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4 ways to give your new gym the best chance of success

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StrategyDriven Managing Your Business Article |Running a gym|4 ways to give your new gym the best chance of successIf you’re passionate about health, fitness and encouraging people to achieve their goals, running your own gym could be the ideal career for you. Of course, setting up a fitness center is a big endeavor, so you want to make sure that you get it right. Enthusiasm and dedication will be a big help, but on their own they are not enough. With that in mind, here are some top tips for giving your gym the best chance of success.

1. Invest in high quality equipment

When gyms were closed due to the COVID-19 pandemic, many people began exercising at home instead. In order to persuade them to return to fitness centers now that it’s safe to do so, you have to show people that you have more to offer than their home gym does. One way to do this is by investing in a wide variety of top-quality equipment. This gives customers a lot of choice in how they work out, whether they prefer to run on a treadmill, use an elliptical, or focus on strength training machines. Having technologically advanced equipment is also a great way to both attract more clients and help them to get the best results.

2. Offer more than just a workout space

Simply having a physical space to exercise in is no longer enough to be a successful gym. After all, people could simply use their homes or local park for free. Instead, you need to provide lots of different facilities for people to use. As well as the equipment itself, this could include a sauna and steam room, massage chairs to relax in, and so on. If you’re unsure about what will be popular, working with a specialist agency such as EXOS Consulting is great for generating ideas and seeing them through to fruition.


3. Run innovative classes

One effective way to attract clients to your gym is by having a diverse range of classes on offer. Some people join a fitness center solely for this reason, so its importance can’t be overstated. It’s a good idea to offer as many different types of classes as possible, because this will appeal to the greatest number of people. Try to have a mix of high intensity sessions such as spin and boxercise, and low impact classes such as yoga and tai chi. Adding this kind of social aspect to your gym also gives people another reason to attend, as they make friends and support one another in their fitness journeys.

4. Hire top personnel

Your gym will only be as good as the people who work there, so aim to employ staff with high levels of expertise. This is especially important for your personal trainers and those who run your classes, but even your receptionists should be fit, healthy and knowledgeable in order to give customers the best impression of your fitness club. You can attract top personnel by offering an excellent salary and benefits, as well as utilizing the services of a recruitment agency. Be sure to give employees autonomy and the confidence to suggest new ideas, in order to truly benefit from their skills and knowledge.

How Does the Stock Market Work?

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StrategyDriven Editorial Perspective Article |Stock Market|How Does the Stock Market Work?There is a lot of talk about investing in stocks, and no wonder, because they can be a great way to build your wealth. But if stocks are something you are looking at getting into, it is vital that you not only understand what stocks are or how to get started but also brush up on your knowledge of how the market works, as this will play a key role in your success.

Here is some information to help you get started.

What are stocks?

It is important to ensure you first understand what stocks are. Stocks represent ownership interests in a business that you can invest in and are also known as equities. Some businesses choose to make their shares available to the public, as opposed to being owned by an individual, so if you purchase a share of stock, you will own a small part of that business, and in return, get to share the company’s success.

If a business wants to make shares available, they will issue them with an initial public offering (IPO). Once this has been completed, they will be available on an electronic marketplace called the stock exchange.

What is the stock market?

The stock market can be defined as a collection of shares and other financial securities that can be issued, bought, sold, or traded. The purpose of the stock market is to facilitate the exchange of these assets by providing real-time information to the public. The stock market comprises exchanges, such as the New York Stock Exchange or the London Stock Exchange, which list a variety of stocks that aim to bring buyers and sellers together. The exchange will track the price, supply and demand of each stock.

Typically, on the stock market, you are not buying from the company directly. Instead, you are purchasing a share that someone has chosen to sell. This leaves the majority of stocks being traded between investors.

You only need a basic understanding of how the stock market works to get started. If you want to broaden your knowledge of the stock market, there are a plethora of online resources and books that you can read.

How do stocks work?

You can build your wealth through stock in different ways, for example, capital growth or dividends. Capital growth is obtained when you sell a share for a higher price than you purchased it for. Dividends are obtained when shareholders are rewarded by the company with a portion of their profits.

How are the stocks priced?

Stock prices are known for their risk because no one person is making the decision for their prices, instead, they are governed by the supply and demand between investors. You can think of the selling and buying of stocks similar to an auction. There is always going to be a limit on the price that someone is willing to sell their shares of stock for, and there will always be a maximum price someone is willing to invest when buying stock.

If the demand is high for a particular stock, then the price will rise. If the demand drops for a particular stock, or that stock is being sold more than it is being bought, then the market price will decrease.

How to buy a stock

If you are new to the stock market, before buying any stock, you should always do your research to ensure you are making a worthy investment. Take a look at the financial stability of the company, and use a book value calc.

Once you know what stock you want to invest in, you’ll need to start with a brokerage account to trade shares on the stock exchange. There are a variety of platforms that you can choose from, depending on your requirements and your goals.

All transactions must be carried out via a broker. A broker is an entity, either an online broker or an individual, who is licensed to trade stocks on the stock exchange. You can tell your broker what you want, they will relay the order to the exchange, and then deliver them to your account.

