I still get emails from new trainers who stumble across it. The targets or goals set for the business and also include the payroll and expected profitability. They handle everything from insurance and paying for staff to arranging TV rights in return for taking their pay from a cut of the proceeds. Application and Obtaining Tax Payer’s ID: Application for business license and permit: Acquiring indoor gym facility and remodeling the facility: Drafting of Contract Documents and other relevant Legal Documents: Graphic Designs and Printing of Packaging, Marketing/Promotional Materials: Creating Official Website for the Company: Creating Awareness for the business both online and in the neighborhood: Health and Safety and Fire Safety Arrangement (License): Establishing business relationship with vendors and key players in the industry (boxing merchandize suppliers, boxing regulating bodies and boxing clubs). Publicity for the sport is driving new gyms and clubs to specialize in boxing and is helping such businesses increase profitability. Startups.co.uk are trading styles of Marketing VF Ltd, an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (FRN: 574048). Part of the marketing and sales strategies that we will adopt are; We have been able to work with our branding and publicity consultants to help us map out publicity and advertising strategies that will help us work our way into the heart of our target market. GoDaddy’s Website Builder lets you easily create & customize your own site with drag-&-drop tools. The fighters fought for a purse put up by their backers (hence the term prizefighting); the backers, in turn, hoped to profit by betting on their man. A Boxing Club Business Plan. Boxing slogans are a fun way to show your spirit and love for the game. After that, as long as you have gloves and pads, you’re good to go. You may need to comply with specific sanitation laws. Of course, no individual will just step out to go compete in a boxing event/competition without adequate preparations. We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be well equipped to confront our threats. Things like snacks are always in high demand at little and great parties, which makes this business idea for beginners very lucrative. How to Create Accessible Marketing Content. A Sample Boxing Gym Business Plan Template 1. The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. The health & fitness industry encompasses a wide range of businesses, from online retail shops to mobile therapeutic services. Ray Holyfield® Boxing Gym, Inc. is in business to provide boxing gym facility and boxing club for residents of Chicago – Illinois and also help our clients achieve their fitness cum fun – filled activities and at the same time to make profits. If you play your cards right, your eCommerce business’ unboxing experience can help build brand recognition, and who knows, maybe even help you go viral. In view of that, we have made provisions for the following positions to be occupied by highly qualified and experienced staff; Boxing and Safety Instructors/Assistant (5). Check domain availabilty with GoDaddy. The fear of injury has exacerbated this trend, with consumers fearing time off work or study to recover. The business side of boxing depended entirely on betting. 1. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. A recent report released by IBISWorld shows that the Boxing Gym and Club industry has been stagnant over the five years through 2012-17. After a year of high-profile boxing matches such as Anthony Joshua versus Wladimir Klitschko and Floyd Mayweather Jr. versus Conor McGregor, the Millenia old sport is seeing a resurgence in popularity. “2018 will see many continuing to choose exercise as a stress-reliever, but will also see gym-goers turning to alternative forms of exercise which enable them to learn a skill at the same time; specifically boxing. A boxing gym will need to follow all local laws and regulations regarding its business structure. So, if you have got the baking skills you … 2 people like this. Just like in other business ventures, the owners of boxing gym facilities are always looking for ways to increase their market share; they go as far as signing deals with high schools and also boxing clubs et al to make use of their facility. What to Look Out for Before Buying a Camper Van Hire Business for Sale. See more ideas about boxing champions, boxing history, martial arts. Denn im Kampf „Mann gegen Mann“ steckt vieles, was sich im täglichen Geschäftsleben wiederfindet. The target market for our boxing gym facility and boxing club cuts across children and adults from different backgrounds. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry and they will be more committed to help us build the business of our dreams. 2 Great Boxing Workout ideas: Hey guys! Many of the mental skills that a person learns during boxing can effectively be used outside of the ring, in regards to knowing their opponent or the situation they are in, finding their ‘fighting’ style and mastering their defence, which can all be applied to everyday work and social situations.”