As for the detailed cost analysis for starting a boxing gym facility; it might differ in other countries due to the value of their money. The business side of boxing depended entirely on betting. Check best Fitness Boot Camp Names Ideas Hopefully they’ll do the same for you. in Physical and Health Education, with Olympic medals and belts to show for it. The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Gym & Fitness Business Name Ideas . 1. Usually, promoters start small, arranging local fights for local champions, and then upgrade. We will be involved in spotting and grooming potential boxers to become Olympic gold medalists and world heavy weight champs. We are aware that there are competitions in the boxing gym and club industry which is why we took out time to conduct an effective SWOT Analysis before investing our hard – earned money into the business. Health and wellness business name ideas. Owning a Boxing Gym. A recent report released by IBISWorld shows that the Boxing Gym and Club industry has been stagnant over the five years through 2012-17. Joy Nwokoro is a Freelance Business Journalist, researcher, translator and sales trainer who have worked with numerous clients amongst which is Women in World Banking, a business research NGO in New York, United States of America. Sign up for a. One of our major goals of starting Ray Holyfield® Boxing Gym, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. If you see a business card design that you want to use, simply click on that image. The Gym, Health and Fitness Club industry of which boxing gym line of business is subset of is indeed a very large industry and pretty much thriving in all parts of the world especially in countries such as Cuba, Russia, Bulgaria, United States of America, Romania, United Kingdom, Germany, Australia and France et al. You need to hire trainers and staff personnel to assist you in your gym operation. Gym; Chuze Fitness; Blink Fitness; Forma Gym; Boom Fitness; Catalyst Fitness; Female Gym Names. After a year of high-profile boxing matches such as Anthony Joshua versus Wladimir Klitschko and Floyd Mayweather Jr. versus Conor McGregor, the Millenia old sport is seeing a resurgence in popularity. if required, Ensures that toiletries and supplies don’t run out of stock, Handles any other duty as assigned by the boxing gym facility center manager, Households and families who love boxing in an around Chicago – Illinois, Professionals boxers looking for a boxing gym to train regularly, Open our boxing gym facility with a big party for people that reside in and around Chicago – Illinois, Advertise Ray Holyfield® Boxing Gym, Inc. on national dailies, local TV and radio stations, Promote our boxing gym facility online via our official website and all available social media platforms, Introduce our boxing gym facility by sending introductory letters alongside our brochure to boxing clubs, schools, corporate organizations, households and key stake holders in Chicago – Illinois. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Ray Holyfield® Boxing Gym, Inc.; One of the apparent strengths that will definitely stand as a plus for Ray Holyfield® Boxing Gym, Inc. is the fact that our boxing gym facility is centrally located in a densely populated – residential area in Chicago – Illinois; our location is in fact one of our major strength. These slogans can motivate the boxers to try their best and enhance their power and passion. Both videos and notes are extremely helpful and Tommy always makes sure to put some fun in to the sessions. When your business stands for strength, energy, and masculine power, you need the toughest boxing company names available on the Internet today. However, I wrote that list way back in 2011. Ray Holyfield® Boxing Gym, Inc. employed the services of an expert HR and Business Analyst with bias in the boxing gym and club industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives. Below are the sales projection for Ray Holyfield® Boxing Gym, Inc., it is based on the location of our boxing gym facility and the services and products that we will be offering to our clients (members); N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major competitor offering same services as we do within 4.5 miles’ radius from our boxing gym facility and boxing club. See actions taken by the people who manage and post content. The boxing gym and club industry is part of the industry that has benefited from recent marketing campaigns which is targeted towards encouraging people (children inclusive) to participate in recreation activities and sports, as well as consumer trends toward healthy living. How to get creative beyond the usual fitness business name ideas; The little-known naming frameworks that big marketing agencies use; How to make progress if you’re still not 100% sure on a name; Plus there’s a free cheat sheet, complete with 50 creative fitness brand and gym name ideas to inspire you. We will ensure that we hire people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders (the owners, workforce, and customers). Baking business. When it comes to setting up any business, the amount or cost will depend on the approach and scale you want to undertake. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups boxing gym and boxing club facility businesses in the United States) in the industry. Boxing business opportunities A boxing business could range from a weekly class in a public space, to a small-scale boxing gym, or a fully-kitted out professional operation, meaning you could capitalise on the burgeoning trend no matter what your budget. The health & fitness industry encompasses a wide range of businesses, from online retail shops to mobile therapeutic services. Joshua recently put his name behind what claims to be the “world’s first high-end boxing gym” in Marylebone. Mr. Ray Holyfield is a retired professional boxer who has robust experience in the boxing gym and club industry and he has a B.Ed. We are in this line of business to make profit, and we will ensure that we do all that is allowed by the law of the United States of America to achieve our business goals and objectives. The fear of injury has exacerbated this trend, with consumers fearing time off work or study to recover. If all of these factors are missing from a business (company), then it won’t be too long before the business closes shop. The targets or goals set for the business and also include the payroll and expected profitability. We are going to carry out services such as providing private boxing classes, providing group boxing classes, other related martial arts training services, boxing and sports merchandise and apparel and other related indoor gym facility operations. A Boxing Club Business Plan. A number of organisation have started to think outside the ring and combine boxing with other fitness trends to create novel and exciting activities that test your body in new and challenging ways. Helps to increase sales and growth for Ray Holyfield® Boxing Gym, Inc. Ultimate List Of Good Domain Names For Catchy Fitness And Gym Businesses. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. BXR London has already attracted a number of major celebrity names including Victoria’s Secret models and Ellie Goulding. This website has been of great help for me, having to come up with creative and unique boxing workout ideas is an arduous task and I’m very glad I found the boxing workout ideas website. This article was filed under the industry: Advertising & Marketing .Click here to read related business ideas in this industry category. It is important to state that the testing and evaluating expenses would be high because of the large amount of equipment needed to start up a boxing gym facility and also the sophistication of the technology used in modern day boxing trainings. We equally have a team of highly qualified professionals who will work with all our clients to achieve their aims of making use of our boxing gym facility and lastly our gate fee cum membership package is going to be one of the best that anybody living in Chicago – Illinois can get; it is cheap and affordable. We have been able to secure a standard indoor facility in a central and easy to locate location in Chicago – Illinois. Piloxing (pilates with boxing), Boxerina (boxing and barre), Box and Bell (boxing and kettle bells), and Box Fit (boxing and aerobics) are just some of the mash ups now available as classes. Henry has been writing for Startups.co.uk since 2015, covering everything from business finance and web builders to tax and red tape. So let’s proceed to the business planning section. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. By browsing our site you agree to our use of cookies. 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