Climbing Gym Financial Projections
The most common call I receive from aspiring gym developers is, “where do I obtain a template for creating a financial projection for my gym project?” Unfortunately, the industry does not have any industry financial profiles, which are generally compiled by an industry trade association. There are a couple of vendors in the climbing wall industry that provide algorithmic financial models (in Excel format), but my experience is that most fall far short of a strategically based financial projection. What is an aspiring gym developer to do? I suggest a four step approach. Identify other...
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