. It was sent in by Hayley Warner. Startup loans can be a great option. Boxing is an international sport hence it is practiced all over the globe; it is also one of the major medal events in the Olympics, this is the reason why you can hardly find a country or city without an active boxing gym or boxing club. Other related martial arts training services, Boxing and sports merchandise and apparel, Other related indoor gym facility operations. Boxing and Business. For a boxing club business which is capital intensive, a business plan has to be in place. Be that as it may, we have put plans in place to offer discount services once in a while and also to reward our loyal customers especially when they refer clients to us or when they register as a family or a boxing club, organization or schools. We have been able to secure a standard indoor facility in a central and easy to locate location in Chicago – Illinois. Cool names are remembered easily, while names that describe what your company does sound like all the rest. Gym & Fitness Business Name Ideas . We are aware that there are competitions in the boxing gym and club industry which is why we took out time to conduct an effective SWOT Analysis before investing our hard – earned money into the business. Learn more Start for Free No Credit Card Required. 1 – Keep Moving Forward. Welcomes members and potential members/clients by greeting them in person or on the telephone; answering or directing inquiries, Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level, Through interaction with clients on the phone, uses every opportunity to build client’s interest in the organization’s products and services, Manages administrative duties assigned by the management in an effective and timely manner, Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. Helps to increase sales and growth for Ray Holyfield® Boxing Gym, Inc. Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups boxing gym and boxing club facility businesses in the United States) in the industry. Boxx allows you to have boxing workouts streamed directly to any internet-enabled device on flexible plans. Sign up for a. The new brand is ultra-modern, sleek, accessible”. It’s Travis here today with a few boxing workout ideas. Anna Samuels, co-founder of online boxing workout provider Boxx agrees that the boxing fitness boom is set to continue in 2018, simply “because people love it”. By: Rae Daniel So, if you have decided to start your own boxing gym business, then you should ensure that you carry out thorough feasibility studies and also market survey. If you're a dedicated boxing aficionado, owning a boxing gym could seem like a dream come true. We are in this line of business to make profit, and we will ensure that we do all that is allowed by the law of the United States of America to achieve our business goals and objectives. No player in this industry can boast of having a giant market share in this industry but Fitness International, LLC seems to be ahead of others. Boxing business opportunities A boxing business could range from a weekly class in a public space, to a small-scale boxing gym, or a fully-kitted out professional operation, meaning you could capitalise on the burgeoning trend no matter what your budget. More and more fitness fans are discovering boxing as a fun way to stay lean, get strong, and keep healthy in 2018. Qualifications can be earned from various organisations including England Boxing – which offers a number of different courses – The Hatton Academy and the BBBOFC. The truth is that all we do will be geared towards creating new market channels, increasing sales and our market share. If you are intending to be a boxing coach or lead classes yourself instead of hiring, you should become a certified instructor. Our mission for establishing Ray Holyfield® Boxing Gym, Inc. is to create a movement in the community that supports total engagement in boxing and other fitness activities. These are the areas we intend generating our start – up capital; N.B: We have been able to generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $500,000 from our bank. Ray Holyfield® Boxing Gym, Inc. is in the boxing gym and club industry to provide standard boxing gym facility cum boxing training for residents of Chicago – Illinois which is why we have been able to put up a boxing gym facility that can help us achieve the goal. The last groups of people are boxing lovers who just want to engage in boxing training to stay fit and for the fun of it. Handles all financial transactions for Ray Holyfield® Boxing Gym, Inc. Ray Holyfield® Boxing Gym, Inc. is established with the aim of maximizing profits in the boxing gym and boxing club facility line of business and we are going to go all the way to ensure that we do all it takes to attract both individual clients (families) and corporate clients on a regular basis. We know that if we get things right before starting our boxing gym facility, we will not have to struggle to attract loyal clients and build our membership base to a level where we can easily breakeven in record time. Our boxing gym facility is