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Sports Nutrition Business Plan [Sample Template]

Sports Nutrition Business

Do you want to start a sports nutrition company? If YES, here is a detailed sample sports nutrition business plan template & FREE feasibility report.

The fact that sports men and women want to continue to stay in shape and become peak performers means that they will do whatever it takes to achieve that goal including eating right and that is where a sports nutrition consultant business comes in.

Sports Nutrition consultants are knowledgeable when it comes to the type, as well as the quantity of fluids and food to be taken by an athlete.

Note that you are expected to pass the exams given by the American Academy of Nutrition Consultants before you can become a certified nutritionist.

If you want to partake in this thriving industry, you would need to obtain all the necessary licenses and certifications. Although there are competitions at various levels in the industry, but if you are able to come up with a good business strategy, you are sure of getting your own fair share of the available market.

So, if you have decided to start a sports nutrition consulting business in the united states, then you should make sure that you carry out thorough feasibility studies and market survey. Below is a sample sports nutrition consulting business plan template that will help you write yours without much stress.

A Sample Sports Nutrition Consulting Business Plan Template

1. Industry Overview

Sports nutrition consulting is the study of nutrition and dieting with regards to improving athletic performance. Nutrition is an important part of many sports training regimens, being popular in strength sports (such as weightlifting and bodybuilding) and endurance sports (e.g. cycling, running, swimming, rowing).

Sports nutrition consulting firm is a niche idea in the Nutritionists & Dietitians industry and players in this industry also includes health practitioners who have a bachelor’s degree, licensure, certification or registration in, and primarily advise on, matters of diet and nutrition and their effects on health.

These practitioners operate private or group practices in their own offices or in the facilities of others, including hospitals or other medical centers.

A close study of the Nutritionists & Dietitians industry shows that the industry is truly thriving in the United States as a result of loads of Americans facing a critical obesity problem over the past decade, with skyrocketing levels of diabetes, heart disease and other chronic diseases. As a result, demand for Nutritionists has increased and is expected to continue to rise significantly.

Wellness, maintenance and disease prevention have become some of the buzzwords circulating among people who are becoming increasingly concerned about what they eat and how it affects their health.

The industry has a positive outlook due to increasing emphasis on disease prevention through improved dietary habits. Growing focus on preventive care services and public interest in nutrition will also underpin demand.

A recent report published by IBISWORLD shows that the four regions that encompass the greatest percentages of health and wellness centers include the Southeast (22.6 percent of establishments), the Mid-Atlantic (18.7 percent), the West (16.2 percent), and the Great Lakes (15.3 percent) regions of the United States.

Together these four regions account for 72.9 percent of total establishments. The report also shows that other regions including the Southwest and Rocky Mountains account for an estimated 9.0 percent and 3.8 percent, respectively.

Geographic analysis by state indicates that wellness centers are primarily located in California (11.0 percent of establishments), New York (7.1 percent), Texas (5.9 percent), and Florida (5.5 percent). However, the Southeast accounts for the largest region due to its high senior population. The distribution and location of establishments is strongly correlated to population spread.

The Nutritionists & Dietitians industry is a thriving sector of the economy of the United States of America and they generate over $10 billion annually from more than 147,506 registered and licensed nutrition consulting firms (including sports nutrition consultants).

The industry is responsible for the employment of over 195,499 people. Experts project the industry to grow at a 2.3 percent annual rate. It is important to state that there is no single organization that has a lion share of the available market in the industry.

It can’t be over emphasized that the demand for the services offered by nutritionists and dietitians grows when public confidence declines and people’s ability to handle the issues on their own wanes. When the housing bubble burst and the US economy fell into a recession, consumer confidence plummeted.

However, as the economy slowly continues to recover and consumer confidence returns, demand for the services of nutritionists and dietitians is expected to grow. High-income households will serve as the primary vehicle of growth for the industry.

Lastly, as a sports nutritionist, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific area to be handled, and constant positivity. You are also expected to be highly proactive.

