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Philip Mathias

May 03, 2023

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Page 2: Philip Mathias

With the rise in the local economy and increasing pollution levels, it is becoming essential to find a possible alternative to make easy and fast money at the low risk.

Building a hall and storing all types of gym machines that are put on use by all customers, all customers will pay K10.00 everyday from 10am to 5pm for using the service. This service is a unique service in this Highlands Region of PNG where there is no competitors at all.

The aim of this venture proposal was to create a business using local design gym health and fitness.

This slides presents the designs including the Market Opportunity & Target Group SWOT Analysis, market strategy , Competitive Advantage and Risks for my IDEA , Manufacturing / service and finally the conclusion, report of each slide which includes their own questions with answers.

A description of the design and an analysis of operational efficiency for each slide are well structured followed by the comparison of their respective slides. Finally, the most important slide is the efficient design of the services oriented.

Page 3: Philip Mathias

http://www.buzzle.com/articles/business gym equipment.html

Page 4: Philip Mathias

Gym machines are basically used for a complete workout and it is suitable for people of all ages irrespective of the age (except children). The machines just stimulate the action of rowing on land.

Since this services oriented is very unique in the local market, it is a market opportunity for this business to earn large sums of income with no competitive in the market.

Page 5: Philip Mathias

Since my innovation is a service oriented, it requires a very well design plan to achieve a particular long-term aim. Step follows;

Ask investorsAsk more number of people if they are ready to use my service.

Plan either negative nor positive side of the services oriented and try to overcome them effectively.

Provide advertisements on all medias and made the service known very well to the public at large.

Page 6: Philip Mathias

Since there is no competitive, my service may success in the market.

There will be much more risk in the market, people all around may really like my service, most of the risks may come during the initial starting of my project, deciding a suitable place or constructing of the building, it will require a number of direct and indirect labors, this may also include raw materials and many more which are very expensive that may sometime in return wont meet all the relevant requirements.

Page 7: Philip Mathias

Strengths: strong market position very well known service maintains health, fitness & physically fit

no competitors, unique service. more flexible in everyday life. Less local government – less tax revenue.

Weakness: loss of other appointments when addicted Lack of roads and infrastructure.

Costs more to set up buildings or halls

for gym purposes. too much people may want to be membership which will be crowded.

Page 8: Philip Mathias

Opportunities: make easy money with less cost proper training for all sports.

ƒ Promote good health for adults

promote hidden strengths/skills for all individuals.

Threats: Housing costs rise plus other bills. customers can be injured due to heavy

weight lifting or accidental faults due to

heavy irons

body harm due to regular taking part in the.

gym

Page 9: Philip Mathias

Gym exercise can help prevent excess weight gain or help maintain weight loss.

prevent heart disease, prevent high blood pressure.

Exercise improves moodRegular gym exercise can deliver oxygen and nutrients to your tissues and help your cardiovascular system work more efficiently.

Exercise regularly is a great way to feel better, gain health benefits and have fun

Regular physical exercise can leave you feeling energized and looking better, which may have a positive effect on your sex life.

Page 10: Philip Mathias

Here I may prepare my worksheet regarding the finance circulating in my business account, i may use this to set up my basic business budget. Depending on my particular type of business, i may have to include different types of income or expenses but my worksheet should give me the general idea of the types of items i should include in my business budget. Print it out for my convenience! Then scroll down to the bottom and tell you my most difficult business budgeting problem during the recession.

Page 11: Philip Mathias

Thus, to sum up, my business report should be an A.R.T.B.P (aim, rationality, time-frame, backup plan and protocol), so that it becomes a success.

The venture proposal will bring a substantial revenue if all machines in the gym are used properly off at a care in 2 to 3 years time frame. The business will be a highly big commercial success as it is not just situated in the city but, once the customer decides to facility their usual payments from using the service. As from my own judgments, this venture proposal or services oriented is a very unique one with no competitor therefore, the business may success with more income.