#089: How To Increase Prices In 2022
Manage episode 308312898 series 2590095
Going into the new year, a lot of gym owners are thinking about increasing rates. This is a great opportunity to increase prices, especially if you feel underpriced. However, there's a wrong way to do this and that is by making an uninformed business decision.
In this episode we discuss, why increasing only by $15-20/month is not a good idea and how to calculate the profitable rate for your gym. We dive into all the factors you should consider when increasing rates and what sneaky thoughts you should avoid.
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