Industry Analysis & Industry Trends
The Sports Instructors industry has experienced moderate growth over the past five years as it faces extensive competition from the general fitness industry. Sports participation has declined in Australia and an increasing amount of participants are turning to non-organised sport as time constraints and low discretionary income over the period have provided disincentive for the industry. Health consciousness declined during the global financial crisis, particularly in 2008-09 as pressing financial constraints took precedence for consumers. The industry also benefited from increased capital expenditure from state and local government over the past five years as the government responded to faltering private investment. The industry has grown by a compound annual rate of 1.0%... 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. 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.
Capital required for start up is generally low, as instructors typically are able to either hire facilities to train individuals on. Instructors looking to own their own facility face much higher capital costs, however, the level of capital required is dependent on the sport that is being instructed... purchase to read more