It is one thing to have a skill and another thing to know how to counsel people into eating right and living healthy which is why you must constantly get feedbacks from your clients to be able to measure their progress and your performance.

2. Executive Summary

Felix Santos® Sports Nutrition Consulting Firm, LLP is a licensed sports nutrition consulting firm that is specialized in helping her clients (athletes) when it comes to the type, as well as the quantity of fluids and food taken.

The scope of our business offerings covers areas such as nutrition counseling, planning food programs, planning nutrition programs, promoting healthy eating habits, consumption of nutrients such as vitamins, minerals, supplements and organic substances that include carbohydrates, proteins and fats et al. Our business will be located in a well-populated residential estate in Los Angeles – California, United States of America.

Felix Santos® Sports Nutrition Consulting Firm, LLP is a client-focused and result driven sports nutrition consulting firm that provides broad – based sports nutrition consulting service at an affordable fee that won’t in any way put a hole in the pocket of our clients.  We will ensure that we work hard to meet and surpass all our clients’ expectations as it relates to their career and personal goals whenever they hire our services.

At Felix Santos® Sports Nutrition Consulting Firm, LLP, our clients’ overall best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire professional and certified sports nutritionists with various skills set who are passionate in helping our clients achieve their personal goals within record time.

Felix Santos® Sports Nutrition Consulting Firm, LLP will at all times demonstrates her commitment to sustainability, both individually and as a nutrition consulting firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our clients’ needs precisely and completely.

Our overall business goal is to position our nutrition consulting firm to become the leading sports nutrition consulting brand in the industry in the whole of Los Angeles – California, United States of America, and also to be amongst the top 3 sports nutrition consulting firms in the United States of America within the first 5 years of operation.

This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies. Felix Santos® Sports Nutrition Consulting Firm, LLP is founded by Dr. Felix Santos and he will run the business with his business partner, Dr. Anthony Wilder.

Dr. Santos is a certified and renowned sports nutritionist and Dr. Anthony Wilder a certified and licensed dietitian. They both have a combined experience of over 20 years working with top government officials, corporate executives, celebrities and sports people both in the United States of America and Canada.

3. Our Products and Services

Felix Santos® Sports Nutrition Consulting Firm, LLP is going to offer varieties of services within the scope of the nutritionists and dietitians’ industry in the United States of America.

Our intention of starting our sports nutrition consulting business is to help our clients stay fit, achieve peak performance and improve their overall wellbeing and productivity, and of course to also make profits and we will do all that is permitted by the law in the US to achieve our business goal. Our service offerings are listed below;

  • Sports nutrition counseling
  • Planning food programs for athletes
  • Planning nutrition programs for athletes
  • Promoting healthy eating habits for athletes
  • Performing nutrition screenings for athletes
  • Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials.

4. Our Mission and Vision Statement

  • Our vision is to build a highly competitive and effective sports nutrition consulting business that will become the number one choice for athletes in Los Angeles – California and the whole of the United States of America.
  • Our mission is to provide affordable, professional and highly effective sports nutrition consulting service to a wide range of clients.
  • We want to position Felix Santos® Sports Nutrition Consulting Firm, LLP to become one of the leading sports nutrition consulting brands in the industry in the whole of Los Angeles – California, and also to be amongst the top 3 sports nutrition consulting firms in the United States of America within the first 5 years of operation.

Our Business Structure

Felix Santos® Sports Nutrition Consulting Firm, LLP, is a sports nutrition consulting firm that intends starting small in Los Angeles – California, but hopes to grow big in order to compete favorably with leading firms in the nutritionists and dietitians industry.

We are aware of the importance of building a solid business structure that can support the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operations.

