Age is No Bar for Fitness

Today, the gym and fitness industry is flourishing in the country with many national and international players mushrooming in the segment. To some extent, the credit for this boom goes to the Bollywood actors and divas, who flaunt their well-groomed bodies and muscles on screen and inspire many youngsters. However, there are various other major factors behind the popularity of fitness gyms in the country.

These days, an increasing number of individuals are going to gyms so as to counter the side-effects of their hectic urban lifestyles. It is necessary too. In fact, exercise increases the cardiovascular fitness and boosts overall health. Also, regular workouts help in reducing stress, anxiety and depression and other diseases affecting health.

Earlier, spending on fitness and taking gym membership was seen as a luxury, but now it has become a part of people's lifestyle. Growing urbanization, rising middle class, and increasing disposable incomes are boosting the need for gyms. Further, since the young working-age population with adequate disposable income in hand is leading a sedentary lifestyle, thereby, attracting various diseases, the demand for gyms is only expected to move northwards.

Living in a post-pandemic world, people are starting to prioritize their fitness like never before. This is combined with the fact there are always going to be people who want to eat better, look better, feel better, and be better. So, in no time at all, such small business could result in a ton of profit. 

A Project Report is not only essential for obtaining financial assistance from Bank/ Financial Institution/Funding Agency but also the most important document either to participate in the development schemes of MSME Sector/ Department of Industries or in completing various time consuming government formalities connected with planning and commercial operation of the proposed business project.

This Detail Project Report (DPR)/ Business Plan has been developed in a well-structured PDF Format to be presented as a Ready Project Proposal immediately thereby saving precious time of the promoter in the process of completing requisite formalities in anticipation of setting up the business project. Accordingly, following Project Templates has been deliberately left blank in order to facilitate customisation by the perspective entrepreneurs based on personal requirements and furnish necessary information on actual basis.

§ Project at a Glance                                     :             To be Filled Up as per Personal Requirements.

[Total Capital Expenditure, Working Capital, Estimated Cost of the Project, Amount of Bank Loan, Amount of Equity Capital and Amount of applicable Margin Money Subsidy – (Urban/Rural /General Category/ Special Category)].

§ General Information and Location          :             To be Furnished in the Blank Space.

[Name of the Unit/Firm, Address of the Proposed Project Location, Size of the Space Available and Occupancy under Ownership/Lease Agreement].

§ Promoter’s Background                            :             To be Furnished in the Blank Space.

[Name of the Promoter, Age, Communication Address, Educational Qualification, Work Experience and Special Training Attended, if Any].

This Project Report/ Business Plan covers all the important aspects of the Project containing Highlights of the Project, Introduction, Market Analysis, Operational Aspects and Financial Aspects. The presentation also supplements with important facts and useful information covering the areas as indicated below;

LIST OF ANNEXURES

1.     Statutory Permits and Business Licenses required for the Project

2.     Smart Tips to Identify Suitable Project Location

3.     Beginner’s Guide to Start the Project

4.     Critical Success Factors in MSE Business and

5.     Marketing Strategy and Promotional Ideas to Boost the Sale of the Business.

LIST OF ENCLOSURES

ENCLOSURE-1: E-BOOK ON SCHEMES FOR MSMEs, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-2: SALIENT FEATURES OF MUDRA LOAN SCHEME, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-3: FAQ ON MUDRA LOAN SCHEME.

ENCLOSURE-4: BRIEF ABOUT PSB LOANS IN 59 MINUTES SCHEME.

ENCLOSURE-5: FAQ ON PSB LOANS IN 59 MINUTES SCHEME.

Thus the information provided would help in identifying in advance the infrastructure/resources required for the Project and approach the concerned government agencies accordingly. Hence, it becomes a complete document for further action towards realising the dream of becoming an entrepreneur.