Business plan development

My Yoga Network Business Plan Author’s Name Institutional Affiliation Course Code and Name Professor’s Name Date My Yoga Network Business Plan 9525198120Company Description00Company Description 1428752699385Company’s Objectives/Mission Statement00Company’s Objectives/Mission StatementMy Yoga Network is a business founded by Ram Bhakt and is located in Long Beach, California. It was founded as a business committed to leading and changing the yoga market through thorough holistic healthcare and the promotion of people’s well-being. Bridging the gap that exists in the yoga industry is the main goal of the company. It provides a company with skilled yoga therapists together with experienced medical professionals who can help people attain holistic wellness and healing in California and beyond (Myyoganetwork.com). The company hopes to make the communities thrive by providing them with a platform to understand the life-changing potential of participating in yoga therapy. 0139509500The primary aim of My Yoga Network Company is to create a podium where people can access democratic, holistic healthcare provided by experienced medical care professionals and skilled yoga therapists in an easy-to-use manner in a dynamic platform (Myyoganetwork.com). The company objectives are very clear and include providing people with a place that they can use to make changes in their own lives, wellness, and health through making deep connections with them and making educated decisions to improve lives. The ideal future of the company would include the provision of holistic treatment and yoga therapies every day of the week and make them not only a speciality but a necessary part of healthcare provision that can help reform societies and improve people’s lives. right13335Legal Issues00Legal Issues right3719195Products and Services00Products and ServicesMy Yoga Network is committed to uploading moral principles in society and laws in its place to provide people with yoga and holistic healthcare. The company is also committed to striking a balance between protection of liability and operational flexibility since it operates as a Limited Liability Company (LLC). The commitment to abide by moral societies and laws is done to protect the personal accountability of the owners to create a legal arrangement that permits pass-through taxation (Myyoganetwork.com). With LLC as the legal structure of the company, My Yoga Network gains adaptation and agility to the laws and regulations in the industry, as well as attains a platform that helps effectively govern procedures and streamline its management in the yoga industry. In streamlining operations through law and regulation, the company uses applicable legal requirements to strictly promote the safety and security of personal health information, reduce liability, and offer data security. 6667581661000At the heart of My Yoga Network’s service provision to the customers is the cutting-edge online marketplace that creates a doorway for the provision of comprehensive healthcare solutions. Through the online marketplace, the company provides its customers and target audience with a podium to attain easy access to a range of services that include health educational programs on holistic health methods, one-on-one consultations with medical professionals, and individualized -33655605790Management/Leadership00Management/Leadershiptherapy sessions (Myyoganetwork.com). 246634091440000With extensive knowledge and experience in a variety of fields, such as healthcare administration, management of organization, and technology, the My Yoga Network leadership team is well-placed to steer the company forward. Led by the company CEO and Chairperson, Mr Ram Bhakt, the team in the company exemplifies a dedication to quality and innovation that creates a platform that leads the company in the direction of attaining its vision and goals. The team of leadership is composed of Avish Jain as the Chief Product Officer, John Davenport as Chief Marketing Officer, and an Advisory Board led by Jaime Lewis, assisted by Anita Schill, Adhana McCarthy, and Claudia Cardin-Kleffner (Myyoganetwork.com). The company leadership team embraces principles such as creativity, cooperation, and openness, which are at the centre of the ongoing development of the company and setting a bar of excellence. right27305Business Location00Business Location476253387090Development Stage & Milestones Achieved to Date00Development Stage & Milestones Achieved to Date2400300113919000Long Beach, California, is the strategic location of My Yoga Network’s headquarters. With such a strategic location, the company enjoys numerous benefits, including the prime location being accessible to customers and encouraging interaction with people from a variety of cultures. The location of the company stands as a nexus for propelling the influence of My Yoga Network to the next level, hence offering a platform for cooperation with a multicultural community, attaining faster growth, and providing customers with technologically advanced and holistic care. My Yoga Network has already achieved a lot in the yoga provision industry as it embraces its journey to continue transforming the sector, which shows its potential and progress so far (Myyoganetwork.com). The company has been able to demonstrate that it is steadfast, resilient, and adaptable in commitment to creativity and holistic case through its successful development and integration of corporate yoga services and hospitality yoga to its services as a working prototype to its strategic mission of changing the yoga industry in the United States and beyond. As the company has already surpassed these milestones, it is committed to ensuring that every activity and technology that is brought to the fold helps the company move closer to realizing its mission and vision of attaining a world where the provision of yoga leverages holistic healthcare as a concept of attaining 190501971675Financial Status00Financial Statusbetter health outcomes and becomes a lived reality to all. The financial outlook of My Yoga Network is positive thanks to recently obtaining seed investment support that was channelled to developing a platform for yoga service excellence. Despite being in the position of refining its revenue predictions, the financial position of the company is still strong because of the high demand for yoga services the company offers and benefits from its online marketplace promotion and services (Myyoganetwork.com). As a result, My Yoga Network is positioned to be able to have a say in the healthcare industry and complexities in the industries as it has emerged as a leader in the provision of holistic healthcare through innovative ways with an emphasis on sustainable growth and financial responsibility. Industry Analysis & Trends Industry Description My Yoga Network is a business founded by Ram Bhakt and is located in Long Beach, California. It was founded as a business committed to leading and changing the yoga market through thorough holistic healthcare and the promotion of people’s well-being. Bridging the gap that exists in the yoga industry is the main goal of the company (Wittich & McCartney, 2020) . The company operates in the Yoga industry in the U.S., which collected approximately 11.96 billion U.S. dollars in 2023 according to Statista (2023). Being a modern society, Americans use contemporary yago practices that modern western societies use to improve their well-being and healt...