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SAMPLE BUSINESS PLANFITNESS PLUS, INCDisclaimer:This is a sample business plan, so the company and businessinformation are fictitious. This plan reflects our standard businessplan model, and changes in outline and structure can be made as perclient specifications.
ContentsEXECUTIVE SUMMARY.41.1 COMPANY OVERVIEW:.61.2 MISSION AND VISION:.61.3 STRENGTHS AND CORE COMPETENCIES:.61.4 CHALLENGES:.6INDUSTRY ANALYSIS.7SERVICES OVERVIEW.93.1 SERVICES:.93.2 BENEFITS AND FEATURES:.93.3 WHY PEOPLE NEED THIS SERVICE?.9MARKETING PLAN.10Sample Business PlanGENERAL COMPANY DESCRIPTION.6MARKET ANALYSIS:.104.1 Market Description.104.2 Market Facts:.134.3 Market Size:.144.4 Market Growth:.154.5 Market Demand:.174.6 Market Trends:.184.7 Market Growth Potential:.194.8 Market Opportunities:.214.9 Barriers to Entry:.214.10 Regulations:.214.11 Service Potential:.214.12 Targeted Audience:.224.13 Competition:.264.14 Market Niche:.27MARKETING STRATEGY.275.1 Value Proposition:.275.2 Branding:.285.3 Marketing Objectives:.285.4 Strategy:.285.5 Marketing Budget:.28SWOT ANALYSIS.29MARKETING MIX.31OPERATIONAL PLAN.33BizPlanCorner.com2
8.1 Service Execution Timeline:.338.2 Location:.338.3 Legal Environment:.338.4 Personnel:.33MANAGEMENT AND ORGANIZATION.339.1 Management Strength:.349.2 Bankers:.359.5 Advisor:.3510.1 Start-up expenses.3610.2 Revenue Forecast (3 - Year): .3710.3 Profit and Loss Projection (3-Year).3810.4 Pro forma Cash Flows (3-Year).4010.5 Projected Balance Sheet:.4110.6 Breakeven Analysis.42APPENDIX.43BizPlanCorner.comSample Business PlanFINANCIAL PLAN.363
Executive Summary1. Fitness Plus will provide health care and body workout services.3. Owners are experienced and dedicated towards health care services.4. Health care market is on the boom in USA.5. Market volume is expected to reach 69.8 billion by the year 2012.6. A large segment of market is still untapped.7. Heart disease and obesity are on record high causing increase in health clubdemand.Sample Business Plan2. Fitness Plus will offer low cost services to all segments of customer.8. Low income market segment is ignored by key competitors.9. Health club market is competitive in Miami but provides equal growthopportunities.10. Increasing awareness, obesity and heart disease are the driving forces formarket growth.11. Fitness Plus will have their own training facility with state of the art health careequipment from quality manufacturers.BizPlanCorner.com4
HighlightsExpected Revenue GrowthSample Business PlanStartup Expenses:Expected Profit Growth:BizPlanCorner.com5
General Company Description1.1 Company overview:1.2 Mission and Vision:Vision: To create awareness about healthy lifestyle and its benefitsMission: To provide strategies and training programs related to health care1.3 Strengths and Core Competencies:Sample Business PlanFitness Plus health club is situated in Coral Gables, Miami-Dade County, Florida. It wasformed by David Foster and Steve Homes in December 2008. Fitness Plus will providehealth and fitness services that are good in quality and low in cost. Lowest cost of services in comparison to competitors Certified trainers from top ranked health care institutions Owner’s commitment and dedication towards health care services1.4 Challenges:Fitness Plus will face a challenging situation in creating its brand image and attractingcustomers towards their services due to presence of already established players in thelocal market such as: Gold's Gym Coral Gables Adventure Bootcamp 30 In A Hurry Fitness Coral Gables Personal TrainingBizPlanCorner.com6
A health club can be descried as a service facility that is intended to provide physicalhealth care exercises with the help of specialized equipment. It normally serves bothmale and female customers but in some cases females are provided special attentionby providing them female only health clubs in which all staff including trainers are alsofemales. Normally, the environment is made casual to provide customers comfortableexperience that helps them performing bodybuilding and other exercises with ease.According to a survey conducted in 20061, total number of health clubs in USA was29,069 with over 41.3 million members. Almost 49.5%2 of those health clubs were inCalifornia, New York, Texas, Florida, Pennsylvania, Ohio, Illinois, Massachusetts,Michigan and Alabama. See the chart below to understand market share of top 10states.12Sample Business PlanIndustry ry.aspx?did 32 (accessed March 7, 2009)Calculation from active marketing website, check appendix aBizPlanCorner.com7
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Services Overview3.1 Services:Fitness Plus will provide following health related services: Aerobics Boxing Yoga Pilates Muscle Training Diabetes & Obesity ControlSample Business Plan Cycling3.2 Benefits and Features: State of the art facility with latest equipment from quality manufacturers Low cost with monthly, quarterly and annual subscription plans. Personal qualified trainers to help our members achieving results without wastingmuch time3.3 Why people need this service?Health care and fitness club market in Florida has been serving to a high incomesegment of late. Average income of health club member is 76,000 as of 2006 survey.This leaves a large segment of low-income customers with unmet needs. Fitness Pluswill primarily exist to provide health care facility to the lower income class withoutcompromising on quality of service.BizPlanCorner.com9
Marketing Plan4.1 Market DescriptionAccording to a survey by The International Health Racquet & Sports Club Association inyear 2007, it was mentioned that there are 29,636 health clubs in United States thathouse a total of 41.5 million3 members. Health clubs that are involved in commercialbusiness have a total membership of almost 20.4 million and 17.2 million4 membersbelonging to not for profit health clubs.Sample Business PlanMarket Analysis:Total Members Distribution in MillionsOthers3.99%Not forProfit17.242%Commercial20.449%Com m ercialNot for ion page.viewPage.cfm&pageId 19547 (accessed March9, cts.php (accessed March 9, 2009)3BizPlanCorner.com10
Health Clubs in Florida:Sample Business PlanState of Florida houses 1,691 health clubs out of total 29,069 in the USA, which makesalmost 5.81%5. There were only 863 clubs in 1995 that grew at almost 9.59%6 in 2007.56Calculation from active marketing website, check appendix bCalculation from active marketing website, check appendix cBizPlanCorner.com11
Sample Business PlanGrowth of Health Clubs in Florida:4.1.1 Industry Life Cycle:Health care and fitness industry in USA is still in the growing stage, although it has beenmore than two decades of active operations. Currently, total membership has reached41.3 million with an average household income of 76,000. Market coverage is only14%7 of total population throughout USA, which is huge potential for growth in years tocome.7Calculation of population from website http://www.census.gov/ (accessed March 9, 2009)BizPlanCorner.com12
Sample Business PlanUSA health Clubindustry4.1.2 Cyclical trends in Industry:Health club business is not affected by different seasons and keeps running smoothlythroughout the year.4.2 Market Facts:Health club market in USA has grown rapidly in the last 10 years, following are the keypoints related to health club members in USA. Out of the total 41.3 million members in USA, 48% are male and 52% female. Average annual income of health club member is 76,000. On average health club member attends 92 days per year in their club. Most widely used health club program is personal training. Top area of development in U.S. health clubs is cardiovascular equipment.BizPlanCorner.com13
Although medical research
SAMPLE BUSINESS PLAN FITNESS PLUS, INC Disclaimer: This is a sample business plan, so the company and business information are fictitious. This plan reflects our standard business plan model, and changes in outline and structure can be made as per client specifications.
