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Starting a Studio

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Will your next fitness idea be profitable in Singapore?

A new business venture is always exciting and invigorating, however, the numbers show that approximately 20 percent of small businesses fail within the first year. By the end of the second year, 30 percent of businesses will have failed. Nevertheless, a business venture can be successful if its profitability is carefully considered prior to launching. This blog presents factors to consider when calculating if your next fitness idea will be profitable. 

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How much does it cost to start a Strength Training Gym in Singapore?

Planning to turn your dreams into reality? The booming boutique fitness industry has finally spurred you into wanting to realise your fitness passions and venture into starting your very own strength training gym. However, before you take the plunge, you need to know all the costs, from gym licenses and permit costs. Starting a Strength Training Gym in Singapore is not cheap and it can cost you approximately $22,819. This article will highlight and breakdown the costs for you.

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