” As a gym owner, the key to growing a fitness center is focusing on performance and profitability. At ABC Financial, we’ve worked with thousands of fitness centers and know what it takes for gym owners to be successful. Focusing on key performance indicators (KPI’s) will allow you to understand your gym’s profitability. If you… Continue reading How to Grow Your Fitness Center using Gym Management Software
5 Things to Consider Before Owning a Gym
” Congratulations, you’ve decided you are ready to become a gym owner. The global fitness and health club industry generates more than $80 billion in annual revenue. However, just because the market is great does not mean you should dive into the industry without proper research and planning.
IRS Reporting Requirements | ABC Financial
” ABC Financial would like to remind you of the IRS reporting requirements concerning 1099-K’s. The 1099-K will be sent out to all clients that had any credit card collections in the 2017 calendar year. We will send the 1099-K’s to be printed and mailed by January 31, 2018. The 1099-K will be from ABC… Continue reading IRS Reporting Requirements | ABC Financial
5 Gym Financial Reports That Every Gym Owner Must Treasure
” As a gym owner, one of the most important ways to measure your success is by analyzing your gym’s financial reports. How much revenue are you generating vs. how much are you putting into your business? The only way to get a clear answer is to study and treasure the five gym financial reports… Continue reading 5 Gym Financial Reports That Every Gym Owner Must Treasure
ABC Financial and Reunify Announce Vendor Relationship
” LITTLE ROCK, AR., (January 12, 2018) – ABC Financial (ABC), the leading software and payment processing provider to the health and fitness industry, announced their preferred partnership with Reunify.
What to Look for When Selecting Gym Payment Processing Technology
” By:Ali Adcock
IMPORTANT MESSAGE REGARDING CHARGEBACKS
” Effective February 1, 2018 the Chargeback Fee Structure is CHANGING. The Point of Sale Chargeback Fee of $29.00 will be reduced to $19.50. This $19.50 Chargeback Fee will also be implemented on ALL recurring billing chargebacks, including membership billing, recurring service and club account. If you have any questions, please contact your Account Executive.
The Secret to Increasing Average Price per Member
” With all good secrets, there’s a story. This story starts with how did we get here, how did the average price of a membership get so low? The introduction of the low-price high-volume business model created an immediate short-term surge for the industry. The attractiveness of the low-price offering was designed to bring in… Continue reading The Secret to Increasing Average Price per Member
ROI with Mobile Marketing
” Mobile marketing for the Health and Fitness industry made a big splash in 2017. The ability to communicate instantly with prospects and members through an automated platform reduces marketing costs, increases revenue and helps obtain quick ROI.