At Felix Santos® Sports Nutrition Consulting Firm, LLP, we will ensure that we hire people that are qualified, hardworking, creative, passionate, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff/partners and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

  • Principal Partner/Chief Executive Officer
  • Sports Nutritionist and Dietitian
  • Office Administrator
  • Accountant
  • Marketing Executives
  • Client Service Executive

5. Job Roles and Responsibilities

Principal Partner/Chief Executive Officer:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results;
  • Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

Sports Nutritionist and Dietitians

  • Planning food programs for athletes
  • Planning nutrition programs for athletes
  • Promoting healthy eating habits for athletes
  • Performing nutrition screenings for athletes
  • Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials
  • Develop meal plans, taking both cost and clients’ preferences into account
  • Evaluate the effects of meal plans and change the plans as needed
  • Keep up with the latest sport’s nutritional science research
  • Write reports to document patient progress

Office Administrator

  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Regularly hold meetings with key stakeholders to review the effectiveness of the organizations’ Policies, Procedures and Processes
  • Maintains office supplies by checking stocks, placing and expediting orders; evaluating new products.
  • Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for arranging travel, meetings and appointments
  • Oversees the smooth running of the daily activities for the organization.

Marketing Executive

  • Identify, prioritize, and reach out to new clients, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts
  • Writing winning proposal documents, negotiate fees and rates in line with organizations’ policy
  • Responsible for handling business research, market surveys and feasibility studies for clients
  • Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
  • Document all customer contact and information
  • Represent Felix Santos® Sports Nutrition Consulting Firm, LLP in strategic meetings
  • Help increase sales and growth for the organization

Accountant

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensuring compliance with taxation legislation
  • Handles all financial transactions for the organization
  • Serves as internal auditor for the organization.

Client Service Executive

  • Welcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the principal partners in an effective and timely manner
  • Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
  • Receives parcels/documents for the organization.

6. SWOT Analysis

Felix Santos® Sports Nutrition Consulting Firm, LLP engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured sports nutrition consulting business that can favorably compete in the highly competitive industry in the United States.

Part of what the team of business consultants did was to work with the management of our organization in conducting a SWOT analysis for Felix Santos® Sports Nutrition Consulting Firm, LLP. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Felix Santos® Sports Nutrition Consulting Firm, LLP;

  • Strength:

Our core strength lies in our ability to attract local support and frequent referrals, having a high prior success rate and recommendation/accreditation from authoritative source (celebrity sportsmen and women). So also, we have a team that is considered experts in the industry.

Aside from the synergy that exists in our carefully selected team members and our strong online presence, Felix Santos® Sports Nutrition Consulting Firm, LLP is well positioned in a community with the right demography and we know we will attract loads of clients from the first day we open our doors for business.

  • Weakness:

As a new nutrition consulting firm in Los Angeles – California, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the fast – growing nutritionists and dietitians industry; that is perhaps our major weakness.

  • Opportunities:

Growing focus on preventive care services and nutrition will strengthen demand, so also the fact that patients have been better able to afford doctor visits and a growing population of people who are actively engaged in one sports activity or the order will create opportunities for industry services in institutionalized settings.

This goes to show that the opportunities in the nutritionists industry are massive. As a standard sports nutrition consulting firm, we are ready to take advantage of any opportunity that comes our way.

  • Threat:

Every business faces a threat or challenge at every part of its life cycle. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

Some of the threats that we are likely going to face as a sports nutrition consulting firm operating in the United States of America are unfavorable government policies that might affect businesses such as ours, the arrival of a competitor within our location of operation and global economic downturn which usually affects spending/purchasing power.

7. MARKET ANALYSIS

  • Market Trends

The trend in the nutritionists and dietitians industry shows that in the last half decade, the industry has grown consistently. With the growing population of active athletes in the United State, nutritionist services are needed regardless of economic conditions.

Going forward, as people continue to be employed and regain a steady income, private health insurance will become more affordable, prompting consumers to seek nutritionist services when needed.

One thing is certain, the trend in the industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients.

The truth is that if your clients experienced huge difference in their eating habits, health and overall well – being as a result of hiring your services, then they will be compelled to help promote your organization. Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by sports nutritionists all over the world.

