The fitness industry has been growing a lot over the past decade. New products and services, market consolidation, technology shifts, and organization capabilities have increasingly driven growth strategies in the leading health club, gym, and fitness studio brands. As a result, valuation is being[…]
A few years back Tim McGuire, a respected director for the McKinsey & Company consultancy group, was quoted as saying "Analytics will define the difference between the losers and winners going forward". Tim could have been talking about any industry or business and his comments are particularly[…]
LITTLE ROCK, AR., (Jan 14, 2019) – ABC Financial (ABC), the leading software and payment processing provider to the health and fitness industry, announced their partnership with Perform Better, the leader in functional training equipment and education.
The ingredients for business success are evolving as we continue to shift from an industrial based economic era to a knowledge-based economy. This shift is impacting the fitness industry in a variety of ways, and the bottom line is that health clubs, gyms, and fitness studios need to continue to[…]
Serving operators and owners of gym, health club, and fitness studio brands, has been something I’ve been doing for many years now. As a result, I’d like to think I’ve learned a thing or two about success. I’ve seen operators achieve terrific business outcomes in the fitness industry over the years[…]
AS 2019 APPROACHES EVERYTHING OLD IS NEW AGAIN Before I get started on this subject, the ABC Financial family and I extend our very best wishes for your holidays and for the new year of 2019 ahead. May 2019 be full of health, happiness and your best year ever. As we close the chapter on 2018[…]
Since the dawn of spreadsheets and databases in the eighties, through the more recent contemporary era of solutions in the cloud, we’ve come along way when it comes to collecting and using data in the fitness industry. Today, as much data is being created every two days as was created from the[…]
I like facts. When you read, according to a 2017 American Express survey, that 7 out of 10 U.S. consumers spend more money to do business with a company that delivers great service it should get your attention. But there’s more; according to Bain and Company research increasing customer retention[…]
LITTLE ROCK, AR., (Dec 11, 2018) – ABC Financial (ABC), the leading software and payment processing provider to the health and fitness industry, announced their preferred partnership with Muscle Up Marketing, a direct marketing agency with specialized knowledge in the fitness industry.
The topic of fitness member delinquencies is like a tug-of-war. As gym owners and managers, you know that member dues are critical to the revenue stream of the business, but how can you approach the situation to ensure that members pay on time? These three tips can help you and your team master[…]
In today’s digital world, inbound marketing is the most effective way to attract new members to your gym or fitness center. Traditional marketing and advertising are intrusive, interrupting a person’s activity, either on television, radio, or the internet. Using ad blockers, spam filters, and call[…]
LITTLE ROCK, Ark., Nov. 7, 2018 -- ABC Financial Services, LLC (ABC), the leading provider of software and payment processing in the Health and Fitness Industry, announced their Chief Financial Officer, Andrew Landrum, received the CFO of the Year - for a Large Private Company, award today. In its[…]