![]() ![]() ![]() With so many clubs and so many members, however, the company’s planning and forecasting activity requires greater depth of financial and operational details than typically encountered in many organizations.įor example, budgeting and reporting is done at the club level and even down to the level of each individual job category, of which there are typically 30 in a club. The Challengeįrequent financial analyses play a critical role in the decision making behind the continued growth and success of 24 Hour Fitness. These include Andre Agassi, Lance Armstrong, Jackie Chan, Earvin “Magic” Johnson, Shaquille O’Neal, and most recently, Derek Jeter. To help differentiate its business and establish a presence in new markets where the company has no prior presence or brand recognition, 24 Hour Fitness forms partnerships and opens co-branded club facilities with high-profile athletes who embody what 24 Hour Fitness stands for: hard work, determination, a positive attitude and persistence, while having fun along the way. 24 Hour Fitness was started in 1983 based on a vision of making the ultimate in multi-sport fitness centers affordable and accessible to people of all abilities and fitness levels. With over three million members and US $1.5 billion in annual revenue generated at more than 400 locations throughout the US and 28 clubs in Asian countries, 24 Hour Fitness Worldwide is the world’s largest privately owned and operated fitness center chain. ![]() With Longview Plan, analysts can now respond to information requests from senior management faster and with data that is more detailed and more accurate than was practical using their legacy PeopleSoft and Excel environment Making Fitness Accessible & Affordable to People of All Abilities
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