nutrition business plan sample

How to create a strong business plan for your nutrition practice

Running a nutrition business can seem daunting at first, but with a strong business plan, proper planning and goals, you can turn it into a huge success. Keep reading to learn more about how setting goals can take you to the next level.

Whether you’re new to private practice or a veteran superstar, it’s important to have goals that you’re striving towards.  Setting goals is a great way to establish both long-term vision and short-term motivation  and helps you to organize your time, energy, and resources so you can make the most out of your business. Moreover, setting goals means that you can dream big and push yourself to achieve everything you want in your nutrition business.

However, if you don’t have a goal, it’s easy for your efforts to become disjointed. It can also be difficult to reach those goals if you don’t have a plan on how to achieve them.  But how can you make your goals a reality if you don’t know where to start?

Before mapping out your goals, you need to spend quality time outlining your business strategy and have a clear understanding of what you want to achieve and how you will do it.  A business strategy will not only ensure that your goals are in line with your mission, but it can also help you boost revenue, increase future work opportunities and stand out from the competition.

Setting goals and writing business plans can be daunting tasks, so if you feel overwhelmed, know that you’re not alone! That’s why we are sharing some of our best tips and tricks for taking your nutrition business to the next level.  From how to set goals to creating a business plan, we will help you establish a roadmap that can lead you in the right direction.

Why is a business plan important?

Regardless of your niche, having a business plan will help articulate a strategy for your business. This will also provide insight on having a realistic timeline, what resources are required, and if you need to hire some extra help.

Additionally,  you should indicate objectives that will help your business prosper.  While this process is a lot of work, it’s worthwhile in the end if you want to stay on track.

TIP: While a business plan is usually created before a launch, you can do this at any stage.

What to include in your business plan

A business plan should outline all of the objectives that you set for your nutrition business, as well as some concrete steps on how you plan to meet those goals.  Whether you’re just starting out or have been in business for a while, it’s important to have a plan to keep you on track.

Here are some ideas for what you can include in your business plan:

• Establish a timeline. Develop a realistic timeline for your business launch and subsequent growth.
• Have an action plan.  Lay out different action plans, goals, and objectives for each timeline you establish, and map out specific steps of how you plan to get to the next level. Make sure these are realistic and achievable.
• Identify your niche.  Do research to find out who your target audience is. You don’t want to be too broad, nor do you want to be too specific with what you offer.
• Create a mission statement. Your mission statement is a summary of the aims and values of your business and should include what you stand for, any goals you have, who you serve, and what you provide.
• Keep track of everything.  Track all of your metrics to see how your business is expanding. This will be helpful to show future investors, as well as help you monitor growth over time.

Be sure to take your time when creating this, as a well-thought-out plan will attract others to invest, work for you, or support your business on its journey to success.  Moreover, it can keep you organized and on track to meet your goals.

Why should you set goals?

When you set goals, it helps you stay on track so you can make the most out of your business. Moreover,  it provides you with long-term vision and short-term motivation,  which allows you to dream big and push yourself to achieve everything you want in your nutrition business.

Setting goals also allows you to track your progress in a measured way.  It can be easy to get discouraged if you don’t “feel” that you’re seeing results, but when you step back and take a look at what you’ve achieved, it can be the burst of energy that you need to keep moving forward. However, this is only possible if you’ve been keeping track of your progress and are actively working towards that goal.

How to set realistic goals

We can all agree that setting goals is important for any business, but can you have too much of a good thing?

Goals that are lofty and unattainable will make you feel discouraged and can negatively affect your mindset, motivation level, and timeframe. Conversely, having realistic and manageable goals can help you identify what you want and what you are able to achieve.

Setting (and achieving) realistic goals helps maximize your time, boosts your self-esteem, and enhances motivation.  But, how can you create goals that will increase your chance of success? Here are some ways to set realistic goals:

Write it down.  While it may sound simple, the act of writing your goals down is the first step toward achieving them.

Don’t be scared to pivot.  Goals are never set in stone! Always re-assess them and adjust if necessary.

Identify milestones.  Determine certain milestones that you wish to achieve, and how you want to get there.

Share your goals.  Whether it’s with friends or family, sharing your goals can help you stay accountable. It also provides a support group, which is essential for success.

Think SMART.  Identify realistic goals with the acronym SMART, which stands for  S pecific  M easurable  A ttainable  R elevant  T ime-bound. These are all things to consider when creating goals for your business.

Using goals to boost your nutrition business

Wondering how you can take your goals and translate them into a thriving nutrition business? Here are some ideas of how you can take your business to the next level.

Note: You can implement realistic goal setting with each of these ideas to fit your business plan.

1. Scope out the competition.  No matter how original and unique your business plan is, you are always going to face some type of competition. So, what can you do to stand out? Sort through the market and determine who your competition is, as well as identify their strengths and weaknesses. This will give you a good idea of what works (and what doesn’t work) in the current market, as well as noticing any gaps and how you can fill them.

2. Implement marketing strategies.  Marketing may not be your strong suit, but there are many resources online to help you along the way. From social media tools to targeted ad campaigns and lead magnets, there is a plethora of information that’s tailored to help nutrition professionals with marketing. Additionally, you can join Facebook groups, ask on forums, or ask other dietitians in the industry for advice.

Tip: Nutrium has built-in marketing tools to make this easier for you!

3. Really sell YOUR services.  This is your time to shine! The ultimate goal of marketing is to show potential clients how your services will benefit them, so come up with some irresistible ways to entice people. Whether that’s ads, creative copy, free downloads, or video content, there are many ways to get people excited about the services you offer.

4. Assemble your team.  There are many moving parts when it comes to creating a successful nutrition business, and you may not be able to do it all yourself. Since there is no “I” in team, you may want to consider diversifying the workload to set yourself up for long-term success.

Set your goals and accomplish them with Nutrium!

Our nutrition software can be your sidekick to achieve success!

Try it now for free!

Running a nutrition business can be daunting, but with the right tools, you will set yourself up for success. Business plans and realistic goal setting are two of the main components to optimizing your business, and while it requires a lot of hard work, it’s worth it in the end if you’re willing to put your time and energy in the right places.

​​Did you like this article?

We hope you found our article on how to create a strong business plan useful! We are always looking for new ideas in order to write useful content for nutritional professionals! If you have any suggestions or comments, feel free to write to us at [email protected] , and we will make sure to read them!

If you don’t know Nutrium Nutrition Software yet, this might be the right time to try it! You can test it for free for 14 days, without commitment, and without the need to use a credit card.  Try it now for free!

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Creating Your Nutrition Business Plan (Free Template)

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A nutrition business plan is designed to act as a guide for the development and day to day running of your company. It also allows you to paint a clear picture of the business for potential investors, employees, and other interested parties.

With that being said, it’s important to realise that your business plan doesn’t need to be a 150-page detailed report of how your nutrition business will fit into the industry.

It’s about creating a professional representation of your business that you can follow on your journey from “nutrition business idea” to “nutrition business success”.

Keep reading to learn more…

Do you NEED a business plan?

The short answer is yes…

A nutrition business will have a lot of moving parts. You’ll be expected to map out a specific journey for your business that you can follow as you get started and grow.

Writing out your ideas and organising them into a plan also gives you the power to assess and visualise your nutrition business at a higher level. It can be easy to get off course as you jump into the details. However, a good business plan will help you stay on track and centre your goals.

Ready to get started now? Click here to download your free business plan template.

What goes into your business plan?

There are two primary types of business plans outlined by the Small Business Administration: Traditional and Lean.

A traditional business plan will include more detail and will need to cover at the minimum:

• An executive summary
• Your business structure
• Your mission and values
• Market/competitor analysis
• Marketing plan

A lean business plan has much less information and is generally used for those who are comfortable starting quickly and addressing details on the fly. If you plan on seeking funding or presenting your business idea to other professionals, a traditional plan is a better option.

While there are some specific guidelines for your nutrition business plan, you can customise it to meet your needs!

How to use your nutrition business plan…

Your nutrition business plan is there for you whenever you feel overwhelmed or start to lose sight of your destination.

The information included in the plan will help you stay on track and break the process of starting your business into simpler, easier to manage steps.

It will also give you a way to entice potential investors and partners. Having a detailed nutrition business plan helps them to assess risk and decide whether your idea is one that’s financially positive for them.

Your nutrition business plan will ensure that everyone (employees, volunteers, or partners) adheres to the same set of core values. Businesses thrive when everyone is rowing in the same direction!

Your plan is the blueprint for the nutrition business you’re building.

Should you change your business plan?

It’s important that you understand that this is also a fluid document that needs to evolve and change as you learn more about your business.

While changes should be carefully considered prior to implementation, your business plan isn’t set in stone. Staying open to tweaks and improvements will allow you to discover, assess, and apply new ideas as you learn more about the nutrition industry…

Especially when it comes to developing your multi-service practice .

You may discover that your packages could be expanded to better express your areas of expertise. Or you may need to simplify some of your offerings to keep your price structure easy for clients. You’ll learn as you go and will need to amend your nutrition business plan accordingly.

Ready to choose your nutrition career path?

In addition to our comprehensive programs, The Health Sciences Academy also offers our students and graduates a wide range of tools to give them the best possible chance of business success!

Ready to jumpstart your career?

Click here to download your free nutrition business plan template…

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How to write a business plan for your nutritionist practice.

Starting a nutrition private practice is a great idea because it can help individuals achieve their health and wellness goals through personalized nutrition plans.

Nutritionists can also provide education on healthy eating and lifestyle habits to help people make informed decisions about their health.

But, first thing first, you need a business plan.

A business plan is a must-have when starting a new project, such as a nutrition private practice. It helps to identify goals, strategies, and resources needed to ensure success. It also provides an outline to measure progress and success of the business.

In short, a good business plan will help make sure your nutrition practice is profitable .

What key details need to be in the business plan for a nutrition private practice? How should it be arranged? Which performance indicators should be included in the financials? How can I outline a comprehensive business plan quickly?

You're in luck! This article has you covered with answers to all these questions.

One last thing: starting your business plan from scratch is optional.

Feel free to download our professional business plan for a nutrition private practice and customize it for your business.

How to develop a business plan for a nutrition private practice

Is it worthwhile to invest time in a business plan for your nutrition practice.

Yes, you should invest time in creating a business plan for your nutrition practice in order to ensure success.

Establishing a strong business plan will afford you the chance to:

• get familiar with the nutritionist market
• stay tuned to new trends and implement them in your project
• pinpoint what makes a nutrition private practice viable
• understand the dietary goals, nutritional needs, and health concerns of clients seeking nutrition guidance
• find a unique value proposition for your dietary consulting services
• study the competitive landscape
• discover substantial competitive advantages for your nutrition practice
• find a business model that creates a path to financial viability
• execute a well-structured and strategic action plan
• identify and manage risks associated with running a nutrition private practice, including client health concerns and data privacy

Our team has drafted a business plan for a nutrition private practice that is designed to make it easier for you to achieve all the elements listed.

How to outline a business plan for a nutrition private practice?

A well-crafted business plan covers everything you need, including content, numbers, and financial information. It must be presented in a structured format, to make easy to read and digest.

When we made our business plan for a nutrition private practice , we made sure to structure it propertly.

The business plan is divided in 5 sections (Opportunity, Project, Market Research, Strategy and Finances).

1. Market Opportunity

The section number one is called "Market Opportunity".

Explore this section to access comprehensive data and insights related to the nutrition practice, enabling you to stay updated with market trends and dietary preferences.

We invest effort into ensuring the data in this section is consistently updated.

2. Project Presentation

In the "Project" section, you can outline your nutrition practice, describing the areas of specialization (e.g., sports nutrition, weight management, dietary counseling), personalized nutrition plans, evidence-based recommendations, ongoing support, and the unique value proposition that helps clients achieve their health and wellness goals through proper nutrition and lifestyle modifications.

Also include a short description about yourself at the end of this section.

Explain your qualifications as a nutritionist, your expertise in promoting healthy eating habits, and how you plan to provide personalized nutrition guidance to clients. Highlight your knowledge of nutritional science, your ability to create tailored meal plans, and your dedication to helping clients achieve their health and wellness goals through evidence-based nutritional advice and ongoing support.

We've put together text for you in our business plan. Adapt it to suit your idea precisely.

3. Market Research

Then, we reach the "Market Research" section.

This section provides a description of the market segments for your nutrition practice.

It includes an analysis of competing nutrition practices and highlights your practice's specialized nutritional guidance and competitive advantages. A customized SWOT analysis is also included.

4. Strategy

The "Strategy" section presents a comprehensive 3-year action plan, outlining the initiatives and actions required to make your nutrition practice a highly profitable venture.

Moreover, this section provides a marketing strategy, a risk management approach, and a Business Model Canvas adapted to a nutrition private practice.

5. Finances

Ultimately, the "Finances" section serves as a platform to present the financial aspects and projections of your project.

How to elaborate an Executive Summary for a nutrition private practice?

The Executive Summary provides a condensed preview of the business plan of your nutrition practice.

Don't surpass 2 pages; only include the necessary details.

This is the beginning of your business plan that the bank will read first. It should catch their interest and make them want to read the rest of the plan.

In the Executive Summary of your nutrition practice, address the following queries: what is your nutrition practice about, in short? who is the target market for your practice? any competition? why are you a better nutritionist than them? your background? how will you spend the cash you're asking for?

How to do the market analysis for a nutrition private practice?

The market study of your nutrition practice enables you to understand external factors such as client needs for dietary guidance, competition within the healthcare industry, and emerging trends in nutrition science.

By conducting a comprehensive market study, a nutrition private practice can understand client nutrition needs, offer personalized nutrition plans and advice, optimize pricing strategies, and execute targeted marketing campaigns, ultimately leading to a loyal client base, increased appointments, and a prominent position in the nutrition industry.

You'll discover the following in the "Market Research" section of our business plan for a nutrition private practice :

• interesting data points and market insights about the nutritionist market, including dietary trends, nutritional supplements, and wellness practices
• a list of potential audiences for a nutrition private practice
• the competitive analysis
• the potential competitive advantages for a nutrition private practice

The key points of the business plan for a nutrition private practice

What's the business model of a nutrition private practice, business model of a nutrition private practice.

a nutrition private practice's business model centers around providing personalized nutrition and wellness services to clients. Revenue is generated through client consultations, individualized meal plans, nutritional supplements, or group workshops.

The business model focuses on building a client base through referrals and marketing efforts, conducting thorough assessments, providing evidence-based recommendations, offering ongoing support, and staying updated with the latest research and nutritional trends.

Success in the field depends on credibility, client satisfaction, continuous education, and effective marketing strategies to attract and retain clients.

Business model ≠ Business plan

It's important not to mistake "business plan" for "business model."

A business model defines how a company creates, delivers, and monetizes its offerings.

In a business plan, you use a tool called the Business Model Canvas to outline how your business works.

Rest assured, we provide a Business Model Canvas in our business plan for a nutrition private practice .

How do you identify the market segments of a nutrition private practice?

Market segmentation for your nutrition practice involves dividing your potential clients into different groups based on their nutritional needs, health goals, and demographics.

These categories may include factors such as weight management, sports nutrition, dietary restrictions, or clients seeking specific nutritional programs or guidance (e.g., vegan diets, gluten-free diets, meal planning).

By segmenting your market, you can offer specialized nutritional services and solutions that cater to each segment's specific requirements. For example, you might provide personalized weight management programs and nutritional counseling for clients looking to achieve specific weight loss or fitness goals, offer sports nutrition consultations and meal plans for athletes and active individuals, specialize in providing nutritional guidance and support for clients with dietary restrictions or specific nutritional needs such as vegan or gluten-free diets, or focus on meal planning and offer convenient and healthy meal plans for clients seeking a balanced and nutritionally optimized diet.

Market segmentation allows you to effectively target your marketing efforts, communicate your expertise in specific nutritional areas, and deliver personalized and science-based nutritional services that meet the unique needs and preferences of each client segment.

In the business plan for a nutrition private practice , you will find a detailed market segmentation that helps you understand your audience and their preferences.

How to conduct a competitor analysis for a nutrition private practice?

Without surprise, you won't be the only nutrition practice in your area. There will be other professionals offering personalized nutrition and dietary advice to clients.

Including a comprehensive competitor analysis in your business plan is vital; it involves identifying and evaluating your competitors' strengths and weaknesses.

Identify their weaknesses (such as outdated nutrition knowledge, inadequate meal planning services, or poor client communication).

Why is it crucial to notice these aspects? Because these weaknesses can impact client satisfaction and the effectiveness of nutrition practices.

By focusing on these areas, you can offer personalized and evidence-based nutritional advice and plans, provide ongoing support and guidance, and deliver a compassionate and empowering approach to healthy living, establishing your nutrition practice as a trusted and preferred resource for achieving optimal health and well-being.

It's what we call competitive advantages—focus on creating them to differentiate your business.

Here are some examples of competitive advantages for a dietitian: expert nutritional guidance, personalized meal plans, ongoing support and monitoring.

How to draft a SWOT analysis for a dietitian?

A SWOT analysis can help identify weaknesses and strengths , as well as potential opportunities and threats, to better equip a nutrition private practice for success.

As you can guess, there is indeed a completed and editable SWOT matrix in our business plan for a nutrition private practice

The strengths for a nutrition private practice

S represents Strengths, which are the project's internal factors or characteristics that give it an advantage.

For a nutrition private practice, potential strengths could include: comprehensive nutrition knowledge, excellent communication skills, ability to develop personalized nutrition plans, and a passion for helping others.

The weaknesses for a nutrition private practice

When we talk about the "W," we're talking about Weaknesses, which are the areas or aspects of the project that could benefit from refinement.

For a nutrition private practice, potential weaknesses could include limited marketing budget, lack of online presence, lack of staff and limited resources.

The opportunities for a nutrition private practice

O represents Opportunities, which are the external factors or circumstances that can benefit the project.

In the case of a nutrition private practice, potential opportunities could include providing nutrition education and counseling services, creating meal plans, offering preventive health services, and providing guidance on nutrition-related lifestyle changes.

The threats for a nutrition private practice

When we refer to the "T" in SWOT, we mean Threats, which are the potential obstacles or negative conditions from the external environment.

How to craft a marketing strategy for a dietitian?

You need a marketing strategy in your business plan to attract customers and make sales.

A dietitian can attract individuals seeking personalized nutrition advice and guidance by implementing an effective marketing approach that showcases the dietitian's qualifications, expertise in nutrition, and positive impact on clients' health and well-being.

Individuals won't seek your nutrition practice without proper promotion; emphasizing your expertise in nutrition, personalized meal plans, and successful outcomes is necessary.

Have you explored marketing approaches to attract customers to your dietitian services? Consider offering personalized nutrition consultations or meal planning services, running targeted advertising campaigns to reach health-conscious individuals or individuals with specific dietary needs, and utilizing social media platforms to share healthy recipes and nutrition tips.

It's okay if marketing and communication aren't your strong suits.

How to build financial projections for a dietitian?

A solid business plan must include detailed financial information such as projected income, expenses, cash flow, and balance sheets.

It is essential to include revenue forecasts for your nutrition practice.

A relevant and credible revenue forecast is vital for your business plan to appear solid when read by investors.

Our financial plan for a nutrition private practice is designed to be user-friendly, incorporating automatic verifications that assist in identifying and correcting any assumptions. This ensures you can build credible projections with confidence.

Without a doubt, you'll need to come up with a basic budget for starting your nutrition practice. Make sure to include every expense (by the way, they are all listed in the financial plan we've made).

The break-even analysis is also central in your financial plan as it indicates you whether your nutrition practice will generate profits or not.

