Description of the business 

The fundamental reason for this field-tested strategy is to look at if there is a market in USA for another wellness and Fitness focus. While watching the wellness focus in USA it went to the creator’s consideration that numerous clients needed to sit tight for the hardware they were going to use for quite a while. Showing that the present wellness focus in USA has turned out to be immersed and in this way stimulating the inquiry if there isn’t a market in USA for two wellness focuses. The primary motivation behind Bounce fitness is to address the issues of the occupants for a quality wellness focus. A wellness focus with all the most recent gear and a Fitness focus which will offer Fitness courses, yet Fitness is getting to be one of the most prominent games action in Iceland today with extraordinary effect from tradition the present best on the planet in Fitness. What will make this organization focused available is the mix of a wellness and Fitness focus which isn’t accessible in USA. The organization places rich accentuation on the way that its staff individuals are exceptionally qualified and completely able to deal with levels of popularity of the clients. For the organization to have the option to get going it needs to assemble 48 million ISK. The wellness focus requires 36 million ISK for gear and will have the option to support around 70 – 80 individuals one after another or around 850 individuals on week days given that every individual spends close to 1,5 hours one after another in the wellness focus. The Fitness focus is moderately less expensive in cost of hardware or about 4,000,000 ISK and will have the option to support around 50 individuals at each course. The office should have the option to meet least necessities of a wellness focus. In fire up subsidizing for the office there is represented shower-and storage spaces and other minor use. The money related subsidizing will procured through a credit and venture from speculators. Bounce fitness will take 38 million ISK advance from Lands banking for a long time with 8,9% loan fee and 10 million ISK will be supported through speculators with required pace of return of 5% every year. Bounce fitness will be another organization but since the capital prerequisite is gigantic and local people are progressively going to their college training or work in USA while living in USA it could be a likelihood that Bounce fitness would collaborate with other and greater offices in USA, for example, World-class, Fitness Reykjavík or Sport. This would furnish Bounce fitness’s clients with the two cards to its office just as cards to the offices in USA. Since USA is a community, however is expanding none the less, there are barely any contenders. ÍA (USAs) is Bounce fitness’s greatest contender. They have been working a wellness focus in USA for a considerable length of time. In USA is likewise a Boot Camp which is in direct challenge with the Fitness. What could give Bounce fitness upper hand over its rivals is most importantly a direct result of three parts of its business which are: – Access both to the Fitness-and Fitness Centre. – Fitness educators at locate for all clients and exceptionally qualified workers. – Spacious office uniquely intended for its motivation. The interest for wellness and Fitness focuses is occasional and are the most extreme months in January directly after the special seasons, multi month before summer and afterward again around September. The most noticeably terrible looked for months are around the mid-year. Bounce fitness’s target advertise which is 16 years of age to multi year old is expanding in USA and has been expanding by around 1,6% every year these previous 14 years  

Business concept 

Bounce fitness’s target market has been extending over the earlier decade. There has moreover been an extended stimulating among the Icelandic government about horrible physical state of its locals and addition therapeutic administrations cost consequently. Bounce fitness Exercise centre could use that as an opportunity to endeavour to get financing from the organization by centre around those that are in awful physical state and help them with starting with the assistance of specialists. Which would finally prompt reduce in human administrations utilization for the assembly. It is the author’s feeling, which can be gotten from all the new Fitness centres that have been opening up in Reykjavík for instance World Class Fitness, Fitness Game and Fitness that Fitness interest is extending bit by bit along these lines a potential open entryway accessible to open up a Fitness centre in USA. However, since this is a particularly forceful business focus it is hard to gather data from various Wellness and Fitness centres about this issue as needs be investment must be hypothesized.

