Business plan executive summary for massage therapy

Idaho Massage Schools - A list of massage schools in Idaho - Postsecondary and Proprietary Schools section 33 chapter 24 - Schools must register annually. Board of Education for registered schools. You must complete an approved massage study course of hours and then take and pass the MBLEx.

Business plan executive summary for massage therapy

Budget Unless you are starting your new massage therapy business in a rented space, it should be pretty easy to plan your budget for the first few years. You should calculate how much money you will need to not only start but operate your massage therapy business for the next three years.

While each massage therapy business is different, there are a few common expenses that they all share: In the budget section of your business plan, you need to address how you will pay for all of these things, including whether you plan to take out a business loan.

Business Structure The business structure most commonly used for massage therapy businesses is a sole proprietorship.

business plan executive summary for massage therapy

This business structure is the easiest and least expensive to set up. Unless you have partners or a staff of more than three people, consider starting your massage therapy business as a sole proprietorship.

If you have a business partner, set up a limited liability partnership, or LLP. If you have a massage therapy franchise, plan to set up more than one location, or have a large staff, you should set your business up as a corporation or limited liability corporation LLC.

Video of the Day Brought to you by Techwalla Brought to you by Techwalla Location Your massage therapy business will be mobile or set up in a specific location. In this section of your business plan, you will address where your business will be located as well as whether you plan to add new locations in the next three years.

Those who are starting a massage therapy business in a specific location will need to address how they will secure and pay for the building they plan to use, the costs for utilities, furnishings and operating hours. Competition Because most areas, whether they are large cities or small towns, have a practicing massage therapist you will need to analyze who your competitors will be.

This section of your business plan will also address whether you plan to have a niche, such as sports massage therapy, deep tissue massage, or massage therapy for pregnant women and new mothers.

For example, you may be able to source better lotions and oils than your competitors use, more comfortable equipment or simply give better customer service.

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Marketing After starting a massage therapy business, you will need to market and promote it or else you will not gain many clients.

The marketing section of your business plan needs to address what media outlets you will advertise your new business in, whether you will offer customers occasional discounts and special promotions, whether you plan to have a website as a marketing tool, whether they are any complementary businesses you can team up with to gain new clients and how you can use public relations strategies to gain media attention.

If you do not have much experience or knowledge in the areas of marketing or public relations, you should consider hiring a publicist or marketing expert.

business plan executive summary for massage therapy

Although this will cost you money initially, it is well worth having a solid marketing and public relations plan set in place for your new massage therapy business.

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Massage Therapists Business Plan - Executive summary, Financial analysis, Operations

Gaines attended the University of Houston where she earned a Bachelor of Science in sport administration. Cite this Article A tool to create a citation to reference this article Cite this Article.A Sample Assisted Living Facility Business Plan Template. Assisted Living Facility Business Overview; An Assisted living facility is a conducive facility designed basically for the elderly / aging people who need care and assistance.

Massage Therapy Executive Summary Sample. Massage Therapy Sample Business Plan – Free sample plans, Sample Business Plan: Massage Therapy Executive Summary When you have drafted your first words, you can decide what other information you need in the executive summary. Idaho board of massage licensure and training information.

Summary of proposed licensing requirements for the state of Idaho. Business Plan Summary This massage therapy business plan is being used to explore the effectiveness of opening an ‘on the move’ massage business, consisting of more than 3 therapists.

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A Sample Physical / Massage Therapy Business Plan Template | ProfitableVenture