Question: When a determined 28 year old is deciding whether they would open their own Gym, they had to think about the opportunities and the risks.

When a determined 28 year old is deciding whether

When a determined 28 year old is deciding whether they would open their own Gym, they had to think about the opportunities and the risks. Giving up a regular job and stable income is a difficult choice. As a reward, they will have personal control over their own business, they can take personal satisfaction if their idea develops into a successful and profitable business. Keeping in mind that gym is not a new business concept, address the following; 2.1. Identify the associated risks you might want to advise them of. 2.2. Identify the opportunities (Improvements, innovation and competitive advantage) 2.3. Who can they approach as an investor? And how would they invest? 2.4. How can their business impact the community? 2.5. Besides the core business of fitness, what other ventures can their business expand into for growth and diversification purposes

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