What you need to know when your are starting your own sports facility business.
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 […]
As you know, I connect with the owners of small sports facilities across the country regularly because they use eSoft Planner sports facility scheduling software. Unfortunately, over time I’ve noticed a high turnover rate with new facilities: Many just don’t stay open more than a few years. When owners call to tell me that they won’t need […]
This is the fifth and final post in a series on creating a business plan for a sports facility. In past weeks, we discussed creating a sports facility business objective, creating a sports facility marketing plan, creating a sports facility operations plan and a sports facility finance plan. It’s always more fun to create your […]
This is the fourth in a series of posts on creating a business plan for a sports facility. In the past weeks, we discussed creating a sports facility business objective, creating a marketing plan, and creating an operations plan. Next week, we’ll discuss how to add an exit strategy to your sports facility’s business plan. […]