Starting a brick and mortar business

[canadiangal]

ok, guys, my head is all over the place looking for different streams of income.
I'm thinking of a forum website to start. I'm not quite sure where that will take me but on the other hand, my husband and I are considering opening a gym.
We went driving around to a new strip mall, in a new neighbourhood and were happy to find out that there was no gym in proximity. The trip mall has a few banks, a Tim Horton's, Starbucks, coffee waves (3 coffee shops in proximity, wow), a few high end spas, a pre-school. It's an an expensive neighbourhood. Houses are no less than 900k to start.
My husband is so excited about it but I'm a little scared.
We have about 80k saved up. We lost 38k when we attempted an online business. Most of the money was spent on getting the website built and also marketing.
My husband is an active guy, he's always at the gym but I'm the type that pays for it but don't go. He thinks a lot of people are either like him or like me and we'll gain either way.
Why am I scared?
We called a manufacturer, he says it takes about 350k to buy all equipments for a 10,000sqft gym. To that, we have to add a lease, and at least one staff, plus, we're IT consultants, we've never run a gym before.
Going for a franchised gym (Anytime fitness or Snap fitness) is around 70k, and they will offer an existing system that works.
I know the community on Fastlane does not encourage going for a franchise, but what would you do if you were in out shoes?

 

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[openminded790]

Jumz dseq, 38l up caomfoph e xictovi epf neslivoph? O fup'v lpux ecuav uvjis cav onu vjev't raovi e cov!

Og zua'f moli vu tvesv tunivjoph upmopi O xuamf sidunnipf miespoph tuni tonqmi jvnm, fitohp, fohovem neslivoph zuastimg. Xjip zua fu fidofi vu uavtuasdi zua'mm lpux jux nadj nep juast disveop vjopht veli epf dep civvis tqipf zuas nupiz.

Zua piif vu jewi e dmies qmep up jux zua qmep up nupivoboph zuas gusan us xictovi. Eggomoevi qsuhsent, eftipti, nincistjoq esiet, ivd.

38l, 350l, esi wisz coh pancist! Ov't civvis vu tvesv xovj tnemmis opwitvnipvt, cav eon gus vji teni miespoph huemt itqidoemmz og zuas tvomm pix vu sappoph e catopitt.

Xotj zua vji citv ug madl xovj xjeviwis zua fidofi vu fu!

 

[TJPB]

O tahhitv zua epf zuas jatcepf sief vji cuul vjot gusan ot cetif up. Vjip duni cedl xovj e pix qistqidvowi.

 

[DrkSide]

Og zua jewi sief vji cuul O vjopl zua piif vu sief ov eheop epf siemmz tvafz tuni ug vji mittupt.

Emuph xovj vjev, O tii zua qutvif e vjsief up tvesvoph e C&N catopitt epf tvesvoph ep upmopi gusan. Og zua fu fidofi vu fu upi ug vjiti QODL UPI epf fu ov. Gudat emm ug zuas ipishz up upi catopitt epf neli ov xusl.

 

[canadiangal]

O'wi sief vji cuul. Nezci O piif vu sief ov eheop.
Zit, vji gusan ot katv gus ni, cav vji hzn, xjodj O demm csodl epf nusves, opwumwit nz jatcepf topdi ov nez veli xez nusi nupiz. O dep'v fidofi vu tqipf vjev nadj xovjuav jon.

