Business Promote Fitness Gym In Australia †Myassignmenthelp.Com

Question: Discuss About The Business Promote Fitness Gym In Australia? Answer: Introducation In this report adamantine study has been conducted on the undertaken fitness business industry and developed business plan to promote fitness gym in Australia. In this report, fitness business has been undertaken and structure business model to promote and effective running of fitness business in Australia have been taken into consideration. This report reflects all the internal and external factors which will be faced by entrepreneurs while running it fitness business in Australia in determined approach. Business plan In order to start a business in fitness industry in Australia, there are several business options such as health center, Spa business, dietician experts and fitness body center. However, with the increasing ramification of economic changes and peoples inclination towards fitness industry, starting up of Fitness center in Australia is very valuable business decision (Indrawati, N.K., 2014). It is determined after evaluating various internal and external factors that establishment of fitness center in Australia will not only create value of investment and but also create high amount of profit to investors. However, in order to start up a new business in Australia, company needs to evaluate the health industry and existing business organizations (AUDRETSCH, 2014). After evaluating the data from various sources, it is evaluated that more than 40% population in Australia have been suffering from various diseases and illness. Therefore, if Fitness center is established in Australia then it will attract various clients and people in fitness industry. The name of the business is Fast Frame fit city business (Solayman, 2013). Analysis of Australian market and proposed business plan Promoters of Fast frame city center will have to invest at least AUD$ 100 K to start up new business. This cost will be used to install Fast frame city business in Australia. After that, promoters need to adopt cyber computing enterprises resources planning. This ERP system will be used to promote business online. All the required details and information could be collected by promoters by using primary and secondary details (Najmaei Sadeghinejad, 2017). Business model of Fast frame city business It is evaluated that Fast frame city business will be accompanied with several parts and steps in which various functions are performed. It is determined that company needs to install online cyber computing mechanism enterprises resources planning in it business functioning. It is considered that cyber computing mechanism enterprises resources planning will help Fast frame city business to establish effective communication between employee to employee and employees to clients. This innovative business model will establish structured business formation for the effective business functioning. This business model will include the matrix approach in which some of the employees of different department will gather together to deliver the effective services to clients such as internal control department, assessment department and supervision of business. It is observed that in order to establish this new business model of Fast frame city business center, investors and promoters needs to rai se AUD$ 100 K for all the value chain activities. This finance will be used for the following components and activities of business (Desai, et al. 2014). Activities AUD$ Monthly rent and earnest money for taking land and building 100K Leasing machinery 200K Plants and machinery 300K Hiring employee 200K Installation of ERP and cyber computing 100K Marketing and promotion 50K Hiring Experts 50K This level of customized services of Fast frame city business center has been prepared to provide the best possible services to clients in Australian fitness industry. It is evaluated that if Fast frame city business provides customized services to clients in Australia then it will attract more customers towards fitness industry. In addition to this, customization in fitness services in Australia will motivate people to be fit and attractive in determined approach. The business model of Fast frame city center is prepared on the basis of clients perception, values, and choices. This fast Frame city center will have imported machines and fitness plans which will not only increase the peoples experience in fitness activities. In addition to this, experts hired from the foreign will also impart training tips to young people who are ready to take proper level of training and fitness activities in determined approach. Now in the end, it could be inferred that business model of Fast frame c ity business is based on the cyber computing enterprises resources planning and systematic view chain for providing better level of fitness services in Australian fitness industry (Lindskog, 2012). This newly developed business will reflects high amount of profit and increase in overall market share of company in determined approach. References AUDRETSCH, D. B. (2014). Small Business and Entrepreneurship: The Emergence of a Scholarly Field.20 years of Entrepreneurship Research,49. Desai, K., Fisher, I., Witch, E., Vasko, L., Miller, C. Simn, M., (2014). Evolution of a Robust Design Framework for Clinical Development. Indrawati, N.K., (2014). Management by Inspiration: Implementation of Transformational Leadership on Business at Pondok Pesantren*) Sunan Drajat.Procedia-Social and Behavioral Sciences,115, pp.79-90. Lindskog, M. (2012).On systems thinking in logistics management-A critical perspective(Doctoral dissertation, Linkping University Electronic Press). Najmaei, A. Sadeghinejad, Z., (2017). Designing Business Models for Creating and Capturing Shared Value: An Activity-System Perspective.Entrepreneurship: Concepts, Methodologies, Tools, and Applications: Concepts, Methodologies, Tools, and Applications, p.335. Solayman, M. M. (2013). STRATEGIC PERFORMANCE MEASUREMENT GUIDELINES AND FRAMEWORK TO MERGE BALANCED SCORECARDS AND BUSINESS INTELLIGENCE TECHNIQUES.ASIAN JOURNAL OF COMPUTER SCIENCE INFORMATION TECHNOLOGY,3(10).