Professional Documents
Culture Documents
Shreya Singh
Shreya Singh
ON
INTERNET MARKETING AND ADVERTISING
OPPORTUNITIES FOR MARKETERS
BACHELOR OF BUSINESS
ADMINISTRATION
(Affiliated to Mahatma Gandhi Kashi Vidyapith Varanasi, Uttar Pradesh)
SESSION-2021-23
Under Supervision of: Submitted By:
1
DECLARATION
I, Shreya Singh, student of School of Management Sciences Varanasi. Hereby declare that
I have completed the project business model under the guidance and support of
Dr.Ashutosh Shukla.
The information that I have written in this project is original to the best of my knowledge. The
Shreya Singh
[BBA VI Semester]
Roll No B/23/180
2
ACKNOWLEDGEMENT
First I would like to thank almighty for keeping me healthy and active because of which I was
I express my greatest gratitude to our Prof. P.N. JHA (Director) of SMS, Varanasi who
gave me such a great opportunity to work on a project where I can show my creativity, my
mentor Dr. Ashutosh Shukla, Assistant Professor, SMS Varanasi for providing me
knowledge, guidance, and full cooperation extended during the perusal of my project.
And at the last but not the least I would like to thank Mr. Rohit Mehta (Associate
Professor) Coordinator of BBA, SMS VARANASI who helped me and enlighten my path.
This report is the outcome of the support which I have received from people directly or indirectly.
Finally, I would like to show my gratitude to all my family members, friends, faculty
members of SMS, Varanasi whose guidance have helped to complete this report.
Thanks!
Shreya Singh
[BBA VI Semester]
Roll No B/23/180
3
TABLE OF CONTENT
1. CERTIFICATE 3
2. DECLARATION 4
3. EXECUTIVE SUMMARY 7
4. ENTERPRISE DESCRIPTION 18
5. INDUSTRY ANALYSIS 34
6. COMPETITION ANALYSIS 40
7. SWOT ANALYSIS 44
12. LIQUIDITY 70
16. CONCLUSION 74
4
LIST OF FIGURES
1. COMPANY’S LOGO 10
4. GROWTH POTENTIAL 17
5. YOGA POSE. 1 20
6. YOGA POSE. 2 21
7. YOGA POSE. 3 21
8. YOGA POSE. 4 22
9. YOGA POSE. 5 22
5
EXECUTIVE SUMMARY
6
EXECUTIVE SUMMARY
Yoga studios are developed for the benefit of the people and society through practicing yoga.
This consists of techniques and postures that are required for proper living and Health. yoga
helps in stabilizing the mood and emotions by helping an individual to grow in themselves
with the help of spirituality. The purpose of yoga studio is to serve people with consistent
efforts of making an individual learn about yoga asana. It’s a place where an instructor is
hired that helps everyone perform the yoga easily and properly. yoga strengthens the body
Instructors are there to guide and help the clients in making things easier yoga has been
practiced since ages and the Sanskrit word for yoga is [union]. It’s a practice of physical
workout breathing techniques and relaxation process. for attaining peace and growing
spirituality is the very basic element of yoga . it helps in focusing an individual for inner self
and inner peace that is lost in the busy schedule he or she performs every day. Yoga involves
both mind , body and spiritual sense. For harmonizing the inner self yoga has been practiced
from ages till the date of today where it is very much necessary to control the anxiety and
stress.
For becoming more fit and flexible yoga is a really important function to be performed , as it
should be a part of everyone’s life and its awareness has to be spread more and more so that
every individual can perform it and live their life in a healthy way. Today’s modern era has
also started following the yoga asana so to improve their life and be stress-free with its
yoga studio has been on trend and growing really rapidly with every passing year. Also
government is taking steps towards healthy living of peoples which is helping the
entrepreneurs to have vast opportunities to help others as well as growing of self and the
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economy. So yoga studio can definitely enhanced the living as well as lead people to live a
very much grateful life through yoga poses and postures that help in strengthening the body
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LIVEFREE YOGA CENTRE
“YOUR WAY TO HEALTH”
for the heavenly light in you also I realize that we are one. We are so glad to have you here
with us on this excursion into oneself! This is an propelled an open door to partake in the
advantages and ecstasy of being in excellent nature, as extend your association with your
body and psyche, local area and your training. Yoga in a real sense signifies "association" or
"to burden" our ordinary selves with our most noteworthy most heavenly selves. Yoga is an
amazing asset that shows us how to carry on with an existence of equilibrium, harmony,
concordance, strength and adaptability on all levels. A trained act of yoga has the
groundbreaking advantages of extending our association with the body, mind also soul,
supporting us in living and cherishing long, dynamic, cheerful, sound and satisfying lives.
