If you are a golf fanatic, you might have considered setting up your own driving range business. This is a great idea for golf lovers because it allows you to build a career out of the sport you love whilst sharing your passion with others.
Here is a simple guide to starting your own driving range business.
Research
Starting your own business requires lots of research. You’ll need to think carefully about the area you are choosing to build your business in – is it a highly populated area? Is there another driving range already nearby? Are there enough people that will come and use it? These are all important questions you need to consider.
Try to look at different locations and see how they are affected by commute times, local businesses or schools in the area, etc.
You will also need to do some research on the startup and the ongoing costs of being a driving range owner. While there are likely to be loans and funds available to help you start, it is important to Put together some estimates based on various levels of profitability as to how long it will take you to break even on your investment.
Financing
Once you have a solid business plan in place, you need to look for backers and investors to support your plan. Ensure that your business plan is error-free and that you can answer every question they may ask about your projections.
If you don’t have this in place before looking for financing, you will end up missing out on some key investors.
Setup and design
Now time for the fun bit – setting up and designing your driving range.
You will need to kit your driving range out with all of the necessary high-quality golfing equipment. At Sportsmark Group Ltd, we offer everything you need to build a driving range, from ball stop netting to driving range distance markers.
Try to work as quickly as you can at setting up your driving range so you can open it up to the public and start to make some profit.
Sportsmark Group Ltd
If you are looking for high-quality golf driving range equipment for your driving range business, then look no further than Sportsmark Group Ltd.
At Sportsmark Group Ltd, we offer a range of golf course supplies, including golf pins, golf hols cups and more.
We also offer equipment for a wide variety of other sports including hockey, badminton, football, rugby and so many more.
For additional information on the range of services we offer, please don’t hesitate to get in touch with a member of our friendly team here today. We are always on hand to answer any questions or queries you may have.