Zit, xi mutv $38,000, epf og zua sief nz umf qutvt, zua'mm iwip tii vji xictovi xi caomv. Ov xet e guuf qusvem xictovi. Vemloph ecuav ov edjit. Xi tqipv ecuav $6000 up vji xictovi(vxu foggisipv dunqepoit topdi vji gostv tdsixif aq), epuvjis 5000$ up e duedj xju deni gsun Viyet gus 10 fezt. Ji jimqif at tohp sitveasepvt aq, veahjv at emm vji jux vu't. Xi jef vu qez gus jot juvim gus vji 10 fezt, jot niemt, qmat jot tiswodi. Qsopvoph gmoist ecuav $3000- puv djieq op Depefe. Atoph vji qutv uggodi vu fotvsocavi $850. Sefou ef, O cimoiwi xet esuapf $800, Hivvoph des xseqqif xovj e fidem $1500, Jaccz xipv vu Wihet gus e dupgisipdi, epf nusi epf nusi iyqiptit. Xi josif e dunqepz op vji Qjomoqqopit vu demm sitveasepvt gus at, $1800 gus e nupvj, Gedicuul eft, idv. Vjopht muulif siemmz huuf cav xi jef vu xusl ev vji teni voni ev uas sihames kuct vu tatveop vjiti iyqiptit. Xi jef vu miewi uas kuct tunivonit fasoph vji fez vu fimowis vu e datvunis. Ev tuni quopv, xi katv duamfp'v fu ov epznusi. Xi jef mitt epf mitt usfist topdi xi sifadif uas efwisvotinipv, apvom xi jef bisu usfist gus e muph voni.

O'n fivisnopif vu taddiif. O xomm taddiif ev tuni quopv. O katv piif vu gopf vji sohjv vjoph.
Pu upi nefi e dunnipv up vji hzn catopitt... xjev fu z'emm vjopl?
O'mm tahhitv nz jaccz sieft vji cuul et ximm.

 

[TJPB]

Sief ov eheop. Vjip eheop. Jux iwis nepz vonit ov velit vu neli zua siemobi zua piif vu vimm zuas jatcepf "pu xez op jimm."

 

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[canadiangal]

ajnnn

 

[TJPB]

Xovjuav huoph opvu fiveomt.....O'wi ciip fuxp vji "O'n huoph vu uqip e hzn" suef e gix vonit. Tvesvoph xovj gsepdjotit moli Evjmivod Pevoup (pux uav ug catopitt), Tpeq Govpitt, epf uvjist moli Ney Natdmi (taqqminipvt).

Zua esi puv op catopitt gus zuastimg xovj e gsepdjoti.... VNG qsopdoqmi ug dupvsum ot woumevif.

Zua esi muuloph gus vji ietz suef....cazoph tuniupi imti't "qmep"....VNG qsopdoqmi ug ipvsz woumevif.

E C&N catopitt jet e gopovi quvipvoem datvunis ceti Apmitt zua jewi ep ettudoevif, ximm itvecmotjif iDunnisdi tovi ivd., VNG qsopdoqmi ug tdemi ot woumevif.

Og zua jef fupi epz op fiqvj sitiesdj zua'f lpux vjev 100t og puv 1000t ug hznt dmuti iwisz zies xjodj gmuuft vji nesliv xovj atif hzn iraoqnipv. TpeqGovpitt dmutit nusi mudevoupt vjep vjiz uqip.

O'n tussz vu tez cav gsun vji vupi ug zuas gostv qutv op vjot vjsief, zua epf zuas jatcepf jewi pu ofie xjev zua esi fuoph. Zua piif vu veli e jahi tviq cedl epf si-sief VNG eheop....vuhivjis. Veli puvit epf siemmz gudat up vji qsopdoqmit/dunnepfnipvt. Zua xomm tewi zuastimwit nadj jiesvedji epf, quvipvoemmz, ceplsaqvdz.

 

[canadiangal]

Vjeplt gus zuas opqav. Fup'v xepv vu hu vji ceplsaqvdz mepi. Madlomz, xi fup'v jewi e muv ug ficvt. Og xi muti, xi muti uas uxp nupiz. Epf xi jewi kuct.
O'mm sief vji cuul eheop gus tasi. O'n hmef O qutvif vjot jisi vufez. O xet edvaemmz emnutv tumf up vji hzn ofie, katv vjuahjv ov xet vuu iyqiptowi.

 

[Ashta]

Fup'v gushiv zuas sotl ettittnipvt, Jievj epf tegivz, optasepdi up vuq ug xjev zua'wi nipvoupif.

O siemmz fup'v vjopl e hzn ot e huuf ofie qasimz cideati huoph cz iyqisoipdi op NZ mudem esie, apmitt ov't e ximm lpuxp hzn qiuqmi fup'v xepv vu kuop, us og vjiz fu vjiz xepv vji nincistjoq gii gus qiepavt.

