The Urban Trainer Blog - UK

It’s a wonderful thing to start a business with your great ideas of building a massive fortune from the skills and knowledge that you accrue. Yet one of the important of question that ensures failure in any business is to know and manage the risks involved. Not all businesses go according to plan, what if the worst happens? Your plan should have an honest assessment of the risks involved and also how to minimize them.

Lack of management experience is a critical and if you have no idea what you are doing, get some mentoring from your business advisor, accountant and also solicitor. Ultimately get in touch with other successful Personal Trainers and pick their minds on how business is run and how flow is kept. It is impossible to just wake up one day and be the top trainer pumping in £2000 a week. If only it is that simple.

Over-reliance on a small customer base can give you problems when they start seeing results and they start dropping off. Ultimately you want to train them to get ultimate results and the quickest results. For some, after they have gotten to their goal waist size they will disappear off the radar. You will get a few who will want to just continue training with you because they have caught the training bug. Generally on the whole, you must keep building the business and keep building your list. Do not get comfortable.

Bad debts lead to cash flow problems. The worst thing that can ever happen is when it is time to pay at the end of the week and your clients cancel. When pay day gets postponed this will add additional pressures that you do not need. It can seriously affect your training, planning and psyche. Bottom line is make them pay before the sessions. Always make sure they pay you at the start at the week and prior to their sessions. If they are unable to do so, make it clear to them that payments over the internet must be performed when they get home. Always state it in your conditions. Keep reminding them of your rules. It may sound hard but if the rules are not in place, the client does not cry, the trainer does.

Let’s face it, you are not going to be the one and only trainer in the industry. Currently the fitness industry is growing at an exponential rate and you can be sure that the competition from the increase in numbers of trainers is going to increase the competition. Some thrive on competition, but some buckle. Can you handle a little competition? Do you have what it takes to be head strong?

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