Why You Need to Focus on Continual Growth
Finding new clients is one of the most common ‘growing pains’ for any small business, and this is especially true of the PT industry because it’s so competitive. The businesses that succeed in the fitness industry are the ones that have a solid, foundational business plan and are continually looking for ways to innovate and grow.
Before we get into that however, it's worth noting that winning new clients isn't the only growth strategy you should consider. It's rare that a business doesn’t already have some resources that can help it grow. There's a good chance that you already have opportunities to grow your sales revenue beyond its current levels. That's why you need to review your business and look at what possibilities already exist to help you expand. For instance:
What it comes down to is paying attention to what your current clients need and giving it to them.
Another way of working with what you have is to update your business model. Sometimes you can discover growth opportunities by changing the way you do business—such as finding new fitness niches to occupy —especially if demand shifts. We've seen that with Covid-19—there's been a big uptake of online personal training and remote workouts with a lot of trainers going virtual. These are proving very popular even as we navigate 'the new normal' generated by the pandemic. It's well worth thinking about what online opportunities you can harness as a means of growing your PT business.
The success of your personal training business is also dependent on how big a share of the available client base you can capture. Convincing potential clients to choose you over your competitors is about differentiating yourself from the competition, showing what sets you apart, and providing the best experience possible to back up your claims.
Our downloadable guide Growing Your PT Business - 7 Ways to Attract More Clients is aimed at helping you increase your sales and grow your business with 7 tips to set you on the right path
The eBook also offers a series of ‘Top Tips’ aimed at putting into practise these seven goals. For instance, providing a top level client experience often means harnessing business management technology that will help you to save on admin time so you can focus on growth.
It's easy for PTs to become consumed with the daily demands of their business, i.e. their clients and how they're progressing. However if your business is going to grow and become more profitable, you do need to make time to plan your business around fitness trends, trial key growth strategies and focus on the long-term direction and goals of your business. Continually refer to each of our seven growth tips, and keep on top of each one so that your business doesn't stagnate.
Ready to set your PT business on the path to continual growth? Download the eBook and get your journey started.