Tim Rosanelli is a 5th Degree Black Belt in Shotokan Karate and owner of Maximum Impact Karate in Dublin, PA.

Business > Starting a Business Tips for setting up a small business

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"Are you Crazy!?" are the exact words that came from my wife's mouth when I told her that I wrote a business plan to start a Martial Arts School. She was reacting to me telling her that we would require about $50,000 for start up costs and the first few months of operating costs. Back to the drawing board, I went. I tweaked my plan so that we were able to start on less than a $1000. In less than 4 years, our business grew to a six figures income.

In those first three years of operation, I learned many important lessons that drove our business to success. Here's some tips to setting up yo...

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