Free BootCamp Profit Calculator & Financial Spreadsheet
If you’re planning to open a fitness bootcamp, or you already have and want to easily monitor your profitability, you’ve come to the right place. Owning a fitness bootcamp can be a good business move, especially if you make it seasonal. However, you need to know when to cut your losses or to stop before you even start. Starting your bootcamp is going to be a humbling experience, regardless of if it’s a success or a failure. This spreadsheet will at least help you on the financial side. 😉 That’s where this excel spreadsheet comes in handy.
Use it for your long-term and short-term financial projections for your business. Using the downloadable bootcamp profit excel spreadsheet(at the bottom of this page), you can figure out how long it will take for your bootcamp business to become profitable. You can track trainer wages, equipment costs, insurance fees, and more! Download it at the bottom of this page.
On a sidenote, if you’re looking for a way to increase your business’s membership, check out the FitnessTexter video below. FitnessTexter is guaranteed to get you more fitness members.
What Is FitnessTexter?
FitnessTexter turns your business name into a custom texting code that you can put on anything; website, Facebook page, Instagram pictures, business cards, marketing flyers, email signatures, anything!
When someone texts your code to 95577, the person receives a “Free Week Pass” coupon to your gym, and you(the gym owner) get an email with that person’s contact info. Coupon is customizable: “Free Week Pass”, “Free Intro Session”, etc.
Here’s a Gym Using their Custom Texting Code on Facebook
FitnessTexter has been really great for driving traffic to our Boot Camp programs. It’s a great way to get people to try out what we have to offer, without devaluing our services. We did a few daily deal sites a couple of years ago, and while they drove lots of people to our boot camps, the retention wasn’t nearly as good as we’ve found with FitnessTexter. We won’t do a daily deal ever again, but we’ll stick with FitnessTexter. Thanks!
We put together a free downloadable spreadsheet that will help you plan and monitor your bootcamp’s profitability.
Step 1: Download the spreadsheet by clicking the “Orange Download Button” at the bottom of this page.
Step 2. Open the bootcamp Excel file (Only change values inside yellow cells. All other cells are automatic.)
Step 3. Enter in your rent cost, utilities cost, insurance cost, membership fee, and trainer wage.
Step 4. Type in the number of members you anticipate having during each month of business.
Step 5. Type in the amount of trainer hours you’ll be paying each month. Use the included calculator to figure it out.
Step 6. Enter your equipment purchase costs.
By adjusting all the of values in the YELLOW cells, you can see how your finances will change. Test different membership costs while keeping the number of members the same. Figure out much much paying your coaches more is going to cost you.
This is a totally free tool for bootcamp owners. Just keep FitnessTexter in mind when you start advertising your new bootcamp. Enjoy!
Questions, Comments, Kind Words? Please Post them Below.