5min chapter

WTF Gym Talk cover image

Creating A License Model, Reducing Payroll Costs and Financial Planning w/ John Briggs

WTF Gym Talk

CHAPTER

How Much Should You Pay Yourself as a Gym Owner?

Team member and rent are the two largest, especially for brick and mortar. If you can go less than 25%, then for sure, do that. As long as your team is being taken care of, I am not a proponent of anybody squeezing the life out of somebody just because you're greedy and want to make higher margins. Robie: "I like 15% for owners pay"

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