With technology, it is now easier for nutritionists to work with clients that are thousands of kilometers away from them. Tools like video calling/Skype, YouTube, live chat and Webcast et al are being used to counsel clients in different parts of the world.

8. Our Target Market

The target market for sports nutrition consulting firms is all encompassing. As a standard nutrition consulting firm, Felix Santos® Sports Nutrition Consulting Firm, LLP offers a wide range of services hence we are well trained and equipped to services a wide range of clients (athletes).

Below is a list of the clients that we have specifically designed our services for;

  • Sports men and women
  • Athletes in strength sports (such as weightlifting and bodybuilding) and endurance sports (e.g. cycling, running, swimming, rowing)

Our Competitive Advantage

No doubt, the nutritionists industry is indeed very prolific and highly competitive industry. Clients will only hire your services if they know that you can help them stay fit and achieve peak performance. It is the practice for nutritionists to acquire as much certifications as it relates to their area of specialization; it is part of what will make them stay competitive in the industry.

Felix Santos® Sports Nutrition Consulting Firm, LLP might be a new sports nutrition consulting firm in Los Angeles – California, but the management team and the owner of the business are highly qualified sports nutritionists that can successfully help her clients become peak performing athletes and achieve their personal sports goal within a short period of time. These are part of what will count as a competitive advantage for us.

Aside from our robust experience and expertise of our sports nutritionists, we have a very strong online presence that will enable us work with clients in different parts of the world.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and objectives.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Felix Santos® Sports Nutrition Consulting Firm, LLP is established with the aim of maximizing profits in the industry and we are going to ensure that we do all it takes to attract clients on a regular basis. Felix Santos® Sports Nutrition Consulting Firm, LLP will generate income by offering the following services;

  • Sports nutrition counseling
  • Planning food programs for athletes
  • Planning nutrition programs for athletes
  • Promoting healthy eating habits for athletes
  • Performing nutrition screenings for athletes
  • Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials.

10. Sales Forecast

One thing is certain, there would always be athletes who would need the services of sports nutritionists in other for them to stay fit and achieve peak performance. This is the major reason why our services will always be needed.

We are well positioned to take on the available market in Los Angeles – California and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our clientele base.

We have been able to examine the nutritionists and dietitians market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projections for Felix Santos® Sports Nutrition Consulting Firm, LLP, it is based on the location of our sports nutrition consulting firm and of course the wide range of services that we will be offering;

  • First Fiscal Year (FY1): $250,000
  • Second Fiscal Year (FY2): $350,000
  • Third Fiscal Year (FY3): $650,000

N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

  • Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiff competitions amongst sports nutrition consulting firms in the United States of America; hence we have been able to hire some of the best marketing experts to handle our marketing department.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets. We will also ensure that our clients overcome their challenges in record time.

Our goal is to grow Felix Santos® Sports Nutrition Consulting Firm, LLP to become one of the top 3 sports nutrition consulting firms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Los Angeles – California but also in other cities in the United States of America.

Felix Santos® Sports Nutrition Consulting Firm, LLP is set to make use of the following marketing and sales strategies to attract clients;

  • Introduce our nutrition consulting firm by sending introductory letters alongside our brochure to sports clubs and key stake holders in Los Angeles – California.
  • Print out fliers and business cards and strategically drop them in stadiums, sporting complex, offices, libraries, public facilities and train stations et al.
  • Use friends and family to spread word about our firm
  • Post information about our sports nutrition consulting firm on bulletin boards in places like schools, libraries, and local coffee shops.
  • Place a small or classified advertisement in the newspaper, or local publication about our sports nutrition consulting firm
  • Advertise our sports nutrition consulting firm in relevant educational magazines, newspapers, TV and radio stations
  • Attend relevant sports competitions, expos, seminars, and business fairs et al
  • Engage direct marketing approach
  • Encourage word of mouth marketing from loyal and satisfied clients.