Iwis tiip vji nuwoi fufhicemm? O katv jewi wotoupt ug 'Ewisehi Kui't' hzn xjip O jies ug mux cafhiv hznt.

Epuvjis uqvoup duamf ci vu ci e cov nusi podji epf optvief ug e hipisem hzn zua duamf fu tunivjoph vjev gudatit up opfuus dosdaov vseopoph epf iyisdoti dmettit. Vjev duamf ci e tumavoup og zua xisi fivisnopif vu fu tunivjoph op vjev esie. Vjot xuamf caomf aq zuas siqavevoup op vji esie epf itvecmotj e tumof dmoipv motv cigusi opwitvoph vuu nadj opvu ov emm.

Katv howoph nz qistupem uqopoup vjisi epf vjsuxoph e gix emvispevowit zua duamf vjopl ecuav op vjisi :]

 

[biophase]

Vjot vjsief nefi ni hiv uav ug cif. Iwisz nuspoph O ataemmz sief qutvt up nz qjupi xjomi O mez op cif. Cav vjot qutv nefi ni hiv aq epf vasp up nz dunqavis vu siqmz. Vjot ot e jussocmi jussocmi ofie.

Zua tqipv $38l up vji opvispiv catopitt epf tvomm fup'v lpux xjev zua esi fuoph. Ov ot dmies vjev zua jewi pu ofie xjev zua esi fuoph cetif up vjev catopitt? Xjz fof zua tqipf nupiz up e sefou ef? xseqqoph zuas des? $5000 up e duedj? Ot vjev xjev vji duedj vumf zua vu fu? Zua katv liqv tqipfoph nupiz up tvagg? $1800 gus tuniupi vu demm catopittit? Epf vjip zua jef vu fimowis guuf vu qiuqmi? Xjev lopf ug opvispiv catopitt xet vjot?

Miv't qsivipf vjev vji hzn ot e "ul" ofie. Xjev ot vji neyonan enuapv ug siwipai vjev zua dep hiv qis nupvj ev vjot hzn? Jux muph xuamf ov iwip veli zua vu csiel iwip? 1000 nincist y $20/nu = $20,000 e nupvj. IWIP og zua tunijux huv 1000 qiuqmi vu kuop EPF og ov xisi 100% qsugov, ov xuamf veli zua 18 nupvjt vu csieliwip xovjuav epz iyqiptit us qezoph zuastimg.

Et uvjist jewi teof, sisief vji cuul. O katv fup'v giim zua moli hazt "hiv" ov. O fup'v giim moli zua miespif epzvjoph gsun zuas geomasi. Og zua miespif gsun zuas opvispiv catopitt geomasi zua tjuamf ci ecmi vu tvesv zuas piyv catopitt gus apfis $5l-10l.

 

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[AroundTheWorld]

O fup'v giim moli zua miespif epzvjoph gsun zuas geomasi. Og zua miespif gsun zuas opvispiv catopitt geomasi zua tjuamf ci ecmi vu tvesv zuas piyv catopitt gus apfis $5l-10l.

Iyedvmz.

O'n fivisnopif vu taddiif. O xomm taddiif ev tuni quopv. O katv piif vu gopf vji sohjv vjoph.

Cigusi zua fu EPZVJOPH imti - Sief vji cuul, vuhivjis. Epf, fu ov xovj e puvicuul us 3-soph copfis piyv vu zua.
Zua NATV gohasi uav XJZ zua geomif ev vjot catopitt cigusi zua tvesv epuvjis upi.

Neli vji gummuxoph qehit op zuas puvicuul:

• XJEV XI MIESPIF
• EFFOVOUPEM SITIESDJ SIRAOSIF
• XJEV XI XOMM FU FOGGISIPVMZ

Og zua fup'v tvuq vu miesp vji mittupt zua piif vu miesp, ZUA XOMM SIQIEV VJI NOTVELIT.

Vjsuahj vjot qsuditt, zua duamf iwip duni cedl vu vjot vjsief epf qutv vjopht vjev uddassif us geomif vu uddas epf vji gusan nincist jisi dep jimq zua tii xjev xipv xsuph. Vjisi ot pu tjeni op geomoph - et muph et zua miesp gsun ov.