Through your account, you will be able to keep track of the stocks you have purchased and continue to buy and sell more stocks.

How do you know when the market is “up”?

Common terms such as “the market is up” is used when discussing the stock market. This is usually referring to the stock index, which represents the real-time performance of a large group of stocks, or a specific sector. This is a convenient way to benchmark and compare the performance of stocks, or an entire portfolio, and help you to make better decisions with your investments.

Learning about the stock market can help you navigate the industry and make better investments.

How to Stay Motivated as You Build Your Business

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StrategyDriven Entrepreneurship Article |Stay Motivated|How to Stay Motivated as You Build Your BusinessWhen it comes to running a business, chances are that on the day you launched, you were full of motivation as the plan to get things going and really start hammering in on your work all finally came to fruition. Of course, after that initial period of adrenaline has worn off, you are likely going to find it a bit of a struggle to keep motivated as you work. You will find yourself feeling burnt out and it will feel like a lot of the work that you are doing is not actually resulting in any positive results. Does this sound like you? If so, then look no further, as this article is going to go into detail about some of the best ways that you can keep yourself motivated as you are trying to build your business.

Allow Yourself Some Time Off

One of the reasons that you might find yourself feeling a bit burnt out is because of the fact that you are not allowing yourself any time off. This could be on a short-term basis such as night by night but then also on a long-term basis. When was the last time you took a holiday? You need to ensure that you are giving yourself plenty of time when it comes to evenings and holidays to switch off. In doing so, you are going to feel a lot more motivated when it comes to doing work once again. There are a number of ways that you can switch off; one of the popular means is by gaming, which is a fantastic form of escapism. You can play something complex or subscribe to more classic rules, for instance, if you head over to the best high roller online casino, which comes ripe with classics such as slot machines and poker.

Expand Your Network

You are going to find it very hard for your business to operate or continue to grow if you are working within a bubble. You are going to need to ensure you are keeping and building on a connection with the likes of customers, vendors, employees and of course other entrepreneurs. This is absolutely vital when it comes to growing as a business; however, it is also vital when it comes to keeping yourself motivated. You find energy in people who are working in a similar way to you or in people who can help you grow, so expanding upon your network is one of the best ways to continue to feel motivated to keep growing. Be sure to attend different networking events and be active on social media to ensure that you keep meeting new people.

Focus on Your Goals

When you are working, you need to ensure that you know what your goals are and be aware how you will be able to achieve them. If you fail to set them for yourself then you will find it incredibly hard to actually achieve something. In business, the same as in life, you need to set yourself targets to stride towards.

Pros of Hiring Executive Assistant Recruiters

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StrategyDriven Talent Management Article |Executive Assistant Recruiters|Pros of Hiring Executive Assistant RecruitersWhen a famous movie trilogy featured Atlanta in its second franchise, the City in a Forest is now known to most film producers as the Hollywood of the South.

But trees and movies aren’t the only things thriving in Atlanta. In 2021, 29 companies belonging to the 2020 Fortune 1000 chose to be headquartered in Metro Atlanta. What makes it even a bigger deal is that 16 out of the 29 companies also ranked in the elite Fortune 500 list.

To say that the city is redefining how business is done in America is an understatement. Opportunities are booming alongside diverse, vibrant communities and lush green spaces.

In the fast-paced world of companies, it takes a team to make the most flawless of executions and the smartest of strategies. Yes, a company’s senior management may be outstanding. But at the end of the day, they are booked and busy.

To navigate their day-to-day must-dos, it is ideal that they find someone who can iron out a lot of bottlenecks in their schedules and priorities. In addition, they need someone who can optimize their workflow and maximize their efficiency and effectiveness.

There are many boxes to tick, so should you tap executive assistant recruiters in Atlanta to help find the top candidate?

What does an Executive Assistant do?

Gone are the days when the glamorized role of an executive assistant was the norm.

Now, they don’t just jot down notes, schedule meetings, and answer calls for the boss. Instead, they are the powerhouse business partner and support every successful executive needs.

Sure, they still manage calendars, coordinate meetings, and take calls. But the executive assistants of today are also tasked with giving much more high-level support.

They can analyze documents, prepare reports, attend and be involved in meetings on behalf of the senior manager they assist, and even supervise clerical staff who are also under the senior staff’s office. Basically, they do everything to make sure the executive is prepared.

Your Ideal Executive Assistant

Since they make sure the executive they attend to is always prepared, the ideal executive assistant is, too. In fact, being prepared is the bare minimum. They need to be proactive, not reactive, and always two steps ahead.

You wouldn’t believe what’s on an executive’s plate: mountains of things to be checked, discussed, rejected, strategized, and approved. Every decision needs to be an informed one because one miscalculated move can mean a negative hit to the company.

Given this colossal ask, executive assistants should also take on the role of a project manager. Each task, or in this case, “project,” needs extensive strategizing and religious monitoring. The ideal EA is crucial to their executive’s productivity.

Executives rely on their assistants to evaluate the current flow and execute ways to improve it. Apart from being resourceful, technology boosts efficiency, so an ideal assistant should also be a techie one.