Fig. 1
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Description of Business
With LIVEFREE YOGA STUDIO the services we want to offer includes health and
welfare of the individual as well as the society. As every individual in their daily life s goes
through a lot of anxiety, stress and fear. With the help of our service the individual can enjoy
the space we will provide to them as it is almost impossible in today’s date , hectic and busy
schedules have led to number of diseases where one gets struck in their life s and can’t find
Here we will take the initiative to providing a surrounding where one can improve their
vitality and energy by performing yoga as well as strengthens their mind with different
methods that we will be using on them to maintain a healthy lifestyle with the help of
Talking about survey it’s a method where we will provide some questions to our clients and
will check according to the scaling of score about the results that have been filled up by the
clients .Whereas questionnaire are those that itself consist of questions by the developer of
the article accordingly to which the clients answers .By this method we get to know our
clients better .
Forming a relation that is based on good bound is very much necessary for which we will
also perform feedbacks filled by our customers at the very end of the month so that we
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Fig. 2
Fig. 3
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THE SERVICES THAT WE WILL PROVIDE WOULD CONSIST OF.
• Yoga studio will also take feedbacks so as to bring any further improvement.
• Better and can shares his thoughts about life which will motivate others and set
• Instructors to help and prominent efforts to make an individual learn yoga specially
for beginners.
• Not only yoga but also psychological methods performed for checking the stress
or anxiety levels
• Serve people with best results by continuously checking the progress from their
routine practices.
• Skilled yoga therapist for improving diseases like diabetes ,migraine ,blood
pressure, arthritis, pain in certain small injuries.
• Yoga specialist for pre and post workouts for women who need special attention and
care.
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The Market
• 20 to 40 year females .[The locality of our yoga studio is BRIJENCLAVE that has
more than 600 peoples around its colony which is widely spread .We will target the
colony females as there is only one park in the colony which creates difficulty in
having own space for doing a walk or even any kind of exercise .So providing a yoga
• Other than that POST AND PRE MATERNITY will also be focused as we are
hiring specialized therapist that will help in yoga sessions created for the purpose of
such stages where activity of an individual women gets important and require special
care.
but the hectic times either for student or for the men have become difficult so they
tend to find some place where they can relax themselves and can have their own time
individually]
• Old peoples too need care and yoga poses help them in controlling and stabilizing
their emotions as well as their health in that matter .Certain attention will not only
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GROWTH POTENTIAL
will start practicing yoga .As in INDIA yoga studio business has expanded to 8000 crore
which explains its importance and its growth due to its popularity .In todays modern times
peace and stability of emotions has been missing causing significant disturbance in everyday
action of an individual. Though government and their initiatives are leading to more growth
in yoga.
Fig. 4
SOURCES OF FUNDING:
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ENTERPRISE DESCRIPTION
15
ENTERPRISE DESCRIPTION
On the note of description the business of LIVEFREE YOGA STUDIO will work on the
principle of wellness and care in low prices with good facilities so that everyone can join us
and give us the opportunity to serve them As we all go through some phrases of life where
we feel the need of peace and stability of emotion. Having a space for relaxation and calming
of self is important. A yoga studio can definitely help in providing that environment.
As health concerns are growing a yoga studio can improve the daily functions
of an individual by providing more energy and brighter mood also empower them to live a
healthy life because nowadays diseases are growing fast and causing great threat to the
humans .According to ECONOMIC TIMES INDIA has very high rate of growth in the
diseases like;
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DIABETES- 30 Million ARTHRITIS-180 Million
Such huge rates of growth shows obvious concerns for health issues and also to prevent or
reduce .It is important to take steps regarding keeping the health in control through various
measures .As yoga is a great way of being healthy and removing or reducing stress from life.
