10. Register your fitness center
or gym as a Private Limited
Company or Partnership firm
Obtain Tax Registration in the name
of your gym or fitness center
Clearance from local police
department for operating fitness
center or gym
Obtain Service Tax Registration and
SSI Registration to get
Government scheme benefits
12. •Investment Estimate your funds, how much loan you can
take to start your gym
•Cost of Equipments Estimate cost of cardio and strength
equipments, benches, dumbles, rods etc.
•Staff Salary Estimate the amount of staff and their
individual salary
•Cost of Interior Estimate cost of interior according to your
budget
•Marketing cost Estimate cost of pamphlets, hoardings, online
and offline promotion
•Rental Advance
Estimate amount of rent you need to pay for
the space you have occupied for your
business
•Total Investment Estimate your total cost of business by adding
the above estimated amount