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Hamid

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Nov 21st, 2014
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  1. To: Mr. McGrath
  2. From: Hamid
  3. Date: 20/11/14
  4. Subject: Prepare a realistic initial plan for a business idea suitable for the local area – My Gym (business name)
  5. 1. RATIONALE
  6. 1.1 The Vision of my gym?
  7.  
  8. • Make up a vision?
  9. • My gym should have new weights and new machines because new people will come.
  10. • My gym will have two separate rooms one for the women and one for the men.
  11. • My gym will have the running machines for people who want to improve their stamina.
  12.  
  13.  
  14. 1.2 What problem will it solve?
  15.  
  16. • There are there is only one local gym in area (pure gym)
  17. • There is obesity issues in the UK
  18. • There is obesity issues in Birmingham
  19. • There is high heart disease in the Asian community
  20. • Cover social trend of more people visiting a gym
  21. • Pure Gyms are too over crowded
  22. • I will solve the problems of obesity in UK
  23. • I will solve the problems of only been one gym in the area.
  24. • There will be
  25. 1.3 What customer needs will it fulfil?
  26. • Quality service
  27. • Outstanding hygiene.
  28. • Safe new maintained equipment.
  29. • New machinery
  30. • Biometrics and security
  31. • Induction courses to new machinery
  32. • More choose of gym for local community
  33. • Small local gym
  34. • Separate sections for men and women (this is important within the Asian community)
  35. • Personal trainer available
  36. • Extra classes such as
  37. • Cardio training room with lots of machinery
  38. • Weight training with lots of machinery
  39. • Pay online (discount online payment)
  40. • Long term contracts
  41. • Pay as you go
  42. • Short term contracts
  43. • Subscribe on line
  44. • Halal products available
  45. • Id to join and fingerprint (biometrics)
  46.  
  47. 1.4 What will make it different from other gyms in the area?
  48.  
  49. • Separate sections for gender
  50. • Pay as you go sessions
  51. • Pay as you go classes
  52. • Extra classes
  53. • Biometrics for security
  54. • Tanning room (pure gym has not got this service- have to travel to town)
  55. • Join Weight watchers- weekly meetings
  56. • Competitions
  57. • On line videos
  58. • Social networking – join face book page, review page
  59. • Personal trainers speak different Asian languages
  60. • Halal products and nutritional cafe
  61.  
  62. 1.5 The concept?
  63. • Copy and paste vision
  64. • Make money through pay as you go to use the gym facilities.
  65. • Make money through long term contracts
  66. • Make money through short term contracts
  67. • Make money through weight watchers advice and session
  68. • Make money through extra classes
  69. • Make money through personal trainer
  70. • Make money through tanning room
  71. • Make money through cardio gym
  72. • Make money through weight room
  73. • Make money through sales in nutritional cafe
  74. • Make money from protein drinks shakes, vitamins and supplements
  75.  
  76.  
  77. 2. SURPORTING EVIDENCE
  78. Possible customers
  79.  
  80. 2.1 Who will go to use your gym?
  81. 2.2 What type of people? Gender, age, interests
  82. 2.3 How far will they travel? Where must they live?
  83.  
  84. 2.4 Possible routes to the market? Where will it be
  85.  
  86. 2.5 You’re Plan to deal with customers?
  87.  
  88. • How do I intend to offer different services to competitors?
  89. • Do I intend to have a different location to pure gym?
  90. • What pricing will you use?
  91. • How is my gym better than Pure Gym?
  92. • What is my Unique selling point (tanning room, separate segments for gender, nutritional cafe, supplement products (PROTEIN) Halal products, Personal trainer and weight watchers)
  93.  
  94. 2.6 Ideas for financing (Use page 30-31 to help generate ideas)
  95.  
  96. 2.7 Ideas for implementation
  97.  
  98. • How will you turn your plan into reality?
  99. • How you put this plan into practice?
  100. • How will you manage until your business starts making profit.
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