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Koru Fitness, Inc. <br />Zumba® will be offered initially to pull people in the door. Eventually the format will be <br />phased out and replaced with SH'BAM exclusively. <br />At present, there are two potential locations that Koru Fitness, Inc. is considering; both <br />on the corner of Bunker Lake Boulevard and St. Francis Boulevard in Anoka and <br />Ramsey. There are certain advantages and disadvantages to each which is discussed in <br />the Location Options section. <br />Nicole Kutches is founder, operator and 50% owner of Koru Fitness, Inc. with the other <br />50% ownership belonging to outside investor, Gary Nereson. <br />Management Team <br />Koru Fitness, Inc. will initially be managed by Nicole Kutches on a day-to-day basis. <br />Nicole will devote 100% of her time to this venture. Nicole will handle the main <br />operations, direction and vision for Koru Fitness, Inc. She will work with a professional <br />marketing firm to assist with marketing and promotion. Mort Harris or SCORE will <br />continue to mentor Nicole on the business aspects. She has 18 years of experience <br />teaching group fitness and 12 of those teaching LMI progrmas. Nicole has instructed at <br />Lifetime Fitness, Gold's Gym and is currently at the YMCA in Andover and Coon Rapids. <br />She is well respected by participants and staff for her knowledge, personality, <br />enthusiasm and professionalism. Nicole will work closely with a professional <br />bookkeeper to keep track of Koru Fitness, Inc.'s finances. Nicole will also hire and train <br />a part-time employee to be acting manager when she is unable to work due to <br />personal or family illness. <br />CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade -secret <br />information and is shared only with the understanding that you will not share its contents or ideas with <br />third parties without the express written consent of the plan author. <br />