Business goals 

Bounce fitness’s goal is to focus on its market fragments. These sections will be come to through neighbourhood media in USA for example Fitness Gym, promotions at schools, cafés, on the web, B2B advertising and with deal costs. Before Bounce fitness could start a new business the creator would suggest that there would be made a statistical surveying. The board of organizations as a rule is tied in with taking choices which are encompassed by vulnerability and once in a while with high hazard factors. With showcasing research chiefs can constrain these vulnerabilities and point of confinement the hazard somewhat, obviously it is difficult to delete them totally. This showcasing exploration would not need to be broad and would include an examiner which would be either brought to an irregular example out of the portions through phone or email. With this statistical surveying the originators could figure out what may be required in USA, what number of clients would approach Bounce fitness’s office and conceivable market openings. It is likewise significant that Bounce fitness’s the executives keeps on leading these market looks into once the organization has been set up to answer addresses like are the customer’s needs and necessities changing and if so is the organization ready to fulfil these adjustments in need

Operation plans

Managing Director: – Bounce fitness Exercise centre ought to be constrained by someone that has contribution in business, preferably someone with preparing in business association. Past experience from keeping up a tantamount business is required. The activity of the managing official is to direct all parts of the business and watch if everything is running as demonstrated by plan. His activity will moreover be to see that the buyer faithfulness is met and destinations for market size are proceeded.

Instructor:-The supervising boss will in like manner must have the alternative to instruct Fitness classes or various livelihoods that ought to be dealt with. – Fitness instructors. There will be three Fitness instructors which will segregate the rest of the job needing to be done similarly between each other. Fitness classes will be at amazingly badly designed occasions of the day on week day. These mentors ought to have Fitness level 1 educator confirmation and best some other preparing that will help them in their calling for instance level in Iron weight direction or B.Sc. in sports science. It is important that there are qualified Fitness instructors. They will similarly be resolved to help clients with beginning.

Prepare a   movement program for them and show the people who need  around the workplace and tell them the best way to work each rigging. This will preferably help Bounce fitness Exercise centre to be great accessible and bolster those that have been contemplating about starting to start in the hands of a specialist. – Gathering/customer support.

 There will be four receptionists/customers organization positions all working an enormous part of a day. Or then again one secretary with a fulltime work and the other two have low support work. Their basic occupation will be to get the phone and help those that need to work with Bounce fitness Exercise centre to join. Their informational necessities are irrelevant anyway they must have organization motivation and prepared to step up. As an untimely idea when there is a down time they can clean around the workplace. There must be in any occasion on secretary of each sexual direction to have the alternative to clean up the shower rooms. Cleaning will be written in their work contract. – Upkeep.

 At Bounce fitness Exercise centre there is a lot of apparatus that ought to be dealt with constantly. The apparatus has various convenient parts that ought to be tossed up to unimportant mileage. The customers‟ demands that the equipment that he is intending to use will work at its optimal so it is huge that there is someone that will have the alternative to fix the rigging right away. There is a probability that there won\’t be a person in upkeep on fund yet rather enrol an impermanent specialist at whatever point something breaks. Nevertheless, will be fused as staff part in the pay announcement.

Thank You!!!!!

Human Resource Management

Introduction 

For the management and analysis of the activities performed at the general meetings and other gatherings, it becomes very vital to represent and reflect them in a proper manner so that everyone can understand it properly. In the case of business management it is highly important to have the proper understanding and the possessing the ability to analyse the scenario and the cases in a accurate and significant manner. In this case the learner is going to perform the task related to the analysis of the general and other kinds of meetings which is to be organised by the Bounce fitness Inc. at the Wiltshire hotels. There are different agenda’s and motives of organising these meetings. Here the learner will demonstrate the learning ability of reflecting the live case scenario as well as will express the case studies with the help of documentations and other kind of analytical studies.

Task 1

Case study 1

1. The CEO of the organization Bounce and fitness has decided to organize an annual general meeting. The main purpose of the meeting is to oversee the goals, which will be set for the coming year by presenting the previous financial year’s figures related to the centers of the organization (Masciandaro et al, 2015).
2. They must concentrate on the complaints and the responses, which have been raised earlier. The legal and ethical requirements, such as the direction of the proper authority, proper agenda, a genuine presiding officer and an official notice, the organization should organize the meeting on time and all the members and the employees should be present on that day without any fail (Corner, 2015).
3. The meeting will start from 9 am to 3 pm, so must be a proper catering service where all the members must provide some breakfast, lunch and some afternoon snacks. There must be a projector for the powerpoint presentation.   
4. Some proper arrangements like booking the Wiltshire hotel, booking air tickets, book the cabs and the staff that will come from long distances and their two days accommodation arrangements must be done on time and with some paperwork.
5. A genuine notice and agenda should be provided to all the employees by emails, genuine copy notices should be distributed by fax to all the centers.   
6. The cultural differences should not be neglected by providing some translators who will translate the speeches that every employee can understand.
7. Some legislations such as directors and auditor’s reports, annual financial report and the meeting notice should be distributed before 14 days of the date of the meeting (Order, 2018).

