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Comparison of For-profit and Non-profit Fitness Centers
This is how they compare with each other: For-profit centers offer more luxury services than nonprofit centers.
For-profit fitness centers are fitness centers that offer their services to cover their costs and make some profits. They are business entities that generate income for their shareholders. Their fees are based on cost plus profit. This approach enables them to remain sustainable as business ventures.
They are not like non-profit fitness centers, which may offer their services for free or at cost. Sometimes, the nonprofit centers may not even cover their fixed and operational costs. They are usually located in low-income communities, unlike for-profit fitness centers, which are mainly located in rich-income communities.
Considering their clientele, for-profit centers provide modern and better facilities to satisfy their rich-income clients.
Thus, these for-profit centers offer more luxury services than their non-profit counterparts.
For more information about how for-profit centers base their charges, see https://brainly.com/question/21302488.
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