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What is Your Club Worth? P4

n the previous article, we introduced the acronym T-EBITDA-Q (Times EBITDA Quotient) * which we use as a mathematical tool to appraise a particular club’s value, by applying it to the standard “3 Times EBITDA” benchmark - which is where we start before applying these other mitigating factors – or quotients. The various quotients used represent a plethora of factors and/or variables (as listed in our first article of this series) that influence (for better or worse) the value of a club.

In this, and our final two submissions of this series, we will explain not only the merit of considering such factors when assessing a particular club’s value, but more importantly, the actual degree (in dollars and cents) to which they can influence the club’s sale price.

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Posted in Premium Content, Management, Financial, March 07 | No Comments »

Why People Quit - Part 3

Less than one-third (29%) of survey participants indicated that, while they hadn’t renewed their most recent club membership, they’d probably join another facility during the coming year; in all but one case, these ex-members cited a club-related issues as the main reason for their departure from their former club.

Popularity: 4% [?]

Posted in Premium Content, Management, FitNet, March 07, Membership | No Comments »

Consumer Article: The Top 10 Workout Technique Mistakes

Provide your clients with tips on some of the most common Top 10 mistakes they need to avoid.

Popularity: 8% [?]

Posted in Consumer, Exercise, FitNet, March 07 | No Comments »