Fortune-Fit Wellness Program Enhancement. Healthcare Bill Passes!

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Fortune-Fit Wellness Program Enhancement

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

Page 1: Fortune-Fit Wellness Program Enhancement. Healthcare Bill Passes!

Fortune-Fit

Wellness Program Enhancement

Page 2: Fortune-Fit Wellness Program Enhancement. Healthcare Bill Passes!

Healthcare Bill Passes!

Page 3: 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

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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

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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!

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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.

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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.

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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

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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

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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

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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

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Wellness Program Enhancement (cont…)

Group fitness activities

encourage team building

via camaraderie

to accomplish health and

fitness goals

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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”

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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

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Fortune-Fit: The Business

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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

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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

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Fortune-Fit: The Business

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Fortune-Fit: The Business

Networking with local Dieticians

– Creates mutually beneficial working relationship for current and future clients

– Provides nutritional education by qualified personnel

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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

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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)

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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…)

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Fortune-Fit: The Business

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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

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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%

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Fortune-Fit: The Business

Thank you from

Fortune-FitBalanced fitness is your future!