What you need to know when your are starting your own sports facility business.
Once you have an idea of what you’ll pay upfront for your new sports facility’s site and equipment, the last piece of the puzzle to finding your total upfront investment is your “operating cash.” That’s the money you need for the day-to-day expenses that keep your doors open and your business running smoothly. Calculating your operating cash isn’t as exciting […]
If finding and paying for a great location is the biggest issue facing new sports facility owners, the next biggest hurdle is finding and paying for the equipment for that facility.
To figure out what you really need and how you should pay for it, start by reviewing your business plan.
The Best Ways To Acquire the Space for Your New Business So, you’ve figured out what type of space you need for your sports facility, and you’ve scouted some potential sites. By now, you should be getting an idea of what your space is going to cost. Now it’s time to figure out how you’re going to […]
Choosing a physical space is probably the most important thing you’ll do as the owner of a start-up sports facility. Why? Of all the things that threaten your start-up, the cost of the physical space is the most dangerous. If at any point you’re struggling to manage cash flow, the rent becomes a heavy weight around your business’ neck. Plus, your […]
I’ve had a lot of great experiences working with baseball facility owners when they’re just starting out. Because of the conversations I’ve had with these owners, I know that indoor baseball facility layout is a big concern. Many are proactive enough to look for baseball facility scheduling software long before they open – sometimes before […]
I’ve received a few emails recently from students seeking advice on how to best prepare to open their own sports facility in the future. I’m always impressed when students are proactive about their careers and take the extra step to connect with others to try to seek help. That is already a sign of future […]