Establish a Fitness Business

Review Personal Influencing Factors

 

You are now required to conduct a personal audit and review a range of personal factors that have the potential to influence your proposed business opportunity. 

Consider the following questions:

• How do yur strengths, weaknesses and general capabilities influence your choice of business opportunity and fitness offerings? 
• How does your business opportunity align with your career aspirations? Were your career goals an influencing factor?
• How do yur personal commitments (family, work) influence the identified business opportunity? 

Question 1: Using the table below, identify your perceived strengths and weaknesses regarding your technical and soft skills relevant to the fitness industry and your proposed business opportunity. 

 

a	List three (3) strengths and three (3) weaknesses regarding your technical skills & technical capabilities.
STRENGTHS		WEAKNESSES
b	List three (3) strengths and three (3) weaknesses regarding your soft skills & abilities relevant to the fitness industry and your proposed business opportunity
STRENGTHS		WEAKNESSES
c	Briefly describe at least one (1) way your weaknesses may negatively impact your business opportunity. Consider the tasks, roles, and responsibilities that your business opportunity requires.    For example, a lack of interpersonal skills may be a disadvantage when selling to potential clients and developing client rapport.
d	List one (1) way you might address and minimise the negative impact described above.
e	Describe at least one (1) way your strengths may positively impact your business opportunity. Consider the tasks, roles, and responsibilities that your business opportunity requires.   For example, strong time-management skills may positively impact your weekly client calendar and booking processes, providing a positive client experience. They may also improve your client retention and overall client satisfaction by ensuring clients are booked in efficiently for their training sessions.
f	Describe one (1) way you might strengthen the positive impact described above. Consider how you might take advantage of your strengths to benefit your business opportunity/business idea.

 

Question 2: In one paragraph, describe how your business opportunity aligns with your career aspirations and industry expectations. Were your career goals an influencing factor in your proposed business opportunity? Why or why not?

 

 

 

 

 

Question 3: In one paragraph, describe how your personal commitments (family, work, hobbies) influenced, or did not influence, your choice of business opportunity.