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Children's Education & Recreation icon Gymnastics Instruction Business Plan

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Gymnastics Jump-Start

Management Summary

The two principals, Wanda Bounce and Bea Flip, have impeccable credentials in this industry. This will benefit Gymnastics Jump-Start in two ways:

  1. Clients will be brought from previous employers
  2. The experience each has will attract new clients

Bea Flip has extensive experience in sales and marketing within the private and public gymnastics industry. Wanda Bounce has extensive experience in the area of management, finance and administration, also in the private and public gymnastics industry.

6.1 Personnel Plan

Bea Flip will teach full-time (20 classes/week), as well as filling her managerial duties. Wanda Bounce will teach 5-6 classes per week and handle the main managerial, administrative, and accounting functions, in coordination with our receptionist. Both of the owners will take a reduced salary in the first year.

The majority of our personnel costs are listed in the Sales Forecast, under Direct Cost of Sales. Teachers are paid hourly wages based on the number of students attending each session, at a percentage rate. Gymnastics Jump-Start expects to make gradual investments in gymnastic teachers over the next three years, always keeping in mind the number of children in need of care at the center. These numbers may fluctuate depending on the number of children in classes and the number of teachers that can teach multiple classes in a week.

Personnel Plan
Year 1 Year 2 Year 3
Receptionist $17,280 $20,000 $21,120
Wanda Bounce $12,000 $24,000 $30,000
Bea Flip $12,000 $24,000 $30,000
Total People 8 9 9
Total Payroll $41,280 $68,000 $81,120