Anyone out there have experience with financial plans for a start up business?
I want to start a fitness center business need help with the financial plan: email- mrvandal13@yahoo.com
It might be a good idea to consult with someone who is already in the business with whom you will not be a competitor. See what is involved, the space required, the commitment for equipment, the number of members needed to break even, the resignation rate and the area from which to find replacements. My friend has a very successful fitness center and recently started another so as to protect the lower part of his market. That facility is nearly breaking even, but the property he purchased is desirable and is designated for unrestricted commercial use.
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