Fig. 5
BRIDGE\BANDHA SARVANGASANA
It is the pose used to strengthens the spine ,chest, also the hip joints and the improvement of
spinal cord flexibility .It also reduces the stress and help in insomnia while can also cure
depression.
Fig. 6
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CHILD POSE\BALASANA
It is a type of pose resembling rest which helps in back and neck pain .It is one of the calming
Fig. 7
EASY POSE\SUKHASANA-
This pose has several benefits as it help in calming the body instantly .Also eases the menstrual
pain and anxiety.
Fig. 8
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TRIANGLE\TRIKONASANA
This posture help in maintaining the flexibility of the body, calms the heart and support the
spinal also helpful in relief of the stiffness of the shoulder and the neck.
Fig. 9
CHAIR\UTKATASANA
This pose helps in strengthening the ankle calves shoulder and back .Also stimulates the
Fig 10
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TREE\VRKSASANA
This posture is not a resting pose .It helps in stabilizing the distribution of weight and insures
Fig. 11
BOAT\NAVASANA
This is a difficult pose though it helps in building a strong core for abdominal and also helps
in blood circulation.
Fig. 12
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CORPSE\SAVASANA
It is an important posture which helps in rejuvenating of the body and the mind while
Fig. 13
This helps in improving the core strength while allowing to stretch the shoulders.
Fig. 14
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Innovativeness of Business
Fig. 15
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Fig. 16
27
• Skilled specialist for teaching yoga as well as through different psychological methods
• Social group formed in yoga studio so that people can overcome their fear and talk
about their life experiences and the things they want to share.
• Communication skills are something that is important for attracting the customers as
well as to connect with the customers that are coming as a client to do yoga .As a
• Special instructors for pregnant women s in pre and post maternity period.
As yoga studio has a wide scope and chance of sustainability because of no. of diseases,
hectic schedules ,and no peaceful time for self which result into an individual seeking for a
space for some self-love that could be very easily provided in a yoga studio where one can
As yoga is a great practice for the body and brain by growing spiritual .Stress can encounter
in anyone life at any time so by serving with yoga we can enrich the humanity living and
bring positivity for one and all .As urbanization has totally eliminated the concept of peace
We cant remove such environment built can definitely work in a better way so to provide an
atmosphere that is eco 0friendly as well as peaceful .So in that scenario a yoga studio will
surely complete the need for the space as required by an individual .There is a growing
demand for yoga studios also after the pandemic that has brought huge importance to the
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As since ancient times yoga has been a part of peoples life. Considering all these points in
mind yoga studios are important and are the urge for such time where peoples are borne to
diseases and are living unhealthy lifestyles that is degrading their sense and selflessness.
Approaching towards a better lifestyle is an important as other things. Maintaining a life full of
Fig. 17
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Service Description
THE SERVICE OF LIVEFREE YOGA STUDIO is that we are going to provide our
clients with the best stress management techniques by giving them tips and tricks .Also by
making them self aware about their thoughts by harmonizing their body and the spirit with
• Through therapist and instructors that are skilled will provide all possible help to the
• With our affordable rates more people can reach for yoga studio and can help us in
• Focus on clients that are new for yoga and make them help in understanding the whole
concept.
• 4 days classes in a week with a session of 1 hour in which different kinds of yoga will
be involved where the instructors will guide the clients clearly and will teach them
• Group discussions will also be a part 0f session when mentor will ask from the
clients about their experiences and their life and also the feedbacks related to yoga
• Gentle yoga for older people so that they can perform the posture easily and conduct
it according to their comfort in which the instructor will help them out.
• Giving them service that will satisfy the clients as well as provide them a sense of
improvements that will surely transform their life for the better.
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• Recommendation for diet, changes of habits , involvement of new habits or routine
that will play major role in the emotions of transformation resulting into a purposeful
life.
• In very last day of the week -a questionnaire will be filled by the clients that would be
done so that changes could be noted about every individual and observations could be
made regarding each clients by making them fill the form of questions related to their
life.
