Business Concept and Description of the Case

Description of the Case The management is planning to establish a health club. Health club is widely accepted in the culture nowadays where health is wealth.  There is a great scope in the establishment of health club business. According to census bureau statistics there are around 21,283 business through US. For the increase in chances of the health club survival management must come up with the helpful and proper plan. The business plan includes developing a fitness center where most of the people will be able to fulfill their fitness regime. We are going to establish a new business that will be located in the good and proper business area North Greenwich, London. The business might not be so well at the beginning of the months but after the health club takes a proper place in the society it will be fruitful for the both people and the management team. The business will be a sole proprietor ship firm owned by the single person. But major works will be done with mutual agreement...

Structure of the Report

The structure of the report should be clear and be well structured. The structure should include all necessary points to be included for the proper formulation of plans and ideas.  The structure of the report includes different chapters that are listed down: Chapter one: understanding about the topic In this first chapter the brief study about the structure, background, reason of the study regarding the project are doe. This will provide a proper knowledge to the readers about the field of study. The concept of the business will also be cleared in the first chapter. This chapter will provide the brief description of the topic including the proper guidance for the people how to establish a business plan for the health club and how to make it a habit in itself to visit the health club. Chapter two: business description All the necessary plans and ideas are discussed in the chapter. Important ways to avoid failure for the company, strategies that could be followed also included...

Rationale for the Study,Aims and Objectives

Since many people are inclined towards the fitness sector in this modern world it would be a good idea to study about the health clubs. Many people are getting health conscious. The lifestyle back in the years was different as compared to now. There was a lot of involvement in physical work rather than the mental one. Today that scenario has changed and people are involved more in mental work. Most difficult task can be completed by the simple machines which out any use of physical energy. So shed out the extra weight and to keep a healthy body more people are attracted towards joining the gym or health clubs. The study will helps us to get the inside story of the health clubs. It will also give us the idea of how much people are interested in joining the clubs, what they like most about the clubs and the reasons why clubs are lacking behind. This will help the management and people regarding the health equipment and training that are used in the clubs. Studies showed only 40% of...

Background of the Study

In the ancient times, there were only few people who were interested in the physical activities. Either they were solders, young people or the gladiators. With the idea of removing those boundaries and opening the opportunities for the people formal ways we evolved. In 19th century health club concept hadn’t even developed, only schools and colleges would include gymnasium in their curriculum as their physical exercise. Many gymnastics club were formed during 19th century like turners, German-American.in 1930’s there concept of the boxing gym was developed evolving from gymnastic club. In 1960’s and 1970’s gym chains were a trend in itself. Bodybuilding was gradually being accepted in the society. Following 1980’s was the trend of new kind of gyms know as corporate gyms. This kind of gyms were established with in the office premises so as to make the employees healthier and disease free. After that in 1990’s there was the mass popularization of the gym and health clubs and till this...

Business information communicating methods

Issues of business information In any business organization there is certain law that should be followed when using business information. In many organizations it is found that useful information is misused. Generally it is found that people use the information for personal benefit. It is also found that many organization extract information from another rival organization for their benefits. There are different rules and regulations made for the protection of useful information and data of organization. Business information is very crucial to any organization and to protect such information and data laws are made. People working in the organization have to follow different terms and policy to protect the information from misuse. Those policies exist due to existence of misuse of information. Three of the main act that exists in favor of business information protection is data protection act, freedom of information act and computer misuse act.           ...

Presenting business information

Corporate communication Business information is one of important part in the organization.  Business information has an important role in making strategy and taking decision of the organization. Corporate communication is regarded as one of the important tool of organization that helps to manage both internal and external communication. Organization has to attain different kind of goal. To meet the goal organization should be able to manage both internal and external communication. The external communication mainly includes communication with the people outside the organization. Corporate communication usually have four form, they are internal communication, media communication, crisis communication, customer communication and media communication. The internal communication includes communication passed between employee and stakeholders of the organization. In business organization it is very important to communicate with employee and stakeholders. Communication helps to make...

Internal business communication

Information received from internal source is internal business communication. Different types of methods are available for the circulation of the information within the organization. Some of the common ways of accessing the information internally are: 1)      Multimedia-communication: Multi-media communications have different types of advantages in accessing to the information internally. These types of information are commonly used for communication in the organization these days. This type of communication includes different types in text, graphs, pictures, videos and animation. The combination of all the forms makes it easy for anyone to understand the information very easily. 2)      Web-based communication: it is one of the latest and popular methods of communication. It is widely practiced in the organization today. Today the organizations are going global. With the help of web one employee of a country can connect to the...

Types, source and purpose of business information

Much information are received and provided in the organization. All the information that is circulated in the organization to perform different kind of activities is known as business information. Business information is crucial for any organization. It is one of the most important components of the organization. Business information is important for making strategies for organization. There are different types of methods for receiving and giving the information. Some of the methods of passing business information are: 1)      Written communication: all the information is passed in the written form. It is one of the most relied ways of communicating in the organization. Written communication is one of the oldest methods of communication. Written communication includes all the written form of circulating useful information. It regarded as one of the most method of communicating the business information because it is easy to understand. 2)      Verbal...