Expert Interview Series: Daniel Poggi of Climb Base5 About Indoor Climbing, One of the Fitness Industry Trends That's Attracting "Upwardly-Mobile" Athletes

The fitness industry is facing an increasingly complex set of issues. In times past, managing risk for your fitness club largely entailed making sure that safety measures were in place to prevent injury to your employees and club members. While that is still a valid aspect of risk management, there are other risk factors which must be taken into account today.

In the fitness industry, competition is fierce. According to Expansion Capital Group, 80 percent of gyms go out of business in their first five years, and 16 out of 17 go out of business within 8 years. What is the difference between a successful gym and a failed business? Often, it comes down to the added services your fitness center offers to members. One of these added services is massage therapy.