Fig. 18
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INDUSTRY ANALYSIS
32
INDUSTRY ANALYSIS
The LIVEFREE YOGA STUDIO is going to be in the location near Sunderpur Varanasi
where approx. 600 people lives around the studio .The service sector is growing gradually
in Varanasi as no proper promotion was done and many other lacking factors behind it .As
per the study of ECONOMIC TIMES [THE AYUSH MINISTRY estimates at Rs. 490
billion of which 40 percent goes to wellness services . Yoga is getting popular day by day as
also Covid -19 increased the value of yoga that makes it worth involved in the life.
• Nowadays practitioners are very much concerned about their self as the matter of
• In Varanasi there are almost 12 yoga center which around 5 percent of the population
Fig. 19
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PESTAL ANALYSIS
POLITICAL FACTOR
Fig. 20
SOCIAL FACTOR
1 .Age distribution
2. Income distribution
ECONOMIC FACTOR
TECHNOLOGICAL FACTOR
2. Difficult access
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9 BENEFITS OF YOGA
Assuming that you've done your "descending canine" yoga present today, you're most
likely inclination more loose. No matter what your degree of yoga skill, in the event
that you're rehearsing routinely, you can feel better from head to toe.
Fig. 21
Yoga offers physical and psychological wellness benefits for individuals, everything being
equal. What's more, on the off chance that you're going through a sickness, recuperating
from a medical procedure or living with a persistent condition, yoga can turn into an
A yoga advisor can work with patients and set up individualized plans that cooperate
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with their clinical and careful treatments. Like that, yoga can uphold the recuperating
system and assist the individual with encountering manifestations with more
Sluggish developments and profound breathing increment blood stream and warm
Balance on one foot, while holding the other foot to your calf or over the knee
(however never on the knee) at a right point. Attempt to zero in on one spot
developing versatility in individuals with lower back torment. The American College
of Physicians suggests yoga as a first-line therapy for constant low back torment.
Get down on the ground, setting your palms under your shoulders and your knees
under your hips. To begin with, breathe in, as you let your stomach drop down toward
the floor. Then, at that point, breathe out, as you draw your navel toward your spine,
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3. Yoga can ease joint inflammation manifestations.
delicate, enlarged joints for individuals with joint pain, as indicated by a Johns
Normal yoga practice might lessen levels of pressure and body-wide irritation, adding
Get down on the ground, then, at that point, fold your toes under and bring your sitting
bones up, so you make a triangle shape. Keep a slight curve in your knees, while
Research shows that a reliable sleep time yoga routine can assist you with getting in the
right outlook and set up your body to nod off and stay unconscious.
Sit with your left side against a divider, then, at that point, tenderly turn right and lift
your advantages to lean against the divider, keeping your back on the floor and your
sitting bones near the divider. You can stay here for 5 to 15 minutes.
6. Yoga can mean more energy and more brilliant states of mind.
You might feel expanded mental and actual energy, a lift in readiness and excitement, &
less gloomy sentiments subsequent to getting into a daily schedule of rehearsing yoga.
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7. Yoga assists you with overseeing pressure.
As indicated by the National Institutes of Health, logical proof shows that yoga
upholds pressure the board, psychological well-being, care, good dieting, weight
Fig. 22
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Rests with your appendages tenderly loosened up, away from the body, with your palms
looking up. Attempt to clear your brain while breathing profoundly. You can hold this
Taking part in yoga classes can ease forlornness and give a climate to bunch mending
Fig. 23
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A set of specific exercises, called poses, combined with specific breathing techniques
and meditation principles are the building blocks of a yoga class. If a pose causes pain or
proves too difficult, there are variations and modifications that can be made to help
students. Props like blocks, blankets and straps — even chairs — can be used to help
you get the most benefit from the poses. Yoga is not one-size-fits-all: The best yoga
workout for you will depend on your individual needs and goals.
The benefits of a regular yoga practice are wide-ranging. In general, a complete yoga
workout can help keep your back and joints healthy, improve your overall posture,
stretch and strengthen muscles and improve your balance, says Roger Cole, Ph.D., a
psychobiologist and certified Iyengar yoga teacher. Yoga also has “a restorative side that
is deeply relaxing and rejuvenating,” Dr. Cole says. “Relaxation is built into every yoga
session.”
