Exit Strategies for Pilates Studios & Gyms

Do You Need an Exit Strategy for Your Pilates, PT, or Fitness Studio?

As a fit biz owner, your business is your baby. So when someone asks you what your end goal is, it’s perfectly normal to side-eye and say, “Nothing. I’m going to be a business owner forever!”

And while that may be true, have you ever thought about retiring? Growing into a partnership? Acquiring new facilities and equipment? … Selling the business?

This is where an exit strategy comes into play. But before you run off, know it’s not as scary as it sounds. If I can wrap my head around it and get comfortable with creating my own, I know you can too!

Let’s define exit strategies for fitness studios

Investopedia defines exit strategy as “a contingency plan executed by an investor, trader, venture capitalist, or business owner to liquidate a position in a financial asset or dispose of tangible business assets once predetermined criteria for either has been met or...

Continue Reading...

in Palm Beach, Florida
on November 3-4, 2022.