Business Model — MeshedLifestyleFitness
1. Value Proposition
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Full Turnkey Accounting Support specifically designed for fitness clubs, sports clubs, and sporting events.
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Simplifies financial operations: bookkeeping, payroll, tax compliance, reporting, and event accounting.
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Provides clarity, compliance, and peace of mind, allowing owners to focus on growth and community.
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Offers industry expertise with knowledge of unique challenges such as memberships, sponsorships, ticketing, and seasonal fluctuations.
2. Customer Segments
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Fitness Clubs & Gyms (boutique studios, multi-location franchises).
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Sports Clubs & Associations (teams, federations, community clubs).
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Event Organizers (competitions, tournaments, sporting events).
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Health & Wellness Businesses (yoga studios, martial arts schools, personal training centers).
3. Channels
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Website (primary channel) — lead generation, service showcase, pricing transparency.
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Direct Sales & Outreach — targeted approach to fitness clubs and associations.
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Partnerships — collaborations with gym equipment suppliers, sports consultants, and event organizers.
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Referrals & Word-of-Mouth — leveraging satisfied clients to expand network.
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Digital Marketing — SEO, social media (LinkedIn, Instagram), and email campaigns.
4. Customer Relationships
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Dedicated Account Managers for premium clients.
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Self-service portal for document sharing, payroll, and reports.
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Onboarding support for smooth transition.
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Ongoing advisory — regular check-ins, quarterly reviews, and financial strategy sessions.
5. Revenue Streams
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Subscription Plans (CAD):
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Starter (small clubs & studios).
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Growth (multi-location or expanding businesses).
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Elite (large clubs & associations).
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Add-On Services: event accounting, system integration, on-site finance lead.
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Custom Pricing: for large-scale or complex organizations.
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One-time setup/migration fees for onboarding.
6. Key Activities
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Delivering monthly bookkeeping, payroll, tax filings, and compliance.
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Preparing financial reports and forecasts.
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Providing specialized event accounting.
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Maintaining secure digital systems for data sharing and reporting.
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Marketing and client acquisition.
7. Key Resources
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Skilled accounting professionals with fitness & sports industry expertise.
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Digital accounting tools (cloud accounting, payroll, reporting software).
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Client portal & integrations with POS, ticketing, and membership systems.
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Brand & website for online presence and client acquisition.
8. Key Partnerships
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Technology providers (accounting software, payroll systems, membership management tools).
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Event organizers & sports associations (for recurring event contracts).
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Legal & tax advisors (for compliance across provinces).
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Marketing agencies (to build brand awareness).
9. Cost Structure
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Fixed costs: staff salaries, software licenses, office/remote infrastructure.
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Variable costs: client onboarding, system integrations, event-specific support.
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Marketing & sales costs: digital campaigns, partnerships.
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Professional fees: legal, compliance, auditing.