Industry Analysis & Industry Trends
The Sports Instructors industry has been adversely affected by the global financial crisis over the past five years. The global financial crisis resulted in subdued growth in discretionary income and a rapid rise in the household savings ratio, preventing consumers from sport participation and spending on non-essential sports instruction. This was partially offset by a rise in available leisure time as demand for labour throughout the economy dropped. Subdued growth was also the result of strong competition from gyms, fitness centres and general fitness activities such as walking and running. These factors have resulted in the industry undergoing slow growth at a compound annual rate of 1.4% over the five years through 2013-14, to total $799.2 million. Low growth of 1.1%... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry in the Sports Instructors industry are typically low. Instructors are usually able to enter the market by taking a low level coaching course and then seeking a job working for a coaching company or freelancing. Many individuals in this industry work only in a part time capacity in order to complement their full time work or study. Most low level coaching courses do not take more than a couple of days and are therefore relatively easy to achieve accreditation.
Although gaining qualifications and entering the industry is relatively simple, there can be difficulties in finding facilities to use. Within individual sports such as tennis and golf, clubs will generally have existing sports instructors and be adverse to hiring new instructors... purchase to read more