All new businesses need to keep overhead costs low to survive, and sports facility-based businesses are no exception. The most significant overhead cost that sports facilities typically have is their monthly rent. Obviously, your property is a huge investment; it has to be big enough for sports teams to practice, which often requires thousands of […]
cost of sports facility ownership
One of the first things to consider as you begin thinking of starting your own sports facility is how you’ll get the financing to get started. Once you’ve put together a business plan and have a general idea of how much money you need, you can begin to evaluate your options. Some owners start small […]
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 […]
SaaS (software as a Service) can address your IT needs for a fraction of the cost of building and supporting your own infrastructure. One of the biggest benefits of SaaS in how it effects cost of ownership.