BFS Business Assessment–
Benchmark Your Success with BFS
What is the Business Assesment
The BFS State of the Industry is only independently produced report for the boutique fitness industry that includes key insights and current fitness industry trends that help owners and executives manage their businesses and drive profitably. By participating in the BFS Business Assessment you will gain access to this report and your own personalized BFS Scorecard.
The 2024 State of the Industry Report identifies the most common characteristics and business metrics for profitable studios.
Data from the 2024 State of the Industry Survey
![[LP] Yoga - Market Category1 [LP] Yoga - Market Category1](https://main.bfsnetwork.com/hubfs/%5BLP%5D%20Yoga%20-%20Market%20Category1.png)
MARKET CATEGORY FOR ALL STUDIOS
![[LP] All Studios - Modalities 2D (1) [LP] All Studios - Modalities 2D (1)](https://main.bfsnetwork.com/hubfs/%5BLP%5D%20All%20Studios%20-%20Modalities%202D%20(1).png)
MODALITIES FOR RESPONDENTS
What type of questions are in the survey?
YOUR business model
SALES & MARKETING
YOUR TEAM
HOW CAN YOU PARTICIPATE IN OUR REPORT?
Benchmark Your Studio Against the Right Peers
![[LP] Yoga Studios [LP] Yoga Studios](https://main.bfsnetwork.com/hubfs/%5BLP%5D%20Yoga%20Studios.png)
![[LP] Pilates Studios [LP] Pilates Studios](https://main.bfsnetwork.com/hubfs/%5BLP%5D%20Pilates%20Studios.png)
![[LP] Strength Studios [LP] Strength Studios](https://main.bfsnetwork.com/hubfs/%5BLP%5D%20Strength%20Studios.png)
Beyond the overall industry insights, we provide specialized reports tailored to different types of studios—including strength, Pilates, and yoga—across urban and suburban locations. Plus, your personalized scorecard lets you see exactly where your studio stands compared to similar businesses, giving you a clear benchmark for growth.
Our respondents are owners and executives of independently-owned fitness studios (including franchisees).
ADDITIONAL BENEFITS
In addition to getting access to empirical data and current fitness industry benchmarks, that can help you make better-informed decisions that will enhance your profitability, each studio that completes the Survey will receive:
📊 A complimentary copy of the Full Report(we only publish key takeaways from SOTI for the public; anyone can purchase the report for $249)
📝An assessment Report:
that compares your metrics in 5 key categories to the average/mean/median.