What you need to know when your are starting your own sports facility business.
Choosing a financial partner is one of the biggest decisions you can make as you start a new sports facility. The repercussions of your decisions are almost always long-term, whether good or bad.
Here are some things for owners of sports facility start-ups to consider as they begin to select their financial partners.
We’ve already discussed how electronic online payments and electronic online records can help your sports facility. This week. I’ll try to convince you that electronic, online scheduling is also essential to your sports facility operations. It increases your efficiency and eliminates a lot of confusion. Since I sell scheduling software, I make it a point […]
Last week, we discussed how keeping electronic records lowers overhead and improves cash flow at sports facility start-ups. In the past, we’ve also discussed how requiring upfront payments helps keep more cash on-hand. You’ve heard it many times, but I’ll say it again: Cash is king for new businesses. Any efforts you make toward improving […]
Sports facility start-ups need to save money every way possible. As we’ve discussed before on this site, cash flow is essential (which is also, by the way, why you should require upfront payment at you sports facility) especially when you’re a start-up. Oftentimes, what might seem like small or necessary expenses really add up when […]
A few weeks ago, I had the pleasure of traveling to North Carolina to check out the newest sports facility on the scene: Champions Sports Performance & Training Center in the Lake Norman area. Champions offers personal training and fitness classes for adults that focus on adult functional training, as well as speed and agility […]
Owners of sports facility start-ups are probably well aware of these business basics: choose a unique market, know your customer, and target your marketing directly to their interests. These tenets are particularly important to businesses that are just starting out, and you’ve probably taken time to consider them. But is your niche marketing niche enough? […]