Episode 72: How many fitSpots Should I Have?

What We Cover In This Episode:  What a "company" is inside fitDEGREE [2:16] A closer look at what a fitSpot is and what you need to know about this [3:15] Why a studio owner would want to branch off into multiple fitSpots [4:17] What are the benefits to only using one fitSpot in your business [5:29] If there will be an opportunity for apps to include multiple fitSpots that have no connection to each other [7:56] Our tips for using fitSpots for a branded community experience [10:37] Quotes: "Think of the fitSpot as the business unit. If you had multiple locations or not, it's one fitSpot per business." [Nick, 3:36] "The reason you would want to expand to a second [fitSpot] is if you want to track revenue to that location. We can't track revenue per business location if it's all inside of one fitSpot." [Nick, 5:09] "I think the biggest driver is, do you want to track revenue per location, or are you forced to use multiple fitSpots because of the bank account situation?" [Nick, 7:46] "We thought of adding another layer on the company and calling it something like a franchise layer, because we have some multi-location businesses that want to start franchising and licensing throughout the country. So, what the solution is going to be is that multiple companies can be tied to a branded app." [Nick, 8:53] LINKS:   https://www.brewfitnessmke.com/  Register Now for The Studio Intelligence Summit!  fitDEGREE's Business Portal https://calendly.com/fitdegree/support [email protected] https://www.instagram.com/fitdegree/ ​​https://www.instagram.com/fitspot_guru/  https://www.instagram.com/fitdegree_nick/ https://www.instagram.com/megan_fitdegree/ https://www.fitdegree.com/blog  https://www.youtube.com/channel/UChJ5rK6zWPXjbxtUQx3ys9Q