Lastly, an assistant with good written and oral communication skills is a significant plus.

Since they are expected to represent the executive when they can’t make it to functions and meetings, the assistant becomes an extension of the senior staff. A polite and eloquent assistant begets respect and good impressions of the person they represent.

Why Tap Executive Assistant Recruiters

If a senior management staff is looking for an assistant, why should you start the search by looking for recruiters? Instead, why not find an assistant directly?

The most open secret in recruiting is that the top talent is always employed. Therefore, finding the A-Player on your own could end up in finding none at all because they are already hired and won’t be actively looking for a job.

But with the help of executive assistant recruiters in Atlanta, you get to know who the best candidates are by paying the appropriate recruitment fees. Hiring a recruiter will let you:

1. Access their network of quality candidates

Executive assistant recruiters in Atlanta hire all year round. They also follow a rigorous process of headhunting candidates to ensure that they are affiliated with the best of the best. You are guaranteed that whoever gets forwarded to you through the recruiters is an ace.

2. Save time and money

The recruiters do all the nitty-gritty for you. Then, all you have to do is focus your energy on doing business, maximize profitability, and wait a short while for a candidate you can hire immediately.

3. Speed up the hiring process

Shortening the time spent in hiring is always a recruiter’s specialty. This specialty is a win for you since you get to onboard a key team player at the soonest possible time.

To Wrap It Up

An executive assistant can make or break a leader’s management style, so finding the most outstanding is key to the best results.

How Lending Companies Can Make Money: Tips on Proper Business Management

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StrategyDriven Managing Your Business Article |Lending Companies|How Lending Companies Can Make Money: Tips on Proper Business ManagementLending companies are becoming increasingly popular as a way to make money. However, starting and running a lending company can be difficult if you don’t know what you’re doing. After all, you are in the business of lending money to people who might or might not be able to pay it back.

Therefore, you need to make sure that you do everything right to ensure that your lending company will be successful. For example, if you are offering loan packages like jumbo mortgages for people looking to buy their first home, you need to be sure that you have a good understanding of the market and what people are looking for. Additionally, you need to make sure that your lending company is properly funded so that you can handle any potential loans that come in.

By managing your company properly, you can guarantee that you will be able to make money lending to the public. Make sure that you take advantage of all the benefits and opportunities available to lending companies today, because if you don’t, then there is a good chance that your lending company will fail. Just remember, always follow the right path and always persevere to help your business succeed.

How to Succeed as a Lending Company

Lending companies are always looking for ways to improve their lending businesses. It’s a great way of getting ahead in the lending business and making sure that you have a lot of potential customers who need your services.

The key to success as a lending company is having good customer service, being able to offer competitive rates, and keeping up with all the new trends that are emerging every day. The lending industry is constantly changing, so it’s critical that you stay on top of what’s going on so you don’t lose out on any opportunities or end up losing money due to poor lending practices.

You also want to make sure that your lenders are reliable because if they aren’t, then there is less chance of them coming back after they’ve already received a loan from you. This is not good for your business at all.

There are three main lending categories: secured loans, unsecured loans, and reverse lending. Let’s talk about these categories in more detail below:

1. Secured Lending

Secured lending is when you put down collateral, usually a house or vehicle as security against the loan amount. This type of lending is most common with lending companies. The reason behind this is that lending companies need collateral to back up their lending practices, so they can make money from lending out loans.

2. Unsecured lending

Unsecured lending is when there’s no such thing as putting up any form of security for your loan; it’s all based on trust between you (the lender) and your customer (the borrower). This is a much riskier lending practice and is usually only done with lending companies that have a long-standing relationship with their borrowers.

3. Reverse lending

Reverse lending involves getting money upfront from someone who needs help paying off debts like credit cards or student loans but doesn’t want to go through traditional banks because they’re afraid it will hurt their credit history too much. This type of lending usually has higher interest rates than other lending methods, but the risk is worth it if you have good credit.

Below are some other things to keep in mind when running a lending company:

  • Always double-check credentials before lending money: If there’s any suspicious activity, report it immediately to the police department or local authorities. This way, you won’t have to worry about fraud.
  • Make sure all contracts are signed by both parties and that they’re notarized: This way, they become legally binding documents that cannot be changed without notification from both parties.
  • Make sure your lending company is registered: With a reputable credit bureau, no less. That way, there’s no confusion about who’s lending money to whom and for how long. This will prevent fraudulent lending activity as well. It also protects your business from being used by scammers or con artists trying to scam people out of their hard-earned cash!
  • Proper insurance coverage: Make sure your lending company has proper insurance coverage in case something goes wrong during the lending process like an accident, fire, flood damage, etcetera. Consider hiring a licensed insurance agent to handle all insurance matters for your lending company.
  • Make sure that you have enough collateral on hand at all times: That way, you can cover any outstanding loans in the event that a borrower defaults on their payments. You don’t want to be out-of-pocket if someone can’t or won’t repay what they owe!

There are many things to consider when running a lending company. Be sure not to overstep any legal boundaries while also making sure everything stays aboveboard from both sides of the lending agreement; this should ensure success in your lending adventure!