Best Franchises to Own in 2024

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The Best Franchises to Own in 2024

Kevin R. Christie, Vice President at Gold's Gym

Kimberlee Curtis, Franchisee at Gold's Gym

SAMANTHA RINCIONE Founder and CEO Crave Hot Dogs and BBQ Featuring Proles

GOLD'S GYM

A Legacy of Strength and Community

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Editor’s Note

Gold's Gym A Legacy of Strength and Community

Aswedelveinto"TheBestFranchisestoOwnin2024,"it’sonlyfitting thatweshineaspotlightonabrandthathasnotonlystoodthetestof timebuthasalsodefinedanentireindustry.Gold'sGym,withitsroots datingbackto1965,ismorethanjustafitnessfranchise—it’saglobal iconthathasshapedtheveryfabricofthefitnessworld.

Inthisedition,weexploretheremarkablejourneyofGold'sGymfrom asmall,homemadegyminVeniceBeachtoapowerhousewithover 700locationsworldwide.TheinsightssharedbyKevinChristie,Vice PresidentofInternationalFranchising,andfranchiseeKimberleeCurtis offerauniqueglimpseintotheenduringlegacyandfuture-forward visionofthislegendarybrand.

Theirstoriesreflectacommitmenttoexcellence,innovation,and community—atrifectathathaspropelledGold'sGymtothetopofour listofmust-ownfranchisesfor2024.Asyoureadthroughtheir experiencesandthebrand’simpressiveevolution,wehopeyoufind inspirationintheopportunitiesGold’sGympresentsforentrepreneurs passionateaboutmakingalastingimpactinthefitnessindustry.

Thiscoverstoryismorethanjustalookatasuccessfulfranchise;it’sa testamenttowhatcanbeachievedwithvision,dedication,andastrong supportsystem.Gold’sGymisnotjustabusinessopportunity;it’sa chancetobepartofalegacythatcontinuestotransformlivesaround theworld.

Enjoytheread,andhere’stoyournextgreatbusinessventure.

Editor-in-Chief The Entrepreneur

18. 24. 32. 08.

Kevin R. Christie, Vice President at Gold's Gym

Kimberlee Curtis, Franchisee at Gold's Gym

Navigating the Entrepreneurial Financial Landscape: Essential Money Tips for Aspiring Business Owners

Samantha Rincione Founder and CEO

Crave Hot Dogs and BBQ

Balancing Act: Navigating Work-Life Harmony in Entrepreneurship

Gold's Gym

A Legacy of Strength and Community

Kevin R. Christie, Vice President at Gold's Gym

Kimberlee Curtis, Franchisee at Gold's Gym

We are dedicated to expanding our footprint with our franchise partners while upholding the highest standards of tness and wellness."

Cove rSto ry

“We have pioneered a culture centered around strength, performance and community. This legacy is present in every Gold’s Gym worldwide.”

G O LD'S G Y M

"Our reputation as the 'Mecca of Bodybuilding' and serious training has profoundly inuenced our culture and operations.”

Cove rSto ry

Our goal is to maintain our leadership position in the tness industry."

Cove rSto ry

"Each franchisee is paired with a dedicated Franchise Business Consultant who provides continuous support."

9.PrioritizeProfitabilityOverGrowth

While growth is often a primary goal, prioritizing profitability ensures the sustainability of your business. Strive for a healthy balance between growth and profitability to avoid overextending resourcesandriskingfinancialinstability

10.RegularlyReviewandAdjustFinancialStrategies

Business environments are dynamic, and financial strategies must evolve accordingly. Regularly reviewyourfinancialgoals,assessmarketconditions,andadjustyourstrategiesasneeded.Flexibility andadaptabilityarekeytolong-termfinancialsuccess.

In conclusion, mastering the financial aspects of entrepreneurship is fundamental to building a resilientandthrivingbusiness.Byimplementingthesefinancialtips,aspiringentrepreneurscanlaya solidfoundationfortheirventures,increasingthelikelihoodoflong-termsuccessinthecompetitive businesslandscape.

UNLEASHING THE ENTREPRENURIAL SPIRIT

Edition August 2024

Kevin

-

at Gold's Gym, Kimberlee Curtis -Franchisee at Gold's Gym - Gold's Gym

A Legacy of Strength and Community

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