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Writing a business plan.

Writing a good business plan for your business requires time, commitment, and understanding of the planning process, as well as a good business plan template. Focus on completing one business plan section at a time, and you’ll eventually complete the seven pieces needed for your “blueprint for success.”

The business plan is yours. Gather enough information from outside sources to make sure it is both professional and accurate, but don’t be afraid to be creative with the presentation. Customize it to reflect your vision.

Be sure to include the following seven sections in your business plan.

1. Executive Summary

2. mission statement, 3. company history (or plans) and description.

This section discusses the following topics in narrative form:

4. Market Analysis

5. Marketing Plan

6. Management Summary & Personnel Plan

7. Financial Statements

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Swimming School Business Plan, Marketing Plan, How to Guide, and Funding Directory

Swimming School Business Plan, Marketing Plan, How to Guide, and Funding Directory

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Product Description

This package provides you with a complete package with the tools that you will need to start and expand your Swimming School. With the business plan template, you will receive a 9 chapter plan in MS Word (with associated MS Excel financial template) that you can use to acquire capital from banks, finance companies, investors, or grant companies. The 8 chapter marketing plan will assist you in determining the best ways to reach your intended audience for your Swimming School. You will also receive a How to Start a Swimming School Guide that will showcase the startup issues that you will need to deal with as you progress through the business development process. Additionally, you will receive 3 different SWOT Analysis templates that are going to want to be seen by potential funding sources. You will receive a 425 page funding source directory that has been completed on a state by state basis. Finally, you will get a PowerPoint Presentation for your business!

Looking for specific info?

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swimming school business plan template

Free Swim School Business Plan

If you are setting up a Swim School business then it is sensible for you to write a Swim School business plan. If you require money for your business this will help you with it and even if you are blessed to have sufficient funds to start-up your own business then a business plan will support you in your business strategy. This will improve the probability of your business being a hit, which cannot be a bad thing.

Your plan ought to incorporate the following...

Swim School Executive Summary

Your Swim School executive summary should be written last as soon as you have done all the ground work in preparing your business plan - it is after all intended to be a summary of your business. This is the page that will grab the awareness of the reader and make them value what your Swim School business is about. Commonly it should present the reader three years highlights of your business or longer if you carry out a more long term business plan - i.e. when the backer(s) are apt to start seeing some earnings on their investment. The Swim School executive summary ought to refer to the chief protagonists who are available to help run the business and produce the takings for the investors and if any new management will be needed in the process. Click here for more free advice on how to write your executive summary .

Swim School Objectives

As the executive summary typically includes the breakdown of the first three years - your objectives should in addition be set out for your first 3 years of operation - this may be a handful or might be to a large extent more exhaustive - it's completely down to you, however having unrealistic goals to accomplish for your Swim School business in an unrealistic timeframe will put likely investors off rather than them being impressed at your elevated objectives.Read more about business objectives .

Swim School Mission

A number of people see objectives and mission as the same thing but they are not - objectives are there for you to meet your mission. The final mission of any business should be to get bought out! If you can build your Swim School business up to sell it at the same time as retaining a quantity of shares then you will have done well. To reach your definitive mission you will most likely need several smaller missions - these could be to reach a certain income, to attain a certain quantity of patrons, to sell a certain amount of units of a product or service and your objectives are there to meet this mission.

Check out some of these example mission statements before you have a go at writing your own mission statement .

Keys to Success

You need to tell people how and why your Swim School business is going to be a triumph - if you cannot think of something to write here then you are without hope. Even if your remedy is purely that you are going to put more effort in than the next guy - then at least that is something...but you'll need to back it up with some substantiation especially if you are looking for funding in your Swim School business.

Company Summary

Here you ought to compose a simple arrangement of your business over the next 3 years unless you have a long term plan.

Company Ownership

In basic terms put in writing who is going to own the Swim School business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it's reasonably widespread for someone to have possession of part of a business but have no voice in how that company is run. You must reveal if the business is a limited company, private, public or if you are a sole trader.

Not sure which business structure to go for?

