BUSINESS-BUILDING BLOG

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03/11/2020

Can You Continue to Fund Your Business Growth? A Look at Your Balance Sheet

Can your membership business continue to fund its growth? The balance sheet can answer this for you right away. Knowing how to read a balance sheet, you’ll also be able to have a relevant discussion about it — or a discussion about the balance sheet of a business you’re interested in acquiring. In addition, the… Read More »

AllManaged Billing

02/06/2020

10 Proven Ways to Slash Delinquency Rates & Boost Cash Flow for Your Martial Arts Business

Imagine a martial arts studio owner struggling with unpredictable payments from members. They are constantly chasing overdue payments … stressed by the uncertainty of unsteady cash flow … worried whether they’re going to have enough to make rent for the month. Then they turn to Member Solutions. Through our managed billing services, we guide them… Read More »

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01/15/2020

Profit & Loss Statements: What Every Business Owner Should Know

As an owner or manager of a business, you’ve likely heard of a Profit and Loss Statement (also known as a P & L Statement). But do you know what it is and understand its components? It’s important to understand in order for you to talk knowledgeably with your managers, bankers, tax advisors, and investors.… Read More »

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09/17/2019

How to Run a Successful Anti-Bullying Event in Your Martial Arts School

Martial arts schools have the opportunity to play a leadership role in bullying awareness, education, and prevention. Hosting anti-bullying events, can help reduce the negative impact of bullying in your community. It can also help get the word out about your martial arts school. The Role of Martial Arts in the Anti-Bullying Movement   I… Read More »

Easy 12-Step Event Checklist for Planning Success

Whether you’re new to event planning or you’re a seasoned professional, an event checklist can help you reduce stress and delight attendees with an exceptional experience. We’ve identified twelve simple steps to the event-planning process that you can follow to execute a successful event of any size for any industry.  1. Set a Purpose &… Read More »

How to Plan Martial Arts Birthday Parties for Kids

Getting leads and new members Creating business partnerships Increasing retention and your school’s sense of community Improving your recurring income With a targeted plan, like the one we’ve outlined here, you can start using birthday parties tomorrow as a part of your business strategy. It’s important to know that you, the owner, do not have… Read More »

AllManaged Billing

12/03/2018

Why Involuntary Attrition Is Killing Your Member Retention

When you’re losing the battle for member retention, it’s impossible to ignore. Complaints, poor attendance, and painful cancellations show a clear problem. But what about when content members disappear without notice? While on the surface it seems like your member retention is rock solid, a silent killer may be lurking. Due to failed, expired, or… Read More »

Make Email Newsletters Work for Your Fitness Business

Do you send an email newsletter for your business? If the answer is yes, great! You’ll see some great tips later on to get your email newsletters performing even better. If the answer is no, what’s the reasoning? You probably get a few in your inbox on a regular basis if you subscribe to industry… Read More »

8 Fun & Easy Holiday Event Ideas

Here in Philadelphia, the fall weather is finally settling in with cooler temperatures, changing leaves, and Eagles football. What may not come to mind immediately is that it also is the perfect season to plan your holiday events in advance. Depending on the complexity of your event, it may take weeks to several months to… Read More »

4 Steps to a Genuine Membership Sales Pitch

Does selling memberships make you feel greasy? It shouldn’t! Think of it this way: Your sales process is not only the key to more money for your martial arts school—it’s also the way to discover who needs your talents the most. A good sales process is less of an outright pitch and more of a… Read More »