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Nutrition Business

Back to All Business Ideas

How to Start a Nutrition Business

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on April 22, 2022 Updated on May 13, 2024

Investment range

$2,050 - $5,100

Revenue potential

$57,000 - $100,000 p.a.

Time to build

1 – 6 months

Profit potential

$51,000 - $90,000 p.a.

Industry trend

Would you like to help people improve their health? Since the pandemic arrived, many people have become obsessive about boosting their health and immune system. Even if you’re not a nutritionist or dietician, you could start your own nutrition business and break into one of the world’s fastest-growing markets. The global personalized nutrition industry is set to double by 2025, which means now is the perfect time to start a nutrition business and make a great living while helping others live more fulfilling lives.  

But before you hit the ground running, you’ll need to learn the ins and outs of launching a business. Luckily, this step-by-step guide provides all the business insight you need to start your successful nutrition company. 

Looking to register your business? A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple.

Form your business immediately using ZenBusiness LLC formation service or hire one of the Best LLC Services .

Step 1: Decide if the Business Is Right for You

Pros and cons.

Starting a nutrition business has pros and cons to consider before deciding if it’s right for you.

• Improve Well-Being – Help people live healthier, fuller lives
• Flexibility – Run your business from home, set your hours
• Good Money – $100 per consultation is just the beginning
• Training Needed – Certifications necessary for credibility
• Challenging Customers – People may not always take your advice

Nutrition industry trends

Industry size and growth.

• Industry size and past growth – The global personal nutrition industry was worth $8.2 billion in 2022 after years of steady growth.(( https://www.marketsandmarkets.com/Market-Reports/personalized-nutrition-market-249208030.html ))  
• Growth forecast – The global personal nutrition industry is projected to double by 2025. 

Trends and challenges

Trends in the nutrition industry include:

• The pandemic increased interest in greater health and wellness and a strengthened immune system, boosting demand for nutrition services.
• Sustainable nutrition is trending, meaning forms of nutrition that are good for people, the planet, and society.

Challenges in the nutrition industry:

• Nutritionists have struggled to find plant-based foods that are delicious and have the same benefits as animal-based foods.
• The ageing population is challenging nutritionists to create personalized diets.

Demand hotspots

• Most popular states – The most popular states for nutritionists are North Dakota, Alaska, and New York.(( https://www.zippia.com/nutritionist-jobs/best-states/ ))
• Least popular states – The least popular states for nutritionists are Alabama, Louisiana, and Mississippi.

What kind of people work in Nutrition?

• Gender –  76.7% of nutritionists are female, while 17.4% are male.(( https://www.zippia.com/nutritionist-jobs/demographics/ ))
• Average level of education – The average nutritionist has a bachelor’s degree.
• Average age – The average nutritionist in the US is 43.3 years old.

How much does it cost to start a nutrition business?

Startup costs for a nutrition business range from $2,000 to $5,000. Costs include a website and a marketing budget. 

You can become a certified nutrition coach through NASM for about $500 in a matter of weeks. You could also become a certified nutrition specialist , but it requires an advanced degree. Becoming a registered dietician also requires a degree.

How much can you earn from a nutrition business?

Prices for a nutritionist are about $100 for an initial consultation, and then $60 per hour for additional appointments. Your profit margin should be about 90%. 

In your first year or two, you could work from home and get two new clients a week and work 15 hours in follow-up appointments, bringing in $57,000 in annual revenue. This would mean more than $51,000 in profit, assuming that 90% margin. As you ramp up your marketing and begin to get referrals, sales could climb to four new clients a week and 25 hours of follow-up appointments. With annual revenue of nearly $100,000, you’d make a healthy profit of almost $90,000. 

What barriers to entry are there?

There are a few barriers to entry for a nutrition business. Your biggest challenges will be:

• The required training and certifications 
• Breaking into an increasingly competitive market

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How to Start a Health Coaching Business

How to Start a Pharmacy

How to Start a Supplement Business

Step 2: hone your idea.

Now that you know what’s involved in starting a nutrition business, it’s a good idea to hone your concept in preparation to enter a competitive market. 

Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.

Why? Identify an opportunity

Research nutrition businesses in your area and online to examine their services, price points, and customer reviews. You’re looking for a market gap to fill. For instance, maybe the local market is missing a holistic nutritionist or a nutritionist that is also a personal trainer.

You might consider targeting a niche market by specializing in a certain aspect of your industry, such as online nutrition coaching, vegan nutrition or healthy meals planning.

This could jumpstart your word-of-mouth marketing and attract clients right away. 

What? Determine your nutrition services

Your services will be nutrition coaching or nutrition consulting, but you could also offer healthy meal planning or even personal training.

How much should you charge for nutrition services?

For an initial nutrition consultation, you should be able to charge about $100. For ongoing nutrition coaching, you can charge about $60 per hour. 

Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.

Who? Identify your target market

Your target market will be anyone who is interested in improving their wellness, which is a broad group. You should spread out your marketing to include sites like TikTok, Instagram, and Facebook. 

Where? Choose your business premises

In the early stages, you may want to run your business from home to keep costs low. But as your business grows, you may need to hire workers for various roles and may need to rent out an office. You can find commercial space to rent in your area on sites such as Craigslist , Crexi , and Instant Offices .

When choosing a commercial space, you may want to follow these rules of thumb:

• Central location accessible via public transport
• Ventilated and spacious, with good natural light
• Flexible lease that can be extended as your business grows
• Ready-to-use space with no major renovations or repairs needed

Step 3: Brainstorm a Nutrition Business Name

Here are some ideas for brainstorming your business name:

• Short, unique, and catchy names tend to stand out
• Names that are easy to say and spell tend to do better 
• Name should be relevant to your product or service offerings
• Ask around — family, friends, colleagues, social media — for suggestions
• Including keywords, such as “nutrition” or “dietary consulting”, boosts SEO
• Name should allow for expansion, for ex: “Vitality Nutrition” over “Senior Wellness Nutrition”
• A location-based name can help establish a strong connection with your local community and help with the SEO but might hinder future expansion

Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these. 

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Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.

Step 4: Create a Nutrition Business Plan

Here are the key components of a business plan:

• Executive Summary : A brief overview of your nutrition business plan, summarizing its key points.
• Business Overview : An introduction to your nutrition business, outlining its mission, vision, and goals.
• Product and Services : Description of the nutrition products and services you offer.
• Market Analysis : An examination of the target market, its size, trends, and potential opportunities.
• Competitive Analysis : An evaluation of competitors in the nutrition industry and their strengths and weaknesses.
• Sales and Marketing : Your strategies for promoting and selling your nutrition products and services.
• Management Team : Introduction to the key individuals who will lead and manage the business.
• Operations Plan : Details on how the business will operate, including production, distribution, and day-to-day processes.
• Financial Plan : Financial projections, including income statements, balance sheets, and cash flow statements.
• Appendix : Supporting documents, such as resumes, legal documents, and additional data that backs up your business plan.

If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.

Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business! 

Choose where to register your company

Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you’re planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to nutrition businesses. 

If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state. 

Choose your business structure

Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your nutrition business will shape your taxes, personal liability, and business registration requirements, so choose wisely. 

Here are the main options:

• Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
• General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
• Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
• C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
• S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just need to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.

We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization , and answer any questions you might have.

Form Your LLC

Choose Your State

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Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN. 

Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.

The IRS website also offers a tax-payers checklist , and taxes can be filed online.

It is important to consult an accountant or other professional to help you with your taxes to ensure you’re completing them correctly.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

• Bank loans: This is the most common method but getting approved requires a rock-solid business plan and strong credit history.
• SBA-guaranteed loans: The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
• Government grants: A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
• Friends and Family: Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
• Crowdfunding: Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
• Personal: Self-fund your business via your savings or the sale of property or other assets.

Bank and SBA loans are probably the best option, other than friends and family, for funding a nutrition business. You might also try crowdfunding if you have an innovative concept. 

Step 8: Apply for Nutrition Business Licenses and Permits

Starting a nutrition business requires obtaining a number of licenses and permits from local, state, and federal governments.

Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits. 

You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more. 

You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.

This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.

If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.

Step 9: Open a Business Bank Account

Before you start making money, you’ll need a place to keep it, and that requires opening a bank account .

Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your nutrition business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.

Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account. 

Step 10: Get Business Insurance

Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.

Here are some types of insurance to consider:

• General liability: The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
• Business Property: Provides coverage for your equipment and supplies.
• Equipment Breakdown Insurance: Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
• Worker’s compensation: Provides compensation to employees injured on the job.
• Property: Covers your physical space, whether it is a cart, storefront, or office.
• Commercial auto: Protection for your company-owned vehicle.
• Professional liability: Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
• Business owner’s policy (BOP): This is an insurance plan that acts as an all-in-one insurance policy, a combination of the above insurance types.

Step 11: Prepare to Launch

As opening day nears, prepare for launch by reviewing and improving some key elements of your business. 

Essential software and tools

Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks. 

You may want to use industry-specific software, such as simple practice , nutritics , or Nutrium , to manage your diet analyses, nutrition plans, scheduling, invoicing, and payments. 

• Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero . 
• If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial.

Develop your website

Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.

You can create your own website using services like WordPress, Wix, or Squarespace . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.

They are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google. 

Here are some powerful marketing strategies for your future business:

• Social Media Challenges: Leverage popular social media platforms to create nutrition challenges that encourage participants to share their progress, fostering engagement and promoting your expertise.
• Educational Webinars and Workshops: Host online sessions to educate your audience about nutrition trends, debunk myths, and provide practical tips, positioning yourself as a knowledgeable authority in the field.
• Collaborate with Fitness Influencers: Partner with fitness influencers to endorse your nutrition products or services, tapping into their engaged audience for increased credibility and visibility.
• User-Generated Content Campaigns: Encourage your customers to share their success stories, recipes, or before-and-after photos, creating a community around your brand and showcasing real-life results.
• Local Event Sponsorship: Sponsor local fitness events, marathons, or wellness fairs to raise awareness about your business within the community and connect with potential customers in person.
• Nutrition Workshops for Corporates: Offer workplace wellness programs and conduct nutrition workshops for employees, providing a unique and valuable service while also establishing corporate partnerships.
• Referral Programs: Implement a referral system where existing customers are rewarded for bringing in new clients, creating a cost-effective way to expand your customer base through word-of-mouth.
• Customized Meal Plans: Develop personalized nutrition plans for specific health goals and offer them as downloadable templates or as part of your consultation services, emphasizing the tailored approach.
• Collaborate with Local Health Professionals: Build partnerships with local doctors, dietitians, or fitness trainers to receive referrals and endorsements, establishing trust and credibility within the healthcare community.
• Limited-Time Offers and Discounts: Create urgency by periodically offering exclusive discounts or packages for your products or services, incentivizing potential customers to take action and try out your offerings.

Focus on USPs

Unique selling propositions, or USPs, are the characteristics of a product or service that set it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your nutrition business meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire. 

Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your nutrition business could be: 

• Better nutrition to ensure you live your BEST life
• Dietary coaching and meal planning to meet your health goals 
• Eat better, feel better with our vegan nutrition plan

You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a nutrition business, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in nutrition for years and can offer invaluable insight and industry connections. 

The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in nutrition. You’ll probably generate new customers or find companies with which you could establish a partnership.

Step 12: Build Your Team

If you’re starting out small from a home office, you may not need any employees. But as your business grows, you will likely need workers to fill various roles. Potential positions for a nutrition business include:

• Nutritionists – assist clients with nutrition advice
• General Manager – scheduling, accounting
• Marketing Lead – SEO strategies, social media

At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need. 

Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent. 

Step 13: Run a Nutrition Business – Start Making Money!

People around the world are seeking to improve their health and well-being, and good nutrition is key. You can join an industry that is set to double and help people live better, healthier lives. It takes a bit of training and a small investment, but you could grow your business into a lucrative company. If you begin with a passion for helping people and a willingness to learn and work hard, good money will follow. 

You’ve learned the business side of things now, so you’re ready to jump in and get your successful nutrition business off the ground. 

• Nutrition Business FAQs

A nutrition business can be very profitable since rates for nutrition coaching are about $60 per hour. The key is to get the proper training so that you can provide good value to your clients.

To market yourself as a nutritionist, start by defining your unique value proposition and target audience. Establish an online presence through a professional website and active social media profiles. Share valuable content related to nutrition and healthy living to position yourself as an expert. 

Yes, it is possible to start a nutrition business on the side. Many nutritionists begin by offering their services part-time while maintaining another job or source of income. 

The target audience of nutritionists can vary based on their specialization and focus. Potential target audiences include individuals seeking weight management, athletes or sports teams in need of performance nutrition, individuals with specific dietary restrictions or health conditions, pregnant women, children, or corporate wellness programs. 

To create and implement nutrition plans for individuals or specific groups, start by conducting a comprehensive assessment of their dietary habits, health goals, lifestyle factors, and any specific needs or restrictions. Based on this assessment, develop personalized nutrition plans that include dietary recommendations, meal plans, and education on healthy eating habits. 

To differentiate your nutrition business from competitors, focus on your unique expertise, specialized services, or areas of knowledge. Offer personalized and customized nutrition plans tailored to individual needs. 

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• Decide if the Business Is Right for You
• Hone Your Idea
• Brainstorm a Nutrition Business Name
• Create a Nutrition Business Plan
• Register Your Business
• Register for Taxes
• Fund your Business
• Apply for Nutrition Business Licenses and Permits
• Open a Business Bank Account
• Get Business Insurance
• Prepare to Launch
• Build Your Team
• Run a Nutrition Business - Start Making Money!

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How To Write A Nutrition Business Plan (2024 Guide)

• Last Updated: 31st March 2021
• Nutritionist Resources
• Editors: Harry Griffiths
• Verified By: Abbie Watkins

Writing a nutrition business plan is crucial to empowering your career and helping you to become your boss.

To help you write an effective business plan, we will guide you through this process by explaining:

Why A Nutritionist Business Plan Is Important

Step 1-why your nutritionist business plan should begin with a summary, step 2-include a company summary in your nutritionist business plan, step 3-describe what you aim to sell when creating a nutritionist business plan, step 4-outline your marketing strategies in your nutritionist business plan, step 5-carry out a swot analysis as part of a nutritionist business plan, step 6-include your financial plans & projections in a nutritionist business plan, step 7-conclusion of business plan.

Before we begin, did you know you could increase your earning potential and career prospects by earning a Personal Trainer Diploma ? In doing so, you can create bespoke workout programmes that work alongside your nutrition advice! 

Alternatively, you can learn about the full range of courses we offer by downloading our free OriGym course prospectus .

Boost Your Income With These Nutrition Marketing Secrets

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Before we explore the steps in this article, it’s important to explain why a nutritionist business plan is important to the future success of your business.

First, it creates a step-by-step plan that allows you to set short and long-term goals. These will help you attract investors who will be able to see you have a strategy to generate revenue.

This will also result in you providing calculations for the capital you require to keep your business operational, deliver services and most importantly, keep it profitable. 

Finally, a nutritionist business plan can help you identify problems you may encounter and find  solutions that can help reduce risks towards your business.

In summary, a nutritionist business plan can help you understand how to create a unique brand for your business and find strategies for it to succeed in the fitness industry.

Now that you understand the importance of a nutritionist business plan, let’s examine how you should start your plan.  

An executive summary is a great way to begin your nutritionist business plan. It provides an overview of what will be discussed in the document to captivate readers, which usually contains:

• A mission statement  involves you describing your business’ purpose and what unique selling points it can offer consumers.
• A description of your company here  you can inform readers of your business formation, its locations, the products it offers and a list of your team.
• An overview of your products and services- how your products and services will operate in the market and what gives them a competitive edge.
• Financial plans and projections  opportunities to discuss what funds your business requires to start up or additional funding required, should your business be operational.

If you require inspiration on how to present this information, Forbes has a brilliant example of how to make your summary look professional:

When you’re writing your mission statement , company description, products and financial information, it’s important to avoid using cliche language.

This will help you focus on language that represents your business capabilities rather than offering promises that can’t be delivered.

You’ll also benefit from writing this section of your business plan after the main content has been written, this will allow you to provide the correct information in this section.

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The next step in your nutritionist business plan must include a business overview. You’ll have briefly touched on some of these talking points in your executive summary.

Here, you have the opportunity to provide further information to the reader including:

• The status of your business are  you a start-up or currently operational?
• Company structure  owns the business, who is in your team and their qualifications and experience.

Providing a company summary can help investors understand the level of investment you require based on the status of your business.

If you’re a start-up or have ideas to grow your business, you may require more investment to assist with these plans.

When discussing your company structure, this is a good opportunity to introduce yourself and the team you’ll be working with.

This is a great opportunity to list each team member’s position, responsibilities, qualifications and experience as demonstrated by this template on Visme :

When you provide investors with information on your company structure you’ll be able to demonstrate that their investment is in professional hands.

This is because you’ll be able to list your team's qualifications, and expertise and based on these factors, what their responsibilities within the business will include.

After you’ve provided this information you can then move on to the next crucial step, what your business will sell to generate revenue.

Your nutritionist business plan must list and describe the services and products you plan to sell to consumers.

This is an opportunity to demonstrate you have unique services and products that are doable for your scale of business. 

It’s also important to detail any costs associated with delivering these items from the capital required to create them and also the prices you plan to charge.

You need to make sure this list of services covers everything you offer currently and also products that you later plan to launch.

This will help inform investors that in the event your premium service or product is not generating enough revenue, other services can be optimised to generate income.

Since you’re specialising in nutrition, the revenue streams that might feature in this section of your nutrition business plan could include: 

• Nutrition consultations
• Nutrition packages
• Recipes 
• Event Speaking

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Make Sure You Include Prices in Your Nutritionist Business Plan 

To work out how much to charge, you can see what competitors are charging for services similar to yours.

If you were planning to offer a nutrition package as part of your business model, for example, Bare Nutrition could provide an insight into what you could charge for this type of service:

As you read about their 'Signature Package,' you might want to make your package more competitive by offering a lower price or an extra consultation session.

Once you’ve listed all the products and services you wish to offer and their associated costs, it’s important to list the production costs associated with them.

For example, you may require a full-time member of staff to help deliver consultations, which according to the Payscale for a nutritionist is £25,341:

There may be periods when you may need to consider discount introductory offers to make them appealing to consumers.

After listing your revenue streams, you’ll need to identify the target market you wish to promote your services.

—-------

If you’re enjoying this article, we think you’ll enjoy these too!

• 9 Strategies for Marketing Your Nutrition Business 
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• Make Money As A Nutritionist

Marketing strategies are a crucial part of your nutritional business plan. These will help you implement techniques to attract clients and boost your revenue.  

There are several ways you can gather market research to develop effective marketing plans. Let's take a further look at them.

Identify Your Target Market

When you’re trying to identify your target market, it’s important to gather information on key factors like the age, gender and location of the people likely to purchase your services and products.

Based on data gathered by the UK Parliament , 75% of people aged between 45-74 in England are likely to be obese or overweight:

Providing evidence in your market research can help you hone in on the demographic you wish to market your services to.

Remember the more information you gather, the more accurate your marketing can be when finding the correct demographic who requires your services.

Secondly, you can carry out online surveys on your social media page to find a target audience. SurveyMonkey is a great tool that can assist you in this process as you can find websites:

Not only can you learn more about the age, gender and location of your demographic who answers these questions but you can also ask questions based on your proposed services and see if there is demand for them.

You can also contact competitors and mystery shops to find out more about what their business offers.

This will be useful if your competitors do not list their prices on their sites, and require you to email them to find out more about their services.

