Obtaining a building, space and equipment is number 9 on our list. An inefficient design of your facility can greatly affect your bottom line. A lot of businesses go too big too fast. Getting the most amount of kids in the least amount of space is how businesses become profitable. Every square inch of your more »
Number eight on our “Starting a Gym 101” list: Decide on any financing you will need and how you will get it. In other words…show me the money!
For startup businesses, this can be one of the biggest obstacles in getting off the ground. Funding is a challenge for almost every small business, and this especially includes cheer/gymnastics facilities. The space and ceiling height requirements for a gym make the start-up cost even more than a regular new business.
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 »
Question: I am in a market where there is not a gym or all-star program and have almost 20 years of cheer experience but would love some help with getting a gym opened! Do you have any advice for a budding gym owner on how to get started? – Ali
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