wellness center

₹4,999.00 – ₹71,999.00

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wellness center Business Feasibility Study Report(BFSR) + Business Plans(BP) ₹71,999.00 instock
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wellness center Business Feasibility Study Report(BFSR) + Project Report(PR) ₹62,999.00 instock
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wellness center Detailed Project Report(DPR) ₹49,999.00 instock
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wellness center Business Plans(BP) ₹59,999.00 instock
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wellness center Business Modelling(BM) ₹4,999.00 instock
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wellness center Business Feasibility Study Report(BFSR) ₹19,999.00 instock
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Description

The Indian economy has developed as the fastest-growing economies of the World. This growth has driven by technological advances and industry innovations in many sectors. One of the essential elements of this growth has been the Indian Healthcare and Wellness Industry. In the healthcare industry, there is an emerging business that is gaining a lot of attention from the people, i.e., wellness center.

A wellness center is an establishment that offers health services for the body and mind. Wellness centers usually offer skin care services and body services such as fitness, yoga, massage therapy, personal training, and nutrition consulting. Some wellness centers offer more alternate services such as Holistic therapies, Hypnotherapies, Reflexology or acupuncture.

The wellness industry in India has evolved rapidly from its nascent unstructured beginning in the early 90’s to a comprehensive ecosystem today including consumers, providers, adjacent industries, facilitators and Government.

The potential for wellness services has developed over time with the modernization in the ancient culture. It is begun by positioning India as a center of Ayurveda, Yoga, Siddha, Naturopathy, etc. together with the spiritual philosophy that has been integral to the Indian way of life.

On the other hand, today’s generation is very conscious about a personal appearance, health, diet, which is directly pushing the demand for spa & beauty services, fitness, slimming, and rejuvenation. Also, the growing motivation for healthy and better living, linked with time limitations, gives acceleration to various services of a wellness center.

The global health & wellness market is expected to reach US$ 24.1 billion by the year 2022, with a CAGR of 6.78%. This gives various opportunities for the health and wellness sector.

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Business Feasibility Study Report(BFSR), Business Modelling(BM), Business Plans(BP), Detailed Project Report(DPR), Business Feasibility Study Report(BFSR) + Project Report(PR), Business Feasibility Study Report(BFSR) + Business Plans(BP)

Business Feasibility Study Report

This report explores the feasibility and probability of becoming a new success in the home healthcare industry. The function of this report is to help decide if the project will become viable or not. The feasibility report will give an idea about how wellness centers can work on a long-term basis or face financial risks that may come. It is also helpful in recognizing potential cash flow for the wellness industry. When it comes to the operational aspect, the analysis defines whether the plan has the necessary resources for it to be possible. Additionally, it gives information about the trends, present-future market, and analyzes the expected growth of the Healthcare industry sector.

Basically, Business Feasibility Study should be carried out during the discussion phase of the business development cycle earlier to the initiation of a formal business plan.

Report Highlighting Point:

  1. Business Feasibility: Study of Micro and Macro elements of the Business.
  2. Market feasibility: Includes Market Insights, Market Potential for the Product and/or Services, etc.
  3. Technical and Financial Feasibility: List of Plant Machineries/ Equipment, Laboratory Setup, Calculations on Operating Cost, ROI and BEP.
  4. HR and Infrastructural Feasibility: Location, Building, Utilities, Manpower Requirement, etc.

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Business Modelling

A modelling report of the wellness center explains the best possible alternatives along with the profitability and the demand and supply matrix in the industry. This report will help you in understanding which model is suitable for your business and how the wellness center will work in an optimized manner. Provide a proper schedule of the project, prerequisite of the business which will be beneficial for the user and provide an idea about which model is more profitable than others.

Report Highlighting Point:

  1. Business and Concept
  2. Market Research and Analysis
  3. Feasible Business Models
  4. Budget Calculation for Each Model

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Business Plan

Whether it is the beginning of the wellness center or expanding an existing one, a business plan is an essential document. It is a blueprint that will provide greater accuracy on all aspects of business, from designing, operating to marketing and finance.

Many business experts acknowledge that having a great business idea is not enough. Even great business idea could be of no use if can’t get executed or implemented strategically. These are the reasons why a well-analyzed business plan is required to get off the ground.

Here are four reasons why the wellness center needs a business plan,

1) To raise money for business

2) To make major decisions

3) To identify potential weaknesses

4) To communicate ideas with stakeholders

Report Highlighting Point:

  1. Elevator Pitch
  2. Business Overview:  Market Dynamics, Market Size, Market Potential, Strategic Analysis using Porter’s Model, PESTLE Analysis, SWOT Analysis, BCG, ETOP Analysis, etc.
  3. Project Details: Company Description, Goal Setting, Legal Requirements, Production Process, Logistics and SCM, Sales and Marketing Plan, etc.
  4. Financial Analysis: Includes Capital Budgeting, P&L Statement, Balance Sheet, etc.
  5. Business Projections over 5 years
  6. Milestone and Timeline Planning.

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Detailed Project Report

This report is a document on the wellness center in which all the gathered information related to its technical aspects, financial aspects, profitability, and economic aspects, etc. will be analyzed. It is also a document WRT investment proposal based on accurate information and data for estimating the purpose of the project.

This report is like a detailed roadmap for activities related to the wellness centers. It represents the superintendence in which a wellness center should operate and how it will achieve the goals. The importance of this report is as follows;

1) Serves as a Master Plan

2) Describes Direction / Road Map

3) Shows Feasibility

4) Forecasts Requirements

5) Indicates Profitability

6) Helps in Decision Making

Report Highlighting Point:

  1. Project Details: Pre-requisites, Project Implementation Plan, Mech-Structural Plan, Sales and Marketing Plan, Manufacturing Process Flow Chart, Personnel Requirement.
  2. Financial Analysis (5 years): Capital Budgeting, Financial Ratios, etc.

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