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Physiomed Deal To Purchase Premier Fitness Locations Collapses
Thursday, March 1st, 2012Dr. Scott Wilson, founder of Physiomed (see www.physiomed.ca ), established 21 health clinics in Premier Fitness clubs where he has operated for over 15 years. These clinics, staffed by chiropractors, physiotherapists, kinesiologists, chiropodists, nutritionists and other health professionals assist members to lose weight, recover from injuries, manage chronic conditions and improve athletic performance. In late […]
Popularity: 7% [?]
What is Your Club Worth? Part 5
Thursday, March 1st, 2012By: Mike McPhee – 5th of 6 in this Series
In our 5th (Feb.) edition of this 6-part series, we introduced the “8 cylinders” (yard-sticks) by which our company measures the value of a club; which are: 1. Location & Local Market Conditions - 2. Physical Plant Condition; 3. Quality of Assets/Chattels Onsite; 4. PAP Revenue […]
Popularity: 3% [?]
19% of Generation Y Americans Were Members of a Health Club
Thursday, March 1st, 2012The International Health, Racquet & Sportsclub Association (IHRSA) released The IHRSA Trend Report: Fourth Quarter 2011 Executive Summary. Conducted in partnership with the Leisure Trends Group, Boulder Colorado, the report examines why Americans join, stay, & leave their health clubs. The fourth quarter installment analyzes Generations X and Y consumer attitudes’ towards health club membership. […]
Popularity: 2% [?]
Commercial Clubs Continue Robust Performance in 2011
Thursday, March 1st, 2012IHRSA Announces Index Fourth Quarter and Full Year Results
The International Health, Racquet and Sportsclub Association (IHRSA) announced the release of the IHRSA Index results for the fourth quarter and full-year 2011, which reports the financial performance of a sample of the commercial health club industry. Results from 15 leading U.S. health club companies, […]
Popularity: 2% [?]
What’s in a Name?
Thursday, March 1st, 2012by Robert Foster, President of Trainers On Site
Back in 2008/2009 right after I formed my company Trainers On Site, I used to watch this great entrepreneurial show called “The Big Idea” with Donnie Deutsch. One of my favourite segments of this show was called “Do I have a Million Dollar name”?
People would call in and […]
Popularity: 2% [?]
ACE Evaluates Impact Of P90X™ Workout
Wednesday, February 1st, 2012The American Council on Exercise (ACE) announced the results of a study it commissioned to examine the effectiveness of P90X™, a 90-day, bootcamp-style home exercise program that is a popular example of the interval-training style workouts identified by ACE as one of the top fitness trends to watch in 2012. The study found that […]
Popularity: 2% [?]
What is Your Club Worth? Part 4
Wednesday, February 1st, 2012By: Mike McPhee – 4th of 6 in this Series
In the previous article, we introduced the acronym T-EBITDA-Q (Times EBITDA Quotient). This is the mathematical tool we use to appraise a particular club’s value, by applying it to the standard “6 Times EBITDA” benchmark - which is the maximum an club could expect to receive […]
Popularity: 3% [?]
The Branding Game
Wednesday, February 1st, 2012by Robert Foster, President of Trainers On Site
Do you believe in branding? What is branding anyway? To some, branding can be summed up as “multiple points of advertising.” To others branding is equated with spending large amounts of money that they could never afford.
But branding doesn’t have to be all about spending advertising dollars. […]
Popularity: 3% [?]
