business

Tuesday, December 7, 2010

BUSINESS FITNESS ANALYSIS



The Business Fitness Analysis (BFA) culminating in the Business Fitness Report (BFR), assists the Small to Medium sized Enterprise (SME) business owner to identify their own high level business needs.

The BFA is a questionnaire requiring mainly YES/NO answers that covers the following areas of business and takes approximately 20 to 30 minutes to complete. It does not ask for any private or business financial information and covers the following areas:
This industry has enjoyed healthy revenue growth as Americans become more aware of the importance of fitness. Health and social interaction are the main factors that draw members to fitness and recreational clubs, along with appearance-related factors including muscle tone, looking better and weight control. The media has played its part, with an increased emphasis on appearance and wellness evident.

In-depth industry market research presented in a logical and consistent format. Including 36 pages of insights covering industry conditions, key statistics, competitor analysis and market share, product and customer segmentation and a 5 year forecast
IBISWorld is the FIRST research firm to offer key statistics and in-depth analysis on every sector of the US economy.

Our industry research reports feature 25-50 revealing pages, including market size, market share, segmentation of products and services, business insights, market trends, a 5 year industry forecast, and much more! All offered in an easy-to-use, online format.
fitness
Why do it yourself? A few minutes with an IBISWorld industry profile is worth weeks of in-house market research. Knowledge is power... become an industry "expert" today!
In 1999, the U.S. medical bill was $738 million, of which businesses paid 30 percent. Recent studies indicate positive returns on investments for wellness programs of various companies ranging from $1.91:1 to $5.78:1. General Electric's aircraft engines division, for example, saves $1 million per year through its wellness programs. Traveler's Insurance Company reported savings of $7.8 million in 2000, attributable to its wellness programs, and a return of $3.41 for every dollar invested in wellness.

Important demographic changes are taking place in America that point to the importance of worker productivity in coming decades.

•16 million new jobs will be created by the year 2005, but there will only be 14 million workers to fill them.
•In 2000, women comprised one-third of the work force, a ratio that will increase to one-half by the year 2003.
•An estimated 80 percent of jobs to be filled in the immediate future will require more than a high-school education. Only 74 percent of Americans, however, finish high school, and only 67 percent graduate with adequate skills.
•The number of skilled workers available to fill new jobs is decreasing, meaning that employers are facing more severe competition for labor. Thus, the health and productivity of each employee becomes crucial to a company's success.
The following quantitative information has supported explosive growth in the health wellness program industry. The last five years has seen a 9% growth rate and the next five years is expected to achieve a 7% growth rate.



The preferred format fitness center business plan template for investors, SBA, banks and angel investors in MS Word format.
You don't have to create your own contents from scratch or delete most of it as may be the case with a sample plan. You'll also get the most professional printed results. The program includes the retail store template by default and one additional business plan template of your choice (in this case fitness center business plan template). You can also purchase some additional retail business plan templates. The fitness center business plan template is fully geared towards the fitness center business. Easily add project plans, phasing diagrams, floor plans, specific plans and more as is needed. Easily insert financial data from the financial application.
It's a program that produces faster results than any other, and is brought to you by a company with over 25 years of related experience. It is a helpful fitness center business plan program and offers the necessary flexibility. Its structure is the preferred format today and it offers you a template that includes all that should be included in a fitness center business plan geared toward success. The financial application is the only retail specific close-to-reality planner in the world.

Designed to help retail entrepreneurs and retailers make smarter decisions faster and easier, it's the best value your money can buy when it comes to fitness center business plan and retail financial plan software.

The Financial Fitness Analysis (FFA), culminating in the Financial Fitness Report (FFR) gives you an objective high level assessment of your financial planning needs.

The Financial Fitness Analysis is a questionnaire requiring mainly YES/NO answers and takes approximately 15 to 20 minutes to complete. The FFA does not seek to illicit any private financial information and covers the following areas:

* Business Continuity
* Wealth Creation
* Employee Benefits

The questionnaire is used to determine the financial fitness of your business. You will receive a detailed report on the results via email from one of a Sanlam Cobalt consultant. The analysis and report is done at no cost to you, the business owner.

•Increased usage of fitness facilities on behalf of individuals. Exercising and "working out" has become a more mainstream activity in American's lives over the last decade. Five to ten years ago there were widespread reports about an impeding health crisis, obesity. Americans, relative to their Western European counterparts have higher incidents of obesity. To a large degree, this is correlated to American's unhealthy diet of fast food, and generally poor food choices, especially fried foods. The poor diet is not the only factor however. Americans were fairly inactive, with only 19% of people age 20-40 exercising three times a week. Luckily, that has changed over the last 10 years. The percentage of active people has increased to 43% as of 2002. More and more people are going to the gym after work or are incorporating some sort of outdoor activity into their daily routine.

•The incorporation of fitness memberships within the "basket of benefits," a part of the total compensation package. As fitness memberships have become a more common element in the working American's lives, companies have become to incorporate membership as part of their benefit package for employees. This has occurred for at least two reasons. One reason is a flexible method to compensate employees. The second reason is that is has a positive effect on a company's bottom line. Study after study supports the contention that a physically fit employee is happier, healthier, and more productive. For no other reason, offering fitness club memberships to employees is a smart cost-benefit decision
Corporate Fitness is entering their second year of business. The business model has been well received and marketing is especially important to maintain growth and market penetration. In addition to offering fitness facilities for Seattle corporations, Corporate Fitness' main activity is the creation and implementation of wellness programs. The basic market need is the reduction of corporate costs and the increase in employee efficiency that can be achieved through long-term wellness programs.

No comments:

Post a Comment