In addition, yoga’s focus on the breath can calm you and help you learn to be more
mindful of your body, says Dr. Timothy McCall, the author of “Yoga as Medicine,” and
benefits of yoga.
• Reduce back pain: Weekly yoga classes relieve symptoms of low back pain about
• Strengthen bones: In one small study, yoga practitioners were shown to have
increased bone density in their spine and hips, compared to people in a control group.
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• Improve balance: Male athletes in one study displayed better balance after 10
weeks of yoga classes than a control group of athletes who did not change their routines.
• Stave off mental decline: In one study, participants who did a combination of
test of visuospatial memory, a type of remembering that is important for balance, depth
perception and the ability to recognize objects and navigate the world.
• Reduce stress: A study of 72 women found that Iyengar yoga helped reduce
mental distress and the related psychological and physical symptoms of stress.
Fig. 24
Yoga is tied to ancient Indian philosophy, so yoga poses have both Sanskrit and English
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But even if you have never tried a yoga class, you may already be familiar with some
Trainers and fitness classes around the world, not t o mention college and professional
sports teams, are including yoga into more traditional workouts as a potent form of
mind-body conditioning, helping athletes to breathe better and increase their focus.
The Seattle Seahawks and Los Angeles Clippers, for example, practice yoga in a team
setting, and many top sports professionals, including the basketball star LeBron
James and the tennis champion Novak Djokovic have incorporated yoga into their
training programs.
complement to more athletic, explosive and calisthenic endeavors,” says Derek Cook, a
The Breath
Breathing techniques are an essential part of yoga — not only do they help you to stay
focused while practicing yoga, they can also help reduce stress and relax the nervous
Yoga breathing techniques also offer a “ way into meditation,” says Elena Brower, a
yoga and meditation teacher and the author of “Art of Attention.” Ms. Brower says
that more people who have in recent years focused on the physical aspects of yoga are
moving toward meditation, as they find “they have an i ncreasing need to have time to
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Here are a few types of breathing techniques that may be included in a yoga class:
Abdominal Breathing: Also called diaphragmatic or belly breathing, this is the most
common breathing technique you’ll find in basic yoga. It helps foster healthy, efficient
breathing in general.
Fig. 25
Try it:
Ujjayi or “victorious” breath: This type of deep breathing allows you to slow and
smooth the flow of breath. It is often used in flow classes to help students regulate
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Try it:
1. Constrict the muscles in the back of your throat and breathe in and out with your
mouth closed.
2. Some say this breathing technique sounds like Darth Vader; others say it sounds
like the ocean. In any case, the sound should be audible to you only; your neighbor
to pauses and hold the breath during the inhalation or exhalation, or both. It is a good
way to begin to learn to control the breath, especially if you are looking to try more
Try it:
1. Inhale fully.
3. Pause.
5. Pause.
7. Repeat.
8. If you like, you can then do a couple rounds of interrupted breathing during
exhalation.
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Alternate nostril breathing: This technique is said to be effective in balancing the
Try it:
1. Hold one nostril closed and inhale through the open nostril.
3. Switch your hands and block the open nostril, releasing the closed nostril.
6. Pranayama (प्राणाायाम prāṇāyāma), is one of the eight limbs that form the structural framework
of yoga. Pranayama is a combination of two words from the ancient Indo-Aryan language
Sanskrit. Prāna, refers to life force or vital energy, "āyāma," refers to suspend or restrain.
Often translated as control of the vital energy. In yogic terms it is interpreted as "breath
control".
7. The goal of pranayama is to train people to prolong and regulate their breathing in simple
way, thus obtaining both physiological benefits as well as clarity of thought. Pranayama is
meant to train people in a method that is intuitively designed, easy to understand, and suitable
for both beginners and advanced practitioners of yoga. Pranayama exercises can be
approached without a lot of training or effort, thus lowering the barriers to getting you started
8. Universal Breathing by Saagara is a training tool that uses music and animated visuals that
guides you to breathe slowly and deeply using your diaphragm. Slow diaphragmatic breathing
has been shown to have multiple health benefits. It allows a more healthful state to be
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experienced and has an almost immediate relaxing effect. It has also shown to lower blood
pressure and heart rate naturally, increases stamina and overall fitness.