Case study 2

1. Staff meetings will be held in different centers to discuss whether there is any center activity that should be taken to the annual meeting.
2.  Every staff should participate in the meeting on time without any fail and should focus on the issues of the centers (Dijkhuizen and Nijland, 2016).
3. The meeting will hold for an hour so there should be some arrangements for little snacks items.  
4.   The meeting will hold in the cafeteria area after closing the center so there are no such bigger requirements.  
5. A genuine printed copy notice will be paste on the notice board.
6. If every employee will cooperate so, there should not be any cultural difference barrier.
7. There will no such legislations regarding any center meetings. One should be that every employee must attend the meeting on time.

Case study 3

1. Brain-storming meeting with the personal trainers to develop some new plans and get the inputs and ideas on marketing.
2. All personal trainers should share their new ideas with the assistant managers.
3. The meeting will hold in the aerobics room for an hour and at 1:30, the room will become quiet.
4. The allocation of the aerobic room is the only requirement for the meeting.
5. All the personal trainers will be informed through emails.
6. Cultural differences will not be an issue if the assistant manager will provide a translator for communicating with the trainers.
7. All the personal trainers should abide by the rules of the center.

Task 2.

Notice of the meeting 

Notice for general meeting 

Bounce Fitness

Annual general Meeting

Notice

Dear Sir/ Madam,

The Board of Directors is willing to report that the Annual meeting of The Bounce Fitness Inc. will be hung on 4^th and 5^th May 2019 (date), at 9am to 3pm (time), at Wiltshire Hotel (area). The Board urges you to go to this significant gathering. At this gathering, we will give gives an account of the board’s achievements over the previous year, the board’s capital undertaking plans for the following year, and the money related state of our affiliation. We likewise will choose CEO at the gathering. In the event that you are keen on running for a situation on the board, it would be ideal if you contact general manager recorded as a hard copy by 8am. We will likewise take selections for appointment of executives from the floor at the gathering. On the off chance that you can’t go to the yearly gathering, or are uncertain about whether you will visit, if it’s not too much trouble total the encased intermediary and return it to any board part or our overseeing specialist at ___________________________________ (address). On the off chance that you give an intermediary and, at that point go to the gathering, we will restore your intermediary to you at the gathering. We should build up a majority to direct business at the gathering, so it is significant for you to visit or give an intermediary. If you don’t mind note that mortgage holders who are appeared on the Association’s books or records as over 30 days past due in evaluations or charges will be ineligible to cast a ballot or to keep running for a seat on the Board of Directors. To check that you are on favourable terms or that you are appeared as the proprietor on the Association’s records, if you don’t mind contact the Association’s overseeing specialist at _______________________________ (telephone number). We anticipate seeing you at the yearly gathering

Regards,

Board of Directors

Bounce Fitness Inc.

MEETING AGENDA

Meeting/Project Name:	Annual General Meeting
Date of Meeting:  (MM/DD/YYYY)	4th and 5th may	Time:	9am to 3 pm
Meeting Facilitator:		Location:	Wiltshire Hotel

1. Meeting Objective

2. Attendees
Name	Department/Division	E-mail	Phone
CEO	Board Of directors
Assistant managers

3. Meeting Agenda
Topic	Owner	Time
Annual planning
Financial Reporting
Buisness development

4. Pre-work/Preparation (documents/handouts to bring, reading material, etc.)
Description	Prepared by
Finacnicail report of the company	Assistant managers
Annual report of the company	Assistant managers

