I am thinking of starting a business. I would provide the space for personal trainers to bring their clients and the space for group fitness instructors to bring their classes and equipment for both. The folks using the space would rent the space from me. This would alleviate much of the start up costs for a new business. But how do I find the PT’s and GFI’s in my area in which to market this business?
Hi again Lori,
I just checked your profile and saw you live in Madison WI. After living there for the past 2 years, I’ll have to say that it’s a tough market for this type of business model. There is too much competition and the market is not that big to support it. The rental fee for space is too high. I don’t know any details of your situation so I can comment on it. I know a couple of trainers there who tried to do the same as you are thinking to do and didn’t go very well for them. Please keep in mind that this is just my opinion after observing the market in that area for a while. I wish you the best.