Fitness Cost Accountant
Project scope
Categories
Operations Product or service launch Sales strategySkills
sales process financial planning cost structures variance analysis facility repair and maintenance forecasting budgeting research sales operationsOur company is hoping to improve our sales process to improve our ROI and overall operations. In this project, students will evaluate our current sales process, determine bottlenecks, and create recommendations as well as new training materials. Based on research and best practices you will develop new scripts for our sales staff to use to improve the quality and quantity of leads generated and increase the conversion rate.
This will involve several different steps for the students, including:
- Managing and analyzing costs related to fitness equipment, facility maintenance, and operational expenses to ensure cost efficiency and profitability.
- Conducting cost variance analysis, budgeting, and forecasting to support financial planning and control within the fitness industry context.
- Collaborating with fitness facility managers to optimize cost structures and improve operational performance.
By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):
- Evaluated our current sales process.
- Created recommendations on how to improve our sales process.
- Written new sales scripts to generate better leads.
- Created an updated sales process handbook.
Bonus steps would include:
- Creating multiple versions of the sales script tailored to our different products/services.
Final deliverables should include
- A sales process handbook with general information and scripts.
- A report with all research, recommended solutions and an implementation plan.
- A 20-minute presentation on the report and handbook.
Students will connect directly with us for mentorship throughout the project. We will be able to provide answers to questions such as:
- What is our target conversion rate?
- Which specific parts of our sales process need the most improvement?
- Who is the typical target audience that we pitch to?
- Input on choices, problems or anything else the students might encounter.
- Students are required to participate in weekly meetings as part of their commitment to ongoing engagement and collaboration.
About the company
Will2Well is a virtual gym that provides online group, personal, life, and nutrition coaching.
Will2Well vision is to offer a comprehensive fitness program that integrates physical training and healthy eating habits, fostering a community environment for teamwork and support.
Will2Well mission is to educate, motivate, and empower each individual to look and feel better.
Will2Well core values emphasize personalization, community, empowerment, results-driven approach, and comprehensive wellness, focusing on tailored fitness, nutrition, and mental well-being plans for individual members.