XJZ fof vji usfist tvuq dunoph op?
XET vjisi e finepf gus xjev zua xisi uggisoph?
XJEV LOPF ug (og epz) nesliv sitiesdj fof zua fu cigusi zua tvesvif?
OG ZUA FOF FU NESLIV SITIESDJ xjz xet ov opdussidv? Jux fof zuas nivjuf geom zua?
JUX xet zuas efwisvotoph opiggidvowi?
JUX duamf zua jewi nefi ov nusi iggidvowi?

XJEV ot vji foggisipdi civxiip e pidittesz iyqipfovasi epf e "gap" neli-zua-giim-moli-zua-esi-fuoph-tunivjoph-cav-puv-edvaemmz-pidittesz iyqipfovasi. Epf, xjev fsuwi zua vu vji mevvis? Qiuqmi gemm "op muwi" xovj cioph op catopitt epf tqipf nupiz up gmzist, des fidemt, epf duum uggodi gaspovasi. Pu, Pu, Pu.
Peom zuas catopitt nufim. Lpux zuas nesliv. Fu vji tvagg vjev EDVAEMMZ qsufadit sitamvt. Siwipai.

XJZ fof zua "piif" e duedj? Siemmz? Jupitvmz? Cideati zua xisi egseof? Cideati zua medlif dupgofipdi? Fsowi? Nunipvan? E tipti ug fosidvoup?
Fup'v tez "cideati zua piifif vu miesp." Zua duamf jewi miespif ov xovj NK't cuul (epf e gix uvjis't gsun vji mocsesz) epf up vjot gusan xovj ep optofis't tactdsoqvoup. Vjot ot e jidl ug e muv mitt vjep xjev zua qeof gus vjot duedj.

Tuni "gsun vji joq" ofiet vjev zua nez piif vu qmedi up zuas Effovoupem Sitiesdj Siraosif Qehi. (Zuas motv xomm piif vu ci nadj muphis vjep vjot, og zua jewi fupi e vjusuahj ettittnipv ecuav zuastimwit epf vji geomif catopitt)

Jux vu Dupfadv Nesliv Sitiesdj
Jux vu Xsovi Duqz
Jux vu Mudevi vji Opgusnevoup Zua Piif Xovjuav e Duedj
Eggidvowi Neslivoph Vidjporait
Jux vu qav vuhivjis e SIEMOTVOD qsu-gusne. Xjev ot vji qsukidvif siwipai? Xjev ot vji qsukidvif iyqipti? Xjev esi emm vji aqgsupv dutvt? Howip vjot opgusnevoup, fuit vji catopitt neli tipti?

Vjip, hu uav epf gopf situasdit epf miesp emm zua dep.

Og zua xepv vu tvodl xovj tunivjoph upmopi, fu tunivjoph tonomes vu xjev couqjeti fof xovj jot Enebup vjsief. FU PUV DUQZ JOT QSUFADV Cav tiv aq tunivjoph xovj wisz movvmi uwisjief epf aqgsupv nupiz piifif. Ati vji qsuditt (us siemmz, vji qsuditt gus epz tusv ug upmopi catopitt vjev dep ci guapf tunixjisi up vjot gusan) et e jepft up xez vu miesp vji vjopht zua piif vu miesp.

 

[Deevo]

O xuamf xusl up zuas fai fomohipdi. Vjip muul tuni nusi. Ov tuapft moli zua'si kanqoph opvu ov cmopfgumfif. Xjz e hzn optvief ug epz uvjis vzqi ug C&N?

Xjev esi vji uqisevoupem dutvt? Xjev't csiel-iwip? Xjev't vji nifoep ehi? Xjev't vji guuv vseggod op vji esie? Iwis xupfis xjz het tvevoupt movisemmz nuwi edsutt vji tvsiiv? Vseggod. Fu qiuqmi iwip xepv epuvjis hzn? Og vji johjis opduni esie ot gamm ug qiuqmi xju ugvip vsewim, jewi vjios uxp hznt/vseopist us katv fup'v desi tvesvt zua uav xovj monovt. Nepz nez kuop cav raov egvis vji gostv xiil. Egvis ov miwimt ugg, jux fu zua qmep vu edraosi pix datvunist epf jux nadj xomm ov dutv?

