Are they any fitness grants for small gym owners?
My wife and I are both looking to start up our own gym. Our plan is to not have it like every other mainstream gym (golds,rush,peak,ymca) where you just go in and go at your own pace. Most of those places have tons of treadmills, elypitcals, free weights, and some machines). My wife and I are wanting to take it to more of a personal level with trainging either being one on one or in a small group setting. Our goal is to target ages 7 and up. Anywhere from big time college prospects to 70 year old men and women looking to stay in shape and everything in between. We are also wanting to offer scholarship programs to all those who may not have the money to join and workout. Instead of turning them away we would love to train them under the scholarship which basically would allow them unlimited training for a 12 month time period. Sorry if all of thise seems like a bunch of ramble
Answers (9)
this sounds like a wonderful place of health and wellness. I suggest, though, that you start with a very carefully laid out business plan to make sure that the math adds up. Just reading your one paragraph, it sounds to me like a lot of expense and not a lot of income.
Many states have grants for small business start-ups, and they have rules when you can apply. There are also grants for minorities (which includes women). The grant application will force you to look at the financial end of things.
I wish you good luck.
Karin Singleton
www.meltnc.com
I commend you on your business enthusiasm!
Before applying for any grant/s...do you have a business plan?
Michael
Sounds great; yes, there are grant programs out there. Just google your question for options to choose from and check out for yourself. No worries, you are not rambling.
Good luck with your plans and enjoy.
Consulting with a tax attorney would also be a great idea prior to any investment.
I commend you on starting your own gym. It is worth it if you are passionate about it and you have your own niche standing apart and above the rest!
http://www.ideafit.com/answers/small-fitness-studio-looking-for-grants-t...
I hope that this helps!
LaRue, CSCS
www.lecfitness.com
larue.cook@lecfitness.com
I have start and restarted my business several times. I always got a back up job to help with the costs until things got going, if I hadn't saved up enough money before the restart (which was usually a relocation and restart) to give it a go without the back up job.