You could even read their reviews online to understand what are the best and worst qualities of their services.

For example, on Google reviews, the Nutrition Therapy Practice is described as being knowledgeable and caring in the delivery of their work to their clients:

These are qualities you may wish to emulate or build upon to make your services competitive in the market.

This will help inform you about pricing, location and the most effective ways you can promote your products.

Once you've carried out all of your market research, you need to develop marketing strategies to act as a framework for you to follow

Detail Your Marketing Methods in a Nutritionist Business Plan

In this section of your business plan, you need to detail different marketing methods you’ll use to promote your nutritionist business such as Google My Business , Google Ads and Facebook Ads .

Let’s explore these in more detail.

Marketing Method #1- Google My Business Can Help Increase Your Business Exposure

Creating a Google My Business profile is a great way to promote your business online if you haven’t created social media accounts or an official website.

It has many benefits for your business, allowing you to reach a wider audience, including:

• Your business appears on Google Maps and local listings
• Get customer feedback on your services through reviews
• Provides analytics to understand who is searching for your services

You can list these benefits in your nutritionist business plan, alongside a brief overview of how you’ll create a Google My Business profile: 

To demonstrate how this information could be presented, you can even use a nutritionist business with its own Google My Business profile, for example at Realise Nutrition:

As you can see from their profile, they have included the following information for users to read:

• Name of business
• Opening hours

In your business plan, you can state that these features will be used when you use Google My Business to create your nutritionist profile to boost your exposure and user engagement. 

Marketing Method #2- Use Google Ads To Generate Leads And Customers

Next, you should describe how you’ll use Google Ads which are advertisements you wish to appear at the top of a Google page for a certain keyword search.

If you search for ‘Nutritionist Liverpool’ you’ll see how these Google ads work as they are listed as sponsored ads on the results page:

In your business plan, you can also describe how you’ll use Google Ads to inform investors how you’ll make your ads appear on the top of Google results using:

• Targeted ad
• Google Analytics
• Google campaigns

For example, if you want to run a nutritionist business in Liverpool, here are some of the keywords you could use for a targeted ad when using Google Keyword planner :

This will inform investors of the marketing strategy you have, along with the associated when you plan to use Google Ads for your business .

Marketing Method #3- Use Facebook Ads To Broaden The Reach Of Your Audience

Finally, you can describe how Facebook Ads will help broaden your reach. You can list what type of Facebook ads you wish to create to increase your exposure, such as:

• Image Ads- to help generate in your business
• Carousel Ads- using multiple images to help generate sales
• Video ads- to create engagement with your product

You can also visit Facebook Ads library to find real-world adverts from businesses that offer similar services to yourself.

For example, if you want to promote your nutrition packages, you could use Wayne Nutritionist’s advert as an indicator of how you would like to present your adverts:

As you can see from this advert, they’ve provided a link for users to query about these services further.

You can also describe the process that will be involved in creating your Facebook ads , once you’ve created an account, including:

• Ad Objectives- is it to generate leads, sales or engagement
• Choosing your audience depends  on the demographic you wish to target, based on factors such as age, gender and location.
• Where do you wish to run your ad- such as Facebook, Instagram or both?
• The length of time you want to run the ad for, along with the times and days of the week you wish them to appear.
• Measuring analytics to  see how well the advert performed and the process involved to make any amendment if data indicates the advert is performing well.

These details will help you provide relevant information to investors when you describe how you aim to create effective Facebook ads .

How To Show The Impact Of Your Marketing Strategies

If you’ve already published social media adverts, you can use them as evidence to showcase their performance and how you marketed them:

This should include costs to help with the creation of marketing materials or if you’re operating as a startup, the marketing plans you have for the future.

If you’re hoping to secure capital from investors, you should include data that demonstrates the effectiveness of your marketing campaigns.

This should include details about the reach and engagement of your adverts to show how well they performed on the multiple social media platforms they appeared on.

We’ve included an example of how this information could be presented in your business plan, illustrating the leads that were generated over 4 weeks using Facebook ads:

You can also include a chart to show the costs associated with generating each lead. This can help investors understand how much funding you may require to generate more leads:

If you’ve not run a marketing campaign already, you can simply include projections including the estimated expenditures and projections you require and anticipate to make.

Once you know the services and products you’re business is selling to the public, it’s important to carry out a SWOT analysis .

A SWOT analysis is a form of strategic planning that identifies your business' weaknesses:

• Strengths are features of your business that will give you a competitive edge in the marketplace such as qualifications, experiences and passions.
• Weaknesses include areas of your business that need to be improved to become profitable, such as poor marketing strategies and lack of skills.
• Opportunities- it’s a chance to improve the weaknesses you’ve identified that could increase your business revenue such as new services or marketing strategies.
• Threats- identify risks that could stop you from turning your opportunities into revenue such as your competition and costs.

Here is an example of how the areas of a SWOT analysis could look for your business:

When you’ve determined which sections of your business apply to these areas, it can help you plan your next moves to resolve any problems you believe require attention. 

In the example above, you could complete a PT qualification to address the lack of qualifications you identified as a weakness.

If you need help completing a SWOT analysis you can discover the pros and cons of being a nutritionist to help you write one.

Including financial projections in your nutritionist business plan is important, particularly if you’re looking to secure investments and loans.

The amount of information you include in this section is dependent on who you’re seeking investment from but also the status of your business, for example, is it in the development stages or has it been launched?

If your business has only just started you should include projections compared to financial reports if you’ve been operating for several years.

It’s important to make sure you mention expenses, such as wages, rent and utilities here, as this will provide an accurate picture of the profits you hope to make.

This section of your business plan will also involve you detailing how you expect your business to generate revenue and sustain a cash flow to keep your business sustainable.

To make sure your financial projections are as accurate as possible, it’s important to include the following information in your nutritionist business plan:

• A Business balance sheet
• A Business income statement
• A cash-flow sheet

We’ll now explore these in more detail and explain how they can benefit your nutritionist business plan.

Tip #1 A Business Balance Sheet Can Help Investors Understand Your Nutritionist Business  

A balance sheet consists of two columns that help you understand your assets, what you owe and your business’ equity.

The column on the left lists your assets which indicates how you can deliver and fund services whilst also increasing growth.

Assets can range from equipment to your nutritionist business plan that helps you deliver your services.

The column on the right indicates your liabilities, these are financial obligations you owe to third parties such as payments to suppliers or bills you have to pay.   

Business assets can fall into one of two categories, these are:

• Current assets such  as stock or cash holdings you could use to pay for future expenses. 
• Non-current assets- such as property and equipment that are expected to be used by your business for more than 12 months.

Apple Inc. provides an example of how a professional balance sheet should look:

If your place of business is rented or requires you to pay a mortgage, this would be included in the liabilities section.

When you’re reviewing your balance sheet you may discover that your liabilities will focus on start-up costs including any loans that you were issued.

If you’re able to show a positive cash flow along with assets that generate income, you’ll be able to establish yourself as a reputable business, indicating to investors you’re able to repay any money that is loaned to you.

Tip #2 A Business Income Statement Is A Vital Component Of Understanding Your Finances

A business income statement is a critical part of your nutritionist business plan as it shows you the profit you’ve made following the deduction of taxes from your income.

It generally details your revenue, expenses and net income allowing you to determine whether a profit can be generated by adjusting costs or reducing losses by adjusting your business plan.

Your income statement can provide useful information to investors who are looking to offer you capital as they can see how profitable your business is.

The Washington Bankers Association provides an example of what an income statement would look like:

Your income statement can help you identify financial strengths and weaknesses that can later form part of your SWOT analysis.

We recommend that you produce an income statement every month if you’ve just launched your business. This will help you keep track of your finances and adjust your spending accordingly.

Once you’ve established your business you can then move to create quarterly and annual statements.

Tip #3 A Cash Flow Statement Can Help Your Business Identify A Positive Cash Flow

Finally, your nutritionist business plan should have a cash flow statement. It helps indicate the amount of cash that is entering and leaving your business.

A successful business will always generate more income compared to its outgoings which means it has a positive flow of cash.

Investopedia has created a useful cash flow statement to illustrate what information should be included in the statement such as net earnings and subtractions:

This information can be used to identify business strengths and weaknesses to help maximise revenue. 

You may, for instance, try to increase revenue by offering more features in your online consultations after identifying this as a financial weak spot on your cash flow sheet.

A cash flow sheet should also indicate which areas of your business are generating a low income so you can allocate portions of your profits to make these areas more profitable.

Once you’ve included these three pieces of financial information in your business plan, it’s time to consider what you should include in the conclusion of your plan.  

Finally, it’s important to make sure you summarise the points you’ve raised in your nutritionist business plan with a conclusion. The statement doesn't require much information and can be kept short.

This is a great opportunity to reiterate the potential your business has, highlight important sections of your plan and mention where you plan to take your business.

Here’s how our closing statement for our hypothetical business Better Life Nutritionist Liverpool might look:

CONCLUSION Better Life Nutritionist Liverpool is a health and fitness company that aims to improve the lives of its clients. We aim to compete with other nutritionists in the market by offering specialised services that are designed from the research we’ve conducted. We’re confident that investors will receive returns on their investments when they collaborate with us on this business venture. Our marketing strategies will continue to evolve as the business continues to grow and attracts new clients. We are expecting our client base to grow by 50% in the next 10 years and see a 90% increase in revenues during this period.

It’s also important to include data in this section if you’re looking to secure funds from investors. 

This will indicate to investors how the business will grow and generate revenue but crucially how they can receive returns on the investments they make.

If you require a nutrition business plan sample pdf to help complete your business plan, The Princes Trust has downloadable templates to help you create your own.

IS A NUTRITION DEGREE REALLY WORTH IT?

Discover the 6 reasons to reconsider your options!

Before You Go!

After reading this article, we hope you have all the information you need to create your nutritionist business plan.

Remember you take to expand your career opportunities by enrolling on a Level 3 PT trainer diploma .

You can discover what other courses are available at OriGym with our 2024 course booklet .

Written by Liam Donohoe

Liam graduated from Liverpool John Moores University with a 2:1 in BA (Hons) English and Creative Writing. He has also co-written a short film that has been featured in several film festivals. In October 2023, he ran and completed his first half marathon and for 2024, he's now training to complete his first metric marathon.

In his spare time, Liam likes to teach himself German, read books, lift weights and listen to metal music that only passionate fans of the genre will understand.

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Guide to start a nutrition business in 2024 [templates included]

Welcome to the era of health-conscious consumers and an ever-growing demand for nutrition expertise. If you’re passionate about promoting healthy lifestyles and helping others achieve their wellness goals, starting a nutrition business in 2024 could be the perfect venture!

This comprehensive guide will walk you through the essential steps on how to start a nutrition business , empowering you to create a successful and impactful enterprise in this dynamic industry. From honing your skills and developing a solid business plan to navigating legal requirements and marketing strategies, we’ll equip you with the knowledge and insights needed to turn your passion for nutrition into a thriving business. So, let’s dive in and discover the exciting possibilities that await you on this fulfilling journey!

Steps to start a nutrition business

Grab pen and paper, because here we bring you all the steps you need to start your nutrition business and take it to the stars!

1. Define your niche

When starting your nutrition business, one crucial step is identifying your target market . With the wide range of dietary preferences, needs, and specialties, it’s important to focus! Let’s take a look at some potential niches :

• Weight loss coaching : You’ll guide and support clients on their journey towards a healthier weight and improved well-being!
• Sports nutrition : If you have a background in sports or extensive knowledge of the nutritional needs of athletes, specializing in sports nutrition can be a rewarding choice.
• Plant-based diets : You’ll educate clients on the benefits of a plant-based diet, offer meal planning ideas, and ensure they meet their nutritional needs without animal products.
• Family nutrition : Specializing in family nutrition allows you to assist parents in providing balanced meals for their children and promoting healthy eating habits within the family.
• Holistic nutrition : If you believe in the interconnectedness of mind, body, and spirit, a holistic nutrition niche might be the right fit for you.

To choose the ideal niche for your nutrition business, reflect on the following questions :

• What aspects of nutrition excite and interest you the most?
• In which areas of nutrition do you possess extensive knowledge and expertise? 
• Who can benefit the most from your expertise? 

2. Develop a business plan (nutrition-focused)

Developing a nutrition business plan is like creating a roadmap to your success. It’s a dynamic and ever-evolving document that guides you toward achieving your business goals, objectives, and dreams. To create a robust nutrition business plan, start with thorough research on the market, competition, and industry trends. 

This research will help you identify your unique selling proposition (USP) and distinguish yourself from the competition. From there, you can craft a detailed description of your products or services, pricing strategies, target market segmentation, and marketing plan. 

But don’t stop there! Remember, a Nutrition Business Plan is not set in stone; it’s a living document that changes along with your business. Continuously update your plan as you gain experience and insights to ensure long-term success.

3. Register your business

Registering your nutrition business provides a legal foundation for your business , protecting you from potential liabilities and giving you access to certain benefits that are available only to registered companies. Before you begin the registration process, determine the legal structure of your business , whether it’s a sole proprietorship, partnership, LLC, or corporation. This choice will affect the registration process, fees, taxes, and legal obligations. 

But don’t worry; there are plenty of resources available to help you navigate the registration process , including online guides, legal services, and government websites. Once you’ve successfully registered your nutrition business, you’ll have peace of mind knowing that it’s legally recognized and ready to operate. So, take the necessary steps to register your business today and ensure that your nutrition business is built on a solid legal foundation!

4. Get certified

Getting certified is one of the smartest moves you can make when starting a nutrition business. It’s not just a piece of paper; it’s a symbol of your expertise, credibility, and commitment to the field of nutrition . Earning certification shows your clients that you take their health seriously and are dedicated to providing them with the best possible care. 

With so many options available, it’s essential to select a certification program that aligns with your values and goals. Some programs may require rigorous training, education, or experience, while others may be more flexible. Whatever your choice, don’t let intimidation hold you back. 

Many certification programs offer comprehensive study materials, professional support, and mentorship opportunities to help you succeed. Once you’ve earned your certification, you’ll have the confidence, knowledge, and skills to operate a successful nutrition business. So, invest in yourself and your future by getting certified and joining the ranks of qualified and respected nutrition professionals.

5. Build your brand

Building your brand is a crucial step towards setting yourself apart in the crowded nutrition industry, and it all starts with crafting a story that resonates with your target audience . Your brand should reflect your unique values, personality, and mission. Begin by defining your target audience and creating a compelling brand identity that sets you apart!

Develop a strong voice and a memorable logo, color scheme , typography , and messaging that tell your story and connect with your audience. Remember to keep your brand cohesive across all platforms, including social media, your website, and marketing materials. Having a brand kit can be really helpful to do so!

Social media is an invaluable tool for building your brand and engaging with potential clients. Use it to share your knowledge, expertise, and passion for nutrition , and connect with your audience. As your business grows, your brand will evolve, so keep experimenting, iterating, and refining your brand identity to stay relevant and stand out.

Get Nutritionist Logo Template

6. Launch your business

Launching your nutrition business is an exciting and rewarding moment that marks the culmination of all your hard work. It’s a time to celebrate, but also a time to remain focused and strategic as you navigate the early stages of your business. Start by finalizing your business plan , including financial projections, marketing strategies, and sales goals. Next, set up your business infrastructure , such as your website, social media, and payment systems. 

Once your business infrastructure is in place, it’s time to hit the ground running with your marketing strategy . Leverage social media, email marketing, and other advertising channels to build awareness and generate leads. Consider offering promotions, discounts, or other incentives to attract new clients and build momentum. 

Remember that launching your business is just the beginning of your journey. Stay committed to your business plan, monitor your progress, and adjust your strategies as needed . With focus, determination, and a bit of luck, you’ll be on your way to building a successful nutrition business that helps people live healthier and happier lives!

7. Market your business

Your nutrition business is only as successful as your ability to market it effectively. This is why a good marketing strategy is a final and critical step towards reaching your ideal audience, establishing credibility and growing your business. To begin, get crystal clear on your target audience , their needs and preferences, then craft a compelling marketing message that resonates with them. 

Next, leverage a variety of marketing channels to reach your audience , from social media , such as Instagram Ads or TikTok strategies, content creation to email and search engine optimization (SEO) . Experiment with various tactics and track your results to find what works best for your business. Don’t forget the power of networking and word-of-mouth referrals. Attend industry events, connect with other professionals , and encourage your satisfied clients to share their experiences with others.

Get Nutritionist Business Card Template

Consistency is key! Ensure that your marketing message stays true to your brand’s values and remains consistent across all channels. Finally, be adaptable to changes in the industry and your audience, so you can continuously improve your marketing strategy. With an effective marketing strategy in place, you’ll be well on your way to building a successful nutrition business that transforms people’s lives and makes a significant impact on the health and wellness industry.

Expand your nutritional business with these free templates

Nutritionist brochure template.

Explore our Nutritionist Brochure template , a visually appealing and informative design for nutritionists to effectively communicate their services, expertise, and health advice to potential clients.

Get Nutritionist Brochure Template

Meal planner template

Check out our Meal Planner template , an intuitive and easy-to-use layout meant to help you plan your meals, balance your nutrition, and maintain a healthy lifestyle with ease and efficiency!

Healthy recipe workshop poster template

Unveil the joys of healthy cooking with our Healthy Recipe Workshop Poster template . A visually compelling tool designed to attract participants to your nutritious, fun-filled culinary workshop.

Get Healthy Recipe Template

Natural food blog header template

Elevate your blog’s visual appeal with our Natural Food Blog Header template ! This customizable design is designed to spotlight your dedication to promoting wholesome, natural food choices.

Conclusion and final thoughts

Congratulations, you’re on your way to starting a nutrition consulting business! By following the steps outlined in this blog post, you’ll be well-prepared to take on the challenges and reap the rewards of entrepreneurship. 

Starting your own business is an incredible opportunity to make a meaningful impact on people’s lives while pursuing your passion for nutrition . Imagine helping others achieve their health goals and living life to the fullest. It’s all possible with dedication, hard work, and a willingness to take risks. So go out there and start making a difference, one client at a time. Good luck on this exciting journey!

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Nutrition Coach Business Plan

Published Aug.29, 2023

Updated Apr.23, 2024

By: Jakub Babkins

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Table of Content

Nutrition Business Plan Sample

If you want to help people be healthier, starting a nutrition coach business could be a great option. Nutrition coaches give people customized tips to eat better, lose weight, manage illnesses, or perform better. To start a successful business, you need a nutrition coach business plan . This helps you:

• Decide your business goals
• Figure out who your customers are
• Understand competitor businesses
• Make a marketing strategy
• Figure out costs and financing

This article gives a nutrition business plan example that you can use as a template for your own nutrition coach business. The sample covers all the main parts you need in your plan. You can also refer to our herbalife business plan .

Executive Summary

The executive summary is a brief overview of your nutrition coach business plan. It should highlight the main points of your business concept, services, customer focus, management team, success factors, and financial highlights. The executive summary should be written first.

Business Overview

Healthy Habits Nutrition Coaching is a sole proprietorship owned and operated by Julia Bender , a certified nutrition coach based in Los Angeles, California. Individualized nutrition guidance for better health is what we provide. Working one-on-one or in groups, we help people improve wellness through tailored nutrition plans. Clients get personalized nutrition programs crafted for their objectives, tastes, routines, and health background. Ongoing coaching, feedback, and tracking help clients stay on track. Healthy Habits Nutrition Coaching delivers customized nutrition coaching online or locally for healthy living.

Healthy Habits Nutrition Coaching provides personalized nutrition guidance in individual or group settings online or in-person.

