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If u could guide me how to start ,what are the do s and dont s of this business.

2007-08-03 22:23:02 · 2 answers · asked by zapper9cl 2 in Business & Finance Small Business

2 answers

You need to calculate the start up costs (deposits, equipment, etc.) Then find out what your rent, utilities, INSURANCE, and other monthly fees are and divide by what you plan to charge per month and that is your target for membership. In many small places you make your RENT with memberships - you make your profit with other services. I.e. personal training, vitamin sales, clothing sales, etc. I would incorporate as a LLC to limit your liability if someone is injured and a settlement exceeds your insurance. With LLC they cant go after your personal assets. Visit with a SCORE counselor http://www.score.org they offer great FREE advice to start-ups and its SBA affiliiated so its not a SCAM. Good luck!

2007-08-11 05:15:09 · answer #1 · answered by Esmeralda 4 · 0 0

Try contacting the local Small Business Development Center (google search).

2007-08-05 20:01:10 · answer #2 · answered by jdkilp 7 · 0 0

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