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It helped company in to turn out as a leading distributor of fitness equipment. In 1995, Gym Source was the third-largest distributor of Life Fitness equipment in the country. By 2012, the company had nearly $100 million in revenue and gained exclusivity contracts with fitness equipment manufacturers.
For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.
Business process mapping, also known as process charting, has become much more prevalent and understood in the business world in recent years. Process maps can be used in every section of life or business. The Major Steps of Process Improvement using Process Mapping Process identification - identify objectives, scope, players and work areas.
Cybex International (NASDAQ: CYBI) is an American fitness equipment manufacturer for commercial and consumer use. It produces mainly cardiovascular and strength equipment such as Arc Trainers, treadmills, stationary bicycles and steppers. Cybex markets its products through distributors in over 87 countries.
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The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million. [5] [6] The sale was completed on July 11, 1997. [7] Later in 1997, Life Fitness bought Hammer Strength, a manufacturer of weight machines. [8] ParaBody, Inc. was bought by Life Fitness in 1998. [9] [10]
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