9. When you practice Pranayama, you are guided through four distinct stages of breathing,
Fig. 26
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COMPETITION ANALYSIS
47
COMPETITORS
• In Varanasi there are many studios that are popular among the cities namely BANARAS
Fig. 27
48
YOGA TRAINING CENTER
Fig. 28
Finally we are operating from a small space because we want to expand it slowly as there is
very less knowledge about yoga and its growth is also low as compared to other cities. We
1- We are different from our competitors as there is no pre and postnatal yoga.
2- We perform specific surveys with our clients that can help them overcome their fears
It is a type of discussion at the end of the week where people will share their experience and will
50
Fig. 29
51
SWOT ANALYSIS
STRENGTH
We have kept affordable range for the people who want to join yoga studio. The location of
our studio is good of us with some good amount of customers. Our expense is not that high as
Providing various range of services with shifts that would be easy to attend. Conducting pre
and post maternity sessions which makes it different among others. Providing beautiful
decorated atmosphere to our customers that will add on to their experience. Conducting
WEAKNESS
We are new in the market with our services Having less no. of instructors and therapist.
OPPORTUNITIES
Less competition as compared to other cities which gives us immense scope to flourish. Due
to pandemic health concerns have raised which also gives us opportunity to show our services
in a much better way. Government policies have been supporting yoga institutes and centers.
THREATS
Attracting the customers as there is less awareness about yoga studios. Maintaining the
In this modern era online yoga classes have been on trend which poses to be a threat.
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MARKETING SUB- PLAN
The Service
Focused on the health and welfare of the individual as well as of the society. Also involving
psychological methods which are a total new factor to the yoga studios.
• With our service we want to create our image as a studio that stands for people and with
the people in every day sessions of our classes. By creating a bond that is stable by providing
• With skilled specialist of pre and post maternity for women also involved in yoga
Fig. 30
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• Also involving psychological methods which is a total new factor to the yoga studios.
• SILVER SESSION-RS.2500
• DIAMOND SESSIONS-RS.3500.
• In the first session of silver we are allowing 20 people to practice at a time with the
• In the second session of gold we are allowing 10 people to practice at a time with the
• In the third session of diamond we are allowing 5 people to practice at a time with the
timing of 4;00 am to 5;00 am.
• In the forth session of diamond we are allowing 5 people to practice at a time with the
timing of 5;00 pm to 6;00 pm.
Fig. 31
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THE CUSTOMER
According to wellness.com in india 16.35 percent of the adults practice yoga. 62 percent
Mainly we are focusing women consisting with the age 20 percent to 40 percent
• Older people are also in our consideration for which we will hire
therapist that will improve their disease and reduce if any stress is
present.
• With children we have sessions that will include children above 12 .As
health concerns are growing and parents want their children to have good
to our clients.
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PRICING
AS DISCUSSED BEFORE HERE IS OUR PRICING STRETEGY.
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PRICING DECISIONS
WE have choose the price ranging from 2000 to 3000 only because we want to reach out to
all those who cant afford high budget and thus lack to perform steps regarding their wellness
.With an affordable range we will target middle class family that can easily pay the amount
and get benefitted while other yoga centers are charging high which lead to low no. of
participants as yoga have very little awareness among the little awareness among the people
of Varanasi.
Fig. 32
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PLACE
We selected as our place to build the LIVE FREE yoga center .As it has a very big society
consisting of more then 600 people including middle class and high middle class.
Customers can gain access to this place easily and within 10 minutes of way that is
SUNDERPUR which is a big market so the location for our studio is a good opportunity for
us to attract new customers. It would provide ease to those from the commercial or residential
Buying a hall on rent so that if necessary in future we can opt for any other place.