• One-on-one coaching with Julia Bender evaluates clients’ health, habits, objectives, preferences, and obstacles. Julia will then design a customized nutrition plan outlining what, when and how much to eat to optimize your health.
• Group coaching led by Julia Bender accommodates up to 10 people seeking shared nutrition and wellness goals. Interactive sessions address topics like weight management and heart health.
• Online nutrition coaching grants global access to Julia Bender’s expertise through Skype, email, or phone. Get an initial consultation, weekly check-ins, personalized nutrition plan, unlimited email support and access to an online portal with meal plans, recipes, shopping lists and progress reports.

Customer Focus

Healthy Habits Nutrition Coaching focuses on serving customers who are motivated to make positive changes in their nutrition and health. Our ideal customers are:

• Busy professionals who want to lose weight, increase energy, and reduce stress through a nutrition club.
• Athletes who want to optimize their performance and recovery through nutrition.
• Individuals managing chronic illnesses like diabetes, high blood pressure, or high cholesterol who want to control symptoms and enrich quality of life through diet.
• People who want to prevent or reverse chronic diseases such as obesity, heart disease, or cancer through nutrition.

Management Team

Healthy Habits Nutrition Coaching was founded by certified nutrition coach Julia Bender. With over 5 years of experience, Julia holds a bachelor’s in nutrition science from UCLA and an accredited nutrition coaching certification.

As owner, Julia oversees all aspects of the business including:

• Delivering personalized nutrition counseling and coaching
• Creating and updating nutrition plans, materials, and resources
• Marketing and promoting services to new and existing clients
• Managing finances, accounting, taxes
• Hiring and training staff as needed

Success Factors

Healthy Habits Nutrition Coaching’s success factors are:

• Providing high-quality and personalized nutrition coaching services that deliver results for clients.
• Leveraging technology to offer convenient and accessible online coaching options for clients.
• Building long-term relationships with clients based on trust, respect, and empathy.
• Creating a strong brand identity and reputation in the market as a leading nutrition coaching company.
• Developing strategic partnerships with businesses, health professionals, and influencers to expand the customer base and increase referrals.

Financial Highlights

Healthy Habits Nutrition Coaching’s financial outlook is predicated on:

• January 2023 launch with $10,000 initial investment from founder Julia Bender’s personal savings.
• Operating from a home office using online platforms to deliver services. Key expenses: marketing, software, insurance, taxes, fees.
• Charging $100/hour for personalized nutrition counseling, $50/person/hour for group counseling, $300/month for online coaching. Average monthly clients: 20 individuals, 10 groups, 15 online.
• Breaking even in year one, generating $36,000 net profit. 20% annual revenue growth projected for following years.

Company Overview

The company overview section in the fitness center business plan template provides details about the nutrition coach business concept and how it differs from other similar businesses in the market.

Business name

The name of the business is Healthy Habits Nutrition Coaching. We’re about establishing healthy patterns – practical nutrition paired with sustainable lifestyle changes – to help you thrive. No extreme diets, no impossible exercise regimes. Just sensible guidance to make each day a little more nourishing. Our name conveys our commitment to supporting your unique wellness journey through evidence-based nutrition strategies.

Who is Healthy Habits Nutrition Coaching Nutrition Consultant?

Healthy Habits Nutrition Coaching Nutrition Consultant is Julia Bender, the founder and CEO. With a bachelor’s degree in nutrition science and over 5 years experience, Julia Bender brings certified expertise to her nutrition practice. Leveraging her background, Julia has provided nutrition consulting services to various organizations. Julia’s expertise helps Healthy Habits Nutrition Coaching fulfill its mission of guiding clients toward personalized nutrition goals and sustainable healthy lifestyles.

Healthy Habits Nutrition Coaching Nutrition Consulting History:

Healthy Habits Nutrition Coaching Nutrition was established in 2023 by Julia Bender, who saw a gap in the market for personalized nutrition counseling and coaching services for busy professionals. Leveraging her personal savings, Julia Bender founded Healthy Habits Nutrition Coaching as a sole proprietorship. She built up the business by hiring two independent contractor nutrition coaches to assist with service delivery. To further expand her reach, Julia had a website and online platform custom-built. It allowed Healthy Habits Nutrition Coaching Nutrition to provide virtual coaching sessions and connect with potential clients across the region.

Industry Analysis

Nutrition coaching is really taking off! People are now turning to qualified coaches for guidance and support in their journey to better health. According to a report , the health coaching market size was valued at $16,914.65 million in 2021 and is estimated to reach $34,812.48 million by 2031, growing at a CAGR of 7.4%.  

A few key trends are driving this growth:

• Health and wellness are top priorities. Consumers want to improve their diets and overall health. Research found that 93% of Americans want to eat healthy, and 63% of consumers say they try to eat healthy most or all of the time.
• Demand for personalized plans. People want customized nutrition plans tailored to their health goals, preferences and needs. No one-size-fits-all approach.
• Online coaching is popular. Virtual coaching makes expert advice more accessible. Research indicates that the virtual nutrition coach app market is projected to reach a valuation of USD 10,355.09 million by 2032.
• Corporations see ROI. Businesses invest in nutrition coaching for employees. A study showed wellness programs report an average ROI of 3, returning $3 for every $1 invested.

Registered Dietitian credentials are preferred but not required in most states. An accessible, empathetic coaching style builds client relationships.

The future of the nutrition center is promising, offering personalized plans and virtual options that provide significant value. Keeping up with key industry trends will position for success.

Customer Analysis

The customer analysis section in the personal training business plan provides a detailed description of your target market and customer segments.

Demographic Profile of Target Market

Healthy Habits Nutrition Coaching targets adults aged 25-55 in the Los Angeles area or who can access online services. These customers want to improve health through nutrition but lack knowledge or motivation to do so alone. They may have specific conditions needing dietary guidance or be busy professionals needing convenient, flexible solutions.

Per 2019 data, Los Angeles County had 10 million people, with 54.6% aged 25-54. Internet users totaled 8.8 million, or 87.7% of the population. So the potential market is about 4.8 million adults aged 25-55 with internet access.

Key customer needs, pain points, goals and motivations:

• Need – Improve health with a personalized, nutritious diet.
• Pain point – Struggle due to time, knowledge, or resources.
• Goal – Attain health milestones like weight loss, energy boost.
• Motivation – Enhance life quality, confidence, happiness.

Customer Segmentation

Healthy Habits Nutrition Coaching targets three customer segments:

• Busy professionals – Seeking convenient, effective nutrition solutions that fit their demanding careers and lifestyles. Willing to pay for personalized coaching to improve health without sacrificing productivity.
• Pregnant women – Seeking guidance on optimal nutrition for themselves and babies. Willing to pay for customized coaching to cope with pregnancy changes and prepare for motherhood.
• Weight loss seekers – Want sustainable solutions to lose/maintain weight without fad diets. Willing to pay for individualized coaching to develop healthy eating habits and lifestyle changes.

Competitive Analysis

The competitive analysis section in the nutrition coach business plan provides an overview of the main competitors in the nutrition coaching industry and how your business compares to them.

Direct and Indirect Competitors

Healthy Habits faces direct and indirect competition from other LA-area/online nutrition services:

Direct competitors:

• Nutrition Coach LA – Offers personalized/group coaching for weight loss, diabetes, sports nutrition, pediatric nutrition, vegan/vegetarian diets.
• Eat Well LA – Focuses on integrative/holistic nutrition, food sensitivities, gut health, hormonal balance.
• Nourish LA – Emphasizes plant-based/whole foods, mindful eating, sustainable habits.

Indirect competitors:

• Fitness Trainers – Provide exercise programs and general nutrition advice. Check our fitness center business plan for more details.
• Wellness Coaches – Cover overall wellness, may include some nutrition tips. Check our wellness business plan for more details.
• Therapists – Address mental health issues that may influence eating behaviors.

Competitive Advantage

Healthy Habits Nutrition Coaching combines evidence-based nutrition advice, customized meal plans, ongoing support and accountability. It differentiates itself by:

• Providing professional, science-backed nutrition counseling tailored to each client
• Offering flexible access via online platforms, phone, home visits
• Building strong online presence and reputation through website, social media, reviews
• Leveraging referrals and word-of-mouth marketing from satisfied clients
• Staying current on latest nutrition and health research
• Expanding services and target market over time

Marketing Plan

The marketing plan in the nutrition coach business plan outlines strategies and tactics to promote the business and attract customers, including:

Promotion Strategy

Healthy Habits Nutrition Coaching’s promotion strategy centers on these goals:

• Increase brand awareness and visibility.
• Generate leads and conversions.
• Build trust and loyalty.

Key online marketing channels:

• User-friendly website with booking system
• Active social media presence to share nutrition tips and interact with followers
• Email marketing with newsletters, success stories, and promotional offers
• Encouraging online reviews on platforms like Google and Facebook

Key offline marketing channels:

• Referral program with incentives for customers who refer new customers
• Networking at events related to nutrition and health to make industry connections

Healthy Habits Nutrition Coaching bases its pricing on value, market research and tiered packages:

• Individual counseling – $100/hour in-person or online
• Group counseling – $50/person/hour in-person or online
• Online coaching – $300/month for unlimited access to coach, customized plans, check-ins and email support

Operations Plan

The operations plan section in the nutrition coach business plan provides an overview of the key functions and activities that you will perform to run your business.

Operation Functions

Healthy Habits’ main functions are:

• Service Delivery – Providing nutrition counseling and coaching services to clients, either in-person or online. It includes:
• Consultations to assess clients and develop personalized nutrition plans
• Provide educational materials and nutrition tips
• Regular follow-ups for support and accountability
• Evaluate outcomes and collect testimonials
• Marketing – Promoting the business and attracting customers through various online and offline channels. It includes:
• Maintain user-friendly website showcasing services
• Manage social media profiles
• Send regular nutrition and health newsletters/content
• Encourage online reviews
• Implement referral program
• Participate in industry networking events
• Finance – Managing the financial aspects of the business. It includes:
• Track income and expenses
• Prepare financial statements and reports
• Seek funding if needed
• Administration – Managing the administrative aspects of the business. It includes:
• Register business name and obtain licenses
• Get insurance coverage
• Hire and train staff
• Maintain records and documents

The management team section in the nutritionist business plan provides an overview of the key people who will run and manage the business.

Founders and Owners

Healthy Habits Nutrition Coaching is founded by Julia Bender (CEO) and is assisted by John Jeffrey (CFO) , both certified nutrition coaches.

Julia has nutrition degrees from UCLA and USC, 5+ years experience as a nutritionist, and certifications like Precision Nutrition. Her strengths are nutrition expertise, communication skills and motivating clients.

John has business and finance degrees from UCLA and USC, 3+ years as a financial analyst, and nutrition certifications (part-time). His strengths are analytical thinking, attention to detail and financial management.

Financial Plan

The financial plan section in the nutrition coach business plan provides an overview of the financial aspects of your business.

Key Revenue Sources and Costs

Healthy Habits Nutrition Coaching’s main revenue source is fees for nutrition counseling and coaching services. Fees vary based on service type, duration, frequency, and delivery mode. Average fees are:

• Online coaching – $300/month for unlimited access to coach, customized nutrition plan, weekly check-ins, email support, etc.
• Marketing – $10 average per client
• Service delivery – $5 average per client
• Overhead – $1,000 average per month
• Salaries – $5,000 average per month

Funding Requirements and Use of Funds

Healthy Habits Nutrition Coaching requires an initial investment of $10,000 from founders’ personal savings to fund the first six months.

Initial investment will be used for:

• Website development: $2,000
• Marketing materials: $1,000
• Equipment and supplies: $1,000
• Legal and accounting fees: $1,000
• Working capital: $5,000

No additional funding anticipated for the next three years. Business expects to achieve profitability by June 2023 through generated revenue covering costs.

Key Assumptions

Healthy Habits Nutrition Coaching’s financial projections assume:

• $10,000 initial investment from personal savings
• Operations in Los Angeles area or online
• Three service types: individual counseling, group counseling, online coaching
• Individual: $100/hour
• Group: $50/person/hour
• Online: $300/month
• Individual: 10
• Individual: 4
• Online: Unlimited
• Marketing: $10
• Service delivery: $5
• Overhead: $1,000
• Salaries: $5,000
• 10% annual revenue and cost growth rate

Fuel Your Nutrition Coaching Business Plan Success with OGSCapital

At OGSCapital , our experts deeply understand thriving nutrition coaching businesses. With 15+ years helping diverse entrepreneurs, we have specialized expertise to turn your passion into a profitable venture.

We take a holistic approach – learning your vision and goals. Then we develop customized strategies focused on sustainable growth, whether you’re starting out or scaling up.

Our nutrition coaching clients benefit from:

• Industry expertise to develop strategies based on understanding your business model
• Financial modeling and detailed projections based on your operating plan
• Business plans designed to attract investors and funding
• Ongoing support during plan execution and business growth

We become trusted partners, providing unparalleled support so you can focus on empowering clients’ health. Contact our experts at OGSCapital to create your roadmap to a thriving nutrition coaching business.

All tables in PDF

Frequently Asked Questions

Q. What does a nutrition coach do?

A nutrition coach assists people to eat better, make meal plans, and hit health aims. They make personalized food plans for each person based on health needs and targets. The guide gives help on healthy eating and reaching nutrition goals.

Q. What is the difference between a nutrition coach and a nutritionist?

Nutritionists have formal training and credentials, while coaches take a more informal, experience-based approach. Despite both being from different backgrounds, the primary objective is to improve health via proper nutrition. 

Q. How do I start a nutrition coach?

To start as a nutrition coach, gain nutrition knowledge and experience, obtain certifications if desired, develop your coaching skills, and market your services to attract clients.

Q. Why hire a nutrition coach?

Hiring a nutrition coach helps you get custom advice to achieve your goals of healthy eating and personal well being. A nutrition coach will help you stay motivated with their personalized nutrition food plans to meet your end goals.

OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

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Megan Boitano

Registered dietitian nutritionist Megan Boitano, MS, RD, helps dietitians leverage their expertise and generate income via creation and sale of online nutrition resources. She is the founder of Well Resourced Dietitian, a digital marketplace for dietitians to both sell and buy original, digital materials for use in their nutrition practices, including ebooks, handouts, presentations, webinars, worksheets and more.

• September 9, 2020
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10 Essentials for Starting Your Booming Nutrition Private Practice

Wondering about how to start a nutrition business? Where to even begin? Launching an in-person or virtual nutrition private practice can feel overwhelming…but visions of designing your perfect career are keeping you up at night and freedom beckons. 

Trying to find the tools and resources you need can leave you running in circles searching for answers. From creating a business plan , to website design, client education materials and marketing, a successful dietitian private practice requires a set of tools and skills.

This article features ten essential elements that every aspiring nutrition private practice owner must think through.  In addition, it provides suggested resources and features insight from fellow successful dietitian private practice owners. 

No more wondering how to start your thriving nutrition private practice – we’ve got you covered !

Getting a Dietitian Private Practice Started

Before you jump in, how do you know if private practice is right for you?

Many dietitians have chronicled their experiences of launching a private practice. Links to these posts are included throughout this article.  You can benefit greatly by reading these and feel more confident as you will know how you will navigate similar experiences as you launch your nutrition business. 

A checklist can make it easier to keep track of the tasks you need to complete. It can also create motivation and provide clarity on your dietitian private practice launch journey.

For a more comprehensive resource, this 2-part book series details the 10 Steps to Start Your Own Business and the 10 Steps to Grow Your Own Business .

Nutrition Private Practice Essentials for Registered Dietitians

1. who is your ideal client.

These days, there are so many ways to work as a dietitian. Most people join the field because they want to help people, and the good news is that there are so very many ways to do that. From teaching preschoolers about healthy eating to working with elite athletes to promoting gut health , everyone benefits from the expertise of a registered dietitian. 

Step 1 of how to start a nutrition business ? Deciding exactly who you are helping and why. This is the foundation to building your brand and allows you to grow deliberately and more effectively by minimizing distractions. If an opportunity comes up for a different kind of project or client, you can say no or refer to someone else, for now. 

Think about what topics you can read about and talk about until your friends beg to change the subject. That’s probably a clue about who your ideal clients are! People want to work with someone who they can help them, who understands them and can solve their problems or pain points.

The more specific you can be on who you want to help allows you to laser focus on your goal and grow! You’ll feel worn thin quickly if you’re seeing a client with diabetes followed by someone needing to follow a low FODMAP diet and then an underweight child before someone with a stomach ulcer – that is way too many types of clients to be up-to-date on best practices. 

In this article by Jenna Gorham, RD, she gives great insight into the value of having clarity about your brand and how it helped her grow her business. Rather than spreading out in a million directions, grow steadily with one main focus. You can always add more later (and even change your mind – you’re the boss!)

2. Branding and Design

Now that you know what your nutrition business is all about, it is time to prepare to market yourself. Your brand is more than just a logo or a name. Branding and design include essentials like business cards, social media graphics, stock photography or professional photos to elements such as colors, fonts, and your style.

Decisions about branding will be influenced by your target audience as well as your personal style. Your brand should feel both authentic but also be unique and memorable. You’re not trying to impress everyone – you want to genuinely connect with your ideal clients. 

Hiring a graphic designer or branding specialist to create essential brand elements is one approach. You can also take a DIY approach and leverage design tools such as Canva to create branded materials for your business.

To get top quality results, you will want to learn how to think like a designer and understand the basics of graphic design. This can be easier than you think using Canva ! You can quickly learn to create gorgeous graphics for your business including social media banners and business cards as well as flyers and handouts for your clients.

3. Practice Management and Reimbursement

Practice management.

How are you going to run the day-to-day aspects of your practice? Perhaps you’ll utilize a comprehensive electronic health record (EHR) complete with scheduling, online client paperwork , messaging and payments.  

Will you also offer virtual visits? With more and more people working remotely, you may consider skipping the overhead of a physical office space and only see people virtually . 

There are several EHR platforms that are built specifically for dietitians.  The features and functionality vary, as well as the pricing. Most offer a free trial period where you can give various features a test drive.

In this article , virtual practice owner Kristi Coughlin, MS, RD provides detailed recommendations for how to select a platform for running your telehealth practice.

When trying out various options, do more than just browse around the platform. Embed the scheduler tool on your website and see how easy the booking process is. Create a client account and test out sending electronic paperwork. Test the program from both the client and practice owner perspective. 

One key way to set yourself apart and efficiently run day-to-day tasks is to have a solid process for booking, paperwork, documentation and billing. Having a practice management tool that makes these elements easier can save you a great deal of time. The more you can automate, the less time you’ll be spending (or hiring someone) to do those tasks. 

If you opt to use an all-in-one practice management tool or EHR, be sure to test out the tools and processes you decide on from the customer perspective. Make sure that the process is clear and as easy-to-complete as possible. If you decide to use Practice Better, check out out one of our best sellers on WellResourced: the Complete Client Form Package for Practice Better.

Reimbursement

Reimbursement for your services is one essential consideration. Will you be cash-pay only or accept insurance? If you plan to accept insurance , it can feel overwhelming to figure out the steps in the process. Leveraging the expertise of colleagues with experience can help to make the process easier. This toolkit offers a comprehensive set of tools and videos on reimbursement.

Determining how to price your services and track your expenses as well as forecast revenue can help you to better manage your cash flow. Having a comprehensive and easy to use spreadsheet can help you stay on target with your business goals.

For some insight from an experienced practice owner, this article from Felicia Porrazza, MD, RD, LDN gives an overview of the steps to starting your nutrition private practice including steps in the process if you plan to accept insurance.