11. Publicity and Advertising Strategy

We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for clients in the whole of Los Angeles – California which is why we have made provisions for effective publicity and advertisement of our business.

Below are the platforms we intend to leverage on to promote and advertise Felix Santos® Sports Nutrition Consulting Firm, LLP;

  • Place adverts on both print (community based newspapers and sports magazines) and electronic media platforms
  • Sponsor relevant community based sporting events/programs
  • 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 Los Angeles – California.
  • Distribute our fliers and handbills in target areas
  • List our sports nutrition consulting firm in local directories/yellow pages
  • Advertise our life sports nutrition consulting firm in our official website and employ strategies that will help us pull traffic to the site.
  • Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our schools’ logo et al.

12. Our Pricing Strategy

Generally counseling and consulting services are billed on per hour billing rate and flat fees as it applies. As a result of this, Felix Santos® Sports Nutrition Consulting Firm, LLP will charge our clients flat fees except for few occasions where there will be need for us to charge special clients on hourly basis.

At Felix Santos® Sports Nutrition Consulting Firm, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to all our clients at regular intervals.

  • Payment Options

The payment policy adopted by Felix Santos® Sports Nutrition Consulting Firm, LLP is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options Felix Santos® Sports Nutrition Consulting Firm, LLP will make available to her clients;

  • Payment via bank transfer
  • Payment via online bank transfer
  • Payment via mobile money
  • Payment via Point of Sales Machines (POS Machines)
  • Payment via check
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for our services without any stress on their part.

13. Startup Expenditure (Budget)

This is what it would cost us to start our own sports nutrition consulting firm in the United States of America;

  • Business incorporating fees in the United States of America will cost – $750.
  • The budget for liability insurance, permits and license will cost – $3,500
  • Acquiring an office space that will accommodate the number of employees we intend employing for at least 6 months (Re – Construction of the facility inclusive) will cost – $35,000.
  • Equipping the office (computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $10,000
  • The cost for accounting software, CRM software and Payroll Software – $3,000
  • Other start-up expenses including stationery – $1000
  • Phone and Utilities (gas, sewer, water and electric) deposits – ($3,500).
  • Launching an official website will cost – $500
  • Amount need to pay bills and staff members for at least 2 to 3 months – $70,000
  • Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000
  • Miscellaneous – $5,000

Going by the report from the market research and feasibility studies conducted, we will need about one hundred and fifty thousand (150,000) U.S. dollars to successfully set up a medium scale but standard sports nutrition consulting firm in the United States of America. Please note that the salary for the payment of staff members for the first 3 months is included.

Generating Funds/Startup Capital for Felix Santos® Sports Nutrition Consulting Firm, LLP

Felix Santos® Sports Nutrition Consulting Firm, LLP is a partnership business that will be owned by Dr. Felix Santos. He will run the business with his business partner for many years Dr. Anthony Wilder. They decided to restrict the sourcing of the startup capital for the business to just three major sources.

  • Generate part of the startup capital from personal savings and sale of his stocks
  • Generate part of the startup capital from friends and other extended family members
  • Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $50,000 (Personal savings $35,000 and soft loan from family members $15,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. 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.

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Felix Santos® Sports Nutrition Consulting Firm, LLP is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to offer our services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while. Felix Santos® Sports Nutrition Consulting Firm, LLP will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of.

Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy. 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; they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Leasing a standard office facility in a good location plus reconstruction: In progress
  • Conducting Feasibility Studies: Completed
  • Generating part of the startup capital from the founders: Completed
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents: In Progress
  • Design of Logo for the school: Completed
  • Printing of Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of the needed software apps, furniture, office equipment, electronic appliances and facility facelift: In progress
  • Creating Official Website for the business: In Progress
  • Creating awareness for the business in Los Angeles – California: In Progress
  • Health and Safety and Fire Safety Arrangement: In Progress
  • Establishing business relationship with vendors and key players in the sports industries: In Progress