Hopefully after the last tip I gave you you’re able to see the wood through the trees and planned some time off.
Being self employed can be incredibly lucrative, but as quickly as the winds changes so can your business.
The biggest problem being potentially inconsistent money from month to month, but I have a secret that can potentially remove this worry for you.
The information I am about to give you can work very well, but it can also leave people feeling trapped, this is a tip you might or might not ever use.
However, through experience I have seen it work very well and become invaluable.
Would you like to know what it is?
Business Tip Number 8: Contracts & Direct Debits.
Having a contract is a basic fundamental when it comes to personal training, they will protect not only you but also your client, just incase things turn nasty.
They type of contract I am describing is similar to a phone contract in essence, meaning a regular monthly payment will be set up – That is the way I describe it to new clients.
This will mean your clients sign up for either a 3, 6 or 12 month period of personal training (Bootcamps are best month to month, therefore are excluded.), each client will set up a Direct Debit for the required amount to be sent to your account on an agreed upon date. This will guarantee a steady flow of income for several months at a time.
Before a clients signs an agreement it would be worth you listing the benefits they will receive, here is a small list of what I would advice to be offered with each long term contract:
– Online Support: Nutrition, Q/A, anything the client requires to aid the to achieving their goal.
– Free Merchandise: Hoodie, T-Short or Vest etc.
– Progress Tracking: Online access to their progress such as body stats, fat %, Strength progression and more.
– Referral Benefits: % of a fee for a client you’ve obtained as a direct referral.
Essentially for the contract to be appealing you will want to offer a supreme package, it must contain the very best of what you have to offer.
No compromise! It must be your best.