We Found Over $100K in Savings From Analysing P&Ls … and You Could Too
Description
Do you feel like your costs are creeping up but you don’t know where to start cutting?
Or you feel like you’re working crazy hours but STILL never seeing the money hit your bank account?
Then this one is for you.
Today I’m sitting down with Benny, Geronimo’s COO to talk about what it looks like to have a PROFITABLE business.
The conversation we're having today is something usually only people within the academy have access to but after Benny found $100k after auditing just a couple of our studios we knew we had to bring it to the pod.
We’re talking about how much you should be spending on wages each month, when is the right time to hire additional staff, and the immediate actions you can take if your expenses are too high.
Tune in to find out:
- Why 10% profit is your new breakeven… and how to hit it
- Common wage mistakes that are draining your bank account
- The one thing you NEED to stop doing if you want to make profit in 2025
- The quick fixes Benny finds in studio P&Ls that will save you thousands
… and a whole lot more
Prefer watching to listening? Check out the video version of the podcast here.
WANT MORE:
- To say thank you for listening to the pod we’d like to gift you a FREE session to brainstorm a 3 Step Action Plan for your gym or fitness studio so you know EXACTLY what step you need to take to grow. Book in yours here
- Want to follow along behind the scenes? Check out @thegeronimoacademy and @hey.doza
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