How to open a golf club

Opening a golf club is the dream of many professional players. You can build a business dedicated to your favorite sport. With the right preparation and patience, it can become very profitable, as your clients will be men and women of all age groups.

You will need

• - business plan;

• - financing;

• - licenses and permits;

• - inventory suppliers;

• - staff;

• - advertising.

Instruction manual

1

Choose the services that you offer customers and the equipment that will be used. You can purchase land for the organization of the playing field, or you can equip it in a special training pavilion. If you can’t organize the field, you can simply open a specialized store that sells equipment for golf clubs.

2

Come up with a catchy name for a golf club. Too common names can easily be forgotten or confused with the names of other enterprises. The club’s unique name will help golfers remember your institution.

3

Create a business plan, detailing all the priority tasks and the ultimate goal of the business. It should also include your strategies and budget planning. Free sample business plans can be found on the Internet.

4

Get a loan for a small business in a financial institution of your choice. You will need start-up capital for the purchase or rental of a building, the purchase of equipment, payment of licenses and state fees, additional costs and the formation of a client base. Consider other sources of financing if the bank refuses to grant a loan. Seek help from relatives, friends, and anyone who shares your idea. Visit your local chamber of commerce and try out its services.

5

Obtain local and state permits and business licenses by visiting your local government. Requirements vary depending on your country, region and municipality. Find out how to get your federal tax identification number by visiting the tax office website.

6

Find suppliers who can provide you with golf equipment. You can find this information on the Internet or in themed paper publications.

7

Post job postings in local newspaper and job sites. Ideal candidates should be experienced golfers in order to properly serve the institution and help clients learn the sport. Organize the grand opening of the club. Advertise it in all local media.