Business plan
15000-word business plan and I have already my idea.
my request and idea can be found in the document
3 years ago
400
REQUEST.docx
IDEA.docx
REQUEST.docx
REQUEST:
Business Plan Considerations:
1. Introduction to Business Plan Business concept statement that summarizes the strategic positioning of the firm, target customers, and main activities with justification of its feasibility on the basis of secondary literature sources
2. Business Environment Analysis, examining the business location through industry and market analysis in a selected geographical area
3. Proposed Business Strategy, covering Mission Statement, Objectives, and in-depth description of Strategic Positioning
4. Proposed Business Activity, covering the description of the Management team, Marketing Plan, and Operations Plan
5. Financial Projections, containing the commented relevant investment plan and financial analysis with concluding statements about the business concept
The business plan forms a substantial amount of work and should be between 15,000 words + or – 10%.
Executive summary (it should include concluding statements from the business plan project regarding the business concept features, key selling points, and key performance indicators)
1. Chapter I – Introduction to Business Plan Project (1000/1500 words)
a. Business concept statement (that describes the strategic positioning of the firm, target customers, and main activities),
b. Justification of business concept feasibility in terms of the value proposition for targeted customer group, industry attractiveness, market size, organization, and resource access feasibility (based on secondary literature sources).
2. Chapter II – Business Environment and Literature Review (5000 words). It should cover The analysis of applied literature sources (and selected theoretical and/or methodological sources, if any), related to the business location in a selected geographical area, including:
a. Industry analysis
b. Market analysis
3. Chapter III – Proposed Business Strategy (1500/2000 words): This chapter should include a mission statement, objectives, and strategic positioning (the strategic positioning base of the business project for reaching the target customers, main business activities, trade-offs, and
consistency among main business activities).
4. Chapter IV - Business Tactics (3000 words): This chapter should include business activity
such as:
a. Organizational chart and management team
b. Operations plan
c. Sales and Marketing Plan
5. Chapter V – Financial Investments and Conclusions (3’500/4’000 words): This chapter must cover the commented relevant investment plan with concluding statements about the business concept. The student can make use of the below statements to illustrate the
financial investments
a. the table of uses and sources of funds,
b. detailed monthly profit and loss statement for year 1;
c. annual profit and loss statement for years 1 to 10;
d. vertical and horizontal analysis of Profit and Loss Statement,
e. relevant ratio analysis;
f. advanced financial projections, including complete three financial statements, further analysis and valuation performed by the IBP study may be performed for reaching very good and excellent levels of work if properly done
6. Appendices (supporting relevant sections in Chapters, in which they are cited)
a. Copy of an Ethical Form validated by the Research Ethics Committee
b. Supplementary materials that would overload the main text body
c. Extensive analytical schemes or large-volume tables supporting the situational
analysis, recommendations, or action plans
Students are encouraged to submit drafts of the writing for discussion with the supervisors, as
long as adequate notice is given.
IDEA.docx
Concept introduction
This conceptual innovation product in the hotel industry is similar to a combination of traditional movie viewing functions and traditional hotel functions. It can be called an event hotel. This hotel will first have the functions of accommodation, catering and banquets of a traditional hotel. On this basis, the lower floors of the event hotel will be added with movie halls that can accommodate different people. Each movie hall is equipped with a giant screen, booths, Coffee tables, dining tables, coffee break and snack stations, etc. Event hotels cater to the crowd gathering function of major events, including various sports competitions, e-sports competitions, online performances and other attractive public events. Whenever a big event is about to happen, event hotels can be arranged in advance in advance Conduct pre-surveys and open reservations online and offline to determine the approximate number of people gathering for this event, select an appropriate viewing hall based on the number of people, and make pre-judgements for room reservations. Take this year's World Cup as an example. When the schedule of the World Cup is determined, the event hotel can initiate pre-surveys and reservations online and offline. Taking a certain game as an example, we can arrange fans of different teams in Different viewing halls, that is to say, one viewing hall can accommodate fans of the same home team. Next, the viewing hall will be decorated as the home team of the team, so that fans even at a long distance can still experience the experience. The warm atmosphere of attending a home game. As an emerging hotel concept, event hotels not only provide a common venue for watching games, but also provide a social platform for the public and a place of belonging for people with common interests.
Targeted market
The main target market of event hotels is all young football fans and fan groups in developed cities in China. There are several reasons for choosing them as the target market of event hotels. First of all, since China is still affected by the COVID-19 entry and exit restrictions, and many major international events are not held in China, Chinese fans and fan groups mainly watch major events online. In other words, China The number of online game viewing groups is huge. Secondly, event hotels focus on developed cities, not only because developed cities have more fans and fans, and the number of potential customers is larger, but also because developed cities have better cultural and international levels. This group is very important for major international events. , e-sports, concerts, etc. have higher acceptance and demand. Last but not least, among all age groups, our event hotels focus more on the younger group. This is because first of all, the young group prefers group activities and social activities, which coincides with the original intention of our event hotel design. Together, our event hotel not only provides young people with a venue to watch the game, but also provides them with a social platform for people with the same interests and hobbies. Young people gather together because they like the same star and support the same team. . At this point, the need to watch games has become part but not all of a young person's needs. What attracts them more will be social needs and group activity needs. Secondly, compared to other age groups, younger groups tend to have more energy, and they are more willing to stay up late to watch their favorite games and pay for them. Finally, young people tend to be better at using social media and like to share. That is to say, when a person in a small group with a common hobby learns that there is a product like an event hotel, he will choose to inform his friends and bring them here Watching the game together, this kind of communication speed and publicity effect is not only low-cost, but also very efficient. To sum up, the target market of our event hotel is positioned at all young football fans and fan groups in developed cities in China.
Source of income
The operating income of the event hotel has the following parts, namely hotel room and catering income, tickets for watching major events, sponsorship and investment promotion, and sales. The first is the hotel's traditional room and catering income. It is worth mentioning here that our event hotel provides catering and tea break services during the game watching process, which is also a considerable income for the hotel's catering department. The revenue from game viewing tickets can be divided into separate sales of tickets and bundled sales of tickets and hotel rooms. In addition to the preferential policy of membership system, try to ensure that the rooms and tickets are sold together to avoid the situation where the sales volume of tickets is much greater than that of rooms. Condition. Part of the sponsorship and investment promotion comes from the cooperation between enterprises. For example, during the World Cup, we can cooperate with several major sports brands to name them, and give them the right to sell jerseys and souvenirs in the hotel to collect sponsorship fees. In addition, our event hotel itself can also carry out sales activities of viewing products, cultural and creative products and surrounding areas, which will also generate a lot of sales revenue.
Marketing model
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