Top Metric #7: Net Membership

We’ve already explored how to monitor new and lost members in previous articles, and now we’re going to take the data one step further to net membership.  With a lot of members coming and going during the month, you need to know what your current total membership is at any given time. You also need […]

Top Metric #8: Lifetime Value (LTV)

We’ve come to our final metric in this series and we saved one of the most important for last. Lifetime value, or better known as LTV, is a metric that allows you to understand how much value each member provides your gym over the course of their time as a customer of yours. Let’s see […]

Top Metric #6: Lost Members

In the previous article, we covered staying on top of new memberships, but of course there will be members who leave your gym and monitoring that metric is no less important.  Members are the lifeblood of your gym so we made it a priority to provide you multiple ways to stay on top of expiring […]

Top Metric #5: New Members

At Arbox, we talk a lot about growing and scaling your business, and adding new members is key to making that happen. In a previous article, we discussed how important it is to keep your current members engaged, but that doesn’t detract from the necessity of constantly looking to improve your overall numbers and client […]

Why Your Dance Studio Needs an Efficient Management System

Whether you’re a seasoned dance studio owner or you’re fresh on the scene, one thing is for sure; digital is the way to go.  Managing all tasks on your own is no easy feat. And quite frankly, leads to a lot of human error and dissatisfaction. So why not invest in the right software for […]

Top Metric #4: Profit

At first glance, profit appears to be the golden metric for any business owner. You want to know how much money you’re really taking home every month and it’s a great indication of success. The issue generally is that not every platform allows you to accurately view your profit numbers.  In order to accurately calculate […]

Top Metric #3: Total Revenue

Revenue. A metric that’s pretty simple, but its simplicity shouldn’t overshadow its importance. Being aware of your total revenue is essential for monitoring the growth and success of your business. That’s why we’ve built some pretty robust data points into the Arbox platform to enable you to stay on top of your revenue in a […]

How to Optimize Your Club’s Class Schedule

For many fitness businesses, the core of what makes their engine run is a well-planned schedule full of various classes and workouts. While it may seem simple enough to create a robust schedule, it may be difficult to understand the needs of your member base as well as the right nuance of when to schedule […]

Top Metric #2: Average Revenue Per Month (ARM)

Without a doubt, one of the most important metrics to concentrate on when running a business is your monthly revenue. It’s obvious that your company has to make money every month or it won’t survive, but how many business owners are actually tracking their average revenue every month per client? Getting a handle on the […]

Top Metric #1: Length of Engagement (LEG)

When you opened your fitness business, it’s likely that one of your top goals was maintaining that coach and mentor connection you’ve always felt with your clients. We’re here to tell you that even as you grow your gym or studio to new heights, it’s still possible to keep that intact. According to Chris Cooper […]