December 9th, 2011, 17:54 | #31 |
Brian's business costs are very good. The only thing I can think of adding to that list are the city taxes. That can't be cheap for a building in a commercial zone.
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December 9th, 2011, 18:00 | #32 |
plus the cost of running amenities in the facilities such as F&B, the more facilities the more it cost to run
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December 9th, 2011, 18:13 | #33 | |
8=======D
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Quote:
When you start any business you should have sufficient cash reserves that you can run the business with ZERO income for 2 years .. For the model I presented to be safe , you should start that project with half a million dollars in the bank CASH not credit and you just may survive long enough to get to a positive cash flow. Most businesses fail because they finance the start up and expect a positive cash flow on opening .. this really does not happen .. .. So if there is someone with half a million sitting around , and they don't mind waiting a decade to get it back.. I'm ready to start tomorrow.
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Brian McIlmoyle TTAC3 Director CAPS Range Officer Toronto Downtown Age Verifier OPERATION WOODSMAN If the tongue could cut as the sword does, the dead would be infinite |
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December 10th, 2011, 15:13 | #34 |
takagari
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If someone had a large storefront already operational. Say online. And they moved in. As well as already having 50+guns ready for rent as well.
I hear xt In Winnipeg only recently started making much of a profit. And it's a small maybe 5000 sqft facility
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Eddie Creek, MB Airsoft Field, Valken Dealer, Local Age Verification [COLOR="DarkOrange"][B] |
December 10th, 2011, 17:55 | #35 |
I can assure Brian is right and I like it! I worked on a project, did a great market study, called insurance, hydro-qc, etc to have a good idea of how to make it profitable. Marketing isn't all. Neophytes tend to think if you spend 100 k$ on publicity then you'll get 200 k$ in return. Even a good concept isn't enough. You have to be devoted and already spare some money BEFORE starting such a big thing.
As I've been told many times by big paintball field owners, start little, test your market, then grow. Retest your market, then grow etc etc etc. If you go too big with an new product/service, risks won't make YOU a good investment. Also, successfulness is 51% of success and 49% of failures. Like the Casino, beat the probability! |
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December 11th, 2011, 01:23 | #36 | |
8=======D
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1. Already own the land, there is a lot of fallow warehouse space out there , someone owns it.
2. Most places start out loosing money, and continue to , until the owner runs out of money Quote:
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Brian McIlmoyle TTAC3 Director CAPS Range Officer Toronto Downtown Age Verifier OPERATION WOODSMAN If the tongue could cut as the sword does, the dead would be infinite |
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December 11th, 2011, 15:43 | #37 |
takagari
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Lands a small cost compared to te building.
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Eddie Creek, MB Airsoft Field, Valken Dealer, Local Age Verification [COLOR="DarkOrange"][B] |
December 12th, 2011, 13:56 | #38 |
Did anyone check this out yesterday?
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December 12th, 2011, 14:03 | #39 |
8=======D
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I guess I meant already own a large empty heated warehouse
The only reason TTAC3 exists is I already have the space for my other School.
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Brian McIlmoyle TTAC3 Director CAPS Range Officer Toronto Downtown Age Verifier OPERATION WOODSMAN If the tongue could cut as the sword does, the dead would be infinite |
December 14th, 2011, 20:42 | #40 |
.. and I guess bootstrapping off a related business is how the folks in London are doing it:
http://airsoftcanada.com/showthread.php?t=133890 Wish we could pull this off in TO. I'd be there every week. |
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December 14th, 2011, 20:46 | #41 |
December 15th, 2011, 12:41 | #42 |
So did anyone go to this new site's opening/introduction day? If so what were your impressions?
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January 1st, 2012, 22:15 | #43 |
Any updates?
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January 2nd, 2012, 01:16 | #44 |
Najohn
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according to their post on milsimontario, the Dec 11th event was canceled
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January 2nd, 2012, 01:58 | #45 |
It has yet to open... 3 'grand opening' paintball dates have been cancelled/moved since the original date was posted.
In mid-december an employee of mine drove by the lot... vacant lot with nothing like what the renderings on the website promised.
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The Tier One Tactical Operator Tippmann Arms M4A1 KWA USP .45, KJW P226, KJW hi-cappa |
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