Uploaded by subhanbhatti106

Research for Plan

advertisement
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.
Download