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爱尔兰酒店管理作业:BUSINESS PLAN&FORECAST FINANCIAL STATEMENTS(7)

时间:2019-09-06 10:30来源:未知 作者:anne 点击:
Our companys early growth is slow because it takes time to build up customers and credibility. Through the use of digital marketing, we believe that the company will soon be able to attract a large nu

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Our company's early growth is slow because it takes time to build up customers and credibility. Through the use of digital marketing, we believe that the company will soon be able to attract a large number of customers because of its unique service design and a new concept of tourism. The profit has increased $114,414 during the first three years. This will allow us to consider expanding our business to attract more investors. However, it might be a danger when you have a good and stable increased in profit, and you want more investment.
 
From a regulatory perspective, the scope of the service in the locality is viable as long as the employees strive for perfection with each passing day. It is the first company in the area to invest in tourism, and therefore all aspects of the next competition have been reduced to a bare minimum. Many performance indicators are likely to determine whether the company is headed in the right direction. As seen in the statement of financial position and the profit and loss accounts, it is evident that it is headed for success. One of the basic mantras that has guided the company is a reduction of costs while increasing the revenue from the viable avenues. Additionally, there are business interests which the company is in the process of actualization.
 
The number of tourists is expected to double in the coming months due to favorable government policies. One of the risks that are anticipated is that a competitor may enter the business. However, the business has invested in real advertising that has ensured it sinks into the whole fabric of the society such that it becomes the undisputed leader of tourism. In conclusion, freestyle is generating high profits from the number of tourists and locals who access our services. From year four onwards, freestyle company needs to open new offices in other towns and also increase these number of vehicles and drivers.
 
In conclusion, freestyle is generating high profits from the number of tourists and locals who access our services. From year four onwards, freestyle company needs to open new offices in other towns and also increase this number of vehicles and drivers, we will consider designing products that will attract more customers, and we are going to do some activities to give back to the returned customers to increase their loyalty. We believe that the personal funds of the owner for $140,000 each will inspire the morale of the enterprise. If our business can get have a better performance after three years, we might consider applying for a loan from the bank and invite investment. Eventually,  as an overall reflection, we believe that this is a new type of tourism company with value in the future.
 
Works Cited
Business Planning. 2017.
Phadermrod, Boonyarat, Richard M. Crowder, and Gary B. Wills. "Importance-performance analysis based SWOT analysis." International Journal of Information Management(2016).
Cady, Donald F. 2011 Field Guide to Estate Planning, Business Planning & Employee Benefits. 2010.
Gevurtz, Franklin, and Franklin Gevurtz. Business Planning. 2015.
Grewal, Dhruv, and Michael Levy. Marketing. 2018.
Li, Wing Sun. "Competitor Analysis and Accounting Model: Accounting Model." Strategic Management Accounting.Springer, Singapore, 2018.125-141.
Nagle, Thomas T., John Hogan, and Joseph Zale. The Strategy and Tactics of Pricing: New International Edition. Routledge, 2016.
Tomczyk, Przemysław, TymoteuszDoligalski, and PiotrZaborek. "Does customer analysis affect firm performance? Quantitative evidence from the Polish insurance market." Journal of Business Research 69.9 (2016): 3652-3658.


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