Quote:
Originally Posted by g_petko
A guess to an extent it is both, but I lack what I consider enough knowledge on the financial side of things and things to keep an eye on / consider
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When you build a successful business with a consistent source of income, finance will be an extremely crucial part of maintaining success. Projections are usually overly optimistic and cash flow and budgeting is probably what I consider to be the most important part for a start up. You must be good with money and you must continue to check if the numbers are right before its too late. And always allow for contingencies which basically means "shit happens" budgeting.
I have no idea how to run a gym tho lol.
Good Luck and always keep an eye on the finance. Maybe try to at least take a course or two on accounting to get a good idea of the financial statements and bookkeeping.