This video goes into depth about how much I spend per month running a basketball facility and basketball training business. I cover each expense I have on a monthly basis and its purpose.
If you are curious about what goes into running a basketball gym and what kind of expenses you incur this video will help you. This doesn't include yearly LLC fees, website hosting fees, accountant fees etc. These expenses are all for running the gym and for growing my basketball training business.
The main monthly gym expenses are the lease, heat, wifi and electricity. These are non negotiable's just to keep the gym open and running.
The rest of the expenses like adobe premier, acuity, drop box are all services I use to help make my life easier and distribute content like this.]
We also have in house expenses like new basketballs, broom, and bathroom necessities that are must in terms of keeping up with the needs of the gym.
Next is paying people to help run and grow the business for me, as of now I just have Max who helps train and run the gym when I am not here and TJ who films and edits some of my content. Both of these people help save me time and are vital to the growth of my basketball training business.
Last expense is upgrading equipment to make sure I am working as efficiently as possible and these are occasional expenses month to month.