Localfund.com - All about Fund and Investment
*Home>>>Business Invest

Does anyone here own a Spa?


If you do can you give me some advice on how profitable is it? How much work? How to get started? Would you recommend it as a good business venture to invest in?

I own a spa, I have only been operating for 2 years. I am in the plus already, don't tell my accountant. LOL
It was very profitable to me, the hardest part was getting the money to pay for the equipment, a place, remodeling and products.
I have three booth renters who cover the mortgage and the equipment, the only real thing left for me to pay for is products and utilities. Our advertising is next to nothing.
We barter a lot of our services, which means free stuff, this is one thing that helped us out a lot.
You need to decide whether you want to employ or booth rent, I chose booth renting because it means less work for me and I don't have to hold Workman's comp or pay the employees.
I have to tell you though, in the beginning I was work6 days a week from like 8-9, it was rough, but it was only for about ayear and now I work 4 days from 1-8 for extra income.
Good luck and have fun.

i would own one it makes money ask me

Tags
  Capital Investment   Business Investment   Business financing   Business Invest   Business Debt   Bond Investment   Angel Funds   Alternative Investment
Related information
  • What will the brokerage firms and banks do with the money they borrow from the federal government and foreign?

    Most banks borrow to meet reserve requirements from the Fed. Banks have always used deposits as a means for various investments, which primarily consists of loans.

    ...
  • What should I do with my money?

    Investing in stocks is more risky than what you already have. If you cannot afford to loose, do not put into stocks, unless you find some nice low risk fund families that you really like. Buy th...

  • Is it true you can avoid Capital Gains Tax in the uk....?

    No there is only a certain amount you are allowed to invest in a pension fund, and you still have to pay tax on any unearned income

    ...
  • Is Reliv International Scam ?

    i am a distributor and have been one for only a few weeks. i am seeing checks already. i am telling family how wonderful i feel on the products. feel free to contact me personally if you need speci...

  • Need help with adjusting entries - to make correction to fix mistakes in prior fiscal year?

    Don't worry about it. Let the auditor deal with. If you're still worried about it. Do this and remember, the reason why you don't post into prior years after it has been closed is...

  • I need your advice about Mutual Fund Investments?

    As you can take little risk, invest more then 50% in balanced fund. They give less return but less risk.

    ...
  • Is anyone out there extremely rich or just moderatly rich or just got enough in the bank to be comfortable?

    I don't think you'll find anyone here that will entertain this offer.

    ...
  • Trading online?

    In this market, keep your cash --- in cash. Us e a money market fund, or if you don't need access to it, a 3-month CD. Read up in investing, pay attention to what goes on, practice with &qu...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster