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How Do I Write A Business Plan For A Guest House?

I want to state business in hospitality industry eg guest house I have aland were i want to build these guest house i need to comeup with a business plan that will alow me to get funding I have nolage of hospitality industry ( I am a chif by proffesion

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    Most business plans have the common features as follows:

    1-STATEMENT OF PURPOSE
    2-SUMMARY
    3-DESCRIPTION OF BUSINESS
    4-INDUSTRY ANALYSIS
    5-MARKETING STRATEGY
    6-PROMOTION AND ADVERTISING
    7-COMPETITIVE ANALYSIS
    8-PERSONNEL
    9-RENOVATION AND EXPANSION PLANS
    10-FINANCIAL DATA
    11-SUPPORTING DOCUMENTS

    Example for STATEMENT OF PURPOSE for GUEST HOUSE
    This plan will be used as an Operating and Policy Guide for guest house and to obtain necessary financing.The business will be structured as a sole proprietorship. The principal, "your name", seeks loans totaling "amount needed" to:

    Refinance property .
    Perform necessary renovations and improvements.
    Purchase furnishings and inventory .
    Maintain adequate cash reserves for successful start up.

    For SUMMARY you can summarize all importan features of your guest house and its working like:

    Its location
    Number of rooms,garages etc.
    Info about its neighbourhood etc.

    the rest you will get the idea.
    0 0

    Amaq443  

    answered 2 years ago

      Example of guest house business plan
      0 0
      Guest

      Guest  

      answered 7 months ago

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