Location(s) and facilities

Where is your Swim School business going to be trading from and why are you going to be trading from this position - you may perhaps not be capable of giving pinpoint address at this primitive stage but you have to narrow it down as much as you can, as clearly this will have a significant effect on your business. It's by and large straightforward to get premises for any Swim School business markedly in this climate with so many businesses folding, but getting the decent business premises for the right money is a different prospect completely.

Read more about business premises .

Start-up Summary for your Business

Before you start trading it's a good idea to have a business bank account and you are also going to have to choose a new name for your Swim School Business .

Before you can push any services or products you ought to write down precisely all of the things you are going to need and if you are going to require any investment in order to pay for all of these things. You may require to amend your start-up summary depending on your monetary condition - so you might have a preference for specific Swim School equipment however not be capable of buying it until you have sold a few units of product / service.

Swim School Start-Up Costs

This is a up-front list of things you need to buy and things you can bring into the company if you already have possession of them before your Swim School business can come into being. If you don't have enough cash you should also include who is going to present this wealth to get your Swim School business going.

Visit this page for more typical start up costs .

Swim School Investment

If you don't have sufficient funds you ought to bring in the whole investment you are going to require and additionally include the breakdown of the parties that are going to finance the investment. Incorporate the equity being given away to fund this or loan agreements in order to finance the contract. Will you require a small business bank loan ? If you cannot get a bank loan don't worry there are alternative methods for funding your Swim School Business .

Swim School Business Plan Page 2

Useful Swim School Resources

Swim School Marketing Plan | Swim School Equipment | Swim School Online

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Business planning for Swim Schools

Business planning for Swim Schools

Business planning is vital. As a business owner, you need to have an understanding of a vast array of regulations, tax codes, social media and much more.

It is a challenge that faces you every day, but there are people to help you. We have pulled together the best advice we can find to support you.

External business planning advice

The Government has lots of great information on their website  which will help you if you are just starting out. It explains ways to grow your business as well as much more general advice and information.

The Prince’s Trust is another great organisation for small businesses. With over 40 years of experience, they have lots of information which will be useful, whatever the size of your business.

Business planning resources

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How to Start a Swim School

A swimming school is a good business for any community, because most children would like to learn how to swim. While such a school can prosper in any community, it will obviously do better in communities that have prominent water parks, public pools, and/or beaches, where there is ample opportunity for kids to try out their new skills.

Ready to form your LLC? Check out the Top LLC Formation Services .

Learn how to start your own Swim School and whether it is the right fit for you.

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Start a swim school by following these 10 steps:

There is more to starting a business than just registering it with the state. We have put together this simple guide to starting your swim school. These steps will ensure that your new business is well planned out, registered properly and legally compliant.

Exploring your options? Check out other small business ideas .

STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

How much can you charge customers?

What will you name your business.

Luckily we have done a lot of this research for you.

What are the costs involved in opening a swim school?

The cost of opening a swim school can be relatively low. One of the greatest costs is the pool itself: if you already have one at your home and are willing to use it for lessons, then this costs nothing. If not, the most cost-efficient step is to work out a pool rental agreement from a local school or hotel. The cost of this varies but can go up to $15 per swimming lane per hour, but the easiest solution is to build this cost into the membership fees for your customer. Insurance may be up to $6,000 per year and obtaining relevant licensing and permits can vary in costs, but are typically less than $5,000. Marketing can vary, as traditional marketing via television, radio, and print to advertise a grand opening may be $15,000 or more, but advertising via social media and Youtube is free.

What are the ongoing expenses for a swim school?

One of the most attractive features of a swim school is that there are few ongoing expenses. Building a pool rental cost into membership fees means that there is no cost for pool upkeep, rent, or utilities. Insurance costs can vary but can cost the equivalent of $500 a month. Beyond that, the only real ongoing costs would be monthly advertising (typically $2,000 a month or less, especially if you use a lot of social media advertising).

Who is the target market?

Generally, the best clients tend to be “older,” as in teenagers on up. These groups tend to want to learn for their own reasons and are more motivated, whereas younger clients are typically there at the urging of their parents and may actually resent the lessons just as they may resent typical school lessons.

How does a swim school make money?