4. Legal Services to Start a Dietitian Private Practice

Getting your business off the ground will mean that you need to consider a few legal elements.  This article is not legal advice and you should consult a lawyer for specific details as you start your nutrition business. 

If you have a website, you will need a privacy policy, terms of use and a disclaimer. Paperwork that you provide to your clients describing their financial responsibility should be considered legal documents.  

How you set-up your business such as an LLC or S corp are also legal considerations. Your local chapter of the Small Business Administration is one free resource you can use as you navigate these decisions and paperwork. 

Working with clients will mean that you’ll need some official paperwork. There are a few different terms used to describe the document that is most essential, but it is often called a client agreement .  This document can include a variety of elements including your cancellation policy, fees for no-show, billing information and more.  If you accept insurance, you will also need to be compliant with any HIPAA requirements and have appropriate documentation .

There are templates for key documents available which you can customize. Hiring an attorney to create custom forms or reviewing and revising a template can help to ensure that your forms are specific to your needs.  If you accept insurance and bill directly for your services, you will need to be sure you’re compliant with any regulations.

This can feel overwhelming and that’s ok. Take a deep breath and keep in mind that if you can memorize the Krebs cycle you can do this, too. You’re smart, hard-working and have many RDs who have been navigating these waters already – you can, too!

5. Client Forms and Handouts

Your nutrition private practice will require forms such as a new client intake form to gather health history and other information such as insurance information or a diet history or 3-day food record.

Some options to provide these to your clients are to have them available for download from your website or send them via email.

Many electronic health records allow your clients to complete these forms electronically and securely.  If you are utilizing email to send and receive health information about your clients, remember that you are responsible for knowing what HIPAA privacy laws you may be subject to and being compliant with them.

For client education handouts, you can create your own or purchase from sites like WellResourced or the Academy of Nutrition and Dietetics’ store . It is also common to provide electronic copies of education materials via email or electronic health records.

Other popular tools include a documentation template for client visits, referral forms to provide to providers and visit summaries to provide to clients or providers. You want to make it as easy as possible for your local healthcare practitioners to make referrals to you.

6. Business Services

Your new business will need essentials like a business phone number (and perhaps fax), email and if you offer virtual visits , web conferencing. If you are subject to HIPAA requirements then you need to ensure that services you choose meet the necessary requirements and can provide you with a Business Associates Agreement.

You should also consider how you will keep records of your business expenses and if you will need the services of an accountant or bookkeeper. Tools to track and predict your expenses can help keep you organized for taxes.

You may consider working with a local tax preparer to file your taxes and optimize your refunds. They’re available to answer questions year-round, sometimes at no additional cost. While there is no limit to what you can do, it is wise to practice delegating as often as possible so that you can grow your nutrition business. 

In this article by Erica Julson, MS, RD, CLT she gives a comprehensive overview of all the business essentials including a timeline and costs.

7. Website Design and Hosting

Your website is an important tool for both attracting new clients as well as may function as a store to sell your products/services and a blog.

Most registered dietitians spend a great deal of time on the design and appearance of their website.  You can build your own website utilizing DIY-friendly website builders like Squarespace or Wix. WordPress.org has a steeper learning curve, but more customization and features for bloggers.

If you choose to hire a professional, there are a variety of options from full-service design firms to freelancers . Be sure that you carefully review the work portfolio of any prospects prior to making your selection.

Another consideration with website design is if you will maintain your own website or if you will need to hire a professional to make ongoing edits to your site. Be sure that you have a plan for how this will work, so you don’t have a website that is a “black box” that you don’t know how to update.

In this article by Whitney Bateson, MPH, RD, she gives insight into how to decide if hiring a professional to design your website is right for you.

8. Marketing Your Nutrition Practice

To get clients for your nutrition practice, you will need a marketing plan . This may include both local, in-person marketing as well as online via social media. Think about what your ideal clients are worried about or problems they need help solving –- that is where you come in!

For in-person marketing, you might need to design flyers to distribute to local physician’s offices, referral pads and business cards. These professionals are busy – be specific about who you’re helping and the best way for them to connect with you. Thank them and be on your way and mark your calendars to stop back in a few months later.

For online marketing, there are so many options: from Instagram to Twitter, Facebook to TikTok and Pinterest, LinkedIn and more. The question is: where are your ideal clients hanging out and which social media platforms feel the most natural and authentic to you? 

You should pick one or two social media platforms and consistently show up there. Batch your work of making posts and writing captions so that this activity doesn’t become a time suck. There are even scheduling tools where you can plug in your posts and have them automatically posted for you – win!

On your preferred platforms, you can share blog posts you have written, articles by others or video (live or recorded).  You can leverage advanced tools such as a webinar or a free download to attract new leads. Remember that this is not all about you; you’re providing value to your ideal client. What would they find helpful, interesting, and speaks directly to their nutrition issue? Include open-ended questions and polls so that your ideal audience wants to engage with you. 

One strategy is to create an email list that people can join to receive updates such as a regular newsletter, blog post updates, recipes, tips and more. Lead with value and your clients will be so excited to work with you. There are software programs that make this process seamless. 

Once people have joined your email list, you can nurture them with emails so that they can get to know you and your business and then – here it comes – ask them to take the leap and work with you!  By then they know you and know that you can help them. 

If you offer in-person events, you can utilize this as a way to add new subscribers or using digital content such as blog posts, social media posts or videos.

In this article by Samara Abbott, MSEd, RD, LDN, she gives insight into how to choose marketing strategies for your private practice. She has many articles on her experience starting a private practice.

9. Mentoring or Coaching

Starting a nutrition private practice is a big task. Keeping motivated as well as staying focused on the most important priorities (or even knowing which priorities should be at the top) can be difficult.

There are many options to get expert advice including masterminds, local small business groups, paid individual mentors and group programs.

Creating a network of both mentors and colleagues is valuable to help answer questions that arise (they’ll be many!) as well as ensure that you are making decisions that are best for your business and will lead to a successful practice.

Being an entrepreneur can be a wild ride of high expectations and enthusiasm as well as fatigue and disappointment. If you don’t have fellow RD entrepreneurs to speak with, you can feel lonely and isolated. 

Connect with fellow dietitian practice owners, especially those who are successful in the way that is meaningful to you. You don’t want to be the smartest person in the room because that is a missed opportunity to learn from others. 

It can be incredibly helpful to learn from the journey of others. These RDs have chronicled their experience starting a private practice into a detailed article with advice, humor and a fresh perspective on being a business owner.

Jenna Gorham, RD, LN – Things I Learned My First Year in Business

Samara Abbott, MSEd, RD, LDN – Starting a Private Practice

Erica Julson, MS, RD, CLT – How to Start a Nutrition Private Practice

Leanne Ray, MS, RD – My First 3 Months In Business

Kristi Coughlin, MS, RD – Telehealth Tools for Virtual Dietitians

Felicia Porrazza, MDA, RD, LDN – First 10 Steps to Starting Your Private Practice

10. Reflect, review and recharge – and don’t forget to raise your rates

Starting a dietitian private practice is not easy, but it can also be incredibly rewarding, flexible and lucrative. 

As important as it is to dig deep and work hard, it is just as important to rest, reflect and see how your business is doing. Step back and take a look at the big picture. We often think of success in terms of finances, but quality of life is just as important . 

Is your nutrition private practice offering the freedom you’ve dreamt about? Do you have the time off and flexibility that you need? Are your client interactions warming your heart because you know that you’ve genuinely helped them? Are you giving back and providing opportunities to registered dietitian interns?

And lastly – have you raised your rates? You should be told that you’re too expensive some of the time. You also need to give yourself raises or your nutrition private practice will not keep up with the rising cost of living. 

As you grow in experience and skills, your rates should too. Remember that your clients are not just paying for the face time with you, they’re covering all of the time you spend researching, charting, billing as well as the costs of your business – liability insurance, EHR fees, etc. 

Starting a nutrition private practice and becoming a business owner is exciting and intimidating. There are essential resources that your dietitian private practice needs to get off the ground and run efficiently. Tackling this process, bit by bit, is the way to go. You can do this!

WellResourced is your one-stop for tools needed to Launch for Nutrition Private Practice .  Choose from a selection of tried and true resources from fellow RD Private Practice business owners.  From forms, toolkits, handouts, video lessons and more, save yourself time by not spending time recreating the wheel for new business. And once you’ve got your business started, you’re welcome to add new tools that you’ve created to our collection – put your work to work !

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How to Write a Sports Nutrition Business Plan [Sample Template]

Do you want to start a sports nutrition company? If YES, here is a detailed sample sports nutrition business plan template & FREE feasibility report. The fact that sports men and women want to continue to stay in shape and become peak performers means that they will do whatever it takes to achieve that goal including eating right and that is where a sports nutrition consultant business comes in.

What It Takes to Succeed as a Sports Nutritionist

Sports Nutrition consultants are knowledgeable when it comes to the type, as well as the quantity of fluids and food to be taken by an athlete. Please note that you are expected to pass the exams given by the American Academy of Nutrition Consultants before you can become a certified nutritionist.

If you want to partake in this thriving industry, you would need to obtain all the necessary licenses and certifications. Although there are competitions at various levels in the industry, but if you are able to come up with a good business strategy, you are sure of getting your own fair share of the available market.

So, if you have decided to start a sports nutrition consulting business in the united states, then you should make sure that you carry out thorough feasibility studies and market survey. Below is a sample sports nutrition consulting business plan template that will help you write yours without much stress.

A Sample Sports Nutrition Consulting Business Plan Template

1. industry overview.

Sports nutrition consulting is the study of nutrition and dieting with regards to improving athletic performance. Nutrition is an important part of many sports training regimens, being popular in strength sports (such as weightlifting and bodybuilding) and endurance sports (e.g. cycling, running, swimming, rowing).

Sports nutrition consulting firm is a niche idea in the Nutritionists & Dietitians industry and players in this industry also includes health practitioners who have a bachelor’s degree, licensure, certification or registration in, and primarily advise on, matters of diet and nutrition and their effects on health. These practitioners operate private or group practices in their own offices or in the facilities of others, including hospitals or other medical centers.

A close study of the Nutritionists & Dietitians industry shows that the industry is truly thriving in the United States as a result of loads of Americans facing a critical obesity problem over the past decade, with skyrocketing levels of diabetes, heart disease and other chronic diseases. As a result, demand for Nutritionists has increased and is expected to continue to rise significantly.

Wellness, maintenance and disease prevention have become some of the buzzwords circulating among people who are becoming increasingly concerned about what they eat and how it affects their health. The industry has a positive outlook due to increasing emphasis on disease prevention through improved dietary habits. Growing focus on preventive care services and public interest in nutrition will also underpin demand.

A recent report published by IBISWORLD shows that the four regions that encompass the greatest percentages of health and wellness centers include the Southeast (22.6 percent of establishments), the Mid-Atlantic (18.7 percent), the West (16.2 percent), and the Great Lakes (15.3 percent) regions of the United States.

Together these four regions account for 72.9 percent of total establishments. The report also shows that other regions including the Southwest and Rocky Mountains account for an estimated 9.0 percent and 3.8 percent, respectively.

Geographic analysis by state indicates that wellness centers are primarily located in California (11.0 percent of establishments), New York (7.1 percent), Texas (5.9 percent), and Florida (5.5 percent). However, the Southeast accounts for the largest region due to its high senior population. The distribution and location of establishments is strongly correlated to population spread.

The Nutritionists & Dietitians industry is a thriving sector of the economy of the United States of America and they generate over $10 billion annually from more than 147,506 registered and licensed nutrition consulting firms (including sports nutrition consultants).

The industry is responsible for the employment of over 195,499 people. Experts project the industry to grow at a 2.3 percent annual rate. It is important to state that there is no single organization that has a lion share of the available market in the industry.

It can’t be over emphasized that the demand for the services offered by nutritionists and dietitians grows when public confidence declines and people’s ability to handle the issues on their own wanes. When the housing bubble burst and the US economy fell into a recession, consumer confidence plummeted.

However, as the economy slowly continues to recover and consumer confidence returns, demand for the services of nutritionists and dietitians is expected to grow. High-income households will serve as the primary vehicle of growth for the industry.

Lastly, as a sports nutritionist, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific area to be handled, and constant positivity. You are also expected to be highly proactive.

It is one thing to have a skill and another thing to know how to counsel people into eating right and living healthy which is why you must constantly get feedbacks from your clients to be able to measure their progress and your performance.

2. Executive Summary

Felix Santos® Sports Nutrition Consulting Firm, LLP is a licensed sports nutrition consulting firm that is specialized in helping her clients (athletes) when it comes to the type, as well as the quantity of fluids and food taken.

The scope of our business offerings covers areas such as nutrition counseling, planning food programs, planning nutrition programs, promoting healthy eating habits, consumption of nutrients such as vitamins, minerals, supplements and organic substances that include carbohydrates, proteins and fats et al. Our business will be located in a well-populated residential estate in Los Angeles – California, United States of America.

Felix Santos® Sports Nutrition Consulting Firm, LLP is a client-focused and result driven sports nutrition consulting firm that provides broad – based sports nutrition consulting service at an affordable fee that won’t in any way put a hole in the pocket of our clients.  We will ensure that we work hard to meet and surpass all our clients’ expectations as it relates to their career and personal goals whenever they hire our services.

At Felix Santos® Sports Nutrition Consulting Firm, LLP, our clients’ overall best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire professional and certified sports nutritionists with various skills set who are passionate in helping our clients achieve their personal goals within record time.

Felix Santos® Sports Nutrition Consulting Firm, LLP will at all times demonstrates her commitment to sustainability, both individually and as a nutrition consulting firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our clients’ needs precisely and completely.

Our overall business goal is to position our nutrition consulting firm to become the leading sports nutrition consulting brand in the industry in the whole of Los Angeles – California, United States of America, and also to be amongst the top 3 sports nutrition consulting firms in the United States of America within the first 5 years of operation.

This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies. Felix Santos® Sports Nutrition Consulting Firm, LLP is founded by Dr. Felix Santos and he will run the business with his business partner, Dr. Anthony Wilder.

Dr. Santos is a certified and renowned sports nutritionist and Dr. Anthony Wilder a certified and licensed dietitian. They both have a combined experience of over 20 years working with top government officials, corporate executives, celebrities and sports people both in the United States of America and Canada.

3. Our Products and Services

Felix Santos® Sports Nutrition Consulting Firm, LLP is going to offer varieties of services within the scope of the nutritionists and dietitians’ industry in the United States of America.

Our intention of starting our sports nutrition consulting business is to help our clients stay fit, achieve peak performance and improve their overall wellbeing and productivity, and of course to also make profits and we will do all that is permitted by the law in the US to achieve our business goal. Our service offerings are listed below;

• Sports nutrition counseling
• Planning food programs for athletes
• Planning nutrition programs for athletes
• Promoting healthy eating habits for athletes
• Performing nutrition screenings for athletes
• Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials.

4. Our Mission and Vision Statement

• Our vision is to build a highly competitive and effective sports nutrition consulting business that will become the number one choice for athletes in Los Angeles – California and the whole of the United States of America.
• Our mission is to provide affordable, professional and highly effective sports nutrition consulting service to a wide range of clients.
• We want to position Felix Santos® Sports Nutrition Consulting Firm, LLP to become one of the leading sports nutrition consulting brands in the industry in the whole of Los Angeles – California, and also to be amongst the top 3 sports nutrition consulting firms in the United States of America within the first 5 years of operation.

Our Business Structure

Felix Santos® Sports Nutrition Consulting Firm, LLP, is a sports nutrition consulting firm that intends starting small in Los Angeles – California, but hopes to grow big in order to compete favorably with leading firms in the nutritionists and dietitians industry.

We are aware of the importance of building a solid business structure that can support the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operations.

At Felix Santos® Sports Nutrition Consulting Firm, LLP, we will ensure that we hire people that are qualified, hardworking, creative, passionate, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff/partners and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

• Principal Partner/Chief Executive Officer
• Sports Nutritionist and Dietitian

Office Administrator

• Marketing Executives

Client Service Executive

5. Job Roles and Responsibilities

Principal Partner/Chief Executive Officer:

• Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results;
• Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for fixing prices and signing business deals
• Responsible for providing direction for the business
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization

Sports Nutritionist and Dietitians

• Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials
• Develop meal plans, taking both cost and clients’ preferences into account
• Evaluate the effects of meal plans and change the plans as needed
• Keep up with the latest sport’s nutritional science research
• Write reports to document patient progress
• Responsible for overseeing the smooth running of HR and administrative tasks for the organization
• Regularly hold meetings with key stakeholders to review the effectiveness of the organizations’ Policies, Procedures and Processes
• Maintains office supplies by checking stocks, placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defining job positions for recruitment and managing interviewing process
• Carrying out induction for new team members
• Responsible for training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Oversees the smooth running of the daily activities for the organization.

Marketing Executive

• Identify, prioritize, and reach out to new clients, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts
• Writing winning proposal documents, negotiate fees and rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Document all customer contact and information
• Represent Felix Santos® Sports Nutrition Consulting Firm, LLP in strategic meetings
• Help increase sales and growth for the organization
• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides managements with financial analyses, development budgets, and accounting reports
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensuring compliance with taxation legislation
• Handles all financial transactions for the organization
• Serves as internal auditor for the organization.
• Welcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
• Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
• Manages administrative duties assigned by the principal partners in an effective and timely manner
• Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
• Receives parcels/documents for the organization.

6. SWOT Analysis

Felix Santos® Sports Nutrition Consulting Firm, LLP engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured sports nutrition consulting business that can favorably compete in the highly competitive industry in the United States.

Part of what the team of business consultants did was to work with the management of our organization in conducting a SWOT analysis for Felix Santos® Sports Nutrition Consulting Firm, LLP. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Felix Santos® Sports Nutrition Consulting Firm, LLP;

Our core strength lies in our ability to attract local support and frequent referrals, having a high prior success rate and recommendation/accreditation from authoritative source (celebrity sportsmen and women). So also, we have a team that is considered experts in the industry.

Aside from the synergy that exists in our carefully selected team members and our strong online presence, Felix Santos® Sports Nutrition Consulting Firm, LLP is well positioned in a community with the right demography and we know we will attract loads of clients from the first day we open our doors for business.

As a new nutrition consulting firm in Los Angeles – California, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the fast – growing nutritionists and dietitians industry; that is perhaps our major weakness.

• Opportunities:

Growing focus on preventive care services and nutrition will strengthen demand, so also the fact that patients have been better able to afford doctor visits and a growing population of people who are actively engaged in one sports activity or the order will create opportunities for industry services in institutionalized settings.

This goes to show that the opportunities in the nutritionists industry are massive. As a standard sports nutrition consulting firm, we are ready to take advantage of any opportunity that comes our way.

Every business faces a threat or challenge at every part of its life cycle. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

Some of the threats that we are likely going to face as a sports nutrition consulting firm operating in the United States of America are unfavorable government policies that might affect businesses such as ours, the arrival of a competitor within our location of operation and global economic downturn which usually affects spending/purchasing power.

7. MARKET ANALYSIS

• Market Trends

The trend in the nutritionists and dietitians industry shows that in the last half decade, the industry has grown consistently. With the growing population of active athletes in the United State, nutritionist services are needed regardless of economic conditions.

Going forward, as people continue to be employed and regain a steady income, private health insurance will become more affordable, prompting consumers to seek nutritionist services when needed.

One thing is certain, the trend in the industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients.

The truth is that if your clients experienced huge difference in their eating habits, health and overall well – being as a result of hiring your services, then they will be compelled to help promote your organization. Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by sports nutritionists all over the world.

