How Ledge Supported Jen’s Club Pilates Studios Sale

In this case study, we’ll explore how Ledge Accounting supported Jen in managing her Club Pilates studios’ financials, paving the way for a successful business exit in 2024.

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Background: Two Studios, One Passion for Fitness

Jen’s entrepreneurial journey began in 2019 when she opened her first Club Pilates studio. By 2022, she had acquired a second studio from its original owner. Running two studios required seamless financial management to ensure growth and profitability while staying compliant with taxes.

Despite her background in corporate finance, Jen had no interest in keeping her own books or troubleshooting errors in monthly financials. Her goal was to focus on running her business, building a loyal client base, and creating a thriving fitness community.

The Problem: Inconsistent and Error-Prone Financials

Before partnering with Ledge Accounting, Jen worked with another bookkeeping service. However, the process left much to be desired:

• The service needed a personalized approach, with no direct point of contact for questions or concerns.
• Despite claims of familiarity with platforms like ClubReady, Jen discovered regular errors in her monthly financials, leading to extra work on her end.
• Financial reports were inconsistent, making it harder to maintain clean records and stay prepared for tax season.

“It was a lot more work on my end to get to clean statements at the end of each month,” Jen recalls.

The Solution: Accurate, Timely, and Hands-Free Financials

When Jen partnered with Ledge Accounting, everything changed. With expertise in managing financials for fitness studios and familiarity with ClubReady, the transition was seamless. Here’s how Ledge Accounting supported Jen’s business:

1. Clean and Accurate Monthly Reports
   Ledge Accounting took complete control of Jen’s bookkeeping, delivering concise, clear, and error-free monthly financials by the first business week after month-end.
   “You were able to jump right in, go into ClubReady, get all the information you needed, and put together very clear, concise, clean monthly reports—very timely, and honestly, very little questions,” Jen shared.
2. Seamless Integration with ClubReady
   Jen appreciated Ledge Accounting’s deep understanding of Club Pilates’ systems, especially ClubReady, which made the process efficient and hands-off for her.
3. Responsive Communication
   Any questions Jen had were answered promptly, with minimal back-and-forth or corrections needed over the years.
4. Streamlined Tax Preparation
   By keeping her financials clean and accurate throughout the year, Ledge Accounting ensured tax preparation was stress-free and straightforward.

The Results: A Successful Business Exit

With Ledge Accounting’s support, Jen’s financials were consistently accurate and organized, which became a key factor in her successful sale of both Club Pilates studios in 2024. Clean financial records made her business more attractive to buyers and facilitated a smooth transition.

“I always received my month-end reports within the first business week after the close of the month, which is amazing,” Jen shared. “Communication was always very timely, and overall, I’m very pleased and thankful for all that you’ve done for my business.”

Why Jen Recommends Ledge Accounting

Jen’s experience underscores the value of having reliable financial support when running a fitness business:

• Expertise in Fitness Industry Platforms: Ledge’s familiarity with ClubReady and the unique needs of franchise owners set them apart.
• Accuracy and Timeliness: Delivering clean, clear financials by the first business week ensured Jen always had the insights she needed.
• Responsive Support: Prompt communication and minimal corrections made the process stress-free.

“I’ve always received prompt responses anytime I had a question, and very little corrections were needed over the last several years. Overall, I’m very pleased,” Jen concluded.

About Ledge Accounting

At Ledge Accounting, we specialize in helping fitness studio owners like Jen manage their financials with confidence. From bookkeeping to monthly financial reports and tax preparation, we handle the details so you can focus on growing your business.

Our services are designed for boutique fitness studios, including Pilates, yoga, cycling, and barre. With deep expertise in platforms like ClubReady, Mindbody, and others, we deliver accurate, actionable financial insights to help you make better decisions.

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Let Ledge Help You Build—and Sell—Your Business

Whether you’re preparing for long-term growth or an eventual business exit, accurate financials are critical to success. Let Ledge Accounting help you achieve peace of mind with hands-free bookkeeping and reliable monthly financials.

Book a Free Consultation with Ledge Accounting today and take the first step toward simplifying your financial management!