Bounce Fitness will take pre- and post- weight, body mass and blood pressure measurements. They will supply a daily class on weekdays. Each class is designed to be encouraging and fun and also deal with weight, flexibility and diet. Those attending will be encouraged to stay and enjoy a free lunch that is healthy and light and to converse with others pre- and post- training. They will also be shown how to use the equipment and how to maintain their fitness through additional daily gentle exercise at home and diet changes. The lunch will cost Bounce Fitness $15 per head per class. It is recognised that the emotional needs including managing depression, companionship and general interest in becoming more active in their lives generally should also be impacted positively. Testing supplied by Bounce Fitness will include weight, body measurements and mass and blood pressure initially and monthly thereafter. This will require the purchase of 6 Mobile Mercury Sphygmomanometers for each Centre at a cost of $199 inc. GST each. All other testing will be undertaken by the Ministry of Health. So the outcomes for Bounce Fitness will be in terms of client physical success factors and profitability. As this is a government tender, complete and accurate record keeping is essential. Current staff will be able to manage the new clients but will need to update their training in the monitoring and recording of the client physical markers and diet appropriate to that age group. This training cost will be budgeted in the infrastructure costs for one month before the commencement of the program at $1,500 for the month. Otherwise they need no further development. Infrastructure costs include use of the facility, wear and tear on carpet and equipment, cooling and administrative costs. This is $3,000 per Centre. There is a month to prepare and the plan will run as a pilot project for three months. The budget for this pilot follows. CASH FLOW BUDGET Plannin g Month Act ual Pilot Octobe r Act ual Pilot Novemb er Actu al Pilot Decemb er Act ual Total Beginning Cash Balance $0 $139,2 24 $91,224 $43,22 4 Cash Inflows (Income) BSBMGT517_BSWOR501 Student Assessment Tasks V2 4 October 2018 Page | 9
Total Cash Inflows $150,0 00 $0 $0 $0 $150,000 Available Cash Balance $150,0 00 $139,2 24 $91,224 $43,22 4 Cash Outflows (Expenses) Infrastructure costs 6,000 6, 00 0 12,000 12, 000 12,000 12,0 00 12,000 12, 000 84,000 Sphygmomanometer 4,776 4, 77 6 9,552 Light Lunch 36,000 36, 000 36,000 36,0 00 36,000 36, 000 216,000 Total Cash Outflows $10,77 6 $48,00 0 $48,000 $48,00 0 $154,776 Ending Cash Balance $139,2 24 $91,22 4 $43,224 ($4,776 ) Refer to the virtual company “Bounce Fitness” and research and analyse this company and a. list all the documents and resources you will require which will assist you with the development of an operational plan. b. Analyse the budget, review the expenses and discuss any variances that would benefit the company in the future (Guide: 150 to 200 words).
- Two '17
- Management, bounce fitness