The Elite Lifestyle Fitness & Health Studio aims to provide affordable gym services and classes. It will offer a range of classes like yoga, spinning, Pilates, barre, bootcamp, Zumba, and TRX, as well as childcare. The startup expenses are estimated at $163,599.50. Revenue will come from membership dues. Classes will be taught by cross-trained instructors. Safety and risk management plans are in place. The grand opening is planned for after completing six steps involving permitting, hiring, scheduling, and setting up equipment and childcare.

1. The Elite Lifestyle
Fitness & Health Studio
“Wherehealthandwellnessmeetaffordability"
Kyra Simmons

2. PROJECT OVERVIEW
The purpose of this project is to build and provide quality gym services that offer a range of classes at
an affordable price. Many competitive gyms that offer low membership monthly dues do not offer very
much outside of the regular weightlifting and cardio machines. Gyms that offer specialized classes are
costing way over $100 a month in membership dues. As times are changing and more people are
becoming considered with their health, they should be able to do fitness activities without breaking
the bank to do so.

3. PROJECT EXECUTIVE SUMMARY
When you think of an “Elite Lifestyle” you think of one that is top tier and has the greatest potential, growth, and reward.
Here at “The Elite” we want to provide top tier health and fitness services at a price that will not cut into your monthly
expenses/savings. Over the next 4 months we plan to be opening our fitness studio that will be home to a barre studio,
spin studio, pilates, bootcamp, yoga and so much more! We know that competing with other gyms it might be a hassle
trying to get our name out there, but we want to give the best bang or our buck. Plus, we will be offering a fulltime
childcare on site while the parents are working to an elite lifestyle. We will target women age of 25-50. We know that is
the age where most women are starting to transition into motherhood and want to get back into shape but do not want
to leave their children behind. One should not have to pick between being a great mom and keeping a healthy physique
while at. We know that keeping our prices at an affordable price will have some challenges, but we plan to have
fundraisers to bring in extra money, as well as keep our staff small, makes for a great personable experience. No task is
too hard when the meaning behind it is to give back and cater to the ones who truly deserve it. Come join us at The Elite!

4. Budget
Start Up Expenses (Equipment}: Quantity Price Total
Stages SC1 Bike (Spin class) 25 $ 1,010.00 $ 25,250.00
Pilates Machines 20 510.00 10,200.00
Yoga Mats 25 17.00 425.00
TRX Kits 20 169.00 3,380.00
Dumbbells (2lb) 40 1.75 70.00
Dumbbells (3lb) 40 2.96 118.40
Dumbbells (5lb) 40 4.34 173.60
Kettlebells (15lbs) 25 25.00 625.00
Jump Ropes 20 8.00 160.00
Mini Exercise balls 25 $7.90 $197.50
$ 40,599.50

5. Utility Expenses Estimated Monthly Cost Estimated Annual Total
Rent 8000 96000
Heat, Electricity, Gas 400 4800
Water 200 2400
Telephone/Wifi 100 1200
Renovation Fees 300 3600
Insurance 1200 14,400
Bookkeeping Software 50 600
$10,250 $ 123,000
Total Expenses : $ 163,599.50

6. Salaries
Our instructors will be cross-trained and able to teach more than
one class. We strive to have each instructor to teach at least 3
classes a week and they will be paid per class.
Sarah Bradley- skilled in teaching Yoga and Bootcamp to our
members: * $40 per class x 3 classes a week / Yoga * $31 per
class x 3 classes a week / Bootcamp
Taylor Hall- second Yoga instructor: * $40 per class x 3 classes
week
Ashley Smith- Teaching Pilates and Barre: * $39 per class x 3
classes a week / Pilates
* $38.50 per class x 3 classes a week / Barre
Torre Davis- Secondary Pilates: * $39 per class x 3 classes a week
Kayla Bell- Spin instructor 1:* $45 per class x 5 classes a week
Samantha Tailey- Spin instructor 2:* $45 per class x 5 classes a
week
Alexis Neil- Zumba and TRX instructor 1:* $35 per class x 3
classes a week / Zumba* $27 per class x 3 classes a week / TRX
Briana Hays- Zumba and TRX instructor 2:* $35 per class x 3
classes a week / Zumba* $27 per class x 3 classes a week / TRX
We will have 4 child-care providers, two will be full time
and two will be part time. Since our studio will be open 6
days a week, we will require each of the childcare staff to
work a Saturday (full time provider will be paired with a
part time provider). We will offer time and half to our
employees who will work on Saturday since we require
them to work 5 days a week. We will require that they all
are licensed since we will accept kids ages 8 months-9
years old. We plan to pay the full time associates $20.67
Monday-Friday and 31.00 on Saturday. Our part times
associates will make $16.10 Monday -Friday and $22.65
on Saturday.
We also plan to have 4 Front desk associates as well as a
General Manger and Assistant Manager. Our schedules
we will have for our Front desk associates are 5-12p, 6-1p
and 1-7p. They will work 32 hours/week making
15.85/hour. Our managers are a set-based salary and will
not have the option for overtime. We want to keep our
employee salary cost as low and competitive as we can so
we can have more money for other place in our budget
for the grand opening year. Our expected salary pay is
averaging out to $419,417.60

