Lectura 22: Business Idea – Business Administrators

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Reading Comprehension: GymNoobs

Hey there

I’m Mike, and I have some big plans. I would like to start a business about Fitness and Health.

The name of the business would be: “GymNoobs” and I would consider opening one in Liberia.

I am not really sure yet but I would probably charge $100 for the use of the facilities and nutritional plans.

My target customers would be people who have 9-to-5 jobs who want to get into better shape.

My initial investment would be around 30 million colones.

Sure, there’s competition – local gyms out there.

I will start losing-weight challenges on Social Media to attract costumers.

Starting small with just me and a small team of 2 people.

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True or False

1. Mike is planning to start a business called “GymNoobs.”

2. The business will be located in the United States.

3. Mike plans to charge $200 for access to the gym and nutritional plans.

4. Mike will provide nutritional plans as part of the GymNoobs service.

5. There are no local gyms in Liberia .

6. The business will start with a large team of employees.

7. Mike’s business will focus on helping people who are beginners to fitness.

8. Mike plans to promote the gym through social media.

9. Mike’s initial investment for the gym will be around 10 million colones.

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