Fortune-Fit Wellness Program Enhancement. Healthcare Bill Passes!

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Transcript of Fortune-Fit Wellness Program Enhancement. Healthcare Bill Passes!

Fortune-Fit

Wellness Program Enhancement

Healthcare Bill Passes!

A Wellness program…Why?

• Combat Rising Health Care Costs:-Only work site health promotion stands out as the long-term answer for keeping employees well.

• Increased Productivity- studies show that <27%

of Americans feel truly engaged at work

A Wellness program…Why?

• Lower Absenteeism- Brigham Young University estimates that between “2.5-4.5% of money spent on salaries goes to absent employees.”

• Recruiting Retention- Americans are becoming more aware of the value of health

A Wellness program…Why?

• Lower Workers Comp Claims: wellness programs can significantly lower comp costs, because healthy workers are less prone to injury, if injured they recover more quickly than their out of shape co-workers.

• Conversely the out of shape employee is at higher risk for injury because of the extra weight they carry!

Wellness Note:

Investment Return: Companies that invest in

wellness programs have received an average

of $24 return on every $1 invested in a

wellness program.

A Wellness program…Why?

Adults who are active are healthier, are less likely to develop many

chronic diseases requiring fewer physician’s office visits and lower

health care costs.

Wellness Program Enhancement

• Tools for Creating a Successful Wellness Program

The Balanced Fitness Program:

2.5 hour introduction

– Education for Employees– Guidance for Employees– Benefits for Employees who Participate

Wellness Program Enhancement (cont…)

• Education for Employees

– Fortune-Fit provides a 45 minute nutritional information session by a Registered Dietitian

- Fortune-Fit provides instruction of proper form and technique for physical activities in a fun boot camp hour

– Fortune-Fit offers cooking demonstration and food pairing by featured local Chefs

Wellness Program Enhancement (cont…)

One of the top 5 reasons people do not accomplish health and exercise related changes is due to a lack of dedicated time

Wellness Program Enhancement (cont…)

• Guidance for Employees

– Fortune-Fit- provides structured fitness program demonstration- boot camp style

– Fortune-Fit- offers continued and goal oriented support for individual employees and or group fitness actives for the workplace

– Fortune-Fit- can help assess individual baseline fitness levels and monitor progress toward meeting goals

Wellness Program Enhancement (cont…)

Group fitness activities

encourage team building

via camaraderie

to accomplish health and

fitness goals

Wellness Program Enhancement (cont…)

• Benefits to Employees who Participate

– Many Health Insurance companies offer healthy employee incentives by reducing costs to the employer

– Fortune-Fit- offers personal training sessions as an optional reward or incentive to continue or establish healthy habits

– Fortune-Fit- provides web based featured “Success Stories”

Wellness Program Enhancement (cont…)

Nothing speaks louder than a renewed

sense of well being, improved energy

levels, and increased productivity that

come from weight loss and physical

strength improvement

Fortune-Fit: The Business

Fortune-Fit: The Business

• Catering to Corporate America and Individual needs

– Networking with other Personal Trainers and Fitness instructors

– Networking with local Dieticians– Networking with local Restaurants and

Chefs– All working in tandem to promote healthy

balance

Fortune-Fit: The Business

• Networking with other Personal Trainers

– Subcontracting keeps monthly costs down

– Subcontracting is mutually beneficial • Scheduling• Financially• Marketing for more individual business

– Networking and subcontracting infuses variety to encompass a wide variety of needs

Fortune-Fit: The Business

Fortune-Fit: The Business

Networking with local Dieticians

– Creates mutually beneficial working relationship for current and future clients

– Provides nutritional education by qualified personnel

Fortune-Fit: The Business

• Networking with Local Businesses and Chefs

- Provides free advertisement for local restaurants and Chefs- Offers variety to clients and reinforcesnutritional education- Chefs provide food quality selection instruction essential for healthy eating

Fortune-Fit: The Business

Service Projected sales and price

Balanced Fitness Program $75/person- 5 person minimum 2-3 introductory programs per week.

Boot Camp Training 3 days per week x 1Session per day x 4 or 6 week intervals with a minimum of 5 clients to attend at $10/person/session or minimum of $600 for the 4 week package and $850 (discounted price for 6 week program)These figures are based on a minimum of 5 participants with the fees increasing with the number of participants

Personal Training 5 days per week x 1-3 sessions/week

$50 /session or$475 (discounted price for 10 session bookings)

Fortune-Fit: The Business

Personal Training•5 days per week x 1-3 sessions/week

•$50 /session in home $40 in my home and ½ off for each additional participant

(discounted price for 10 session bookings)

• Pricing and Services (cont…)

Fortune-Fit: The Business

Fortune-Fit: The Business

Initial monthly expense Amount ($)

Payroll 1500

Utilities 40

Gasoline/Auto 150

Rent 0

Equipment Lease payments 0

Gym memberships 50

Internet Access 40

Web Site Development and Hosting 25

Advertising 350

Insurance Paid yearly

Accounting/Legal 50-budget for average billable charge

Continued Education 50

Supplies 50

TOTAL expenses per month$2,430

Fortune-Fit: The Business

• First month figures: Gross profit $3,075 with a loss of -$175

• Break even with Gross profit of $3,161 and pre- tax profit of $2965 at month 2.

• First 2 year pre tax profit margin estimations

Project returns Year1 Year 2 Total / Average

Yearly pre-tax profit $38,619 $52,874 $80,127

% Yearly pre-tax profit Margin 33.79% 45.86%

39.82%

% Total Net return on capital

employed

308.43% 492.84%

400.64%

Fortune-Fit: The Business

Thank you from

Fortune-FitBalanced fitness is your future!