We get it. Most of us don’t open our boutique fitness studio to analyze spreadsheets. But if you’re not checking your numbers regularly, you’re actually jeopardizing your business.
Get a brief overview of what’s essential to keep an eye on (and why) with Matt Hanton and Conor McGarry in Episode 718: The 5 Must-Know Metrics Driving Studio Success.
- Fill the room: aim for 70-80% capacity utilization to meet real demand
- Stabilize cash flow: build memberships to about 70% of monthly recurring revenue
- Compel the curious: convert more leads to intros and intros to memberships.
- Extend the stay: maximize retention as a marketing strategy & profit multiplier
- Evaluate expenses: keep instructor payroll at 30-40% of your total revenue
Together, these numbers tell the true story of your studio’s health—and where to focus if you’re struggling to achieve profitability or sustainable growth. Do yourself a favor with Episode 718.
Catch you there.
With grit and gratitude,
Lisé
LINKS:
https://www.instagram.com/studiogrowco
https://www.linkedin.com/company/studio-growco/