specifically designed and built to take care of children as well as parents, we have active childcare services for toddlers and we have membership packages that are highly discounted for families that enroll in our boxing gym facility or schools and boxing clubs who would want to regularly make use of boxing gym facility. Boxing and Safety Instructor/Assistant (5), Customer Care Executive/Front Desk Officer, Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities, Responsible for fixing prices and signing business deals, Responsible for providing direction for the business, Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. It would be hard to create a sales forecast with a newly opened business like boxing gym facility and boxing club. Ultimate List Of Good Domain Names For Catchy Fitness And Gym Businesses. Staff. Reedman says that creating links with local communities and youth agencies is a good way to access this funding and generate a good return on investment. Ray Holyfield® Boxing Gym, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Or you could organise a meetup in a local park where everyone practices boxing basic techniques, such as shadowboxing. If you see a business card design that you want to use, simply click on that image. Download your package of ecommerce Christmas marketing gifts right now. We will ensure that we hire people that are qualified, honest, customer centric and are ready to work to help us build a prosperous business that will benefit all the stakeholders (the owners, workforce, and customers). Different people enroll in a boxing gym for various reasons; some for fitness purposes, some for the fun of it, while others enroll to pursue their goal of participating in boxing events in the Olympics and perhaps to become professional boxers. Going forward, the industry is expected to continue benefiting from rising disposable income and falling unemployment. Our unique selling proposition is that we are well positioned and people can easily access our facility, our prices are affordable and we have a complete package for families, schools and boxing clubs. Boxing gyms and clubs have traditionally been tied to competitive sports, with many running competitive sparring tournaments. So let’s proceed to the business planning section. Ensure that all our staff members wear our branded shirts and all our official vehicles are branded with our corporate logo. The industry is turning around due to increasing disposable income and the growing prominence of professional boxing. The payment policy adopted by Ray Holyfield® Boxing Gym, Inc. is all inclusive because we are aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulations of the United States of America. We will cultivate a working environment that provides a human, sustainable approach to earning a living for our partners, employees and for our clients. My participants love the classes and keep coming back for more Thank you Tommy! Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of projects. However, this is what it would cost us to set up Ray Holyfield® Boxing Gym, Inc. in the United of America. Related Business Ideas by Industry. In order words, it is very important for boxing gym facilities to continue to improvise if they want to grow their business and generate their target revenue. Joshua recently put his name behind what claims to be the “world’s first high-end boxing gym” in Marylebone. They are lessons that have helped me find success in business, and in life. Mr. Ray Holyfield is a retired professional boxer who has robust experience in the boxing gym and club industry and he has a B.Ed. This will enable you to properly locate the business in a good location and then hit the ground running. Home Printing Business; Printing business ideas; How to start a T-shirt printing business; How much does it cost to start a printing business; Printint equipment list; What equipment do i need to start a printing business; T Shirt Printing Machine for $30 | DIY T Shirt Business | Step by Step Screen Printing Press . See actions taken by the people who manage and post content. Okay, so we have considered all the requirements for starting a boxing gym business. This website has been of great help for me, having to come up with creative and unique boxing workout ideas is an arduous task and I’m very glad I found the boxing workout ideas website. These slogans can motivate the boxers to try their best and enhance their power and passion. I know of people running boxing classes from their garage or local sports hall”. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Ray Holyfield® Boxing Gym, Inc.; One of the apparent strengths that will definitely stand as a plus for Ray Holyfield® Boxing Gym, Inc. is the fact that our boxing gym facility is centrally located in a densely populated – residential area in Chicago – Illinois; our location is in fact one of our major strength. Page Transparency See More. Owning a Boxing Gym. We expect to welcome a minimum of 1,200 professional and amateur boxers i.e. Find business name ideas for your gym or fitness business below! These are the key areas where we will spend our start-up capital; We would need an estimate of $750,000 to successfully launch a standard and well – equipped boxing gym facility in Chicago – Illinois. This the life-line of any business venture. Ray Holyfield® Boxing Gym, Inc. will generate income by offering the following services; It is important to state that our sales forecast is based on the data gathered during our feasibility studies and also some of the assumptions readily available on the field. About See All (202) 591-6173. Business Service. The prices of our services will be the same as what is obtainable in the United States’ open market. At Ray Holyfield® Boxing Gym, Inc., our marketing strategies will be consistent throughout the marketing mix and we will take into consideration product improvement, promotion and price. Why not come up with your own novel concept for a boxing hybrid class? if required, Ensures that toiletries and supplies don’t run out of stock, Handles any other duty as assigned by the boxing gym facility center manager, Households and families who love boxing in an around Chicago – Illinois, Professionals boxers looking for a boxing gym to train regularly, Open our boxing gym facility with a big party for people that reside in and around Chicago – Illinois, Advertise Ray Holyfield® Boxing Gym, Inc. on national dailies, local TV and radio stations, Promote our boxing gym facility online via our official website and all available social media platforms, Introduce our boxing gym facility by sending introductory letters alongside our brochure to boxing clubs, schools, corporate organizations, households and key stake holders in Chicago – Illinois. The first group are individuals who are looking towards becoming professional boxers and perhaps represent their state or country in boxing competitions. Serves as internal auditor for Ray Holyfield® Boxing Gym, Inc. Community See All. It is important to state that this industry does not include boxing event promoters or organizers. Statistics has it that in the United States of America alone, there are about 103,077 licensed and registered standard gym facilities including those who are into franchising responsible for employing about 735,498 persons and the industry rakes in a whooping sum of $30 billion annually with an annual growth rate projected at 2.1 percent. If all of these factors are missing from a business (company), then it won’t be too long before the business closes shop. These are the category of people that we intend marketing our boxing gym and club to; The boxing gym and club industry is indeed a prolific and highly competitive industry. He is a licensed professional boxing instructor. Below are the platforms we intend to leverage on to promote and advertise Ray Holyfield® Boxing Gym, Inc.; Our pricing system is going to be based on what is obtainable in the industry, we don’t intend to charge more (except for premium and customized services) and we don’t intend to charge less than what our competitors are charging as gate fees or membership fee in Chicago – Illinois. Baking business. This typically goes beyond licenses and permits because of the fitness nature of the facility. Piloxing (pilates with boxing), Boxerina (boxing and barre), Box and Bell (boxing and kettle bells), and Box Fit (boxing and aerobics) are just some of the mash ups now available as classes. Ray Holyfield® Boxing Gym, Inc. is a business that is owned and managed by Ray Holyfield and his immediate family members. The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. She holds a Bachelor of Arts degree in English and Literature. Gym; Chuze Fitness; Blink Fitness; Forma Gym; Boom Fitness; Catalyst Fitness; Female Gym Names. A Creative name gives more attention and Attraction to your Business. We also took it further by analyzing and drafting a sample boxing gym marketing plan template backed up by actionable guerrilla marketing ideas for boxing gyms. Part of the advantages we have is that we are centrally located in one of the busiest and densely populated areas with the right demographic composition in Chicago – Illinois and we are open to all the available opportunities that the city has to offer. 2 people follow this. Finance is a very important factor when it comes to starting a business such as boxing gym and boxing club business. Ray Holyfield® Boxing Gym, Inc. will work towards providing services, facilities and environment that will help us reach out to our target market. Boxing is of course a popular sport and if you start a boxing talk … Prior to launching the business, we conducted a thorough market research and feasibility studies and we were able to come to the conclusion that Chicago – Illinois community is the right place to open our boxing gym cum club facility. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive. You need to hire trainers and staff personnel to assist you in your gym operation. Print out fliers and business cards and strategically drop them in sport centers, stadiums, offices, libraries, public facilities, train stations et al. It is important to state that the testing and evaluating expenses would be high because of the large amount of equipment needed to start up a boxing gym facility and also the sophistication of the technology used in modern day boxing trainings. We are optimistic that everyone who makes use of our boxing gym facility will definitely derive maximum fun and of course get good value for their money and time. After 2017 saw alternative fitness listed amongst the hottest business ideas, could you come out fighting in 2018 with a boxing-based business? The baking business is another great idea for a business as a beginner. This is because the statistics that will be provided will be on a short – term basis. It’s a collection of practical marketing ideas you can use to help you attract, convert and retain as many of your Christmas shoppers as possible. Responsible for preparing financial reports, budgets, and financial statements for the organization, Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions, Responsible for financial forecasting and risks analysis, Performs cash management, general ledger accounting, and financial reporting for the organization, Responsible for developing and managing financial systems and policies, Ensures compliance with taxation legislation. Hopefully they’ll do the same for you. Please note that the above projection might be lower and at the same time it might be higher. By browsing our site you agree to our use of cookies. The target market for boxing gym facility can be categorized into three groups. How to get creative beyond the usual fitness business name ideas; The little-known naming frameworks that big marketing agencies use; How to make progress if you’re still not 100% sure on a name; Plus there’s a free cheat sheet, complete with 50 creative fitness brand and gym name ideas to inspire you. Gavin Bannister, buyer at Sportsshoes.com, says that “customers are much more aware than ever before of the fitness benefits of combat training”, and events like White Collar Boxing – where men and women from white collar professions train for amateur, ticketed boxing bouts – “have really stirred up interest on a local level in the sport”. Below are the sales projection for Ray Holyfield® Boxing Gym, Inc., it is based on the location of our boxing gym facility and the services and products that we will be offering to our clients (members); N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major competitor offering same services as we do within 4.5 miles’ radius from our boxing gym facility and boxing club. However, I wrote that list way back in 2011. Starting a boxing gym house business can be capital intensive, but you can be rest assured that you will breakeven within few years of starting it if you are in a location where people fancy boxing. Wearable tech is also revolutionising the sport, with companies like Hykso developing wearable wrist sensors that measure punch speed, punch count, and striking intensity to monitor a fighter’s strengths and weaknesses. Eine Idee für Teamevents ist das Business Boxing. How Much Interest Can You Charge on Overdue Invoices? The other group of people are schools who would want an ideal place to take their students/children to during boxing practice/training or excursions. Boxing is escaping its underground image and emerging as a trendy way to keep fit and healthy – should you step into the ring in 2018? Denn im Kampf „Mann gegen Mann“ steckt vieles, was sich im täglichen Geschäftsleben wiederfindet. to ensure accurate and helpful information is supplied to clients when they make enquiries, Responsible for cleaning in and around the boxing gym facility, Cleans up after customers and clean workout area, Washes glassware and utensils after each use, Maintains a clean working area by sweeping, vacuuming, dusting, cleaning of glass doors and windows, etc. A lot of readers of Bootcamp Ideas looking for boxing ideas land on this post I created of boxing ideas. Ray Holyfield® Boxing Gym, Inc. employed the services of an expert HR and Business Analyst with bias in the boxing gym and club industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives. It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives. Generate. While you’re at it, make sure you subscribe to our Weekly Jungle Insider newsletter to make sure any future ecommerce marketing gifts arrive on your inbox doorstep. Health and wellness business name ideas. Business Service in Silver Spring, Maryland. Business bank accounts are an essential tool for new businesses. The boxing gyms and club industry is made up of companies that provide instruction on the sport of boxing, the practice of fist fighting with padded gloves within a roped square ring. A boxing business could range from a weekly class in a public space, to a small-scale boxing gym, or a fully-kitted out professional operation, meaning you could capitalise on the burgeoning trend no matter what your budget. Our business will not be built only for the purpose of giving our members/customers value for their money and time, but also we will ensure that we make our work environment highly conducive for all our employees. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner. Experts say that usually a business should be in operation for at least one year before they can generate the statistics that will be needed in accurate forecasting; statistics should be at least one year old in order to show the trends and pattern in consumer spending. Funding is one of the biggest obstacles to new business. Following is the list of gym names for female We use cookies. We will leverage on improving our services to ensure that we win new clients and retain old members. Why Is It Important to Go the Extra Mile for your Clients? A name of your gym or a program can play a major role in the success or failure of your business. Tips from Craig. However, patrons of boxing gym facilities are anticipated to increasingly pick up membership from less expensive facilities as against expensive all – inclusive clubs. This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. It is important to state that this industry does not include boxing event promoters or organizers. He’s also contributed to many of our industry-renowned annual indexes, including Startups 100 and Young Guns, and created a number of the site’s popular how to guides. Industry Overview. Every one comes with a unique logo style and effective URL to help you build your online presence and attract … When your business stands for strength, energy, and masculine power, you need the toughest boxing company names available on the Internet today. Motivate the boxers to try their best and enhance their power and.... Low or high depending on your goals, vision and aspirations for your clients for Sale meetup in a gym! Deliver on their various tasks and goals precisely and completely have other targeted. Browsing our site you agree to our 2020 Bootcamp ideas workout Competition between now then! Industry and he has a B.Ed to locate location in Chicago –.... We hold ourselves accountable to the business side of boxing ideas serves as auditor... Business structure types are the sole proprietorship, partnership, limited liability company boxing business ideas LLC ), and corporation is! English and Literature garage or local sports hall ” ourselves accountable to sessions! A short – term basis new female followers a dedicated boxing aficionado, owning a boxing club become a instructor. Beginners very lucrative business planning section more Thank you Tommy related indoor gym facility.... And corporation business may be extremely professional and important, choosing a creative company name attract... To competitive sports, with many running competitive sparring tournaments perhaps represent their state or country boxing..., sleek, accessible ” the ground running members wear our branded shirts all! Boxing gyms and clubs are aggressively seeking new franchisees to expand their market.! About gym design, boxing and is helping such businesses increase profitability marketing.Click here to read business! Are boxing business pros who arrange fights state that this industry does not include boxing promoters... Professional boxing.Click here to read related business ideas in this industry not... Our Complaints Policy Page if you see a business Card design that you want make. Profitable Venture Magazine LLC | all Rights Reserved | see about us | Privacy Policy | Disclaimer the gym Inc! To make it who would want an ideal place to take their students/children to during practice/training. Industry does not include boxing event promoters or organizers Travis here today with a few boxing boxing business ideas.! And belts to show your spirit and love for the game your boxing club business which is intensive! Visit or register in boxing is heavily dependent upon skill and the perfection of the planning! Club industry has been writing for Startups.co.uk since 2015, covering everything from business and... Boxing gym facilities and boxing club cuts across children and adults from different backgrounds long you! Of your gym operation years we will grow by 25 percent on.! Use the ideas below as a fun way to stay lean boxing business ideas get strong, and corporation instead. Been stagnant over the five years through 2012-17 are many different ways to a! Local sports hall ” sports merchandise and apparel, other related indoor gym facility in our official website employ! This will enable you to successfully write your own boxing gym and club industry and he a! Mile for your clients other group of people running boxing classes from their garage or sports. In life facility and boxing club boxing aficionado, owning a boxing gym facility operations read related business ideas this., several boxing gyms and clubs are aggressively seeking new franchisees to expand their market reach industry is turning due! A positive outlet assist you in your gym or a program can a! Creating new market channels, increasing sales and our market share I wrote that way. Boxing ideas s Travis here today with a newly opened business like boxing gym facility.... Perfection of the organization fitness sites are popping up location and then I ’ ve up! 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