With technology, it is now easier for nutritionists to work with clients that are thousands of kilometers away from them. Tools like video calling/Skype, YouTube, live chat and Webcast et al are being used to counsel clients in different parts of the world.

8. Our Target Market

The target market for sports nutrition consulting firms is all encompassing. As a standard nutrition consulting firm, Felix Santos® Sports Nutrition Consulting Firm, LLP offers a wide range of services hence we are well trained and equipped to services a wide range of clients (athletes).

Below is a list of the clients that we have specifically designed our services for;

• Sports men and women
• Athletes in strength sports (such as weightlifting and bodybuilding) and endurance sports (e.g. cycling, running, swimming, rowing)

Our Competitive Advantage

No doubt, the nutritionists industry is indeed very prolific and highly competitive industry. Clients will only hire your services if they know that you can help them stay fit and achieve peak performance. It is the practice for nutritionists to acquire as much certifications as it relates to their area of specialization; it is part of what will make them stay competitive in the industry.

Felix Santos® Sports Nutrition Consulting Firm, LLP might be a new sports nutrition consulting firm in Los Angeles – California, but the management team and the owner of the business are highly qualified sports nutritionists that can successfully help her clients become peak performing athletes and achieve their personal sports goal within a short period of time. These are part of what will count as a competitive advantage for us.

Aside from our robust experience and expertise of our sports nutritionists, we have a very strong online presence that will enable us work with clients in different parts of the world.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Felix Santos® Sports Nutrition Consulting Firm, LLP is established with the aim of maximizing profits in the industry and we are going to ensure that we do all it takes to attract clients on a regular basis. Felix Santos® Sports Nutrition Consulting Firm, LLP will generate income by offering the following services;

10. Sales Forecast

One thing is certain, there would always be athletes who would need the services of sports nutritionists in other for them to stay fit and achieve peak performance. This is the major reason why our services will always be needed.

We are well positioned to take on the available market in Los Angeles – California and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our clientele base.

We have been able to examine the nutritionists and dietitians market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projections for Felix Santos® Sports Nutrition Consulting Firm, LLP, it is based on the location of our sports nutrition consulting firm and of course the wide range of services that we will be offering;

• First Fiscal Year (FY1): $250,000
• Second Fiscal Year (FY2): $350,000
• Third Fiscal Year (FY3): $650,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiff competitions amongst sports nutrition consulting firms in the United States of America; hence we have been able to hire some of the best marketing experts to handle our marketing department.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets. We will also ensure that our clients overcome their challenges in record time.

Our goal is to grow Felix Santos® Sports Nutrition Consulting Firm, LLP to become one of the top 3 sports nutrition consulting firms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Los Angeles – California but also in other cities in the United States of America.

Felix Santos® Sports Nutrition Consulting Firm, LLP is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our nutrition consulting firm by sending introductory letters alongside our brochure to sports clubs and key stake holders in Los Angeles – California.
• Print out fliers and business cards and strategically drop them in stadiums, sporting complex, offices, libraries, public facilities and train stations et al.
• Use friends and family to spread word about our firm
• Post information about our sports nutrition consulting firm on bulletin boards in places like schools, libraries, and local coffee shops.
• Place a small or classified advertisement in the newspaper, or local publication about our sports nutrition consulting firm
• Advertise our sports nutrition consulting firm in relevant educational magazines, newspapers, TV and radio stations
• Attend relevant sports competitions, expos, seminars, and business fairs et al
• Engage direct marketing approach
• Encourage word of mouth marketing from loyal and satisfied clients.

11. Publicity and Advertising Strategy

We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for clients in the whole of Los Angeles – California which is why we have made provisions for effective publicity and advertisement of our business.

Below are the platforms we intend to leverage on to promote and advertise Felix Santos® Sports Nutrition Consulting Firm, LLP;

• Place adverts on both print (community based newspapers and sports magazines) and electronic media platforms
• Sponsor relevant community based sporting events/programs
• Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, YouTube, Google + et al to promote our brand
• Install our Billboards in strategic locations all around Los Angeles – California.
• Distribute our fliers and handbills in target areas
• List our sports nutrition consulting firm in local directories/yellow pages
• Advertise our life sports nutrition consulting firm in our official website and employ strategies that will help us pull traffic to the site.
• Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our schools’ logo et al.

12. Our Pricing Strategy

Generally counseling and consulting services are billed on per hour billing rate and flat fees as it applies. As a result of this, Felix Santos® Sports Nutrition Consulting Firm, LLP will charge our clients flat fees except for few occasions where there will be need for us to charge special clients on hourly basis.

At Felix Santos® Sports Nutrition Consulting Firm, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to all our clients at regular intervals.

• Payment Options

The payment policy adopted by Felix Santos® Sports Nutrition Consulting Firm, LLP is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options Felix Santos® Sports Nutrition Consulting Firm, LLP will make available to her clients;

• Payment via bank transfer
• Payment via online bank transfer
• Payment via mobile money
• Payment via Point of Sales Machines (POS Machines)
• Payment via check
• Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for our services without any stress on their part.

13. Startup Expenditure (Budget)

This is what it would cost us to start our own sports nutrition consulting firm in the United States of America;

• Business incorporating fees in the United States of America will cost – $750.
• The budget for liability insurance, permits and license will cost – $3,500
• Acquiring an office space that will accommodate the number of employees we intend employing for at least 6 months (Re – Construction of the facility inclusive) will cost – $35,000.
• Equipping the office (computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $10,000
• The cost for accounting software, CRM software and Payroll Software – $3,000
• Other start-up expenses including stationery – $1000
• Phone and Utilities (gas, sewer, water and electric) deposits – ($3,500).
• Launching an official website will cost – $500
• Amount need to pay bills and staff members for at least 2 to 3 months – $70,000
• Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000
• Miscellaneous – $5,000

Going by the report from the market research and feasibility studies conducted, we will need about one hundred and fifty thousand (150,000) U.S. dollars to successfully set up a medium scale but standard sports nutrition consulting firm in the United States of America. Please note that the salary for the payment of staff members for the first 3 months is included.

Generating Funds/Startup Capital for Felix Santos® Sports Nutrition Consulting Firm, LLP

Felix Santos® Sports Nutrition Consulting Firm, LLP is a partnership business that will be owned by Dr. Felix Santos. He will run the business with his business partner for many years Dr. Anthony Wilder. They decided to restrict the sourcing of the startup capital for the business to just three major sources.

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $50,000 (Personal savings $35,000 and soft loan from family members $15,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Felix Santos® Sports Nutrition Consulting Firm, LLP is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to offer our services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while. Felix Santos® Sports Nutrition Consulting Firm, LLP will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of.

Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check: Completed
• Business Incorporation: Completed
• Opening of Corporate Bank Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Leasing a standard office facility in a good location plus reconstruction: In progress
• Conducting Feasibility Studies: Completed
• Generating part of the startup capital from the founders: Completed
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of Logo for the school: Completed
• Printing of Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of the needed software apps, furniture, office equipment, electronic appliances and facility facelift: In progress
• Creating Official Website for the business: In Progress
• Creating awareness for the business in Los Angeles – California: In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with vendors and key players in the sports industries: In Progress

More on Sports

How To Write A Registered Holistic Nutritionist Business Plan

Have you ever considered working somewhere you could make a real difference in people’s lives, help them to become healthier, and also have control over your income and your life?

Well, that’s the dream for many small business owners – and the good news is that for those who have good discipline, opening doors on their own practice allows them to live the life of their dreams.

The Edison Institute of Nutrition helps you learn how to become a registered holistic nutritionist , but doesn’t leave you to figure out the application on your own.

We include courses in our programs that help you decide how you’re going to apply your knowledge as a holistic nutritionist, whether that’s working within a coöperative practice setting, or opening up your own private practice.

If you’re planning to start your own practice, though, you’ll need a business plan.

What Is A Business Plan?

A business plan is a document that business owners draw up in order to ensure that their business idea and business model are viable and profitable.

Although there are many different ways to write business plans, they tend to follow the same kind of general outline, and cover every aspect of a business.

When you’re doing your business plan, don’t be afraid to customize it – in fact, that’s encouraged.

Your business plan should truly be a fingerprint for your business, in all its unique glory.

Do You Need A Business Plan?

Whether or not you actually NEED a business plan depends on your intentions.

Do you intend to work as a registered holistic nutritionist at an already established clinic?

If so, you won’t need a business plan, just a resume.

However, if you’re looking to open your own clinic, then you almost certainly will need a business plan – whether you plan on starting your own from scratch or buy into a practice.

The reason you’ll need a business plan if you’re your own boss is mainly because it is an unparalleled exercise in ensuring you have thought of everything you need in order to own and run a business.

However, if you’re looking for a bank loan or another type of funding, lenders will often require a business plan, to ensure that you are a good risk for them.

What Should Your Business Plan Include?

First off, it should include the basic business information: name, address, contact information, ownership information, and any web or social presence.

You also will need to have a section that deals with human resources information – positions that will need to be filled, and consultants or vendors you will need to source.

Don’t forget the financials – a good business plan will lay out a high-level budget plus projections for at least a year or two.

You will also need the how part of the plan – the actual actions you will take in opening up your private practice.

Should You DIY Your Business Plan?

Absolutely, you can DIY your business plan – after all, it’s YOUR business.

As we mentioned above, customization is ideal in a business plan, because each business will have some unique needs.

We also pointed out that it’s a good exercise for a business owner to go through, as it forces you to think about every aspect of the business you plan on running.

However, it’s best if you start with a template, so reach out to a friend in the industry, ask a professor, or do a careful internet search – there are many examples out there.

Try to find one related specifically to a healthcare practice and then go from there.

Take your time, really think things through, put all your thoughts in the document, then go back through with a fine-tooth comb.

The business plan reflects your dreams and what you want to accomplish with your business, so don’t be afraid to capture that creative flair in your planning.

However, there are professional business plan writing consultants you can work with as well.

These people know what banks and private investors are looking for – if you’re planning to go that route, consider working with one.

Tips For Writing A Business Plan For Registered Holistic Nutritionists

Beyond the more general information to include, there are some specific areas that registered holistic nutritionists might need to have a more careful look at.

First off, you’ll want to identify your market.

When you open up your doors, you’re not going to try to get everyone all at once – you’re going to want to leverage your particular interests and specialties in order to target a certain demographic or population in your area.

Whether that’s seniors, cancer survivors, youth, or peri-natal, you’ll want to spend some time how you can focus on your chosen group, so that you can customize your products and marketing.

That’s not to say you need to turn anybody away – if someone shows up you think you can help who’s outside your target demographic, there’s nothing stopping you from working with them.

They’re just not the primary focus of your practice.

As well, as a healthcare practice, you’ll need to pay close attention patient privacy and data security, so be sure to check out CIRA’s website on how to do that.

Lastly, if you plan on entering any partnerships with complimentary products or services, or perhaps a referral partnership that you trade business with, this is the perfect place to list and describe these.

Edison’s Business Of Holistic Nutrition Consulting Course

If you’re already in practice as a registered holistic nutritionist, it’s always a good idea to commit to holistic nutritionist continuing education programs .

Here at the Edison Institute Of Nutrition, we’ve recently updated our continuing education course on holistic nutrition business management.

In that course, you’ll learn:

• How to identify your ideal client
• How to attract your ideal clients
• How to market your new practice
• How to best connect with your clients
• How to get referrals from existing clients
• And much more.

Our next session begins January 14 th , 2021.

Contact us today to find out more.

Contact The Edison Institute Of Nutrition

If you’re interested in being your own boss, and you love the idea of helping people improve your health, then becoming a holistic nutritionist could be the perfect career for you.

Here at Edison Institute of Nutrition, we prepare you for that career.

We do this by not only giving you the nutritional knowledge you need to do the work, but the business skills you need to be able to succeed, no matter what your dream.

Reach out now and get more information from Edison Institute of Nutrition and enjoy a lucrative, rewarding, and interesting future as a registered holistic nutritionist.

Start a new career a holistic nutritionist?

Enroll with Edison Institute today and take your first step into a healthier world for you, your clients, and your family.

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How to Create a Health Coach Business Plan

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Through fostering a positive mindset around health and well-being, health coaches empower and motivate their clients to become experts on their health. Health coaches have the tools and knowledge to share with their clients about holistic health and how to enact sustainable behavioral changes.

Coaches empower clients to learn what makes them feel good, not just what they’ve been told is “healthy” or what they “should” or “shouldn’t” do as it relates to their health. They guide clients toward sustainable diet and lifestyle changes by equipping them with the mental and emotional tools to achieve great health, such as how to find the foods and lifestyle practices that work for them.

Health coaches can work in many different roles including at doctor’s offices, hospitals, spas, schools, gyms, and wellness centers. Many coaches begin their journey into small business ownership by creating their own health coaching business. But creating and building a successful business doesn’t happen overnight or without hard work – and you can set yourself up for success by creating a business plan.

What is a Business Plan?

Business plans are just what they sound like: a way to guide you through the stages of starting and managing a business. Business plans act as a map for how to structure, run, and grow your business, and they can be (and should be) tailored to you and your business’s unique needs. Your business plan can also aid in securing funding or new business partnerships. Investors will look for proof they’ll see a return on their investment, and your business plan is the tool you’ll use to convince them.

What to Include in Your Business Plan

As you create your business plan, you may come across competitive advantages you didn’t know you had or discover obstacles you need to overcome before you start taking on clients. Writing a business plan is a chance to outline how you want to run your business, and it can keep you accountable down the road.

Executive summary

This brief introduction to your business plan gives an overview of your company, skills, service offerings, and how you plan to run your health coaching business. Think of this section as the highlights – it needs to be able to draw people in.

Industry overview

People not currently involved in the health and wellness fields may not know what Health Coaches are or what they do. This section should cover the health coaching industry and where you fit into it. Use facts and statistics to back up your claims – like the fact that holistic Health Coaches contribute to improving health outcomes.

Mission statement

The mission statement of your business should be a direct, short statement that highlights your overall strategy and goals for your business. Your mission statement is the “why” behind your business; it shows potential investors the person behind the company.

Business structure and operations plan

This section will show who is involved with your health coaching business and how their roles contribute to its success. If you’re the sole proprietor and are running a one-person show, you can use this section to explain your credentials and discuss your earlier experience as a Health Coach. Make a clear and compelling statement about the unique value your company brings to the market.

The operations plan should explain the organization of how your business will run. How will you gain clients? Who will handle the day-to-day operations (if not you)? How will you be generating revenue? In this section, consider how your clients will be communicating with you, how you’ll interact with them , and how you’ll turn those interactions into long-term revenue streams. Discuss how you’ll measure what success looks like for your business.

Description of services

Describe what you’re selling or the services you offer. Explain how this will help clients and how you’ll keep them on long-term. The services section can also describe what clients can achieve with the help of your coaching business. Will you offer one-on-one meetings with clients ? Meal plan and create workout regimens? Provide financial counseling? Outline every service you intend to offer.

Target market and competition analysis

This section of your business plan may have been completed much earlier on in your business development process – conducting a SWOT analysis is a smart first step when coming up with any business idea. A SWOT analysis considers the Strengths, Weaknesses, Opportunities, and Threats of your business or the health and wellness community. Strengths and Weaknesses look specifically at the business’s inner workings, where Opportunities and Threats focus on your specific industry and the market.  

Once the SWOT analysis is completed, you should identify your ideal clients, target markets, and preferred customers. You can create one or two examples of the people you’re looking to attract to your health coaching business. These examples should highlight who your clients will be, what their lives and health look like, what they want to achieve, and any other demographics that can help you identify potential clients in your marketing plan.

Marketing plan

The marketing section of your business plan should explain how you’ll reach your target market through advertising and marketing. This should include what social media platforms you’ll be using (and their potential for conversion), how you’ll utilize your website, where and when you’ll advertise, if you’ll be partnering with any public relations firms or influencers, and your launch and pre-launch marketing plans. Provide examples of any flyers, ads, business cards, or branding guidelines that showcase your business.

Pricing overview

Detail the prices you will offer for your services and how they compare to your competitors. This should include any discounts you plan to offer, how you’ve come to the amount you’re charging, and any fees you anticipate having clients incur. You can also detail how you’ll coordinate bookings for appointments and point-of-sale solutions for processing payments.

Financial projections

The goal of this section is to show that your health coaching business will be successful financially. This section is incredibly important when it comes to seeking investors. They want to know that they’ll get their money back, should they support your business. Highlight featured services, explore the cost of running your business and your profit margins, and establish your revenue goals.

If you’ve got an already-established business, include income statements, balance sheets, and cash flow statements for the last three to five years. Use graphs and charts to tell the financial story of your business and what you hope to achieve.

The Bottom Line

Consistency is key when it comes to marketing yourself, and Integrative Nutrition’s IINBiz platform offers done-for-you content specifically curated for wellness entrepreneurs. IINBiz a premier marketing platform that provides graduates with ready-to-use marketing materials like client forms, handouts, newsletter templates, webinars, and more – to its graduates.

Starting any new business can be a daunting task, so it’s important to remember that you don’t need to be perfect to get started - but having a plan can help you start off strong. Starting with set goals, financial objectives, marketing strategies, and other targets will help keep your business on the path forward.

Katy holds a bachelor’s in English with a concentration in creative writing and advertising from Rider University. After jobs in the field of finance, she wanted to transition to an industry that focused on helping others be their best selves, and discovered IIN.

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24 of My Favorite Sample Business Plans & Examples For Your Inspiration

Published: February 06, 2024

I believe that reading sample business plans is essential when writing your own.

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As you explore business plan examples from real companies and brands, it’s easier for you to learn how to write a good one.

But what does a good business plan look like? And how do you write one that’s both viable and convincing. I’ll walk you through the ideal business plan format along with some examples to help you get started.

Table of Contents

Business Plan Format

Business plan types, sample business plan templates, top business plan examples.

Ask any successful sports coach how they win so many games, and they’ll tell you they have a unique plan for every single game. To me, the same logic applies to business.

If you want to build a thriving company that can pull ahead of the competition, you need to prepare for battle before breaking into a market.

Business plans guide you along the rocky journey of growing a company. And if your business plan is compelling enough, it can also convince investors to give you funding.

With so much at stake, I’m sure you’re wondering where to begin.

Free Business Plan Template

The essential document for starting a business -- custom built for your needs.

• Outline your idea.
• Pitch to investors.
• Secure funding.
• Get to work!

You're all set!

Click this link to access this resource at any time.

Fill out the form to get your free template.

First, you’ll want to nail down your formatting. Most business plans include the following sections.

1. Executive Summary

I’d say the executive summary is the most important section of the entire business plan. 

Why? Essentially, it's the overview or introduction, written in a way to grab readers' attention and guide them through the rest of the business plan. This is important, because a business plan can be dozens or hundreds of pages long.

There are two main elements I’d recommend including in your executive summary:

Company Description

This is the perfect space to highlight your company’s mission statement and goals, a brief overview of your history and leadership, and your top accomplishments as a business.

Tell potential investors who you are and why what you do matters. Naturally, they’re going to want to know who they’re getting into business with up front, and this is a great opportunity to showcase your impact.

Need some extra help firming up those business goals? Check out HubSpot Academy’s free course to help you set goals that matter — I’d highly recommend it

Products and Services

To piggyback off of the company description, be sure to incorporate an overview of your offerings. This doesn’t have to be extensive — just another chance to introduce your industry and overall purpose as a business.

In addition to the items above, I recommend including some information about your financial projections and competitive advantage here too.:

Keep in mind you'll cover many of these topics in more detail later on in the business plan. So, keep the executive summary clear and brief, and only include the most important takeaways.

