how to start your own gym or fitness center in india
TRANSCRIPT
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
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
•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