Products and Services: As noted in the overview, Fusion Fitness will deal in sale of our memberships to our program and will provide personal training services at our gym, in Ruston, Louisiana. We will also tailor meal plans to each member, based on their personal fitness goals. The amount of money paid every month will depend upon the amount of times the individual wishes to come to our gym every week. Our “3 session per week” package will cost $105 per month and our “2 session per week” package will cost $85 per month. If there is enough demand for a 4 or more session package, then we will certainly implement that, but these two packages will be the foundation upon which we build. Regardless of the package, all members will have their personalized workout routines and meal plans available to them through our website and mobile application at all times; however, the personal training will only be available during your weekly sessions .We also plan on stocking protein, …show more content…
As research states, about 69% of personal trainer clients are women and around 11,000 mothers, daughters and college students call Ruston home; Therefore, the majority of our …show more content…
It is common knowledge that gym equipment is expensive, but we will not have as much to acquire since we will only host people for sessions (compared to regular gyms where a myriad of people come and go as they please). We want to have at least $40,000 when we begin. About $20,000 will go towards starting the business while the other $20,000 will be kept in cash for an contingencies that may arise. Each of the three partners will put up $10,000 of their own money, and the other $10,000 will be acquired through a three-year bank loan at a 4.29% interest rate, which will cost about $297 per month. We are only able to estimate, but if we are anywhere close to our projections, then we will be in excellent
“Snap Fitness estimates that each location incurs $4,000 per month in fixed operating expenses plus $2,000
The Cost-Volume-Profit analysis (CVP) for Snap Fitness provides an evaluation of its profits as costs and volume changes. As the owner of a Snap Fitness franchise, decisions about selling prices, product mix, and maximizing the use of the fitness center depends on CVP. A CVP analysis classifies cost as variable and fixed, and calculates a contribution margin. Relevant information identified in the analysis is the total monthly fixed costs of Snap Fitness, which are $6,000. Monthly fixed operating costs are $4,000 and monthly lease equipment costs are $2,000. The fitness
I have attained information about the different plans that the industry offers and gained knowledge about their goals for a judgement free gym. I have worked in the customer service industry for the last 5 years. Therefore I have gained the ability to work with a variety of personality types. I know how to directly converse with essentially anyone who comes my way. I will be able to combine my background in fitness with my pristine customer service ability to ensure that every single person I work with feels motivated to succeed and receive quality
The first and for most important question is; how much money does the company have. Is the company capable to pay a large sum upfront for the equipment or only small payments each month?
Members have the option to purchase 25-minutue or 50-minute one-on-one training packages of 5, 8, 12 and 24 sessions with a certified Personal Trainer. The fee for this service starts at $340 for an introductory package of five
The September 11th attacks on the World Trade Center spawned the formation of different tactics and strategy on countering terrorism. One of the plans is to create a Fusion Center. There were plans and trainings in place prior to the attacks in 2001, however the information gathered were not shared or utilized properly. Fusion Centers were established across the country between 2003 to 2007 by local, state and federal law enforcement.
Everyone has different fitness goals for themselves. Even just making the decision to create new fitness goals can be intimidating and requires an immense amount of motivation. Choosing the right gym to meet those goals can be just as important as setting the goals in the first place. Planet Fitness is a low-cost gym that is mainly marketed towards those who are interested in getting back into shape and those people who don’t think that they should spend all of their free time in the gym, unlike many other well-known companies. When a person signs up for a membership at Planet Fitness, they can expect to receive a variety of membership benefits, the ability to work out in well-kept facilities with sharp physical appearances, and to feel comfortable
Fusion Center was established as the bridge between federal, state and local law enforcement. The need for information sharing among federal, state and local enforcement was established after September 11 attack. Fusion Centers " primary goals are maintaining situational awareness with the state and region, identifying and anticipating both criminal and non criminal threats, and facilitating interagency communication and coordination activities based on these assessment. The analysis and use of the information and intelligence lies at the heart of their activities or should enabling the organization to better define and achieve their varied goals"(Joyal, 2012). Fusion center plays a vital role in enabling effective communication of locally
Funds are essential to set up a community gym, mainly for the building, equipment, and few employees. The community gym can charge monthly fees, except for African-American women, or all women in general. These can be funded by the state or the federal. Another option is to use an already set up gym, but provide free access to African-American women only. In either options, African-American women should be provided free access to gym, at least for 1 year, and later charge a very minimum fee. This encourages them to continue their routine without worrying about finance. Other resources needed are sponsorships from gym equipment companies to provide the equipment at a reduced price. Resources are also needed to advertise the free gym access through flyers around the community, school, workplaces, restaurants,
Snap Fitness, a fitness business based in Minnesota, offers franchise opportunities. The opportunity comes with a start-up fee ranging from $60,000 to $184,000. The following items are included in the start-up fee:
Fitness is in. The percentage of people belonging to health clubs and gyms has doubled over the past 20 years. More growth is expected, fueled by an aging Baby Boomer generation in search of eternal youth and the reality that regular exercise can prevent or control diseases that are driving health care costs relentlessly upward. The 24/7 fitness opportunity is the newest model of fitness centers today.
With a bachelor’s degree in nursing, and a vast knowledge of everything from fitness and nutrition to strength training, Alcox provides affordable training sessions to her clients in the Highlands Ranch, Lone Tree, Englewood, and Littleton area. In addition to offering one-on-one personal training, Alcox gives her clients the unique option to save money on training sessions by signing up for two-person training with a friend! Whether you’re trying to increase your muscle mass and improve your flexibility, stay in shape throughout various hormonal shifts, or just lose a few pounds, NASM certified personal trainer, Carla Alcox, wants to be your partner in fitness!
In addition to variable labor costs, there are some facility and equipment expenses that are variable. The major expenses in this category are the utilities. Additionally, equipment is depreciated, retired, and purchased on a continual basis. According to data from the health/fitness facility industry, startup fitness equipment costs range between $20 and $25 per square foot. Club owners also invest in equipment upgrades or replacement machines to stay current with equipment trends. According to the International Health, Racquet & Sports Club 2010 Profiles of Success, the median reinvestment allocation in 2010 for fitness equipment was 1.3% of revenues with some operations investing as much as 4.7% of revenues (American College of Sports Medicine, 2011).
Fitness and health have been spread worldwide now more than ever before but with companies taking advantage of this prices have shot up in equipment necessary to take the first footsteps into a better you. Some believe the only way to accomplish anything is to submit yourself to the burden of a gym contract that no matter where your new lifestyle takes you you'll have for years unable to lift the the wages and the weights. With equipment so expensive it's unimaginable to even begin believing in having all the equipment at your house. With the most affordable piece of equipment being a bench no racks or anything starting at 175 dollars (Rogue Fitness, 2010) that gym contract doesn't look to bad. Deciding to go with a at
Gender diversity in the workforce is another issue trainers must address. Women are increasingly entering the workplace at rapid speeds and due to their responsibility for home and family matters, employers and HR managers must provide flexibility and solutions through training and developing. Many women in the workforce have to juggle motherhood and try to manage a career and work life at the same time and studies have shown that the strain is beginning to take its toll on the general health and wellbeing of the female population (Robinson, Deborah, 2008, p1). Women need to be mentored by trainers to step up at take more senior positions in