are memberships structured as month-to-month agreements? Do you offer varying price points for contracts with longer-term commitments? With FitProfitPlanner, you can capture all of these differences to get maximum insight into your revenue estimates.

Will your cost to operate change as your membership grows? FitProfitPlanner can help you plan for increased coaching and staff requirements over time and evaluate the impact of varying compensation structures.

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Ensure You Are Sufficiently Capitalized to Support Your Growth Plan.

Many small businesses fail as a result of being undercapitalized – they don’t have sufficient cash reserves to support the business if growth slows or unexpected problems arise. FitProfitPlanner will not only help you refine your baseline estimates, but it will also help you understand how much you should have in reserve in case things don’t go as planned.

Estimating the up-front costs required to open or expand your facility is easy, but estimating the cost of keeping it open is much more difficult. FitProfitPlanner will walk you through both sides of the budgeting process.

Permitting delays, contractor cost overages, and unforeseen expenses are common occurrences for businesses that are opening or expanding. While it’s impossible to predict the future, FitProfitPlanner will help you quantify the financial impact of events like these.

Many owners believe that if you build it, they will come...but what happens if they don’t? Can you survive if membership grows at half the rate you are projecting it to? What if it takes you twice as long to break-even? With FitProfitPlanner, you can evaluate how your financial projections change under various growth scenarios to ensure you have sufficient working capital reserves to survive.

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Tour FitProfitPlanner

  • Knowledge
    Is Power

    Understand the financial implications of the decisions you make every day.

  • A Business Model
    In Minutes

    Create fully-customized financial projections that truly reflect your business plan.

  • SCENARIO PLANNING
    FOR SUCCESS

    Test your strategy under a variety of conditions to ensure you are prepared for the future.

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