Over the past five years, we have closely collaborated with studio owners and industry leaders to identify key challenges that can hinder business growth. Through our 2024 BFS Business Assessment, we gained valuable insights into the diverse needs of business owners and the unique challenges they face at different stages of their development. As a result, we created programs that provide operators with the specific support that they need to grow and scale their businesses.
We began by partnering with top-tier moderators in the fitness and wellness industry to lead our coaching and educational programs, as we recognize the importance of learning from experts who have mastered their fields. Additionally, we have highlighted industry leaders from our own BFS community who will share their valuable experiences.
Whether you aim to scale your business, optimize operations, or increase profitability, our latest offerings provide essential tools, connections, and insights to help you achieve your goals.
Looking at the data retrieved from profitable studios, we've realized that when you’ve already built a successful studio, the next phase of growth isn’t about working harder—it’s about making the right moves. But when faced with expansion opportunities, leadership restructuring, or shifts in your business model, who do you turn to for perspective?
The most valuable insights come from peers who have navigated similar challenges. The BFS Peer Network reinforces itself as that connector between high-performing founders, CEOs, and executives who share insights, strategies, and expertise to help you scale efficiently and build a stronger business. Whether refining your approach to scaling, optimizing profitability, or future-proofing your business model, you can get the guidance you need from conversations tailored for leaders ready to level up and make smarter, more informed decisions.
We have also developed a specialized program for franchise owners who want to launch, scale, and grow their businesses confidently.
Our data showed that many studio owners are stuck in day-to-day management, leaving little time to focus on growth. The key to breaking this cycle isn’t just working harder—it’s building an operational structure that allows your studio to run smoothly without constant oversight.
Too often, studio owners find themselves stuck in daily operations—reacting to staff issues, adjusting schedules, and handling client concerns—rather than proactively steering their business toward growth. That’s why we’re bringing in BFS Member Jennifer Maanavi, Founder of Physique 57, for our Studio Operations Optimization Program, which provides a clear framework for structuring your team, optimizing operations, and aligning business goals so your studio runs efficiently, even when you’re not there.
We have been in awe of the significance of our business assessment, as the data has proven to be incredibly helpful for our Network's strategy. We also recognize that for your studio, making financial decisions involves more than just balancing the numbers; it has a direct impact on your growth potential and the long-term stability of your team.
But how do you know if you’re making the right calls? For example, 32% of the most profitable studios pay their managers between $50K and $75K per year. Is your compensation strategy competitive? Are your membership rates set at the right level? Are your expenses aligned with industry benchmarks?
For those who might be unsure we created the BFS Business Assessment. Which can give you a clearer picture. By answering a few key questions, you’ll receive an instant scorecard that compares your studio’s performance to industry standards. Plus, you’ll gain priority access to our full industry report providing valuable insights to inform your next business decisions and to join our community at a very low cost.
We are confident to begin this year by delivering comprehensive education and dedicated support to the diverse community of business owners, operators, founders, and other stakeholders within the business sector.