Wholesale Artificial Turf

by quapan

Question by christianfla11: I want to start a business and need advice on what Ima need and such?
I want to start a business which is an indoor sports facilities which consist of artificial turf installations. I plan to make 3 7v7 soccer fields and 1 7v7 football field. I also gonna sell drinks, food, and such and plan to have other things. The business should def boom because the are I live in only has one sport facility and it isn’t that good and the only other ones around are in the next county and such. Plus I plan to start in in a good area where lots of people are sure to show up. Now I just need to know other stuff I need like insurance and liability and other things a business def needs. I also need to know how much it will all cost and what type of loan I should get. Please some one help a dude out who is trying to make a living.

Best answer:

Answer by GETaLIFE
Write a business plan to propose in detail, exactly what you’re going to do and how you’re going to do it. For what you describe, it had better be 50-100 pages minimum. You need to analyze the competition and differentiate what you will do, why it is better, how you will maximize profits, what your margins will be (better be over 30%) and what your growth projections are. Include spreadsheets broken down with all costs of start up and operational expenses. Break down the monthly, quarterly and annual projection for the first 5 years in three scenarios: Worst, Average, Exceptional expectations. Include separate breakdowns of the other revenue streams such as food & beverage, rentals, etc. Once completed, you’ll have a comprehensive look at the business to see if it is really worth doing AND a professional presentation to show potential investors. Based on your questions above, it looks like you have not done this before. You will NOT like it. Nobody does. But it’s essential to your success or failure. You have to know where you’re going.

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