Number 10 on our list is to set up an in-house office system for recordkeeping and accounting. Many new business owners tend to put this on the back burner or contract it out to “someone who likes math,” and it can soon become cancerous. Improper record keeping or accounting can become a business owner’s worst nightmare, so attention to detail is extremely important.
Starting a Gym 101
Number seven on our list is pricing your services! Pricing your service (tuition) is extremely important. “How much is it?” is usually the first question a customer will ask and—while you don’t want them to gasp for air at your answer—you want to be profitable and competitive with your market. Your tuition cannot out-price your more »
Number six on our checklist of key steps that every business should take to start their business on the right track is to get all necessary licenses, permits and insurance. There is so much to do when opening a business that sometimes people overlook the important legal requirements. In addition to the information we are providing more »
Number five on our checklist of key steps that every business should take to start their business out on the right track is the Legal Requirements for Starting a Business. To operate a business legally an organization needs to meet all the laws of the federal government, state government and the city and/or county where more »
One of the most overlooked aspects of business is the relationships you create. During our 13 years of business, we cannot count the number of times that we have been grateful for the friends and professional relationships we have made and their contribution to the success of our business. Any time you are looking at more »
Step three on the Starting a Business Checklist = writing a business plan. This is another crucial element that many current business owners still do not have. This is like going on a vacation without an itinerary or any idea of what you are going to do. You need a clear picture of what is more »
Last month we provided a list for new business owners to follow in order to start up a new business successfully. We elaborated on the first step: picking a business name and registering it with your county (DBA – Doing Business As); this month, we will delve into checklist item number two: deciding on the legal more »
After seeing the popularity of Gym Kix’ Stephanie Beveridge and Carrie Harris’ Q&A on starting your own gym, we’ve decided to tap their expertise even further! This post marks the first of a series on starting your own gym—from two veteran cheer professionals who’ve been there, done that.