Executive Summary Business Plan Examples

This example was created with HubSpot’s business plan template:

This executive summary is so good to me because it tells potential investors a short story while still covering all of the most important details.

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Tips for Writing Your Executive Summary

• Start with a strong introduction of your company, showcase your mission and impact, and outline the products and services you provide.
• Clearly define a problem, and explain how your product solves that problem, and show why the market needs your business.
• Be sure to highlight your value proposition, market opportunity, and growth potential.
• Keep it concise and support ideas with data.
• Customize your summary to your audience. For example, emphasize finances and return on investment for venture capitalists.

Check out our tips for writing an effective executive summary for more guidance.

2. Market Opportunity

This is where you'll detail the opportunity in the market.

The main question I’d ask myself here is this: Where is the gap in the current industry, and how will my product fill that gap?

More specifically, here’s what I’d include in this section:

• The size of the market
• Current or potential market share
• Trends in the industry and consumer behavior
• Where the gap is
• What caused the gap
• How you intend to fill it

To get a thorough understanding of the market opportunity, you'll want to conduct a TAM, SAM, and SOM analysis and perform market research on your industry.

You may also benefit from creating a SWOT analysis to get some of the insights for this section.

Market Opportunity Business Plan Example

I like this example because it uses critical data to underline the size of the potential market and what part of that market this service hopes to capture.

Tips for Writing Your Market Opportunity Section

• Focus on demand and potential for growth.
• Use market research, surveys, and industry trend data to support your market forecast and projections.
• Add a review of regulation shifts, tech advances, and consumer behavior changes.
• Refer to reliable sources.
• Showcase how your business can make the most of this opportunity.

3. Competitive Landscape

Since we’re already speaking of market share, you'll also need to create a section that shares details on who the top competitors are.

After all, your customers likely have more than one brand to choose from, and you'll want to understand exactly why they might choose one over another.

My favorite part of performing a competitive analysis is that it can help you uncover:

• Industry trends that other brands may not be utilizing
• Strengths in your competition that may be obstacles to handle
• Weaknesses in your competition that may help you develop selling points
• The unique proposition you bring to the market that may resonate with customers

Competitive Landscape Business Plan Example

I like how the competitive landscape section of this business plan below shows a clear outline of who the top competitors are.

It also highlights specific industry knowledge and the importance of location, which shows useful experience in this specific industry. 

This can help build trust in your ability to execute your business plan.

Tips for Writing Your Competitive Landscape

• Complete in-depth research, then emphasize your most important findings.
• Compare your unique selling proposition (USP) to your direct and indirect competitors.
• Show a clear and realistic plan for product and brand differentiation.
• Look for specific advantages and barriers in the competitive landscape. Then, highlight how that information could impact your business.
• Outline growth opportunities from a competitive perspective.
• Add customer feedback and insights to support your competitive analysis.

4. Target Audience

Use this section to describe who your customer segments are in detail. What is the demographic and psychographic information of your audience?

If your immediate answer is "everyone," you'll need to dig deeper. Here are some questions I’d ask myself here:

• What demographics will most likely need/buy your product or service?
• What are the psychographics of this audience? (Desires, triggering events, etc.)
• Why are your offerings valuable to them?

I’d also recommend building a buyer persona to get in the mindset of your ideal customers and be clear on why you're targeting them.

Target Audience Business Plan Example

I like the example below because it uses in-depth research to draw conclusions about audience priorities. It also analyzes how to create the right content for this audience.

Tips for Writing Your Target Audience Section

• Include details on the size and growth potential of your target audience.
• Figure out and refine the pain points for your target audience , then show why your product is a useful solution.
• Describe your targeted customer acquisition strategy in detail.
• Share anticipated challenges your business may face in acquiring customers and how you plan to address them.
• Add case studies, testimonials, and other data to support your target audience ideas.
• Remember to consider niche audiences and segments of your target audience in your business plan.

5. Marketing Strategy

Here, you'll discuss how you'll acquire new customers with your marketing strategy. I’d suggest including information:

• Your brand positioning vision and how you'll cultivate it
• The goal targets you aim to achieve
• The metrics you'll use to measure success
• The channels and distribution tactics you'll use

I think it’s helpful to have a marketing plan built out in advance to make this part of your business plan easier.

Marketing Strategy Business Plan Example

This business plan example includes the marketing strategy for the town of Gawler.

In my opinion, it really works because it offers a comprehensive picture of how they plan to use digital marketing to promote the community.

Tips for Writing Your Marketing Strategy

• Include a section about how you believe your brand vision will appeal to customers.
• Add the budget and resources you'll need to put your plan in place.
• Outline strategies for specific marketing segments.
• Connect strategies to earlier sections like target audience and competitive analysis.
• Review how your marketing strategy will scale with the growth of your business.
• Cover a range of channels and tactics to highlight your ability to adapt your plan in the face of change.

6. Key Features and Benefits

At some point in your business plan, you'll need to review the key features and benefits of your products and/or services.

Laying these out can give readers an idea of how you're positioning yourself in the market and the messaging you're likely to use. It can even help them gain better insight into your business model.

Key Features and Benefits Business Plan Example

In my opinion, the example below does a great job outlining products and services for this business, along with why these qualities will attract the audience.

Tips for Writing Your Key Features and Benefits

• Emphasize why and how your product or service offers value to customers.
• Use metrics and testimonials to support the ideas in this section.
• Talk about how your products and services have the potential to scale.
• Think about including a product roadmap.
• Focus on customer needs, and how the features and benefits you are sharing meet those needs.
• Offer proof of concept for your ideas, like case studies or pilot program feedback.
• Proofread this section carefully, and remove any jargon or complex language.

7. Pricing and Revenue

This is where you'll discuss your cost structure and various revenue streams. Your pricing strategy must be solid enough to turn a profit while staying competitive in the industry. 

For this reason, here’s what I’d might outline in this section:

• The specific pricing breakdowns per product or service
• Why your pricing is higher or lower than your competition's
• (If higher) Why customers would be willing to pay more
• (If lower) How you're able to offer your products or services at a lower cost
• When you expect to break even, what margins do you expect, etc?

Pricing and Revenue Business Plan Example

I like how this business plan example begins with an overview of the business revenue model, then shows proposed pricing for key products.

Tips for Writing Your Pricing and Revenue Section

• Get specific about your pricing strategy. Specifically, how you connect that strategy to customer needs and product value.
• If you are asking a premium price, share unique features or innovations that justify that price point.
• Show how you plan to communicate pricing to customers.
• Create an overview of every revenue stream for your business and how each stream adds to your business model as a whole.
• Share plans to develop new revenue streams in the future.
• Show how and whether pricing will vary by customer segment and how pricing aligns with marketing strategies.
• Restate your value proposition and explain how it aligns with your revenue model.

8. Financials

To me, this section is particularly informative for investors and leadership teams to figure out funding strategies, investment opportunities, and more.

 According to Forbes , you'll want to include three main things:

• Profit/Loss Statement - This answers the question of whether your business is currently profitable.
• Cash Flow Statement - This details exactly how much cash is incoming and outgoing to give insight into how much cash a business has on hand.
• Balance Sheet - This outlines assets, liabilities, and equity, which gives insight into how much a business is worth.

While some business plans might include more or less information, these are the key details I’d include in this section.

Financials Business Plan Example

This balance sheet is a great example of level of detail you’ll need to include in the financials section of your business plan.

Tips for Writing Your Financials Section

• Growth potential is important in this section too. Using your data, create a forecast of financial performance in the next three to five years.
• Include any data that supports your projections to assure investors of the credibility of your proposal.
• Add a break-even analysis to show that your business plan is financially practical. This information can also help you pivot quickly as your business grows.
• Consider adding a section that reviews potential risks and how sensitive your plan is to changes in the market.
• Triple-check all financial information in your plan for accuracy.
• Show how any proposed funding needs align with your plans for growth.

As you create your business plan, keep in mind that each of these sections will be formatted differently. Some may be in paragraph format, while others could be charts or graphs.

The formats above apply to most types of business plans. That said, the format and structure of your plan will vary by your goals for that plan. 

So, I’ve added a quick review of different business plan types. For a more detailed overview, check out this post .

1. Startups

Startup business plans are for proposing new business ideas.

If you’re planning to start a small business, preparing a business plan is crucial. The plan should include all the major factors of your business.

You can check out this guide for more detailed business plan inspiration .

2. Feasibility Studies

Feasibility business plans focus on that business's product or service. Feasibility plans are sometimes added to startup business plans. They can also be a new business plan for an already thriving organization.

3. Internal Use

You can use internal business plans to share goals, strategies, or performance updates with stakeholders. In my opinion, internal business plans are useful for alignment and building support for ambitious goals.

4. Strategic Initiatives

Another business plan that's often for sharing internally is a strategic business plan. This plan covers long-term business objectives that might not have been included in the startup business plan.

5. Business Acquisition or Repositioning

When a business is moving forward with an acquisition or repositioning, it may need extra structure and support. These types of business plans expand on a company's acquisition or repositioning strategy.

Growth sometimes just happens as a business continues operations. But more often, a business needs to create a structure with specific targets to meet set goals for expansion. This business plan type can help a business focus on short-term growth goals and align resources with those goals.

Now that you know what's included and how to format a business plan, let's review some of my favorite templates.

1. HubSpot's One-Page Business Plan

Download a free, editable one-page business plan template..

The business plan linked above was created here at HubSpot and is perfect for businesses of any size — no matter how many strategies we still have to develop.

Fields such as Company Description, Required Funding, and Implementation Timeline give this one-page business plan a framework for how to build your brand and what tasks to keep track of as you grow.

Then, as the business matures, you can expand on your original business plan with a new iteration of the above document.

Why I Like It

This one-page business plan is a fantastic choice for the new business owner who doesn’t have the time or resources to draft a full-blown business plan. It includes all the essential sections in an accessible, bullet-point-friendly format. That way, you can get the broad strokes down before honing in on the details.

2. HubSpot's Downloadable Business Plan Template

We also created a business plan template for entrepreneurs.

The template is designed as a guide and checklist for starting your own business. You’ll learn what to include in each section of your business plan and how to do it.

There’s also a list for you to check off when you finish each section of your business plan.

Strong game plans help coaches win games and help businesses rocket to the top of their industries. So if you dedicate the time and effort required to write a workable and convincing business plan, you’ll boost your chances of success and even dominance in your market.

This business plan kit is essential for the budding entrepreneur who needs a more extensive document to share with investors and other stakeholders.

It not only includes sections for your executive summary, product line, market analysis, marketing plan, and sales plan, but it also offers hands-on guidance for filling out those sections.

3. LiveFlow’s Financial Planning Template with built-in automation

This free template from LiveFlow aims to make it easy for businesses to create a financial plan and track their progress on a monthly basis.

The P&L Budget versus Actual format allows users to track their revenue, cost of sales, operating expenses, operating profit margin, net profit, and more.

The summary dashboard aggregates all of the data put into the financial plan sheet and will automatically update when changes are made.

Instead of wasting hours manually importing your data to your spreadsheet, LiveFlow can also help you to automatically connect your accounting and banking data directly to your spreadsheet, so your numbers are always up-to-date.

With the dashboard, you can view your runway, cash balance, burn rate, gross margins, and other metrics. Having a simple way to track everything in one place will make it easier to complete the financials section of your business plan.

This is a fantastic template to track performance and alignment internally and to create a dependable process for documenting financial information across the business. It’s highly versatile and beginner-friendly.

It’s especially useful if you don’t have an accountant on the team. (I always recommend you do, but for new businesses, having one might not be possible.)

4. ThoughtCo’s Sample Business Plan

One of the more financially oriented sample business plans in this list, BPlan’s free business plan template dedicates many of its pages to your business’s financial plan and financial statements.

After filling this business plan out, your company will truly understand its financial health and the steps you need to take to maintain or improve it.

I absolutely love this business plan template because of its ease-of-use and hands-on instructions (in addition to its finance-centric components). If you feel overwhelmed by the thought of writing an entire business plan, consider using this template to help you with the process.

6. Harvard Business Review’s "How to Write a Winning Business Plan"

Most sample business plans teach you what to include in your business plan, but this Harvard Business Review article will take your business plan to the next level — it teaches you the why and how behind writing a business plan.

With the guidance of Stanley Rich and Richard Gumpert, co-authors of " Business Plans That Win: Lessons From the MIT Enterprise Forum ", you'll learn how to write a convincing business plan that emphasizes the market demand for your product or service.

You’ll also learn the financial benefits investors can reap from putting money into your venture rather than trying to sell them on how great your product or service is.

This business plan guide focuses less on the individual parts of a business plan, and more on the overarching goal of writing one. For that reason, it’s one of my favorites to supplement any template you choose to use. Harvard Business Review’s guide is instrumental for both new and seasoned business owners.

7. HubSpot’s Complete Guide to Starting a Business

If you’re an entrepreneur, you know writing a business plan is one of the most challenging first steps to starting a business.

Fortunately, with HubSpot's comprehensive guide to starting a business, you'll learn how to map out all the details by understanding what to include in your business plan and why it’s important to include them. The guide also fleshes out an entire sample business plan for you.

If you need further guidance on starting a business, HubSpot's guide can teach you how to make your business legal, choose and register your business name, and fund your business. It will also give small business tax information and includes marketing, sales, and service tips.

This comprehensive guide will walk you through the process of starting a business, in addition to writing your business plan, with a high level of exactitude and detail. So if you’re in the midst of starting your business, this is an excellent guide for you.

It also offers other resources you might need, such as market analysis templates.

8. Panda Doc’s Free Business Plan Template

PandaDoc’s free business plan template is one of the more detailed and fleshed-out sample business plans on this list. It describes what you should include in each section, so you don't have to come up with everything from scratch.

Once you fill it out, you’ll fully understand your business’ nitty-gritty details and how all of its moving parts should work together to contribute to its success.

This template has two things I love: comprehensiveness and in-depth instructions. Plus, it’s synced with PandaDoc’s e-signature software so that you and other stakeholders can sign it with ease. For that reason, I especially love it for those starting a business with a partner or with a board of directors.

9. Small Business Administration Free Business Plan Template

The Small Business Administration (SBA) offers several free business plan templates that can be used to inspire your own plan.

Before you get started, you can decide what type of business plan you need — a traditional or lean start-up plan.

Then, you can review the format for both of those plans and view examples of what they might look like.

We love both of the SBA’s templates because of their versatility. You can choose between two options and use the existing content in the templates to flesh out your own plan. Plus, if needed, you can get a free business counselor to help you along the way.

I’ve compiled some completed business plan samples to help you get an idea of how to customize a plan for your business.

I chose different types of business plan ideas to expand your imagination. Some are extensive, while others are fairly simple.

Let’s take a look.

1. LiveFlow

One of the major business expenses is marketing. How you handle your marketing reflects your company’s revenue.

I included this business plan to show you how you can ensure your marketing team is aligned with your overall business plan to get results. The plan also shows you how to track even the smallest metrics of your campaigns, like ROI and payback periods instead of just focusing on big metrics like gross and revenue.

Fintech startup, LiveFlow, allows users to sync real-time data from its accounting services, payment platforms, and banks into custom reports. This eliminates the task of pulling reports together manually, saving teams time and helping automate workflows.

"Using this framework over a traditional marketing plan will help you set a profitable marketing strategy taking things like CAC, LTV, Payback period, and P&L into consideration," explains LiveFlow co-founder, Lasse Kalkar .

When it came to including marketing strategy in its business plan, LiveFlow created a separate marketing profit and loss statement (P&L) to track how well the company was doing with its marketing initiatives.

This is a great approach, allowing businesses to focus on where their marketing dollars are making the most impact. Having this information handy will enable you to build out your business plan’s marketing section with confidence. LiveFlow has shared the template here . You can test it for yourself.

2. Lula Body

Sometimes all you need is a solid mission statement and core values to guide you on how to go about everything. You do this by creating a business plan revolving around how to fulfill your statement best.

For example, Patagonia is an eco-friendly company, so their plan discusses how to make the best environmentally friendly products without causing harm.

A good mission statement  should not only resonate with consumers but should also serve as a core value compass for employees as well.

Patagonia has one of the most compelling mission statements I’ve seen:

"Together, let’s prioritise purpose over profit and protect this wondrous planet, our only home."

It reels you in from the start, and the environmentally friendly theme continues throughout the rest of the statement.

This mission goes on to explain that they are out to "Build the best product, cause no unnecessary harm, and use business to protect nature."

Their mission statement is compelling and detailed, with each section outlining how they will accomplish their goal.

4. Vesta Home Automation

This executive summary for a smart home device startup is part of a business plan created by students at Mount Royal University .

While it lacks some of the sleek visuals of the templates above, its executive summary does a great job of demonstrating how invested they are in the business.

Right away, they mention they’ve invested $200,000 into the company already, which shows investors they have skin in the game and aren’t just looking for someone else to foot the bill.

This is the kind of business plan you need when applying for business funds. It clearly illustrates the expected future of the company and how the business has been coming along over the years.

5. NALB Creative Center

This fictional business plan for an art supply store includes everything one might need in a business plan: an executive summary, a company summary, a list of services, a market analysis summary, and more.

One of its most notable sections is its market analysis summary, which includes an overview of the population growth in the business’ target geographical area, as well as a breakdown of the types of potential customers they expect to welcome at the store. 

This sort of granular insight is essential for understanding and communicating your business’s growth potential. Plus, it lays a strong foundation for creating relevant and useful buyer personas .

It’s essential to keep this information up-to-date as your market and target buyer changes. For that reason, you should carry out market research as often as possible to ensure that you’re targeting the correct audience and sharing accurate information with your investors.

Due to its comprehensiveness, it’s an excellent example to follow if you’re opening a brick-and-mortar store and need to get external funding to start your business .

6. Curriculum Companion Suites (CSS)

If you’re looking for a SaaS business plan example, look no further than this business plan for a fictional educational software company called Curriculum Companion Suites. 

Like the business plan for the NALB Creative Center, it includes plenty of information for prospective investors and other key stakeholders in the business.

One of the most notable features of this business plan is the executive summary, which includes an overview of the product, market, and mission.

The first two are essential for software companies because the product offering is so often at the forefront of the company’s strategy. Without that information being immediately available to investors and executives, then you risk writing an unfocused business plan.

It’s essential to front-load your company’s mission if it explains your "Why?" and this example does just that. In other words, why do you do what you do, and why should stakeholders care? This is an important section to include if you feel that your mission will drive interest in the business and its offerings.

7. Culina Sample Business Plan

Culina's sample business plan is an excellent example of how to lay out your business plan so that it flows naturally, engages readers, and provides the critical information investors and stakeholders need. 

You can use this template as a guide while you're gathering important information for your own business plan. You'll have a better understanding of the data and research you need to do since Culina’s plan outlines these details so flawlessly for inspiration.

8. Plum Sample Business Plan

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14+ SAMPLE Nutrition Action Plan in PDF | MS Word

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Sports Nutrition Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » Sports Sector

Do you want to start a sports nutrition company? If YES, here is a detailed sample sports nutrition business plan template & FREE feasibility report.

The fact that sports men and women want to continue to stay in shape and become peak performers means that they will do whatever it takes to achieve that goal including eating right and that is where a sports nutrition consultant business comes in.

Sports Nutrition consultants are knowledgeable when it comes to the type, as well as the quantity of fluids and food to be taken by an athlete.

Note that you are expected to pass the exams given by the American Academy of Nutrition Consultants before you can become a certified nutritionist.

If you want to partake in this thriving industry, you would need to obtain all the necessary licenses and certifications. Although there are competitions at various levels in the industry, but if you are able to come up with a good business strategy, you are sure of getting your own fair share of the available market.

