Business Proposal

Project Proposal Gym Installation Project Overview Name : Gym Installation Target Area : 8th Floor , Section A (formerly the legal department Proposed project date : February 1 , 2008 Projected completion date : April 1 , 2008 Proposed budget 350 ,000 Expected Investment Expenses 8 elliptical trainers 20 dumbbell rods 80 piece weights set 4 barbell rods 2 sets of padded bench equipment Area floor and wall renovations 2 part-time physical fitness instructors 1 part-time receptionist Expected Assets A fully furnished gym under casual physical fitness training standards

Suitable venue for physical fitness programs such as aerobics , body toning , and building Available gym service with instructor assistance from 5 :00PM - 8 :00PM Expected tangible benefit : Overall reduction of company annual expenses Currently , 88 of all employees suffer from one or more of today 's prominent diseases Heart Ailments Diabetes Obesity A recent survey shows that only 5 of the employees are currently involved in regular physical exercise regimens More than 95 cite lack of time as the major reason More than 93 agree to regular gym training if proper facilities and training personnel are prepared Currently , the company 's annual HMO expenses on ailments mentioned average at 250 ,000 a year Many current studies currently show that proper exercise can significantly reduce medical bills (Rudyard , 2007 Locke , 2007 Heinrich , 2007 A gym set-up will usher personnel participation to physical fitness programs that would reduce company medical bills by 70 This is a computed net reduction of 125 ,000 considering gym operational and maintenance expenses Expected Intangible Benefits Increased personnel morale and satisfaction Better interdepartmental interaction through periodic group fitness programs Improved personnel health that may reflect to increased productivity Evaluation procedures Period of evaluation : 1 year Quantitative Financial analysis of expenses Personnel surveys Qualitative Personnel satisfaction open interviews Default Design Project Proposal Gym Installation Project Overview Name : Gym Installation Target Area : 8th Floor , Section A (formerly the legal department Proposed project date : February 1 , 2008 Projected completion date : April 1 , 2008 Proposed budget 350 ,000 Expected Investment Expenses 8 elliptical trainers 20 dumbbell rods 80 piece weights set 4 barbell rods 2 sets of padded bench equipment Area floor and wall renovations 2 part-time physical fitness instructors 1 part-time receptionist Expected Assets A fully furnished gym under casual physical fitness training standards Suitable venue for physical fitness programs such as aerobics , body toning , and building Available gym service with instructor assistance from 5 :00PM - 8 :00PM Expected tangible benefit : Overall reduction of company annual expenses Currently , 88 of all employees suffer from one or more of today 's prominent diseases Heart Ailments Diabetes Obesity A recent survey shows that only 5 of the employees are currently involved in regular physical exercise regimens More than 95 cite lack of time as the major reason More than 93 agree to regular gym training if proper facilities and training personnel are prepared Currently , the company 's annual HMO expenses on ailments mentioned average at 250 ,000 a year Many current studies currently show that proper exercise can significantly reduce...