Revenue & Cost Items
As our business is a combination of a gym and child care centre there are many items that will contribute to our expected revenue. It is expected that the sale of gym memberships will be the steadiest form of income as once all of the equipment is bought it will just need to be maintained. Childcare will also produce steady revenue however the profit margin will not be very high as there will need to be licenses and insurances in place to ensure that the centre meets government set standards. The following are services that will provide us with revenue:
· Gym Memberships
· Childcare/ Crèche
· Personal Training
· Casual Gym passes
· Word of mouth/devoted employees-commission
Fixed and Overhead Costs Like most businesses our fixed overhead costs will include:
· Staff salaries – the majority of our staff will need to be skilled workers
· Rent of the premises
· Electricity – Lights/Gym equipment
· Water – Showers/Toilets etc.
· Insurances
· Rates
· Advertising
· Toys for crèche/colouring books/stationary
· Beverages to sell for gym customers
· Lockers & Keys
· Membership Cards
· New membership gift packs (Water bottle etc.)
· Group Fitness Equipment (Yoga mats, gym balls, step blocks, skipping ropes, weights etc.)
· Stereo
· Things to sell at the front counter E.G Towels, Headphones
· Cleaning Items
· Bibs/Emergency change of clothing for children
· Spare nappies
· Security
· General maintenance
· Gym Memberships
· Childcare/ Crèche
· Personal Training
· Casual Gym passes
· Word of mouth/devoted employees-commission
Fixed and Overhead Costs Like most businesses our fixed overhead costs will include:
· Staff salaries – the majority of our staff will need to be skilled workers
· Rent of the premises
· Electricity – Lights/Gym equipment
· Water – Showers/Toilets etc.
· Insurances
· Rates
· Advertising
· Toys for crèche/colouring books/stationary
· Beverages to sell for gym customers
· Lockers & Keys
· Membership Cards
· New membership gift packs (Water bottle etc.)
· Group Fitness Equipment (Yoga mats, gym balls, step blocks, skipping ropes, weights etc.)
· Stereo
· Things to sell at the front counter E.G Towels, Headphones
· Cleaning Items
· Bibs/Emergency change of clothing for children
· Spare nappies
· Security
· General maintenance