8 financial frustrations testing new fitness owners (and how Ezidebit helps!)

4 mins

Starting a new health and fitness business is exciting, but it comes with its fair share of challenges. Getting your business off the ground and thriving means juggling several crucial elements. Here are some common pain points new health and fitness business owners face, and how Ezidebit can help you overcome them:

1. Nailing your service operations:

  • Challenge: In the early days, perfecting your service and ensuring your classes deliver a fantastic experience is paramount. You need to focus on what you do best – coaching!

  • Ezidebit solution: Ezidebit takes the hassle out of payments, letting you concentrate on building a killer product and delivering amazing classes.

2. Growing your customer base:

  • Challenge: Attracting new clients and spreading the word about your new offering is essential for growth. Advertising and marketing can be time-consuming and expensive.

  • Ezidebit solution: By streamlining your payment processes and offering flexible options, you'll create a positive customer experience that encourages referrals and repeat business. Happy clients are your best advocates!

3. Keeping clients coming back:

  • Challenge: Building a loyal customer base and securing recurring revenue is key to long-term success. Many clients are hesitant about lock-in contracts and upfront commitments.

  • Ezidebit solution: Offer a range of payment options to suit different needs. Allow clients to experience your classes with one-off payments for trial sessions or introductory packs via Ezidebit's online payment system. Once they're hooked, transition them to convenient and flexible direct debit options.

4. Creating attractive pricing plans:

  • Challenge: Developing pricing plans that cater to various client needs and preferences can be complex. You need options that are both enticing and profitable.

  • Ezidebit solution: Ezidebit empowers you to create a variety of tiered pricing plans, from single classes to memberships with different commitment levels. Offer custom payment links for each plan to make it easy for clients to sign up online.

5. Managing variable payments:

  • Don't let financial frustrations hold your new health and fitness business back! Ezidebit provides the tools and support you need to navigate these challenges and achieve your business goals. Focus on what you love – helping your clients achieve their fitness goals – and let Ezidebit take care of the rest.Challenge: Clients may need to adjust payment dates, amounts, or frequency due to changing circumstances. Handling these variations can be administratively demanding.

  • Ezidebit solution: Ezidebit's On Demand agreements provide the flexibility to change payment details with client agreement. This means you can accommodate individual needs and maintain a positive customer relationship.

6. Bespoke payment plans:

  • Challenge: Offering personalised payment plans tailored to individual client needs can be a powerful tool for client retention.

  • Ezidebit solution: With Ezidebit, you can set up different agreements for each client, ensuring maximum flexibility and customisation. This allows you to cater to specific circumstances and build strong client relationships.

7. Streamlined payment processing:

  • Challenge: Managing payments efficiently and ensuring timely collection is crucial for smooth cash flow.

  • Ezidebit solution: Ezidebit automates payment collection, reducing administration and minimising late payments. This gives you greater financial predictability and peace of mind.

8. Secure and reliable transactions:

  • Challenge: Protecting your business and client data from security breaches is critical.
  • Ezidebit solution: With Ezidebit's world-class PCI DSS Level 1 security, you can rest assured that your transactions are safe and secure.

Don't let financial frustrations hold your new health and fitness business back! Ezidebit provides the tools and support you need to navigate these challenges and achieve your business goals. Focus on what you love – helping your clients achieve their fitness goals – and let Ezidebit take care of the rest.

Ezidebit Pty Ltd (ACN 096 902 813) is an Authorised Representative (No 320082) of Ezi Management Pty Ltd (ACN 110 689 711) who is the holder of Australian Financial Services Licence no 315388.  In providing its services, Ezidebit does not take into account your particular needs, objectives or financial situation. You should carefully consider the appropriateness of Ezidebit's services to your own circumstances.  For a copy of Ezidebit's Financial Services Guide & Product Disclosure Statement, Privacy Policy, Client Service Agreement Terms and Conditions, Product Disclosure Statement or other legal and compliance documents, visit www.ezidebit.com/en-au/legal-policies

 

 

 

 

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