MEETING MINUTES

Meeting/Project Name:	Annual general meeting
Date of Meeting:  (MM/DD/YYYY)	4th and 5th may	Time:	9am to 3pm
Minutes Prepared By:	Assistant manager	Location:	Wiltshire Hotel
1. Meeting Objective
2. Attendance at Meeting
Name	Department/Division	E-mail	Phone
CEO	Company head chief
Board Of directors	Director
3. Agenda and Notes, Decisions, Issues
Topic	Owner	Time
4. Action Items
Action	Owner	Due Date
5. Next Meeting (if applicable)
Date:  (MM/DD/YYYY)		Time:		Location:
Objective:

Notice for staff meeting 

Bounce Fitness

Meeting of Staffs

Notice

Dear Sir/ Madam,

The Board of Directors is willing to report that the staff meeting of The Bounce Fitness Inc. will be hung on 1^st May 2019 (date), at 9am to 3pm (time), at Wiltshire Hotel (area). The Board urges you to go to this significant gathering. At this gathering, we will give gives an account of the board’s achievements over the previous year, the board’s capital undertaking plans for the following year, and the money related state of our affiliation. We likewise will choose Assistant Managers at the gathering. In the event that you are keen on running for a situation on the board, it would be ideal if you contact general manager recorded as a hard copy by 8am. We will likewise take selections for appointment of executives from the floor at the gathering. On the off chance that you can’t go to the yearly gathering, or are uncertain about whether you will visit, if it’s not too much trouble total the encased intermediary and return it to any board part or our overseeing specialist at ___________________________________ (address). On the off chance that you give an intermediary and, at that point go to the gathering, we will restore your intermediary to you at the gathering. We should build up a majority to direct business at the gathering, so it is significant for you to visit or give an intermediary.  As it is informed to you all that the annual general meeting is to be held on 4^th and 5^th of this month, so before that we have to prepare the agenda and notes from our side which is to be presented on the annual meeting. So, it is required to present all the staffs and the team of managers in this meeting with this prior notice.

Regards,

 Centre manager

Bounce Fitness Inc.’s USA

MEETING AGENDA

Meeting/Project Name:	Staff meeting
Date of Meeting:  (MM/DD/YYYY)	1st may	Time:	9am to 3pm
Meeting Facilitator:	Staff coordinator	Location:	Business Fit head office USA

1. Meeting Objective

2. Attendees
Name	Department/Division	E-mail	Phone
Assistant manaers
Centre heads
Staffs

3. Meeting Agenda
Topic	Owner	Time
Plannig
Routine meeting

4. Pre-work/Preparation (documents/handouts to bring, reading material, etc.)
Description	Prepared by
Documentation
Routine

MEETING MINUTES

Meeting/Project Name:	Staff’s meeting
Date of Meeting:  (MM/DD/YYYY)	1st may 2019	Time:	3pm
Minutes Prepared By:	Head of staffs	Location:	USA
1. Meeting Objective
Toprepare a report and analayis of the annual meeting
2. Attendance at Meeting
Name	Department/Division	E-mail	Phone
Staffs
Centre heads
3. Agenda and Notes, Decisions, Issues
Topic	Owner	Time
4. Action Items
Action	Owner	Due Date
5. Next Meeting (if applicable)
Date:  (MM/DD/YYYY)		Time:		Location:
Objective:

Agenda

Notice for Assistant managers meeting 

Bounce Fitness

Meeting of Assistant Managers  

Notice

Dear Sir/ Madam,

The Board of Directors is willing to report that the Assistant managers meeting of The Bounce Fitness Inc. will be hung on 12^th May 2019 (date), at  1.30pm (time), at Wiltshire Hotel (area). The mangers urges you to go to this significant gathering. At this gathering, we will give gives an account of the board’s achievements over the previous year, the board’s capital undertaking plans for the following year, and the money related state of our affiliation. We will plan a new routine for or centre as well as will discuss some new plans which will help in enhancing the performance of the centre. In the event that you are keen on running for a situation on the board, it would be ideal if you contact general manager recorded as a hard copy by 8am. We will likewise take selections for appointment of executives from the floor at the gathering. On the off chance that you can’t go to the yearly gathering, or are uncertain about whether you will visit, if it’s not too much trouble total the encased intermediary and return it to any board part or our overseeing specialist at ___________________________________ (address). On the off chance that you give an intermediary and, at that point go to the gathering, we will restore your intermediary to you at the gathering. We should build up a majority to direct business at the gathering, so it is significant for you to visit or give an intermediary.  As it is informed to you all that the annual general meeting is to be held on 4^th and 5^th of this month, so before that we have to prepare the agenda and notes from our side which is to be presented on the annual meeting. So, it is required to present all the staffs and the team of managers in this meeting with this prior notice.

