https://padlet.com/davinafranklin1508/2li12siwm3nv en-us 2017-09-13 14:32:27 UTC 2026-02-26 00:43:12 UTC hello@padlet.com davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187212279 Yoga Fit is a new company that creates a personalized environment for people of all ages and fitness abilities to achieve their fitness goals.  Yoga Fit is a mixture of Yoga and HIIT, which stands for High Intensity Interval Training. By mixing the both of these exercises, you will be burning fat and leaning out your body. ]]> 2017-09-13 15:11:25 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187212279 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187217628 Yoga Fit's focus is for people of at all ages and abilities. We also focus on young mothers and middle aged women who have a very busy lifestyle but not a lot of time to spend on fitness. ]]> 2017-09-13 15:21:40 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187217628 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187219728 Yoga Fit is looking to locate to Welwyn Garden City, Hatfield, Letchworth and Hitchin. Currently there are 152,422 residents living in them 4 towns. In each town there is plenty of parking for the fitness studio to be built. ]]> 2017-09-13 15:25:18 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187219728 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187225461 We hope to open Yoga Fit studio's in all 4 towns by the start of Summer 2018. ]]> 2017-09-13 15:35:46 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187225461 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187248032 Before the fitness studio is built, I will go to the local gyms in the area and do taster sessions and hand out flyers. Also, I will begin by doing Yoga Fit Youtube video's to get my idea around and what my business is about. By doing this before I set up my fitness studio, this will bring in clients who are educated in what I am doing, and they are more likely to become long term clients. ]]> 2017-09-13 16:20:10 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187248032 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187259698 For my business to be successful, I will need a number of resources. One resource being 'Financial Resources' this concerns the ability of the business to 'finance' it's chosen strategy. This resource will bring in strengths of relationships with new investors and lenders. ]]> 2017-09-13 16:42:32 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187259698 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187270621 Another resource I will have to use will be 'Human Resources'. This will overlook the company and see how many staff are working and looking at training for the staff to work at their best. ]]> 2017-09-13 17:03:47 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187270621 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187272735 Certain promotions may put Yoga Fit at risk. This is because Yoga Fit is a new business, this means our business will not have as much funding as the surrounding areas. This may be seen as a risk as Yoga Fit will not have the funding for popular promotion as it isn't very cost effective. ]]> 2017-09-13 17:08:44 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187272735 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187284155 Another risk would be 'Pricing'. This is mainly because steep discounts by a competitor can be a significant threat to my business. ]]> 2017-09-13 17:30:42 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187284155 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187287799 Considering Yoga Fit will not have a lot of funding, marketing my business will be difficult. To get around this issue I can build my email list and make sure I have a good web design, this will give me the ability to acquire customers for Yoga Fit.

Another way to market my business would be 'Content Marketing'. For this to be effective I would produce a variety of content types such as articles, videos, webinars and distribute them throughout social media.  ]]> 2017-09-13 17:38:11 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187287799 davinafranklin1508 https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187310609 There are many ways for Yoga Fit to receive funding. Firstly, I will be using some of savings, that will go towards my marketing and promotions. Secondly, I will apply for a grant. Even though they are difficult to receive, once Yoga Fit gets the grant, my business could go into something bigger and it will cover the costs for the fitness studio and equipment. ]]> 2017-09-13 18:24:03 UTC https://padlet.com/davinafranklin1508/2li12siwm3nv/wish/187310609