7. Fitness Studio Schedule
Time: Monday​ Tuesday​ Wednesday​ Thursday​ Friday​ Saturday​
5:15am-6:45am ​Yoga Yoga Yoga Yoga Yoga
6:00am-7:15am ​Spinning Spinning Spinning Spinning Spinning
7:00am-8:30am ​Pilates ​Pilates ​Pilates ​Pilates ​Pilates ​Yoga
10:30am-12:00pm ​Barre ​Barre ​Barre ​Pilates
11:00am-12:30pm ​Bootcamp ​Bootcamp ​Zumba
12:00pm-1:00pm Circuit Training Circuit Training TRX
2:00pm-2:45pm TRX TRX Zumba TRX TRX
4:00pm-4:45pm Zumba TRX Zumba
5:30pm-6:45pm ​Spinning
​Zumba
​Spinning
​Spinning
​Zumba
​Spinning
​Spinning
Staff:
yoga - 1 bootcamp - 1 kids play room - 3 (1 f/t 2 p/t)
pilates - 1 circuit training - 1 managers - 2
spinning - 2 zumba - 1 front desk - 3
barre - 1 trx - 1 maintenance - 1 or 2

8. Kid's Klub Playroom
We are a family-friendly fitness
studio offering onsite childcare
services to our members.
The Kid's Klub Playroom will be a safe
environment for children to be
supervised while their
parent/guardian is exercising.
Hours: Monday-Friday 5:00am-
7:00pm EST
Saturday 7:00am-1:00pm EST

9. Risk Management Plan:
The Locker Room: One of the most common issues involving locker rooms is insufficient supervision. No matter how great your gym members are, it only takes one bad apple to assault someone or cause some sort of damage or disruption. Make sure a staff member is present or conducts a security check at regular
intervals.
Shower Facilities: Where there is water, there is always the risk of a slip and fall injury, and gym members must assume that risk. If it is exacerbated by the presence of standing water or soap, however, that’s another story. Ensure adequate drainage of all shower areas, including walkways between showers and other
facilities. Have staff keep an eye out for soap spillage or other liquids which might make walkways slippery.
Weights: Injuries caused by weight lifters failing to use a spotter are a major cause for concern. Make sure instructions on proper lifting techniques and warning signs requiring a spotter for certain types of lifts are clearly posted near the free weights.
Machines/Equipment: Have all of your machines inspected regularly for loose or frayed cables and any other damage or impending failures. Make sure your staff is well trained on how to decommission machines that are not in perfect working order so that a gym member does not inadvertently attempt to use it. Make
sure treadmills are strategically placed to reduce the possibility of a gym member stumbling and being thrown into a wall (it’s happened). If you cannot feasibly reposition a treadmill, at least put some padding on the wall behind it. In addition, we will make sure the proper instructions on how to use the equipment will
always be posted and advocate for members to ask for help if they are unsure of how the machines work
Legal Protection: Accidents happen. Unfortunately, in the fitness industry, lawsuits happen as well. And it takes only one small incident to put you out of business. Due to low or no maintenance on the equipment injuries to member which can lead them to suing us. If an incident does occur, hold a staff debriefing session
immediately afterward in order to protect yourself and your business. Allow staff members to share their initial reactions, vent their fears or frustrations, and review the facts. The session typically should be held within 1–4 hours after the conclusion of the critical incident. This meeting is an opportunity to examine and
document the facts, to discuss what staff saw and to ensure you have all the information you need for the incident report: date, time, location, who provided care and any other crucial details. Good documentation of this information will prove critical in the event of litigation. Make sure that all employees are CPR and first-
aid certified and, more important, that they keep these certifications up-to-date. To enforce this, require staff to provide documentation each time they complete a CPR or first-aid course. Ensure that all staff have access to a phone list with relevant numbers for local emergency personnel, medical facilities and staff
supervisors.
Kids PlayRoom: Since we are offering a play-room for the kids we have to make sure that we always have proper precaution in place because kids can always slip away for a split second and be in danger. Having our play-room staff be certified and/or in school for early education ensures that we have the proper staff to
keep up with the active movement of the children. We will keep sharp objects or any chemicals out of their reach to avoid serious injuries that could result in us losing our fitness studio. However, we will make the parents sign a waiver stating that we will try our very best to keep an out on the kids but we are not
responsible for injuries that we spoke to the child prior to stop doing. We understand accidents happen but some accidents can be avoided.

