Episode 138: Here are my 4 years of P&L statements

Have you ever wondered what it takes to build a successful fitness business from the ground up? Today is a special occasion as we embark on a journey of transparency and insight. I'm revealing three years of Profit and Loss (P&L) Statements, diving deep into revenue, expenses, and profit margins.

In this episode, we're pulling back the veil on financial transparency in the fitness industry. I'll be sharing four years of P&L statements, offering insights into net profit percentages, labor costs, advertising expenses, rent allocations, and the precise tactics that drove our success. This exclusive opportunity is tailored for gym owners and fitness professionals looking to gain a deeper understanding of financial management and replicate our achievements in their own businesses.

What You Will Learn:

1. Revenue Breakdown: Gain insights into revenue trends and learn how to maximize income streams within your fitness business.
2. Expense Analysis: Explore the allocation of expenses, including labor, advertising, and rent percentages, to optimize financial efficiency.
3. Profit Margin Strategies: Discover the precise tactics and strategies that contributed to sustained profitability over three consecutive years.
4. Translating Insights into Action: Learn how to apply the lessons learned from these P&L statements to your own fitness ventures, accelerating your path to success.

When you are ready… Here are 3 ways we can help you:

1. Subscribe to this podcast

2. Join our Facebook group: https://urlgeni.us/facebook/gymownerfreedom  

3. Watch my free training on how I retired from my gyms in my 30’s: https://ptlegends.com/free-training-optin 

4. Want to get there faster? Book a 15-min call to learn about working with me or joining our community (this is NOT a sales call- leave your credit card at home): https://ptlegends.com/schedule