Business

Strategic Plan Part 1: Conceptualizing a Business

Strategic Plan Part 1: Conceptualizing a Business

Mission, value, and vision documents offer guidance models to make establishment’s strategic plan (Strategic Planning, 2012). Businesses create their own corporate, business, and tactical strategies as well as goals. The provided document gives a comprehensive research on the mission and vision statements of Tremendous Gym and how are these documents useful in developing the company unique and effective from its rivals. It will additionally spotlight key values through mission and vision declaration. These values assist in leading the strategies and therefore increase earnings, and sustain edge against competitors while satisfying stakeholders.

The business plan entails establishing a web based gym, called Tremendous Gym. This IT based company provides useful services at a cost of eight dollars a month for daily fitness regime personalized to customer requirements. The offer will also incorporate interactive classes with a trainer who will make a physical fitness and health program for the client on information gathered from the customers. Then the instructor will monitor the diet plan and exercise plan through an automatic attendance system.

 Industry: Online Service Industry with expertise in IT as well as health

 Product: nothing

 Service: Physical fitness and health guidance on weight exercise diet plans, as well as health supplements.

 Customers: Health conscious or fitness guru’s due to hectic schedules not allowing them to enroll in actual gymnasiums. Therefore this forum making use of internet they seek and get physical fitness and health guidelines.

The mission statement of Tremendous Gym will steer in the direction of general aim of the organization; regarding what item they will deal in, who will be the projected audience of the gym, and why as well as how will this be performed. The gym will continuously improve its mission declaration to...