Cost Of Doing Business Analysis

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The Cost of “Doing Business” Think for a moment about the people in your life, friends, family and co-workers, reflect also on yourself. Now visualize the current state of these people, are they overweight, underweight, look tired or stressed? Do they work long hours, eat poorly and lack exercise? Perhaps they are overworked, putting in more hours to climb the corporate ladder to make a higher salary. Simple economics teaches us that everything has an opportunity cost, however we tend not to view our own health as an opportunity cost, or the cost of doing business. What is the monetary value of our health in relation to being financially successful? Will working longer hours and sacrificing our health today really give us more financial freedom …show more content…
These deaths occurred more specifically from diseases such as coronary heart disease, type 2 diabetes and both breast and colon cancers. Inactivity also causes many other complications which can be directly linked to these deadly diseases. Complications include but aren’t limited to high blood pressure, high blood sugar, high cholesterol, depression, obesity, joint disorders, depression, and poor metabolism. To add perspective to the severity of inactivity consider that 5.4 million people die each year from health issues related to smoking. When we talk about inactivity we are speaking of people who lack any type of additional movement outside of their regular routine. These are people who choose not to engage in activity during their leisure time and fall into the stigma of being a “couch potato”. These individuals are rooted in their routines, they are victims of endless excuses, a lack of motivation, energy and overall health knowledge, however if asked the majority would acknowledge their situation and express a desire for personal improvement. As a personal trainer I worked with many of these people and know from personal experience that the most common excuses for inactivity are “I’m too tired” and/or “I don’t have the time”. These excuses stem largely from a constant struggle between …show more content…
Success is commonly measured by the amount of financial freedom we have, however my time as a personal trainer taught me that a large percentage of my clients would certainly not claim to have found financial freedom. In fact, many were now investing upwards of $20,000 a year just in personal training to reverse the effects from years of neglect to their health.4 State of Obesity reported that $117 billion dollars in annual healthcare costs are associated with inactivity in the United States alone. Inactive adults (age 15 and above) spend on average $1,400 more per year in healthcare than people who are regularly active. The average lifespan reported by the Center for Disease Control in The United States is 78.8 years, this means that an inactive person will spend approximately $90 thousand in healthcare in their adult life5. Additionally, outside of healthcare Americans spend over $60 billion annually trying to lose weight. This includes everything from personal training, gym memberships, lifestyle/nutrition coaches, weight loss programs and the food to support a healthy lifestyle. Being regularly active offers more than just health benefits, it offers considerable financial benefits as well. Imagine the amount of money you could be saving annually if you did not require personal trainers, weight loss plans or medical

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