If you are new to the Personal Training industry and are looking to make your very first entry into the market, it is vital that you’ve done the maths on the various alternatives on the market and figured out what is the best approach for you — let us look at gym rent.
The most common type of Personal Training “task” you may find promoted is your fitness center rent model. This entails is that you being your own small business owner, you want to have an ABN, handle your personal finances, taxation, superannuation and pricing and you pay weekly lease to the gym so as to use their centre to train your clientele. The fitness center will provide you with the titles of members, but you will mostly be working in your to recruit clients, book in appointments, conduct Training consultations and sessions.
Nearly all of this info should be covered in your business plan and marketing plan (which you should definitely already have planned outside if you are considering running your own company) — but let us put it all out and see how it appears.
You’ll be looking at approximately $300 a week, and many gyms will ask you to register a 12 month rental arrangement.
Annually $ 300 a week x 52 weeks = $ 15,600.
Let’s say that you charge $60 per session, you would need to complete 5 sessions per week so as to cover your fitness center lease.
(This is presuming you never take a week away! If you plan to take time off for a holiday or sick leave you Will Have to increase your weekly sessions to create a buffer for the unpaid time away)
Sessions a week
If you wished to earn $1000 a week (after paying lease), you would need to perform 22 sessions per week — if the average customer trains 2x a week you’d need 11 clients. Currently working 22 hours earn $1000 sounds like a very good deal — recalling you’d likely not have all your sessions lined up back-to straight back, there may be a couple in the afternoon and some in the day — most likely with gaps between.
22 sessions a week signifies 4-5 sessions (hours) a day, 5 days weekly. But don’t forget you don’t get paid for some of your phone calls, or your time spent reservation appointments, offering free sessions or consultations, balancing your novels, processing payments along with any marketing you tackle. You may likely
Spend as many hours on such actions as you do training, therefore 22 hours training quickly becomes a full 40+ hour work week.
Let’s say your final ratio is 20 percent (meaning out of your consultations, 20 percent or about one-fifth sign up to be clients, 20% could be considered a rather large closing ratio if working in a fitness center environement where nearly all members are NOT trying to find a PT, they are only wanting to have a basic membership) — to be able to get those 11 clients you desire you would need to complete 55 consultations. Bear in mind that those clients won’t all continue to train, you’ll have a substantial attrition rate — let us mention about one third drop out every month, this means you want about 3-4 new clients every month, so that means approximately 20 consultations every month.
Besides this, many gyms have a great number of Trainers to get a limited number of clients. You’ll end up competing with additional Trainers in precisely the identical facility for the exact clients, and that means you want to work out how and where you may find 20 new individuals to offer consultations to every month, and why they will choose you over the other trainers.
If you are a great Trainer, you are very efficient, have good reliable clients and you are an excellent sales person, then this type of gym lease function can work nicely for you! But if you are shy, battle with earnings, are not highly coordinated or battle with marketing then this function can be very hard for you just starting out in the industry!
If these amounts worry you, take a look at several alternative job options, find out exactly what Fitness Enhancement can give you for PT jobs along with Franchise opportunities.
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