A healthy lifestyle is a blend of sundry aspects relating to your everyday routine and simply eating healthy won't help you in achieving that goal. It involves maintaining a well-acclaimed level of fitness which not only helps your body in achieving optimum levels of activities but, it also helps in everyday exercise and proper sleep. When it comes to fitness, the very first thing that comes to our mind is Sports and specifically gyming activities for staying healthy and living a healthy lifestyle. With increasing Food Business in India creating limitless food options which are making people more concerned about their health. People eating out unhealthy food at one point becomes considerable of their weight and health as heavyweight not only discomfort routine activities but also invites a number of diseases and dizziness along with it. The more the number of people focuses on fitness and lifestyle, the more will be the people investing in this industry.
When we talk about Business in Fitness and Lifestyle Industry, we mean investing in opening Sports Club, Sports Academy, Sports Complex and Gym for getting more revenue from this industry with increase in people’s focus on this industry. This industry is increasing rapidly as unhealthy food causing unwanted diseases may be prevented or their cause can be reduced to the best for a human being.
When we talk about Business the compliance follow-ups which are most important for starting and maintaining a legal and long-term business in India. But unfortunately, when we talk about legislation laws, India doesn’t have any laws to regulate sports and the sports federations in the country. When starting any proprietary concern, registration of the same is not compulsory. In a proprietorship firm, the individual and the firms are one and the same person in the eyes of law and for taxation purpose. Thus, it depends on the nature of the business structure, whether it needs to be registered or not.
The work of administration and funding of sports in India is in the hands of “Ministry of Youth Affairs and Sports”, which is headed by a cabinet minister and managed by the National Sports Federations. This ministry is responsible to build a good infrastructure of sports and achieving excellence in different sport events conducted in India. Where Administration of the sports activities is in the hands of autonomous bodies, such as Sports Authority of India (SAI), Indian Olympic Association (IOA) and Board of Control for Cricket in India (BCCI). These governing bodies are registered under the Societies Registration Act, 1860 and work as recipients of government’s aid.
Different Sports federations have made different laws for licensing of a sports club in India, for Example, All India Football Federation in its Act defines Article 6 as Criteria for Licensing of Club in India which needs to be followed:
The increasingly unfit scenarios faced by the country is focusing more on being healthy nowadays which is leading to the increasing business of gyms in India, but they somehow fail to comply legally and faces legal complaints and cases against them along with penalties, imprisonment and sometimes permanent sealing of the gym(s).