Research for Plan Questions needs to be asked: Style of gym along with the number of clients and all sources of revenue generated. Expenses and operating costs, including employees and the management of those employees. Hurdles in starting your own gym, or unforeseen problems that arose. Your research and planning should include a complete budget. Your business will need the obvious things: equipment, marketing, and a location, but make sure to include items that most people don’t think about. Things such as insurance, accounting, attorney and cleaning services, and utilities can add up to be major costs. Basic machines: 1. 2. 3. 4. 5. 6. 7. 8. Pulley machine cum pull up bar. Smith machine Incline, decline and flat benches. Benches for curls Leg extension machines Equipment for free weights like different grips, bars, etc Mat for entire Gym (relatively cheap) Treadmills & Elliptical & Exercise bikes Extra Facilities one can start extra facilities with the gym to increase the serviceability and profit margins. For example, adding a food and drinks area providing power shakes or a cosmetics area with a ladies gym, shower rooms, spa etc. These extra features can increase the number of members and also yield profits from the so called side business.