View Full Version : Want to open a club of my own
leewaller23
04-27-2005, 10:10 AM
Hello out there. Love your site. Anyway, I would love to open my own club someday. Is is very expensive to open one up in this day, age and time?
grachuss
04-27-2005, 05:34 PM
yes, and the failure rate is high.
Oxrock
04-27-2005, 11:02 PM
Failure rate can be high...unless you buy an existing place and slowly, I mean slowly turn into the club you want. You need the existing clients to keep revenue up while you change a little here, then a little there, soon you will notice that your customers are changing over time adjusting to your changes. Try to avoid financing through traditional lenders...form a corperation with family and friends, pool the money as a loan to the corp then decide on a re-payment plan. This keeps your corp in "debt", yet everyone gets paid.
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