E41: How to Run a Gym's Finances (Without Losing Your Mind or Money)

In this episode, we dive into the real-world challenges of running and maintaining a gym business — not just buying it.

You’ve got the gym. Now what?

From staff structures to recurring revenue models, cost control to member retention — we break down what gym owners actually need to think about to survive and thrive.

🔍 What we cover:

The startup and recurring costs of operating a gym

How to manage cash vs accrual accounting

Revenue levers, operating margins & managing staff

The truth about subscription models and member retention

👊 Whether you're an accountant, gym owner, or future business buyer, this one’s loaded with practical insights.

📌 Next episode → Budgeting for the gym! Subscribe so you don’t miss it.

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Welcome to the Ash, Hubert & Kevin Pod (The Account-Dads). We share finance stories, lessons, and mistakes to help business owners and finance pros understand sometimes complex concepts.Our aim is for you to leave each episode thinking, "Ah, k. I get it now."

The hosts are Chartered Accountants, and here is a little bit about them:

Ash (Finance Data & Reporting Leader): Husband, dad, and strategic finance leader with more qualifications than letters in the alphabet.

Hubert (Technical & ‘0 to 1’ Accounting leader): Husband, dad, and the technical finance leader with a passion for anything with engines.

Kevin (Finance operations leader): Husband, dad, and champion of Aussie businesses, with expertise across finance and commercial disciplines.