So, if you have decided to start a sports nutrition consulting business in the united states, then you should make sure that you carry out thorough feasibility studies and market survey. Below is a sample sports nutrition consulting business plan template that will help you write yours without much stress.

A Sample Sports Nutrition Consulting Business Plan Template

1. industry overview.

Sports nutrition consulting is the study of nutrition and dieting with regards to improving athletic performance. Nutrition is an important part of many sports training regimens, being popular in strength sports (such as weightlifting and bodybuilding) and endurance sports (e.g. cycling, running, swimming, rowing).

Sports nutrition consulting firm is a niche idea in the Nutritionists & Dietitians industry and players in this industry also includes health practitioners who have a bachelor’s degree, licensure, certification or registration in, and primarily advise on, matters of diet and nutrition and their effects on health.

These practitioners operate private or group practices in their own offices or in the facilities of others, including hospitals or other medical centers.

A close study of the Nutritionists & Dietitians industry shows that the industry is truly thriving in the United States as a result of loads of Americans facing a critical obesity problem over the past decade, with skyrocketing levels of diabetes, heart disease and other chronic diseases. As a result, demand for Nutritionists has increased and is expected to continue to rise significantly.

Wellness, maintenance and disease prevention have become some of the buzzwords circulating among people who are becoming increasingly concerned about what they eat and how it affects their health.

The industry has a positive outlook due to increasing emphasis on disease prevention through improved dietary habits. Growing focus on preventive care services and public interest in nutrition will also underpin demand.

A recent report published by IBISWORLD shows that the four regions that encompass the greatest percentages of health and wellness centers include the Southeast (22.6 percent of establishments), the Mid-Atlantic (18.7 percent), the West (16.2 percent), and the Great Lakes (15.3 percent) regions of the United States.

Together these four regions account for 72.9 percent of total establishments. The report also shows that other regions including the Southwest and Rocky Mountains account for an estimated 9.0 percent and 3.8 percent, respectively.

Geographic analysis by state indicates that wellness centers are primarily located in California (11.0 percent of establishments), New York (7.1 percent), Texas (5.9 percent), and Florida (5.5 percent). However, the Southeast accounts for the largest region due to its high senior population. The distribution and location of establishments is strongly correlated to population spread.

The Nutritionists & Dietitians industry is a thriving sector of the economy of the United States of America and they generate over $10 billion annually from more than 147,506 registered and licensed nutrition consulting firms (including sports nutrition consultants).

The industry is responsible for the employment of over 195,499 people. Experts project the industry to grow at a 2.3 percent annual rate. It is important to state that there is no single organization that has a lion share of the available market in the industry.

It can’t be over emphasized that the demand for the services offered by nutritionists and dietitians grows when public confidence declines and people’s ability to handle the issues on their own wanes. When the housing bubble burst and the US economy fell into a recession, consumer confidence plummeted.

However, as the economy slowly continues to recover and consumer confidence returns, demand for the services of nutritionists and dietitians is expected to grow. High-income households will serve as the primary vehicle of growth for the industry.

Lastly, as a sports nutritionist, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific area to be handled, and constant positivity. You are also expected to be highly proactive.

It is one thing to have a skill and another thing to know how to counsel people into eating right and living healthy which is why you must constantly get feedbacks from your clients to be able to measure their progress and your performance.

2. Executive Summary

Felix Santos® Sports Nutrition Consulting Firm, LLP is a licensed sports nutrition consulting firm that is specialized in helping her clients (athletes) when it comes to the type, as well as the quantity of fluids and food taken.

The scope of our business offerings covers areas such as nutrition counseling, planning food programs, planning nutrition programs, promoting healthy eating habits, consumption of nutrients such as vitamins, minerals, supplements and organic substances that include carbohydrates, proteins and fats et al. Our business will be located in a well-populated residential estate in Los Angeles – California, United States of America.

Felix Santos® Sports Nutrition Consulting Firm, LLP is a client-focused and result driven sports nutrition consulting firm that provides broad – based sports nutrition consulting service at an affordable fee that won’t in any way put a hole in the pocket of our clients.  We will ensure that we work hard to meet and surpass all our clients’ expectations as it relates to their career and personal goals whenever they hire our services.

At Felix Santos® Sports Nutrition Consulting Firm, LLP, our clients’ overall best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire professional and certified sports nutritionists with various skills set who are passionate in helping our clients achieve their personal goals within record time.

Felix Santos® Sports Nutrition Consulting Firm, LLP will at all times demonstrates her commitment to sustainability, both individually and as a nutrition consulting firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our clients’ needs precisely and completely.

Our overall business goal is to position our nutrition consulting firm to become the leading sports nutrition consulting brand in the industry in the whole of Los Angeles – California, United States of America, and also to be amongst the top 3 sports nutrition consulting firms in the United States of America within the first 5 years of operation.

This might look too tall a dream but we are optimistic that this will surely come to pass because we have done our research and feasibility studies. Felix Santos® Sports Nutrition Consulting Firm, LLP is founded by Dr. Felix Santos and he will run the business with his business partner, Dr. Anthony Wilder.

Dr. Santos is a certified and renowned sports nutritionist and Dr. Anthony Wilder a certified and licensed dietitian. They both have a combined experience of over 20 years working with top government officials, corporate executives, celebrities and sports people both in the United States of America and Canada.

3. Our Products and Services

Felix Santos® Sports Nutrition Consulting Firm, LLP is going to offer varieties of services within the scope of the nutritionists and dietitians’ industry in the United States of America.

Our intention of starting our sports nutrition consulting business is to help our clients stay fit, achieve peak performance and improve their overall wellbeing and productivity, and of course to also make profits and we will do all that is permitted by the law in the US to achieve our business goal. Our service offerings are listed below;

• Sports nutrition counseling
• Planning food programs for athletes
• Planning nutrition programs for athletes
• Promoting healthy eating habits for athletes
• Performing nutrition screenings for athletes
• Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials.

4. Our Mission and Vision Statement

• Our vision is to build a highly competitive and effective sports nutrition consulting business that will become the number one choice for athletes in Los Angeles – California and the whole of the United States of America.
• Our mission is to provide affordable, professional and highly effective sports nutrition consulting service to a wide range of clients.
• We want to position Felix Santos® Sports Nutrition Consulting Firm, LLP to become one of the leading sports nutrition consulting brands in the industry in the whole of Los Angeles – California, and also to be amongst the top 3 sports nutrition consulting firms in the United States of America within the first 5 years of operation.

Our Business Structure

Felix Santos® Sports Nutrition Consulting Firm, LLP, is a sports nutrition consulting firm that intends starting small in Los Angeles – California, but hopes to grow big in order to compete favorably with leading firms in the nutritionists and dietitians industry.

We are aware of the importance of building a solid business structure that can support the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operations.

At Felix Santos® Sports Nutrition Consulting Firm, LLP, we will ensure that we hire people that are qualified, hardworking, creative, passionate, result driven, customer centric and are ready to work to help us build a prosperous business that will benefit all the stake holders.

As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff/partners and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;

• Principal Partner/Chief Executive Officer
• Sports Nutritionist and Dietitian

Office Administrator

• Marketing Executives

Client Service Executive

5. Job Roles and Responsibilities

Principal Partner/Chief Executive Officer:

• Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results;
• Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
• Responsible for fixing prices and signing business deals
• Responsible for providing direction for the business
• Responsible for signing checks and documents on behalf of the company
• Evaluates the success of the organization

Sports Nutritionist and Dietitians

• Retailing of performance enhancing dietary supplements, energy supplements, recovery supplements (such as energy bar, sports drink, multivitamin, bodybuilding supplements and high-protein diet) and nutrition books and materials
• Develop meal plans, taking both cost and clients’ preferences into account
• Evaluate the effects of meal plans and change the plans as needed
• Keep up with the latest sport’s nutritional science research
• Write reports to document patient progress
• Responsible for overseeing the smooth running of HR and administrative tasks for the organization
• Regularly hold meetings with key stakeholders to review the effectiveness of the organizations’ Policies, Procedures and Processes
• Maintains office supplies by checking stocks, placing and expediting orders; evaluating new products.
• Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
• Defining job positions for recruitment and managing interviewing process
• Carrying out induction for new team members
• Responsible for training, evaluation and assessment of employees
• Responsible for arranging travel, meetings and appointments
• Oversees the smooth running of the daily activities for the organization.

Marketing Executive

• Identify, prioritize, and reach out to new clients, and business opportunities et al
• Identifies development opportunities; follows up on development leads and contacts
• Writing winning proposal documents, negotiate fees and rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility studies for clients
• Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
• Document all customer contact and information
• Represent Felix Santos® Sports Nutrition Consulting Firm, LLP in strategic meetings
• Help increase sales and growth for the organization
• Responsible for preparing financial reports, budgets, and financial statements for the organization
• Provides managements with financial analyses, development budgets, and accounting reports
• Responsible for financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• Responsible for developing and managing financial systems and policies
• Responsible for administering payrolls
• Ensuring compliance with taxation legislation
• Handles all financial transactions for the organization
• Serves as internal auditor for the organization.
• Welcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
• Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
• Manages administrative duties assigned by the principal partners in an effective and timely manner
• Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients when they make enquiries
• Receives parcels/documents for the organization.

6. SWOT Analysis

Felix Santos® Sports Nutrition Consulting Firm, LLP engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured sports nutrition consulting business that can favorably compete in the highly competitive industry in the United States.

Part of what the team of business consultants did was to work with the management of our organization in conducting a SWOT analysis for Felix Santos® Sports Nutrition Consulting Firm, LLP. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Felix Santos® Sports Nutrition Consulting Firm, LLP;

Our core strength lies in our ability to attract local support and frequent referrals, having a high prior success rate and recommendation/accreditation from authoritative source (celebrity sportsmen and women). So also, we have a team that is considered experts in the industry.

Aside from the synergy that exists in our carefully selected team members and our strong online presence, Felix Santos® Sports Nutrition Consulting Firm, LLP is well positioned in a community with the right demography and we know we will attract loads of clients from the first day we open our doors for business.

As a new nutrition consulting firm in Los Angeles – California, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the fast – growing nutritionists and dietitians industry; that is perhaps our major weakness.

• Opportunities:

Growing focus on preventive care services and nutrition will strengthen demand, so also the fact that patients have been better able to afford doctor visits and a growing population of people who are actively engaged in one sports activity or the order will create opportunities for industry services in institutionalized settings.

This goes to show that the opportunities in the nutritionists industry are massive. As a standard sports nutrition consulting firm, we are ready to take advantage of any opportunity that comes our way.

Every business faces a threat or challenge at every part of its life cycle. These threats can be external or internal. This shows the importance of a business plan, because most threats or challenges are to be anticipated and plans put in place to cushion what effect they might bring to the business.

Some of the threats that we are likely going to face as a sports nutrition consulting firm operating in the United States of America are unfavorable government policies that might affect businesses such as ours, the arrival of a competitor within our location of operation and global economic downturn which usually affects spending/purchasing power.

7. MARKET ANALYSIS

• Market Trends

The trend in the nutritionists and dietitians industry shows that in the last half decade, the industry has grown consistently. With the growing population of active athletes in the United State, nutritionist services are needed regardless of economic conditions.

Going forward, as people continue to be employed and regain a steady income, private health insurance will become more affordable, prompting consumers to seek nutritionist services when needed.

One thing is certain, the trend in the industry is such that if you want to be ahead of your competitors, you should be able to acquire as much certifications as possible and you should be able to have loads of testimonies from your clients.

The truth is that if your clients experienced huge difference in their eating habits, health and overall well – being as a result of hiring your services, then they will be compelled to help promote your organization. Another notable trend in this industry is the influence of technology; the advent of technology is responsible for the increase in income generated by sports nutritionists all over the world.

With technology, it is now easier for nutritionists to work with clients that are thousands of kilometers away from them. Tools like video calling/Skype, YouTube, live chat and Webcast et al are being used to counsel clients in different parts of the world.

8. Our Target Market

The target market for sports nutrition consulting firms is all encompassing. As a standard nutrition consulting firm, Felix Santos® Sports Nutrition Consulting Firm, LLP offers a wide range of services hence we are well trained and equipped to services a wide range of clients (athletes).

Below is a list of the clients that we have specifically designed our services for;

• Sports men and women
• Athletes in strength sports (such as weightlifting and bodybuilding) and endurance sports (e.g. cycling, running, swimming, rowing)

Our Competitive Advantage

No doubt, the nutritionists industry is indeed very prolific and highly competitive industry. Clients will only hire your services if they know that you can help them stay fit and achieve peak performance. It is the practice for nutritionists to acquire as much certifications as it relates to their area of specialization; it is part of what will make them stay competitive in the industry.

Felix Santos® Sports Nutrition Consulting Firm, LLP might be a new sports nutrition consulting firm in Los Angeles – California, but the management team and the owner of the business are highly qualified sports nutritionists that can successfully help her clients become peak performing athletes and achieve their personal sports goal within a short period of time. These are part of what will count as a competitive advantage for us.

Aside from our robust experience and expertise of our sports nutritionists, we have a very strong online presence that will enable us work with clients in different parts of the world.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us and help deliver our set goals and objectives.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Felix Santos® Sports Nutrition Consulting Firm, LLP is established with the aim of maximizing profits in the industry and we are going to ensure that we do all it takes to attract clients on a regular basis. Felix Santos® Sports Nutrition Consulting Firm, LLP will generate income by offering the following services;

10. Sales Forecast

One thing is certain, there would always be athletes who would need the services of sports nutritionists in other for them to stay fit and achieve peak performance. This is the major reason why our services will always be needed.

We are well positioned to take on the available market in Los Angeles – California and we are quite optimistic that we will meet our set target of generating enough income/profits from the first six months of operation and grow our clientele base.

We have been able to examine the nutritionists and dietitians market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. Below are the sales projections for Felix Santos® Sports Nutrition Consulting Firm, LLP, it is based on the location of our sports nutrition consulting firm and of course the wide range of services that we will be offering;

• First Fiscal Year (FY1): $250,000
• Second Fiscal Year (FY2): $350,000
• Third Fiscal Year (FY3): $650,000

N.B : This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

• Marketing Strategy and Sales Strategy

We are mindful of the fact that there are stiff competitions amongst sports nutrition consulting firms in the United States of America; hence we have been able to hire some of the best marketing experts to handle our marketing department.

Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets. We will also ensure that our clients overcome their challenges in record time.

Our goal is to grow Felix Santos® Sports Nutrition Consulting Firm, LLP to become one of the top 3 sports nutrition consulting firms in the United States of America which is why we have mapped out strategies that will help us take advantage of the available market and grow to become a major force to reckon with not only in Los Angeles – California but also in other cities in the United States of America.

Felix Santos® Sports Nutrition Consulting Firm, LLP is set to make use of the following marketing and sales strategies to attract clients;

• Introduce our nutrition consulting firm by sending introductory letters alongside our brochure to sports clubs and key stake holders in Los Angeles – California.
• Print out fliers and business cards and strategically drop them in stadiums, sporting complex, offices, libraries, public facilities and train stations et al.
• Use friends and family to spread word about our firm
• Post information about our sports nutrition consulting firm on bulletin boards in places like schools, libraries, and local coffee shops.
• Place a small or classified advertisement in the newspaper, or local publication about our sports nutrition consulting firm
• Advertise our sports nutrition consulting firm in relevant educational magazines, newspapers, TV and radio stations
• Attend relevant sports competitions, expos, seminars, and business fairs et al
• Engage direct marketing approach
• Encourage word of mouth marketing from loyal and satisfied clients.

11. Publicity and Advertising Strategy

We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to become the number one choice for clients in the whole of Los Angeles – California which is why we have made provisions for effective publicity and advertisement of our business.

Below are the platforms we intend to leverage on to promote and advertise Felix Santos® Sports Nutrition Consulting Firm, LLP;

• Place adverts on both print (community based newspapers and sports magazines) and electronic media platforms
• Sponsor relevant community based sporting events/programs
• Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, YouTube, Google + et al to promote our brand
• Install our Billboards in strategic locations all around Los Angeles – California.
• Distribute our fliers and handbills in target areas
• List our sports nutrition consulting firm in local directories/yellow pages
• Advertise our life sports nutrition consulting firm in our official website and employ strategies that will help us pull traffic to the site.
• Ensure that all our staff members wear our branded shirts and all our vehicles are well branded with our schools’ logo et al.

12. Our Pricing Strategy

Generally counseling and consulting services are billed on per hour billing rate and flat fees as it applies. As a result of this, Felix Santos® Sports Nutrition Consulting Firm, LLP will charge our clients flat fees except for few occasions where there will be need for us to charge special clients on hourly basis.

At Felix Santos® Sports Nutrition Consulting Firm, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to all our clients at regular intervals.

• Payment Options

The payment policy adopted by Felix Santos® Sports Nutrition Consulting Firm, LLP is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options Felix Santos® Sports Nutrition Consulting Firm, LLP will make available to her clients;

• Payment via bank transfer
• Payment via online bank transfer
• Payment via mobile money
• Payment via Point of Sales Machines (POS Machines)
• Payment via check
• Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our clients make payment for our services without any stress on their part.

13. Startup Expenditure (Budget)

This is what it would cost us to start our own sports nutrition consulting firm in the United States of America;

• Business incorporating fees in the United States of America will cost – $750.
• The budget for liability insurance, permits and license will cost – $3,500
• Acquiring an office space that will accommodate the number of employees we intend employing for at least 6 months (Re – Construction of the facility inclusive) will cost – $35,000.
• Equipping the office (computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $10,000
• The cost for accounting software, CRM software and Payroll Software – $3,000
• Other start-up expenses including stationery – $1000
• Phone and Utilities (gas, sewer, water and electric) deposits – ($3,500).
• Launching an official website will cost – $500
• Amount need to pay bills and staff members for at least 2 to 3 months – $70,000
• Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $5,000
• Miscellaneous – $5,000

Going by the report from the market research and feasibility studies conducted, we will need about one hundred and fifty thousand (150,000) U.S. dollars to successfully set up a medium scale but standard sports nutrition consulting firm in the United States of America. Please note that the salary for the payment of staff members for the first 3 months is included.

Generating Funds/Startup Capital for Felix Santos® Sports Nutrition Consulting Firm, LLP

Felix Santos® Sports Nutrition Consulting Firm, LLP is a partnership business that will be owned by Dr. Felix Santos. He will run the business with his business partner for many years Dr. Anthony Wilder. They decided to restrict the sourcing of the startup capital for the business to just three major sources.

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the startup capital from the bank (loan facility).

N.B: We have been able to generate about $50,000 (Personal savings $35,000 and soft loan from family members $15,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have, the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Felix Santos® Sports Nutrition Consulting Firm, LLP is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.

We know that one of the ways of gaining approval and winning customers over is to offer our services a little bit cheaper than what is obtainable in the market and we are prepared to survive on lower profit margin for a while. Felix Santos® Sports Nutrition Consulting Firm, LLP will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of.

Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List/Milestone

• Business Name Availability Check : Completed
• Business Incorporation: Completed
• Opening of Corporate Bank Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Leasing a standard office facility in a good location plus reconstruction: In progress
• Conducting Feasibility Studies: Completed
• Generating part of the startup capital from the founders: Completed
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of Logo for the school: Completed
• Printing of Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of the needed software apps, furniture, office equipment, electronic appliances and facility facelift: In progress
• Creating Official Website for the business: In Progress
• Creating awareness for the business in Los Angeles – California: In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with vendors and key players in the sports industries: In Progress

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