finance

by

When looking to purchase new software for your business, your licencing and payment will likely be amongst your top considerations. With obvious pros and cons to perpetual licencing and subscriptions, it’s important to determine which model will best suit your business’ requirements.

by

First established in 2008, Club Energy Fitness has gone from strength to strength. They specialise in many different types of training; offering studio, cardio, performance, boxing and a ladies zone under one roof. Earlier this year, directors, Gary and Patrick, approached Johnson Reed as the business was looking to relocate to larger premises to accommodate their growing membership base. With the help of Mark Johnson, they were able to quickly acquire their desired equipment though a lease; spreading the cost through monthly repayments over a fixed term. 

by

2017 has been another record year for the gym and leisure industry, according to the latest research by the Leisure Database. Johnson Reed Fitness Finance director, Jamie Collier, assesses the challenges gym and leisure businesses face as they go into the new year.

We’re seeing record membership figures, with 9.7 million fitness members in the UK – a 5.1% increase on the previous year. We’ve also seen increases in the number of fitness facilities and market value; 4.6% and 6.3% respectively. With many key metrics fast-approaching milestones, experts predict 2020 may be the ‘golden age of fitness’.

by

Based in the heart of Keyworth village in Nottingham, The Key Health Club is a small and friendly privately-owned health and fitness club. Under new ownership from July 2017, it has undergone some major changes and the extensive refurbishment programme across the whole of the club is now complete. With the help of Johnson Reed’s fitness equipment lease facilities, Phil and Elizabeth have replaced all of the gym’s ageing equipment for more contemporary models.

by

Regardless of whether you’re a new-start, growing or established business, capital is one of your most valuable assets. With money constantly moving in and out of your business, it’s feasible that you might need to consider sourcing external funds to help you manage cash flow or achieve business goals. Applying for a business loan can come with a negative stigma; often perceived as a sign of financial hardship or a last resort – but this certainly isn’t always the case! On the contrary, loan facilities can be used as part of a strategic move for a business; as more of a proactive, rather than reactive, solution.

by

Doctor of Chiropractic, Hannah Beard, has started-up a brand-new clinic in the centre of Bournemouth, offering the comprehensive treatment programme, ‘8 Weeks to Wellness’. Amongst the somewhat-saturated Bournemouth chiropractic market, Pure Wellness’ main differentiator from the local competition is their emphasis on wellness and their ability to provide all elements under one roof; massage, personal training, nutritional advice and meditation.

by

Capitalising on the recent motorhome boom, Spectrum Vehicle Contracts have launched a new arm of their automotive offerings with VDubline . Specialising in campervan hire, they aim to take a portion of the holiday market, which will enable families and friends to take advantage of an affordable trip throughout the UK and Europe, especially with the anticipated hike in flight prices in the coming year.

by

Based on the outskirts of Manchester city centre, New Leaf Press have been supplying high quality bespoke printing services since 1983. Offering in-house pre-press, digital, large format and UV printing, New Leaf continually invest in the latest print technology to ensure they deliver the highest possible quality. However, in recent years the company’s behind-the-scenes IT had taken a backseat. The team were previously operating with a 12-year-old server, which was no longer communicating effectively with their other IT and becoming counter-productive to the business.

by

Sometimes upgrading and purchasing new equipment is necessary to enable and maintain your day-to-day operation, and sometimes your investment may be part of a wider strategy to grow and improve your business. Regardless of your rationale, it can help to adopt the analytical mindset of a business growth expert to ensure you’re making a worthwhile investment and taking a step in the right direction towards your business growth.

Here’s the inside track on a business growth expert’s decision-making process, and how to approach every equipment purchase as a revenue-generating asset.

by

Airea 51, the UK’s newest indoor adventure park and the first of its kind in Telford, is about to spring into action. At more than 30,000 square feet, the park boasts a wide range of indoor leisure activities, from trampolines to ninja warrior courses.

We catch up with founder and director, Dean McQuire, to discuss his first foray into the industry, the trampoline park potential in the UK and the crucial role equipment leasing played throughout the start-up process.