Boston Boxing Written Responses
1. How would you characterize the mission and goals of Boston Boxing and Fitness?
The mission of Boston Boxing is personalized workout for trainers, and put customers in way of professional athlete like training, put pressure on athlete and also help them to find out their potentials.
The goals of Boston Boxing and Fitness is offers classes, weight training and personal training
And through these classes trainers will learn boxing skills.
2. Does Boston Boxing and Fitness qualify as an entrepreneurial venture? Explain why or why not.
As a matter of fact an entrepreneurial venture is normally small, involving risk, creative, innovation and also need to create niche among current industry. Entrepreneurial business run with new idea and try to grow the idea of business in the market. Actually in this movie Boston Boxing is a kind of small business and also includes ...view middle of the document...
4. What are the main benefits and satisfactions that owner Ed LaVache receives from his business? What challenges and risks does he describe?
I would have to say the main benefits and satisfaction that Ed LaVache receives from his job is doing something that he loves, according to the movie he mentioned that he like wake up in the morning and doing something that he loves. He describes initial investment as challenges that he and his partner made in the business because at first they need money back to meet their expenses. So it was a biggest risk for him. And also he has another worries to maintain their membership
5. What plans does LaVache have for the future of Boston Boxing and Fitness? How successful do you think he will be? Explain.
His plan is to find investors in order to open more and larger facility and want turn his gym into one those commercial establishments. And he also state that
it’s not something that we want to do, because you kind of loose what the gyms all about. What we would like to do is definitely open more facilities.
I would have to say that the Boston boxing and fitness is become more successful, because the manager believes the power of word of mouth and customer services he mentioned that your current client can bring most revenue to his business and also he established the biggest driving point as his business which is about changing up the routines he always tries to freshen everything up and more importantly, trying to make things new in order to attract more people to come in to his gym like bringing women to his gyms. Besides that he has an employment management strategy for his business, he believes that great employer can satisfy client and he stated in the movie that he cannot change customers but he can change the trainers. In my opinion he becomes successful because he focus on his mission statement and his goals in order to become success in his business and also he has a business planning and improvement for the future. Moreover he has a marketing strategies that could help him to become successful in future.