There is a Batting Cages Business for those people who love baseball and/or softball. This business will make you a profit and will help raise self-esteem of children who come to your facility. Batting Cage complexes are popping up all over world.
A Batting Cages Business requires conviction on part of business owner. There is just as much or more work for person wanting to open batting facility before grand opening. Many things must be researched, and obtained.
The first thing you should do, is contact your local and state government to find out what requirements and regulations your Batting Cages Business will need to comply with and follow. You will probably need a business license, a sales tax license, insurance and possibly other inspections and licenses. However, by knowing this you will know that this is definitely right business.
Once you have this information, you can decide if you really want to go to next phase, Batting Cages Business business plan. This will be a requirement for several reasons. You will need a business plan to get financing, decide on services you will provide at your facility, make sure you have all required paperwork, and ensure that you have not forgotten anything. It will also help you price everything out to open, and help you set a budget for your business.
You can find many documents to help you prepare a Batting Cages Business business plan and financial statement at Small business administration website. This web site should become your best friend. It can help answer questions regarding business, get you in touch with mentors to help you, help with financing, and make sure that you are on track during start up process and future.
Another option is to work with a business consultant to prepare your business plan. However, this can be expensive and may take just as long as you doing it yourself. The sample business plan on Small Business Administration will help you do exact same thing as a business consultant. Plus, by doing footwork on your own, it will give you a sense of monetary value your venture will entail, and will better help you establish operating budget.
While creating your business plan, you should consider whether you want to purchase Batting Cages Business franchise or build one on your own. You will want to research pros and cons. The advantage of a franchise is that you purchase name, support, training, and equipment. The only other thing you have to purchase is location. You also get their marketing and expertise in industry.