10. Activities
Steps: Actions:
One • Find a location/home for our fitness studio
• Meet with the property owner to schedule a tour of the inside of the building
•Make sure to get the measurements of the location so that blueprint can be drawn to see where each fitness class will be held in the space.
•Property Inspection
•Draft up a blueprint of the entire studio
•Have a second meeting with the property manager to discuss the business that is going to be ran out of the building and to get final pricing.
•Meet up with the financial funders to go over what we expect the pricing to be for the building to make sure we can afford it.
Two •Schedule meetings with the fire department to make sure the building is up to date with detectors and extinguisher.
•Test for the maximum occupancy that can be allowed in the building at one time.
•Set up meetings to obtain all the permits and licensing that is needed to run a fitness studio.
•Start to develop or class schedule print out since we must have certain certificates/licenses to operate some of the machinery.
•Need the proper certification for our classes since we will be performing exercises that someone can seriously injure themselves on.
•Set up meetings with a legal department so that we can begin to draft up disclosures that will be signed so that our company will not be at fault or
liable for any injuries due to misusage of the equipment.
Three •Meet with interior designers to begin the layout of the studio
•Must have 5 rooms; 1 playroom for childcare, 1 spin studio, 1 barre studio with the bares attached to walls, 1 Pilate studio, 1 turf/multi-purpose room.
•Make sure there is an area that will be designated to the lockers/showers/changing room.
•Paint and color of the studio
• Begin to order fitness equipment that will be needed
•Meet with the electricians to have any rewiring done so we do not blow any fuses (not professional when the studio will be open with customers)
•HR/Legal meet with the childcare providers we will be hiring to make sure they have the proper childcare certifications

11. Steps: ​Actions:
Four
• Begin to draft the schedule for the employees that we will we need as well as the salaries we will be paying.
• HR/Legal meet with the childcare providers we will be hiring to make sure they have the proper childcare
certifications
• Membership pricing/promotion will start to be discussed
Membership dues
Membership discounts
Drop-in classes
Membership agreement forms to be drafted
Five​
• Make sure interior design is almost complete so that we can start to move in equipment​
• Bring in new hire employees to get them familiar with our studio/goals/objectives​
• Have our instructors train to make sure we have proper and effective workout material​
• Have second set of inspections: Fire, BGE, Water​
• Have internet/telephone/computers installed so that we can have our members to check in digitally​
• Trial test classes with the employees and their family and friends to test out equipment.​
Six​ Grand Opening​

12. Project Completion Approach
Working with my team members has proven to be ineffective. I had to work with our
prior discussed project work and complete the project and presentation. I tried on
numerous occasions to work with the members of my group and was unable to reach
a resolution.
I would create work for our project and add to our group document and other
members would work separately and complete their own documents therefore I had
to work on my own.

13. Lessons learned
Communication is crucial in order for project to be successful. Team effort is needed.
All members of the team should work together oppose to apart to reach the common
goal. My team members decided to work separately and failed at communicating.
Apply better communication skills and project planning to my future project
management efforts. Excellent planning would have better this project effort as a
team.