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Fig. 33
Fig. 34
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PROMOTION
• Pamphlets
Fig.35
COMPETITORS
Promotional ways are not that much effective as there is very less awarness about yoga
among people of varanasi . Only pamplets won’t be that much effective in todays
modern era.
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Marketing And Sales
The advertising segment addresses the inquiry, "How might you draw in and hold
not, nobody will realize your studio exists. This some portion of your marketable strategy
• Nearby occasions.
The deals segment traces the excursion of a solitary client. Here, you ought to incorporate
every way a client finds your studio and pays for a class, including:
• In-person disclosure.
Depict how a client finds your business through every one of these techniques, pursues a
class, transforms into a rehash client and in the long run buys a participation. The studio the
board programming you pick can have a major sway on your showcasing and deals
viability. Does your programming permit your clients to book your classes through online
channels like Facebook, Instagram and Google? Makes it happen effectively support
enrollment set up? Does the product put your offers straightforwardly before buyers in your
market?
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OPERATIONS SUB-PLAN
63
OPERATIONS SUB-PLAN
We are going to buy a hall sized room that is going to cost us 12000 that is near BLW the
place we have choose is easily accessible just with the distance of 15 minutes (a busy market
is present called Sunderpur which is a very well-known area in Varanasi) The equipment
required in yoga center are yoga mats, shape, blanket, meditation cushion, chair.
They are choose of all kinds of classes that is low, middle and upper too. So according to
As we will develop contacts in certain months and will try to exceed our service to a large
level by facilitating with all dedication by focusing on every client we serve so that they can
As we are going to operate at a same place and hiring people working as an employee .So
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HUMAN RESOURCES SUB-PLAN
65
Human Resource Sub- Plan:
With human as a source –any business work effectively and efficiently . Maintaning a good
• Maintaining Structure
•Senior Manager
• Operational Manager
→ Yoga instructors
→ Yoga teacher
→ Yoga therapist
→ Yoga specialist
Yoga Instructor–Main duty for yoga instructor is to create a curriculum and lead groups
through various levels and types of yoga practice. To demonstrate practice and technique.
Yoga (aerobics)-Some yoga instructors are expert in yoga as well as in aerobics which help in
Yoga Specialist – They are expert in certain areas where they help with body postures and try
to eliminate certain kind of disease to improve it bring the condition to a better state.
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→ 4 days sessions in a week
• Maintaining clean surrounding is also impostant and so for that a part time cleaning staff
will be kept to contribute with daily hygene.
• Looking forward for skilled yoga specialist and instructors is really crucial these days to
get a instructor who knows well about yoga.
[Trained employee in yoga with atleast 6 months of training experience would be hired
Fig. 36
67
FINANCIAL SUB-PLAN
68
FINANCIAL SUB-PLAN AND FUNDING
A monetary viewpoint assists you with overseeing spending and, I fundamental, persuades
financial backers to finance your business. As it were, this is the main piece of your
marketable strategy. Class portrayals and advertising techniques are extraordinary, yet
none of it will work without strong accounts. Make a course of events of monetary
contemplations that will take you through the following five years. Make certain to
incorporate
• Fixed costs, similar to lease, worker pay and other repeating installments that don't
change a lot.
Include considerations that will affect your financial sub-plan such as:
• Class costs.
• Support costs.
• Charges.
The funding page is the place where you'll clarify what help you'll require, how lengthy you'll
require it and what you intend to utilize it for to a bank or financial backers. Be just about as
point by point are conceivable here; you need them to be totally guaranteed that your business
is a wise venture.
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Percentage of Profit
Fig. 37
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Revenue Model
Expenses :
Straps : = 5000
Blankets : = 5000
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Meditation Cushions :2000
Chairs :15000
TOTAL=8,00,000
Profit =5,80,000
So in our yoga studio we are focusing on the web world for the effective results.as everyone is
Internet and have access to it which makes communication easy in that matter.to promote our
service we are taking the help of the internet in which thousands of people can get to know
about our service and thus awareness would be spread among the people of Varanasi.