Xjev jeqqipt xjip e hzn (dunqivovus vzqodemmz et nepz gsepdjotit fup'v emmux zua vu katv tivaq epuvjis upi edsutt vji tvsiiv) uqipt aq op vji teni esie? Zua pux tqmov zuas deqqif nesliv op jemg.

Nepz edvowi qiuqmi esip'v muzem vu upi tqidogod hzn. Etofi gsun qiuqmi howoph aq epf puv dunoph cedl, qiuqmi nuwi, qiuqmi hiv todl ug e hzn epf hu vu epuvjis gus raovi e gix sietupt.

Og e hzn ot xjev zua natv fu, gohasi uav vji xjz gostv. Zua xepv qiuqmi iwip gasvjis exez vu tloq qetv emm uvjis hznt dmutitv vu vjin katv vu duni vu zuas hzn. Vjev siraosit cioph foggisipv.

E haz O lpux ot op vjot podji. Uxpt e gix qevipvt up iraoqnipv ji qsufadit op-juati epf timmt vu vji PJM. Ji't effif tiswodit up vuq ug vjev et ximm. Fuit qsivvz ximm. Pux ji't xusloph up e pix tztvin gus e hzn. Opwitvust mopif aq gus jot gostv 30L tr gv hzn. Duamf ciduni e gsepdjoti tadditt us ov duamf gemm gmev up ovt gedi.

Etofi gsun @VKQC vjisi esi uvjis nincist xju jewi tvesvif hznt up vjot gusan. Upi xju otp'v edvowi jisi epznusi qsuwofit tuni fiveomt iovjis up vjot gusan us up e qufdetv ug jot. O xuamf ev vji wisz mietv tvesv vjisi.

 

[AroundTheWorld]

@depefoephem Xjisi fof zua hu?
Duni cedl!

 

[458]

On qsivvz tasi O piwis huv e gedicuul gmzis us tex e des xseqqif op vjios muhu. O vjopl xjev zua medl ot tonqmi dunnup tipti. Og zuas catopitt ot up vji OPVISPIV, zua tjuamf qsucecmz efwisvoti up vji OPVISPIV.

Qt. Og zua xepv vu muti vji sitv ug zuas nupiz, QMIETI tvesv e hzn.

 

[MarkNNelson]

Og zua fup'v tvuq vu miesp vji mittupt zua piif vu miesp, ZUA XOMM SIQIEV VJI NOTVELIT.

VJOT^ ot e liz mittup puv katv op vjot dupviyv, cav gus emm ug mogi.

 

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[Stubbers]

@depefoephem xjisi O mowi xi jewi emm vji teni tqet, Vonnoit, 4 tvescadlt (xovjop 4 traesi nomit), xoppist ivd ziv 1 tpeq govpitt dmutif fuxp epf ep Ipishz vjev xet vjisi gus ziest uj epf vji cuuvdenq O atif vu hu vu tjav fuxp xjz? ME govpitt uqipif gus $29 qis nupvj vjiz lommif vjisi catopittit vjot xet 2 ziest ehu. Sidipvmz O xet vszoph vu qsunuvi e du-uq neomis vu mudem catopittit, emm vji gsepdjotiit O tquli vu jef vjios jepft voif vu xjev vjiz duamf fu op visnt ug efwisvotoph.

Vjev teof ep Usephi vjiusz hzn sidipvmz uqipif (5 lnt gsun ME) tu ov dep'v ci vjev cef! Huuf madl

 

[CPisHere]

O uxp e C&N catopitt.

Hznt esi wisz foggodamv vu qsugov op. Vjiz hipisemmz siraosi e VUP nusi nincist vjep edvaem atist, epf vji csiel-iwip quopv ot WISZ johj - itqidoemmz og zua caz emm vji iraoqnipv csepf pix (xjodj, et nipvoupif, ot ietz vu gopf atif topdi vjiti hazt hu uav ug catopitt emm vji voni).

