how to start your own gym or fitness center in india

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How to start your own Gym or Fitness Center In INDIA

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Post on 11-Apr-2017

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How to start your own

Gym or Fitness Center In INDIA

Step1 “Choose your Gym or Fitness Center format”

OPTION 1

GYM WITH

WEIGHTLIFTING

&

CARDIO

EQUIPMENTS

OPTION 2

FITNESS STUDIO

FOR CLASSES

LIKE ZUMBA,

AEROBICS,

PILATES, YOGA,

MARTIAL ARTS

OR OTHERS

Step2

“Analyze different business factors before starting your

venture”

Space Requirement

Suitable location with

parking facilities

Neighborhood with target audience

Competition , scan nearby

fitness centers

Qualified staff and fitness

professionals

Premises utilities like power and

water

Step3

“Fitness center registration and other

legal formalities”

Register your fitness center

or gym as a Private Limited Company or Partnership firm

Obtain Tax Registration in the name of your gym or fitness center

Clearance from local police department for operating fitness

center or gym

Obtain Service Tax Registration and

SSI Registration to get Government scheme benefits

Step4

“Layout your business Plan”

•Investment Estimate your funds, how much loan you can

take to start your gym

•Cost of Equipments Estimate cost of cardio and strength

equipments, benches, dumbles, rods etc.

•Staff Salary Estimate the amount of staff and their

individual salary

•Cost of Interior Estimate cost of interior according to your

budget

•Marketing cost Estimate cost of pamphlets, hoardings, online

and offline promotion

•Rental Advance Estimate amount of rent you need to pay for

the space you have occupied for your

business

•Total Investment Estimate your total cost of business by adding

the above estimated amount

Step5

“What are you waiting for? Go and start your own Fitness center ”