Pete Moore - Understanding the Finances of Fitness


Manage episode 292997014 series 2391250
Stworzone przez Pete McCall and Glassbox Media, odkryte przez Player FM i naszą społeczność - prawa autorskie są własnością wydawcy, a nie Player FM, a dzwięk jest przesyłany bezpośrednio z ich serwerów. Naciśnij przycisk Subskrybuj, aby śledzić aktualizacje Player FM, lub wklej adres URL kanału do innych aplikacji podcastowych.

The purpose of a business is to generate a profit by delivering a product or service to customers. The primary business model of the fitness industry is based on collecting monthly membership dues to have access to a facility to use the equipment and/or take instructor-led exercise classes. Because the membership model can provide a consistent revenue stream, over the past 15 years or so private equity and finance groups have become more involved in the fitness industry. One result of the 08-09 recession that disrupted financial markets is that fitness operations became viewed as businesses that could generate consistent revenue even in tough times.

Pete Moore is the founder of Integrity Square, a firm that connects entrepreneurs with capital resources to expand and grow their business. Pete discusses the strength of fitness as a business, identifies different ways that investors look at opportunities in the fitness industry and discusses how the post-COVID future of fitness could evolve. Look into the future by understanding the finance of fitness on this episode of All About Fitness.

To learn about the finance of the HALO industry (which includes fitness) listen to Pete Moore's HALO Talks podcast:

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