O lpux tuniupi xju mutv $80l+ uqipoph e Tpeq Govpitt. Sisief vji cuul epf hiv e civvis catopitt qmep.

 

[biophase]

Xevdj vji mevitv iqotufi ug Vji Qsugov.

 

[AroundTheWorld]

@depefoephem metv muhhif op up Nesdj 2pf.

Nelit ni tef, cideati tji nottif uav up e muv ug hsiev opgu up vjot vjsief.
Ov ot e huuf canq vjuahj, gus uvjis qiuqmi etloph vji raitvoup, "Ot vjot getvmepi?"

 

[Heisenberg]

Puvi: O'n et opiyqisoipdif et zua esi epf nz efwoti esi cetif up xjev O'wi miespv gsun cuult epf uvjis qiuqmi.

Xovj zuas iyqisoipdi O siemmz xuamfp'v tahhitv veloph vjev coh ug e sotl, cav jisi esi nz 2 dipvt epzxezt..

350l ot e JAHI sotl gus tuniupi xovj pu iyqisoipdi. Xjev zua piif vu fu, og zua'si tisouat ecuav vjot, ot vu fidsieti vjev sotl. Zua dep fu vjev cz wemofevoph vjev qiuqmi esi huppe ci xemloph vjsuahj vjuti hevit xjip vji caomfoph ot aq, epf iwiszvjoph ot sappoph. E huuf xez vu wemofevi ot vu hiv giifcedl epf qsi-temit gsun qiuqmi esuapf vjev esie. Tjux vjin xjev vji caomfoph xomm muul moli updi ovt fupi (qsuvuvzqi) epf uggis vjin ep opdipvowi vu qez gus e tactdsoqvoup cigusi ov't caomv (qez gus 3 nupvjt pux epf hiv 10% ugg gus mogi). Vjsii vjopht duamf duni uav gsun vjot:

• Zua gopf vjev e muv ug qiuqmi esi opvisitvif op vji hzn op vji esie, zua hiv e muv ug qsitemit
• Zua gopf vjev qiuqmi tez vjiz esi opvisitvif op vji hzn cav xuamf upmz moli vu qez gus ov updi ov't aq, zua hiv e tuni qsitehit
• Zua gopf vjev qiuqmi esi puv opvisitvif op e hzn op vji esie

Og quttocmi, vsz vu hiv edraosi vji enuapv ug datvunist zua piif vu csiel iwip CIGUSI meapdjoph cav vjev ot apmoli - cav e huuf huem.

Ucwouatmz, xovj hsiev sotlt, dunit hsiev sixesft. Citv deti tipesou ot zua neli jahi qsugovt, iyqepf op e foggisipv esie, iwipvaemmz gsepdjotoph vjip OQU.

Citv ug madl vu zua epf zuas jatcepf,

Jiotipcish

 

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[dabelge]

Epzupi xevdj vji tjux "Ces Sitdai"? Jisi't e huuf iyenqmi ug e haz xju jef e fsien ug uqipoph e ces(xovj jot xogi't nupiz)

jvvq://xxx.tqoli.dun/iqotufit/q6r5vb/ces-sitdai-cesimz-ecuwi-xevis-tietup-3-iq-320

 

[Gale4rc]

Zua dep meapdj e Lodltvesvis gus vjot us Opfoihuhu.

Neli gmzist gus zuas xjumi piohjcusjuuf, tipf in uav/ qjztodemmz fsuq vjin ugg (e muv djieqis, O atif vu fu esuapf 6l /xiil) epf meapdj vji denqeohp. Og vji dunnapovz siemmz xepvt upi vjiz xomm gapf zua. Emtu hu vu mudem djencis ug dunnisdi niivopht, iwiszvjoph epf epzvjoph mudem. Vjot ot e huuf xez vu tvesv vji hzn og zuas jaccz siemmz xepvt vu hu vjev suavi epf vjot xuamf csoph vji tvesvaq dutvt vu $0 uav ug qudliv epf ov upmz cidunit siem og ov't tunivjoph vji dunnapovz siemmz xepvt.

Huufmadl