There are two main ways to get into the ninja warrior training business in Australia. You can buy a pre-existing Ninja Parc franchise, or you can launch your own ninja warrior training gym from scratch. Both options have their pros and cons, and it can be tough to decide which is the best path for you. Today, we will compare and contrast the two options, so that you can make an informed decision about which route is right for you.
Launching Your Own Gym – Benefits
To start, what are the positives of launching your own gym? One big advantage is that you can be in complete control of your business. You get to make all the decisions, from the branding to the program offerings to the staff you hire. This can be a great opportunity to build something exactly how you want it, from the ground up.
Additionally, when you launch your own gym, you don’t have to pay any franchise fees. That means more of your profits stay in your pocket, rather than going to someone else. And, as the business owner, you get to keep 100% of the equity in your business.
Of course, you can name the business whatever you want, something that can be difficult when buying a franchise. And, if you’re looking to build a business that you can one day sell (or even pass on to the next generation), a gym can be a great option.
Launching Your Own Gym – Drawbacks
Despite all the positives, there are some drawbacks to launching a gym that you should be aware of before taking the plunge. For starters, it takes a lot of money to get a gym off the ground – you’ll need to purchase equipment, build out a space, and hire staff. Do you have the resources?
What’s more, you’re starting from scratch with no reputation or customer base; it can take years to build a gym that is successful and sustainable. Are you prepared for the long haul? Depending on the competition nearby, you can’t assume that people will turn up on the first day. Instead, you’ll need an extensive marketing strategy to get people in the door – and keep them coming back.
Finally, there’s the issue of liability. With a gym, you’re responsible for the safety of your customers and staff. One slip-up could result in a lawsuit that could sink your business. Do you have the insurance coverage you need?
Launching a Ninja Parc – Benefits
When you purchase a Ninja Parc franchise, you’re buying into a proven business model. The Ninja Parc brand is already well-established, which means you’ll have an easier time getting customers in the door. Customers know the name and they will visit from the first day because they know what to expect – it’s like a McDonald’s entering the neighborhood rather than a family-run fast food outlet.
Ninja Parc franchises also come with extensive training and support. You’ll have access to a team of experts who can help you with everything from marketing to setting up your gym. With the right resources, there’s no reason why you can’t succeed.
Launching a Ninja Parc – Drawbacks
In truth, the drawbacks are few and far between – mainly, you aren’t in control of the branding. You can’t put your own spin on things and really make the gym your own.
The other main drawback is that you’ll likely have to pay a higher price for a Ninja Parc franchise than you would for launching your own gym. But, if you’re serious about making a success of things, the price is worth it.