Our business plan idea is to start up a gym facility that provides access to exercise equipment

and leisure amenities such as a pool. In the gym facility, we plan to accommodate guests by

providing convenient services such as locker rooms and a towel service. Our target

demographic ranges from young adults to seniors in Saskatoon who are interested in starting or

maintaining a healthy and active lifestyle.

can someone answer all the questions in the pictures in terms of this business idea above.

please use this business idea above to answer all these questions

i dont want the meanings. i want answers correlated to the idea

thank you

Give a brief overview of your business: What product/service do you offer? Who are your competitors? Nature of business: Why did you choose it? What need does it fill? Legal form of company, why? (Sole proprietorship, corporation, partnership) ENVIRONMENTAL ANALYSIS - SWOT Strengths Weaknesses Opportunities Threats ENVIRONMENTAL ANALYSIS - PEST(EL) Political Forces that may impact the business Economic Forces that may impact the business Sociocultural Forces that may impact the business Technological Forces that may impact the business Environmental Forces that may impact the business Legal Forces that may impact the business ENVIRONMENTAL ANALYSIS - Porter's Five Forces Barriers to Entry: High Med Low What barriers are there in your industry? Power of Suppliers: High Med Low Who are your suppliers? What considerations determine their Who are power? Power of buyers: High Med Low Who are your buyers? What considerations determine their power? Threat of Substitutes: High Med Low What substitutes are available? Competitive Rivalry: High Med Low Explain the degree of competitive rivalry