In view of that, we have made provisions for the following positions to be occupied by highly qualified and experienced staff; Boxing and Safety Instructors/Assistant (5). These are the services and amenities that will be made available to our clients in our boxing gym facility; Ray Holyfield® Boxing Gym, Inc. is in business to become the leading boxing gym facility cum boxing club in the whole of Chicago – Illinois and we will ensure that we put the right structure in place that will support the kind of growth that we have in mind while setting up the business. Today, there is a huge demand for health and fitness related programs and every day new fitness sites are popping up. Okay, so we have considered all the requirements for starting a boxing gym business. There are 2 drills that I would like to share with you: 2 minutes on, 30 seconds off for 2 rounds each (so 2 rounds for the boxer and 2 rounds for the pad holder). Prior to launching the business, we conducted a thorough market research and feasibility studies and we were able to come to the conclusion that Chicago – Illinois community is the right place to open our boxing gym cum club facility. The target market for our boxing gym facility and boxing club cuts across children and adults from different backgrounds. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry and they will be more committed to help us build the business of our dreams. A huge collection of creative and catchy boxing slogans, taglines, straplines, catchlines, motto’s, signatures and sayings. For a boxing club business which is capital intensive, a business plan has to be in place. See actions taken by the people who manage and post content. One is the fact that we are a new business and the second is the fact that we may not have the financial resources required to match up with existing boxing gym facilities cum boxing clubs, gym and fitness facilities and even government owned sports facilities in Chicago – Illinois when it comes to acquiring latest boxing and fitness equipment and also in generating the needed hypes that can drive traffic towards our boxing gym facility. Dec 19, 2020 - Explore USATRENDINGSPORTS's board "Boxing", followed by 8442 people on Pinterest. At Ray Holyfield® Boxing Gym, Inc., our marketing strategies will be consistent throughout the marketing mix and we will take into consideration product improvement, promotion and price. She also highlights the business opportunities for boxing to appeal to women: “Long gone are the days when boxing training was seen as just for men, it is now recognised as great for both men and women.”. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of ten years or more. However, patrons of boxing gym facilities are anticipated to increasingly pick up membership from less expensive facilities as against expensive all – inclusive clubs. Deliver consistent customer experience to all our members; making first impressions count positively to those making use of our boxing gym facility for the first time, Make use of attractive hand bills to create awareness and also to give direction to our boxing gym facility, Adopt direct mailing coupon marketing approach, Position our signage/flexi banners at strategic places in and around Chicago – Illinois, Create a loyalty plan that will enable us reward our consistent members especially those that registered as family or groups, Engage in roadshows within our neighborhood to create awareness for our boxing gym facility and boxing club, Place adverts on both print (community based newspapers and magazines) and electronic media platforms, Sponsor relevant community based sport events and competitions, Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our brand, Install our billboards in strategic locations all around Chicago – Illinois, Engage in roadshows from time to time in targeted neighborhoods, Distribute our fliers and handbills in target areas, Contact Families, corporate organizations, boxing clubs and schools by calling them up and informing them of Ray Holyfield® Boxing Gym, Inc. and the services we offer, List Ray Holyfield® Boxing Gym, Inc. on local directories/yellow pages. These are the category of people that we intend marketing our boxing gym and club to; The boxing gym and club industry is indeed a prolific and highly competitive industry. The new brand is ultra-modern, sleek, accessible”. If YES, here’s a complete sample boxing gym business plan template & feasibility report you can use for FREE to raise money. This is because the statistics that will be provided will be on a short – term basis. The baking business is another great idea for a business as a beginner. The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. 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. We will be involved in spotting and grooming potential boxers to become Olympic gold medalists and world heavy weight champs. The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Boxing isn’t just two people knocking seven shades out of each other, it requires agility, stamina, and strength, making it a great all over body workout. Following is the list of gym names for female This typically goes beyond licenses and permits because of the fitness nature of the facility. A Creative name gives more attention and Attraction to your Business. Gavin Bannister, buyer at Sportsshoes.com, says that “customers are much more aware than ever before of the fitness benefits of combat training”, and events like White Collar Boxing – where men and women from white collar professions train for amateur, ticketed boxing bouts – “have really stirred up interest on a local level in the sport”. Gym; Chuze Fitness; Blink Fitness; Forma Gym; Boom Fitness; Catalyst Fitness; Female Gym Names. We want to contribute our quota towards ensuring that Chicago – Illinois community produces some of the best boxers in the whole of the United States of America. A name of your gym or a program can play a major role in the success or failure of your business. 2 people like this. Boxx allows you to have boxing workouts streamed directly to any internet-enabled device on flexible plans. Ray Holyfield® Boxing Gym, Inc. is in business to provide boxing gym facility and boxing club for residents of Chicago – Illinois and also help our clients achieve their fitness cum fun – filled activities and at the same time to make profits. One of the largest impediments to growth and profitability for the industry was the perceived risk of injury while participating in boxing training especially for amateurs. Generate. After 2017 saw alternative fitness listed amongst the hottest business ideas, could you come out fighting in 2018 with a boxing-based business? Business plan is yet another very important business document that you should not take for granted while launching your own boxing gym business. Sustainability and Expansion Strategy, gym facilities including those who are into franchising, aim of maximizing profits in the boxing gym, cost for leasing facility for the boxing gym, Purchase of the needed boxing and fitness gym and fitness equipment. Here are some cool and catchy health and wellness business name ideas: Lloyd Athletic Club; The Green Microgym-Belmont; Seattle Boxing Gym; Retro Fitness; Rival Fitness; Strength Camp; The Fitness Connection; Fit! Ray Holyfield® Boxing Gym, Inc. will at all times demonstrate her commitment to sustainability, both individually and as a business, by actively participating in our communities and integrating sustainable business practices wherever possible. Things like snacks are always in high demand at little and great parties, which makes this business idea for beginners very lucrative. The prices of our services will be the same as what is obtainable in the United States’ open market. As part of our sales and marketing strategies, we will pay attention to the promotion of our boxing gym and club facility so as to attract families, individuals and boxing clubs to enroll and become members of our boxing gym facility. Fight promoters are boxing business pros who arrange fights. Some will serve as boxing coaches, expert trainers, receptionist at the receiving area. You could open a fully-fledged gym complete with punching bags, exercise benches and mattresses, classes, showers, and changing rooms. Finance is a very important factor when it comes to starting a business such as boxing gym and boxing club business. Anna Samuels, co-founder of online boxing workout provider Boxx agrees that the boxing fitness boom is set to continue in 2018, simply “because people love it”. This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. These are the key areas where we will spend our start-up capital; We would need an estimate of $750,000 to successfully launch a standard and well – equipped boxing gym facility in Chicago – Illinois. A Sample Boxing Gym Business Plan Template 1. Sign up for a. She holds a Bachelor of Arts degree in English and Literature. James Reedman, owner of Inspire Fitness Centre, says boxing has changed its image in the public consciousness: “It is fighting its way out of the darkness as a somewhat underground barbaric sport to now be trendy and acceptable in modern society. 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