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Basically, the proposal aims to renovate the whole gym to accommodate additional equipment, thus, increasing the gym’s capacity to serve more people. This meant heavy investment on equipment and fixed asset, additional labor and expansion of space. The proposal was based on the performance of the gym for the past years.
The expansion plans to double the capacity of the gym. It will add up facilities that could accommodate another twenty to twenty five persons. The proposed budget for the expansion is P2, 000,000.00.
Expanding the gym comes with risks and uncertainties. This move does not guarantee additional profit nor ensures minimization of expenses, to make the point clear; it is not guaranteed that the investment will be worth it...
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