Though in the movie the phrase relates specifically to baseball, many people have since assigned a more general meaning to the expression—don't worry about the outcome, because simply making the effort will produce results. And there is something to be said for passion driven by blind faith.
Strategic Analysis with current research!
The Company was founded by Mr. According to several medical studies the effects and benefits of massage therapy are well documented, and they provide several medical benefits to patients. The business will also generate secondary streams of revenue from the sale of medicinal herbs and other products associated with the practice of massage therapy.
The third section of the business plan will further describe the services offered by the Massage Therapy. The interest rate and loan agreement are to be further discussed during negotiation. The financing will be used for the following: Doe has more than 10 years of experience as a licensed massage therapist.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of Massage Therapist, Inc.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. Doe would need to find a massage therapist practitioner to take over the practice.
Doe will perform all types of massage therapy including deep tissue massage, general massage, specific muscle massage, and other services that relate to his practice. In time, the business may hire additional massage therapists that will be able to provide services to clients of Massage Therapist, Inc.
This will greatly increase the gross billings of the business. Currently, the economic market condition in the United States is in recession.
This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue for a significant period of time, at which point the economy will begin a prolonged recovery period. However, businesses, such as massage therapy practices, tend to operate with substantial economic stability as many people consider these treatments to be essential to their well being.
This is a mature industry, and the anticipated future growth rate of the industry is expected to equal that of the general economy. However, some economists have predicted that the industry will grow faster than the general economy as the Baby Boomer generation begins to demand more massage therapy services.
Common traits among clients will include: The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Massage Therapist.
Doe intends on using a number of marketing strategies that will allow the Massage Therapist to easily target men and women within the target market.
These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public.Healing Touch Massage is a sole proprietorship owned by Lavinia Watkins, LMT. Ms. Watkins has been a Licensed Massage Therapist in the State of Oregon since July , and has run the business from a home-based location since then.
Here's how to develop your massage advertising in a cohesive massage therapy marketing plan.
Ideas for massage therapy ads and slogans to build a practice. Leave your business card (massage therapy ads) with: Health care professionals. Word of mouth is critical to your massage therapy marketing plan.
For example, health food . Check out these sample business plans for massage therapy and related businesses, and then get started writing your own plan. These, and hundreds more sample business plans, are included in LivePlan. The keys to a successful massage therapy marketing plan: Keep your message simple.
Use a bold headline or attention statement and then a simple, short message. Be consistent, leave massage advertising in place for weeks.
Don’t think that you have to spend a lot of money, you don’t. Dec 20, · I'm new to massage therapy and looking for help in developing a business plan. I will be graduating massage school in the next few months. I know in our business class this topic will be covered, however I wanted to get a start in developing one.
Massage Therapy Business Plan description of the massage therapy services and products offered by the Massage Therapist. backers again Business Description Massage is an intuitive healing art that has been around for millennia.