Of course, the most basic way that a swim school makes money is by charging clients for the lessons you provide. You may offer a variety of payment methods, such as charging per lesson, charging a monthly fee for regular lessons, and possibly charging a greater monthly fee for “unlimited” lessons. You should always charge a higher rate for private lessons as this takes away time when you could be making money via group instruction.

To a degree, how much you charge customers should both reflect the socioeconomic status of your clientele while also remaining competitive with other businesses. Typically, $50 would be the low-end for group lessons while $100 would be the high-end, with the assumption that these lessons last an hour; you can adjust prices downward for shorter lessons. One way to encourage frequent lessons by offering discount rates on a certain number of lessons purchased at once or to offer a kind of membership plan that rewards visits over time.

How much profit can a swim school make?

In general, a swim school has a decent profit margin, with many in the profit margin of 20 to 30 percent, which is particularly high for a service industry. The high margin is primarily due to the aforementioned lack of overhead and monthly expenditures, meaning that you can potentially pocket anything that does not go towards pool rental, insurance, and marketing.

How can you make your business more profitable?

Most of the most profitable tricks have already been mentioned. Renting rather than building a pool keeps costs down while building the costs of rental and insurance into your fee structure helps you to absorb those costs. Advertising more via social media is also free and helps you reach younger people, while liaising with schools, churches, and other organizations is a free way of reaching your key demographic.

Choosing the right name is important and challenging. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Swim School Name Generator

If you operate a sole proprietorship , you might want to operate under a business name other than your own name. Visit our DBA guide to learn more.

When registering a business name , we recommend researching your business name by checking:

It's very important to secure your domain name before someone else does.

Find a Domain Now

Powered by godaddy.com, step 2: form a legal entity.

The most common business structure types are the sole proprietorship , partnership , limited liability company (LLC) , and corporation .

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your swim school is sued.

Form Your LLC

Read our Guide to Form Your Own LLC

Have a Professional Service Form your LLC for You

Two such reliable services:

You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.

Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services . You can choose to hire a registered agent or act as your own.

STEP 3: Register for taxes

You will need to register for a variety of state and federal taxes before you can open for business.

In order to register for taxes you will need to apply for an EIN. It's really easy and free!

You can acquire your EIN for free through the IRS website, via fax, or by mail. If you would like to learn more about EINs and how they can benefit your LLC, read our article, What is an EIN?.

Learn how to get an EIN in our What is an EIN guide or find your existing EIN using our EIN lookup guide.

Small Business Taxes

Depending on which business structure you choose, you might have different options for how your business will be taxed. For example, some LLCs could benefit from being taxed as an S corporation (S corp).

You can learn more about small business taxes in these guides:

There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides.

STEP 4: Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset protection.

When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil .

Additionally, learning how to build business credit can help you get credit cards and other financing in your business's name (instead of yours), better interest rates, higher lines of credit, and more.

Open a business bank account

Besides being a requirement when applying for business loans, opening a business bank account:

Recommended: Read our Best Banks for Small Business review to find the best national bank or credit union.

Open net 30 accounts

Net 30 accounts are used to establish and build business credit as well as increase business cash flow. With a net 30 account, businesses buy goods and repay the full balance within a 30-day term.

NetMany net 30 credit vendors report to the major business credit bureaus (Dun & Bradstreet, Experian Business, and Equifax Business Credit). This is how businesses build business credit so they can qualify for credit cards and other lines of credit.

Recommended : Read our best net 30 vendors , guide and start building business credit.

Get a business credit card

Getting a business credit card helps you:

Recommended: Apply for an easy approval business credit card from Divvy and build your business credit quickly.

STEP 5: Set up business accounting

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Make LLC accounting easy with our LLC Expenses Cheat Sheet.

STEP 6: Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.

State & Local Business Licensing Requirements

Certain state permits and licenses may be needed to operate a swim school. Learn more about licensing requirements in your state by visiting SBA’s reference to state licenses and permits.

In addition, certain local licensing or regulatory requirements may apply. For more information about local licenses and permits:

Most businesses are required to collect sales tax on the goods or services they provide. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses .

Instructor Certification

All swim instructors should be certified. Certifications typically come from either the Red Cross or the Aquatic Teaching Foundation Unit. Different levels of certification should be obtained relevant to teaching intent. More information on certifications can be found  here .

Liability Release Forms

It is advisable to have swimmers sign liability waivers to decrease legal responsibility and encourage transparency. An example of a liability waiver can be found  here .

Recommended: Rocket Lawyer makes it easy to create a professional release of liability form for your swim school when you sign up for their premium membership. For $39.95 per month, members receive access to hundreds of legal agreements and on call attorneys to get complimentary legal advice.

Certificate of Occupancy

Businesses operating out of a physical location typically require a  Certificate of Occupancy  (CO). A CO confirms that all building codes, zoning laws and government regulations have been met.

STEP 7: Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss.

There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face, begin with General Liability Insurance . This is the most common coverage that small businesses need, so it’s a great place to start for your business.

Learn more about General Liability Insurance .

Another notable insurance policy that many businesses need is Workers’ Compensation Insurance . If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage.

Recommended: Learn what business insurance for your Swim School will cost.

Business Insurance for Swim School

STEP 8: Define your brand

Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.

If you aren't feeling confident about designing your small business logo, then check out our Design Guides for Beginners , we'll give you helpful tips and advice for creating the best unique logo for your business.

Recommended : Get a logo using Truic's free logo Generator no email or sign up required, or use a Premium Logo Maker .

If you already have a logo, you can also add it to a QR code with our Free QR Code Generator . Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website.

How to promote & market a swim school

Promote your swim school via traditional and modern means. As mentioned above, this includes combining print, television, and radio advertisement as well as social media. Placing flyers and business cards throughout your community is another relatively cheap way of advertising your business.

How to keep customers coming back

Because of the relative youth of many of your customers, a good way to retain customers is to hold special events. These may include swim parties in the summer and theme parties around holidays. Offering customers rewards programs where customers can earn free lessons over time and getting free lessons for referring their friends can also provide a powerful incentive for customers to come back.

Still unsure about what kind of business you want to start? Check out the latest Small Business Trends to help inspire you.

STEP 9: Create your business website

After defining your brand and creating your logo the next step is to create a website for your business .

While creating a website is an essential step, some may fear that it’s out of their reach because they don’t have any website-building experience. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler.

Here are the main reasons why you shouldn’t delay building your website:

Using our website building guides , the process will be simple and painless and shouldn’t take you any longer than 2-3 hours to complete.

Recommended : Get started today using our recommended website builder or check out our review of the Best Website Builders .

Other popular website builders are: WordPress , WIX , Weebly , Squarespace , and Shopify .

STEP 10: Set up your business phone system

Getting a phone set up for your business is one of the best ways to help keep your personal life and business life separate and private. That’s not the only benefit; it also helps you make your business more automated, gives your business legitimacy, and makes it easier for potential customers to find and contact you.

There are many services available to entrepreneurs who want to set up a business phone system. We’ve reviewed the top companies and rated them based on price, features, and ease of use. Check out our review of the Best Business Phone Systems 2023 to find the best phone service for your small business.

Recommended Business Phone Service: Phone.com

Phone.com is our top choice for small business phone numbers because of all the features it offers for small businesses and it's fair pricing.

Start a Swim School in your State

TRUiC's Startup Podcast

Welcome to the Startup Savant podcast , where we interview real startup founders at every stage of the entrepreneurial journey, from launch to scale.

Is this Business Right For You?

First and foremost, this is for someone both passionate and knowledgeable about swimming, as you must be able to provide specific tips and techniques in order to help swimmers succeed. You must be good at working with children, as most of your customers will be younger. And you must be careful modulating group lessons and individual instruction in order to underscore the value of your private lessons.

Want to know if you are cut out to be an entrepreneur?

Take our Entrepreneurship Quiz to find out!

Entrepreneurship Quiz

What happens during a typical day at a swim school?

Most of the day to day activities of a swim school involves conducting the lessons themselves. The most successful swim schools will offer lessons to different age groups, so these will need separate times for instruction. You may also consider offering lessons for aspiring professional swimmers, such as those on swim teams in middle school, high school, and college. Beyond this, you will be reaching out to customers and their parents via email each week as well as designing and releasing advertisements for your business. You may also liaise with local sponsors and take time out of each day to process payments and make sure all customers are accounted for.

