You have been hired, as a Head Personal Trainer, by a local gym. The Gym contains a consistent membership base of 1,000 members. Your primary job is to
design and implement a for profit personal training program. Currently the gym offers memberships that include use of the facilities and access to all Group
Fitness Classes but no personal training for members. Your program must include a personal training program mission statement, number of necessary
personal trainers, your job descriiption as head personal trainer, staff personal trainers’ job descriiptions, staff personal trainer’s hiring process, and a payroll
criteria – for trainers: how you will record personal training sessions, collect funds for personal training sessions completed, and distribute trainer’s cut of
personal training fee. Provide an overview of gym’s facilities. You must also provide a daily trainer work schedule covering all hours the gym is open, a
member fitness assessment protocol – including sample beginner workout, and a private personal training client assessment protocol – including a sample
workout for a specific client.
The mission statement for the Personal Training Program at this gym is to provide an inclusive, high-quality service that is focused on helping members achieve their individual fitness goals through safe and effective training. Our program is based on the principle that everyone should be given the opportunity to reach their fullest potential, regardless of background or ability level. We strive to create a supportive, inspiring environment in which our team of personal trainers can work individually with each member to help them succeed in achieving their health and fitness objectives.
As Head Personal Trainer, my job responsibilities would include managing the entire personal training staff as well as monitoring individual trainer performance, escalating any necessary concerns or issues, creating and implementing standards for tracking client progress/goals achieved over time, and developing strategies for marketing/promoting our services within the gym. I will also be responsible for ensuring adherence with local regulations related to our profession.
Staff personal trainers would mainly focus on providing personalized instruction tailored specifically towards each client’s needs. This may include setting short-term goals that are achievable while still challenging enough to keep clients motivated throughout their programs. Trainers must also maintain accurate records of all sessions provided as well as update clients regularly about any changes or developments in their routines (Mendoza et al., 2019). Additionally they must possess strong customer service skills so that they can build a trusting relationship with each client which allows them better understand what works best for him/her.
To hire staff personal trainers we will require applicants have completed either an accredited degree program in exercise science or a certification from a recognized organization such as NASM (National Academy Of Sports Medicine), NSCA (National Strength And Conditioning Association) etc. In addition we will look favorably upon those who have had previous experience working with clients either one-on-one or in groups settings(Hochstetler et al., 2020).
Personal training sessions at our gym will be conducted by appointment only and must be booked 24 hours prior to session start time. The cost per session is $50 which covers 1 hour of instruction under guidance of certified trainer plus use of facilities during session duration if needed (i.e.: weight room equipment etc.). Payment must be collected before commencement of each session via credit card; however cash payments can also accepted if necessary.
Trainers will receive 70% commission from total amount charged per session ($35) while remaining 30% going toward overhead costs associated with running program successfully(Lazarus et al., 2020). All payments due will then transferred directly into trainers accounts biweekly once payroll processed accordingly.
Section 1 – Project Objectives and by and large exploration approach
1.1 Reasons for Choosing the point and association
Enthusiastically for Finance and a craving for abundance creation through putting resources into productive endeavors, I have consistently attempted to evaluate and examine the exhibition stocks (organization’s) on the stock trade to see which may be productive. I therefor picked this subject since it would assist me with fostering the capacity to all the more likely examine organizations exhibitions, and furthermore to additional my vocation in finance. Throughout the span of my ACCA studies, I have been expected to assess the monetary exhibition (performing proportion examination) of associations, get ready and decipher budget reports (F5, F7, and F9), and to perform business examination. I therefor look to apply this information in a genuine circumstance subsequently this point appears to be great.
Humanity has for a very long time, relied upon the tremendous abundance of assets underneath the planet’s surface; from farming which was the significant action of early man to mining (the extraction of important minerals from the earth).
Mining has been a significant supporter the worldwide economy. A review distributed in 2013 observed that the worldwide gold industry’s commitment to the world’s economy was in excess of 150 nations around the world, as this area alone created more than $171 billions (Cecilia Jamasmie, 2015). As indicated by Mark Cutifani, CEO of AngloGold Ashanti (2012), “mining straightforwardly or by implication drives over 45% of the world’s total national output” (GDP) (Martin Creamer, 2012). This developing significance of the mining business to the worldwide economy was a critical driver to my choice of this area.
I additionally end up working in the ranger service area that likewise manages the extraction of normal assets, this nearness to nature additionally added to my decision of industry
I picked Fresnillo Plc on the grounds that it is perhaps of the biggest silver maker on the planet. The London-recorded organization works a few silver and mother lodes in Mexico. In spite of a drop in Mexican silver creation in 2014, the nation actually stayed the most elevated silver maker around the world, with Fresnillo at its front. The organization is versatile and has a designated creation result of in excess of 65 million ounces of silver by 2018 (Investing News Network, 2015).
1.2 Research points and goals
Dissect and assess the monetary exhibition of Fresnillo Plc for the 3 years finished 31st December 2017
Distinguish the elements that have affected the business and monetary execution of Fresnillo over these years These goals would be accomplished by giving solutions to the accompanying inquiries:
What has been the monetary presentation of Fresnillo Plc over the 3 years finishing 31st December 2017, in contrast with Tahoe Resources Inc.?
How has the qualities, shortcomings, potential open doors, and dangers to Fresnillo, impacted their exhibition (both monetary and nonfinancial) over the long term period?
How has Political, Economic, Social, and Technological elements impacted the presentation (monetary and nonfinancial) of Fresnillo?
1.3 Framework for RAP
The report examinations the monetary exhibition of Fresnillo Plc for the 3 years finishing 31st December 2017. This is worked with by the utilization of proportions, for example, productivity, liquidity, equipping, and financial backer proportions.
To more readily assess the presentation of Fresnillo, their exhibition is benchmarked against that of Tahoe Resources Inc.
The report then, at that point, goes further to dissect the effect of the business climate on the presentation of Fresnillo, by utilizing the SWOT system to analyzing its assets, shortcomings, open doors, and dangers. It additionally utilizes the PEST model to evaluate the effect of political, financial, social, and mechanical variables on Fresnillo Plc.
Section 2 – Information assembling and bookkeeping/business strategies
2.1 Sources of data
Data is fundamental to each examination venture, and given the vagueness in the idea of data it is fundamental to guarantee that data gathered is pertinent and suitable for some random exploration, investigation and so on. There are 2 fundamental data sources: essential and optional sources.