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Expensive Rates Yoga Sessions
Hectic Schedules
FINANCIAL SUB-PLAN
Business is all about the management of products, services and money. To enable
These are therefore a very powerful and essential reporting mechanism requiring high
priority attention. Successful businessmen understand how money works but need to
Calculate the break-even point of your business and h ow soon you can reach it. Take
Indirect costs, for example rent and service charges, need to be included in the general
overheads and a proportion of those general overheads will need to be added to the cost
of each product to arrive at its true cost. The principle is that overheads als o need to be
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covered and therefore "the overhead recoupment cost" is an important financial that
needs to be kept up to date to make sure that your sales prices cover all the costs of
• Give the amount of overdraft / funds needed as shown in the cash flow forecast.
• Over what period will loan/overdraft be repaid and are these repayments included
in the cash flow forecast?
• How much do you and your partners plan to invest in the business?
• Do you have any contingency plans if your sales turn out to be lower or the costs
higher than your forecast?
Fig. 38
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THE BUDGET
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THE BUDGET
As shown above are the budget representation of the yoga studio with the profit mentioned in
it at the very first year we are not changing the prices as our business is newly introduced
and also with the concern of our target market that is mainly middle class families.
Fig. 39
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Fig. 40
But in the year 3rd we are increasing the price by 500 of the gold and diamond session . We
have done no changes in the silver session as we still want to keep it affordable for those
who want to spend less and are new learners for yoga sessions .we will also spread our
promotional strategies in and around the studio by increasing our network with the help of the
internet that is growing really fast in the modern era and is really helpful in the promotion of
business .
We have focused on our employees also and increased their wage by 10 percent with every
customers principles as well as our ethics for yoga. So our studio is really focused and clear
towards its duty for the individual and also the society.
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LIQUIDITY
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LIQUIDITY
Fig. 41
As we all know the asset that is most liquid and tangible is cash. The movement of cash is the
• Market liquidity
• Accounting liquidity
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SELECTED OPTIONS AND CRITICAL MEASURES
Worldwide Day of Yoga (21 June) not just praises an old physical and mental practice which
began hundreds of years prior in India, yet additionally the many advantages of rehearsing
yoga as an approach to living that keeps on filling in notoriety all over the planet.
The COVID-19 pandemic and going with lockdown measures have flipped around balance
between fun and serious activities. Limitations in numerous European nations and across the
globe have brought about individuals being bound for a really long time in their homes that at
This has placed gigantic strain on individuals' physical and mental prosperity, while exercise
In most European nations, rehearsing open air sports while physical removing is presently
commonly allowed. Bit by bit, measures for indoor games are likewise being loose, with rec
centers and studios resuming in nations across the landmass. In Italy, for example, rec centers
and pools returned in many locales on 25 May, with severe physical removing rules, however
not in Lombardy, the focal point of the nation's emergency. In Belgium, one of the hardest hit
nations, indoor studios resumed on 8 June. In the Netherlands, be that as it may, they stay
shut.
Yoga can be an amazing asset to manage the lockdown's vulnerability and disengagement, as
well as to keep up with actual prosperity. During lockdown and in its fallout, an expanding
number of experts have gone to online yoga classes to recapture equilibrium and strength. It
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THE MILESTONE SCHEDULE
MILESTONE Is a business plan basically consist of the explanation and detailing of the task
done by the task owners that are involved in the business formation .Without accountability
and record of the steps, the business goes to waste. So it is necessary to implement the
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CONCLUSION
The conclusion from the above information is that we want every individual to perform yoga
and implement it in their daily life which will help them in relaxing their mood as well as
will reduce the emotional barrier of stress and anxiety that has become very common these
days growing.
Spirituality and harmonizing the self for inner peace is very much necessary and vital for
everybody.by this process we will not only provide employment but also improve the
standard of living. With deep analysis of environment and its need a yoga studio plan would
A careful field-tested strategy serves two significant capacities. It's a manual for getting your
Consider this arrangement gathering all that you really want for progress previously getting
everything rolling. Investigating areas, picking studio the board programming, organizing
with clients, getting subsidizing - a marketable strategy diagrams these means. When you
open your entryways, your field-tested strategy will be a manual for help you en route.
Coupling it with yoga studio the board programming like MINDBODY, you're set for
progress each progression of your excursion. Congrats, best of luck and realize that we're
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