Legal analysis: Compared with other industries, the investment cost of gyms will be higher. It is definitely necessary to open a gym, so when choosing a venue, we must do a good job in investigating the local market environment and look at the local permanent population, per capita consumption purchasing power and market competition. If we rashly invest in opening a gym without doing these things well, then we will face many factors, such as low gym coverage, low purchasing power per capita, great market competition pressure, etc., which will lead to low performance and sales of our gym, deficit in revenue and expenditure, and then financial crisis. The operation of the gym is also a very important environment. If the gym manager doesn't understand the operation, it will make our gym fall into the abyss of operation. For example, how to deal with competitors around us, how to maximize the benefits of gyms in the face of holiday promotions, etc., all need to be considered by management. Therefore, the management ability of a gym is not good, so the gym is like an inflated balloon and cannot be disturbed by any external interference. Therefore, in order to avoid business risks, investors need to have professional gym management experience.

Legal basis: Article 77 of the Company Law of People's Republic of China (PRC), a joint stock limited company may be established by means of initiation or public offering. A promoter refers to a company established by the promoters who subscribe for all the shares that should be issued by the company. The establishment by public offering means that the promoters subscribe for part of the shares that should be issued by the company and raise the remaining shares to the public or specific objects to establish the company.