What are some skills and experiences that will help you build a successful swim school?

It is important to not only be very knowledgeable about swimming but to already be certified as an instructor. This helps you keep initial start-up costs lower because you do not have to hire any additional instructors at first. Having taken swim classes yourself will help you come up with ideas for conducting your own classes. Having community ties with local schools, churches, and other organizations can help you recruit students, while previous experience working at a swim school ran by someone else gives you vital experience for running your own business.

What is the growth potential for a swim school?

There is decent growth potential for a swim school because it is always possible to expand lessons to different groups of clients. For instance, while swim schools have traditionally catered to younger clients, one swim school business owner was able to quadruple her business when she began offering private swimming lessons for adults. For businesses able to work with a diverse age range of customers, the growth potential is very real.

TRUiC's YouTube Channel

For fun informative videos about starting a business visit the TRUiC YouTube Channel or subscribe to view later.

Take the Next Step

Find a business mentor.

One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.

Having a support network in place to turn to during tough times is a major factor of success for new business owners.

Learn from other business owners

Want to learn more about starting a business from entrepreneurs themselves? Visit Startup Savant’s startup founder series to gain entrepreneurial insights, lessons, and advice from founders themselves.

Resources to Help Women in Business

There are many resources out there specifically for women entrepreneurs. We’ve gathered necessary and useful information to help you succeed both professionally and personally:

If you’re a woman looking for some guidance in entrepreneurship, check out this great new series Women in Business created by the women of our partner Startup Savant.

What are some insider tips for jump starting a swim school?

Jump start your swim school by first coordinating with local schools and obtaining permission to advertise your business. In particular, the coaches should be able to spread word of your business opportunity. Make sure to provide a venue via social media and your website for customer testimonials, as those are increasingly popular among younger customers.

How and when to build a team

Starting out, you will likely be the only instructor. You will know when to build a team if you have more customers than you can personally handle or simply want to expand your hours or services.

Get more ideas with our Business Ideas Generator .

Check out our How to Start a Business page.

Sign up at the Business Center to access useful tools for your business.

Useful Links

Industry opportunities.

Real World Examples

Further Reading

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  4. 23+ School Business Plan Templates in DOC

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COMMENTS

  1. Swim school business plan

    Lonaker, Stacie K., "Swim school business plan" (2001). Master's Theses. 2187. DOI: https://doi.org/10.31979/etd.9stc-w9z9.

  2. 30 Swim Lesson Plan Template

    Feb 25, 2022 - Swim Lesson Plan Template - √ 30 Swim Lesson Plan Template , Swimming Lessons Flyer Template In Psd Ai & Vector.

  3. Southern Splash: Indoor Aquatic Facility Business Plan

    The purpose of this project was to develop a feasible business plan for a swim school, which would offer various aquatic activities with the

  4. Aquatics Business Plan 2012-2017

    The primary design of the Highland. Horizon swimming pool lends itself to swimming lessons, shallow water aerobics, therapy and rehabilitation classes and

  5. Coach Owned Club Writing a Business Plan

    Writing a good business plan for your business requires time, ... of the planning process, as well as a good business plan template.

  6. Swimming School Business Plan, Marketing Plan, How to Guide

    With the business plan template, you will receive a 9 chapter plan in MS Word (with associated MS Excel financial template) that you can use to acquire capital

  7. Free Swim School Business Plan

    Your Swim School executive summary should be written last as soon as you have done all the ground work in preparing your business plan - it is after all

  8. Business Planning for Swim Schools

    Business planning is essential for the smooth running of your swim school. Here you will find some useful resources to help with your

  9. How to Start a Swim School

    A swimming school is a good business for any community, because most children ... A clear plan is essential for success as an entrepreneur.

  10. 3-YEAR BUSINESS PLAN 2018-2021

    the Authority 2018-19 Annual Business Plan) and annual FAC Business & Marketing Plan and ... swimming lessons, casual admittance and overall attendance).