Why Do Fitness Businesses Fail? Five Top Reasons
The fitness industry is growing at a remarkable rate: 2017 was a record year for health clubs, according to the International Health, Racquet & Sportsclub Association (IHRSA). And yet gyms can and do fail. Which begs the question: What is holding some fitness centers back while others forge ahead? While a shortage of capital is the most obvious cause of a gym having to close its doors, plenty of other underlying causes also come into play. Read on for a roundup of five reasons why fitness businesses fail. Read more
