Chris is right on point. A business plan will help give you a good perspective. Assuming you are going to rent. (Building your own facility is a whole other ball game.) Plan on first and last month's rent upon signing the lease. Try to get at least a 6-12month abatement on your rent which will give you some time to build your business before the huge expense of rent kicks in. Showers are great but hard to find. I lucked into finding our current facility with showers but it does add an additional expense. We have about 150 members and the water bill alone is $200/month in Indianapolis but it will help draw students in. Location is huge. It's worth the extra money to get a good location. Mats are expensive as hell, but, if you can afford them from the get go, get the high end mats. They will last you a long time and they look very professional. That's my next big purchase myself. Are you going to Affiliate? Affiliations bring credibility but it is an additional expense but worth the draw. Not sure how others work, but Eddie is very picky about who becomes an affiliate and for good reason. People know when 10th Planet shows up at a tourney, it's go time! Again, credibility will draw students. Lastly, don't forget liability insurance with a sound waiver to protect your ass. Google martial arts insurance and several will pop up that are affordable. As you grow, how are you going to track students? Zenplanner, Mindbody, or your own notepad with pen and paper? If you have a succesful facility of any type, you will need some type of software to assist in tracking payments, etc... As you grow, other things you will want to consider are: an accountant. Business taxes are a different ball game and if you screw it up it could go south real quick which is why i have an accountant. How are you going to market? Signage, banners, social media, paid Facebook ads, etc...? Some are free some aren't. There's a service called Legal review that charges a modest monthly fee that will review your contracts, waivers, etc.. plus send letters to individuals that try and skip out on contracts with the firms letterhead and will also provide a certain amount of hours of legal representation if needed. Lastly, patience. The old movie saying, "if you build it they will come" is not true. Businesses fail everyday. However, if you have a good product, good location, a budget, and a good plan, with some patience your odds are much better for success. Hope this helps.