Regards,

Assistant Managers

Bounce Fitness Inc.’s USA

MEETING AGENDA

Meeting/Project Name:	Assistant Managers meeting
Date of Meeting:  (MM/DD/YYYY)	12th may 2019	Time:	1.30 pm
Meeting Facilitator:	Assistant manager	Location:	Bounce Fit USA

1. Meeting Objective

2. Attendees
Name	Department/Division	E-mail	Phone

3. Meeting Agenda
Topic	Owner	Time

4. Pre-work/Preparation (documents/handouts to bring, reading material, etc.)
Description	Prepared by

MEETING MINUTES

Meeting/Project Name:	Assistant Managers meeting
Date of Meeting:  (MM/DD/YYYY)	12th may 2019	Time:	1.30pm
Minutes Prepared By:	Assistant manager	Location:	USA
1. Meeting Objective
To plan  the annual routine
2. Attendance at Meeting
Name	Department/Division	E-mail	Phone
Assistant managers
Centre heads
Instructors
3. Agenda and Notes, Decisions, Issues
Topic	Owner	Time
4. Action Items
Action	Owner	Due Date
5. Next Meeting (if applicable)
Date:  (MM/DD/YYYY)		Time:		Location:
Objective:

Task 3

Refer to the attachment 1

Conclusion 

 With the overall analysis of the report and the meeting report it can be concluded that the learner has observed and analysed the meeting on a proper manner as well as described and documented all the processes in an accurate manner.

References

Baker, M.A. and Morrison, R.L., 2018. Official Call: 2018 Annual Business Meeting of the American Osteopathic Association. The Journal of the American Osteopathic Association, 118(5), pp.296-296.

Corner, V.P.S., 2015. TASK.

Dijkhuizen, T. and Nijland, J., 2016. Shareholders’ Right to Put Items on the Agenda of the General Meeting. Colliding Perspectives on a Core Right of Shareholders. Colliding Perspectives on a Core Right of Shareholders (December 1, 2016).

Kramer, E., Bleck, F. and Bergman, E.M., MORF, LLC, 2016. Portable multipurpose fitness device. U.S. Patent 9,364,716.

Marchetti, P.H., Soares, E.G., Silva, F.H.D.O., Nardi, P.S.M., Serpa, E.P., Gomes, W.A. and Schoenfeld, B.J., 2015. Acute effects of stretching routines with and without rest intervals between sets in the bounce drop jump perfrmance. Int J Sports Sci Coach, 5(1), pp.1-5.

Masciandaro, D. and Quintyn, M., 2015. Institutions matter: financial surepvision architecture, central ban and path-dependence, general trends and the South Eastern European countries. South-Eastern Europe Journal of Economics, 8(1).

Mehta, A. and Garg, A., 2017. Business proposal for enchnt labs.

Order, I.C.T., 2018. Finance Committee Meeting AGENDA April 3, 2018 City Hall. AGENDA.

Sands, W.A., Varmette, M.K., Bogdanis, G.C., Donti, O., Murphy, B.V. and Taylor, T.J., 2019. COMPARISON OF BOUNCE CHARACTERISTICS ON THREE TYPES OF TRAMPOLINES. Science of Gymnastics Journal, 11(2).

Sweeney, S., 2018. Minutes of the ATLA Business Meeting, June 15, 2018. Atla Summary of Proceedings, pp.13-13.

Wise, P.H., Shaw, G.M., Druzin, M.L., Darmstadt, G.L., Quaintance, C., Mäkinen, E., Relman, D.A., Quake, S.R., Butte, A.J., Angst, M.S. and Muglia, L.J., 2017. Risky business: meeting the structural needs of transdisciplinary science. The Journal of pediatrics, 191, pp.255-258.