Stringing Profits Begin with Education

Most of us are always looking for new ways to generate profits and create new business. Our thoughts tend to be directed toward the tennis court. Can we come up with a new and creative idea to increase revenue for our club? This is a very difficult question to answer. There are only so many [see more]

Are you new to the tennis business?

  If you’ve just joined us recently you’ll find that there’s a LOT of material here to read on a variety of topics. One of those topics is running a successful business.  If you have an interest in starting a retail tennis business there’s a 13 part series on the many things that can help [see more]

Business Basics – Part 13 – Final Comments

As I mentioned in part 1 of this series, we’ve covered a lot of this material at the annual IART symposium. We’ve brought in expert financial consultants and provided detailed information on just what it takes to start and run a successful racquet sports business. Here are some of the key points to take away [see more]

Business Basics – Part 12 – Taxes

Oh what a nasty word right? No one likes to pay taxes but unfortunately, it comes with the turf. Once you choose your business name and register this with your local city and state government agencies you’re no longer operating under the radar. That means if you don’t pay your taxes you’re in for a [see more]

Business Basics – Part 11 – Location & Equipment

Location can be one of the most important decisions you make with your new business. You’ve undoubtedly heard the old adage location, location location but consider this. That old adage came from an age when business was much different and economies were on more solid ground. While you may want to have a storefront location [see more]

Business Basics – Part 10 – Choose & Register Business

Now it’s time to have some fun and choose a name for your business and get it registered with the proper authorities. It most cases, you’ll need to register with your local city authorities as well as with the state. Choose & Register Your Business  Choosing and registering your business name is a key step [see more]

Business Basics – Part 8 – Business Types

Without a doubt, one of the most critical things you will have to decide is how you choose to structure your business. In the United States, there are 6 basics choices, each having a different impact on things such as the taxes you will pay and whether or not your personal assets are protected in [see more]

Business Basics – Part 9 – The Business Plan

Now comes the hard part. The part that many new start-ups fail to do and because of this, one of the leading factors in why many new start-ups fail. The business plan. Yep, I know. It’s a real PITA BUT, once you’re completed it you’ll be glad you took the time to do it and [see more]