With the price of just about everything going up, we all need to look again at how we best spend the allocated budget.

Is your business doing everything to get ahead or still trying to fit around outdated solutions?

Here are five simple ways gym operators can save thousands:

1. Compare the market

It’s estimated that the average-size gym could save more than £9,500 per year just by using industry disruptor ​​Orbit4.

There are no hidden catches and the concept is simple. Each part of the platform enables gym operators to closely manage their fitness assets, monitor service costs and track commercial value.

Orbit4 owns industry brands WeServiceGymEquipment, WeBuyGymEquipment, FitnessCompared and FitnessFinanced – each platform provides immediate access to the wider market. This guarantees the best value when purchasing, servicing and financing existing assets and the trade-in of unwanted assets.

CEO of Orbit4, Daniel Jones, said: “Orbit4 is the only system that allows you to track the entire fitness journey of your equipment.

“You can access all the latest data you need for daily management from servicing to buying and selling – even finance. The data neatly links to any existing system or software. It really is the ultimate smart solution.”

2. Listen to fit-tech experts

Industry expert, Steve Ruffell, said: “New fitness industry-based tendering and bidding platforms like WeServiceGymEquipment and WeBuyGymEquipment create a much healthier marketplace that few gyms can’t afford not to use.

“As consumers, we’re already scoping out the market for things like insurance, credit cards and mortgages using platforms like GoCompare and CompareTheMarket. Now, the fitness industry has this technology so operators can test the wider market for each stage of the asset journey. The amount of time and money you save is critical for businesses.”

3. Find out how much your assets are worth and how much they’re costing you right now

This sounds harder than it actually is! Using Orbit4, operators can become ultra-efficient operationally using easy asset management capabilities. The data that’s collated automatically triggers alerts to tell operators when it’s the best time to sell equipment, due to the assets reaching optimum levels of cost of ownership.

4. Get the best price for EVERYTHING

Back to Orbit4 here – its smart tech gives gym operators quotations from leading suppliers for new equipment, competitive leasing figures and the best buyback price the industry can offer. This will make you more money and save you time.

5. Check the warranty

The chances are your equipment will be out of warranty before it ever breaks down. But when it finally does give up, you want it fixed fast. Nothing annoys your members more than equipment that stands out of order for weeks on end. Engage with WeServiceGymEquipment to access the wider market and let them find you your ideal service provider and perfect contract!