Business Planning
"Forward thinking Companies who get to the top of the pile planned for their success"
A Business Plan is one of the most important processes in any business.
Inn-telligence offers a comprehensive planning service to the Hotel Industry.
Most banks require a professional Business Plan before agreeing to provide loans for acquisition or development.
Typically it takes 3 – 4 weeks to undertake the necessary background research, record our findings and provide financial projections and the cost will range from £3,000 - £7,000 + VAT depending on scope, size and location.
Inn-telligence recommends the following structure in order to ensure that potential threats and opportunities are uncovered, and that suitable strategies are developed to maximise potential.
- Executive Summary
- 1.1 Owner or investor information
- 1.2 Purpose
- 1.3 Vision
- 1.5 Funding
- Research
- 2.1 The Hotel Market
- 2.2 Geographical Analysis
- 2.3 Current Economic Trends
- 2.4 Current Financial Performance
- 2.5 Current Business profile
- 2.6 Current property condition
- 2.7 Current legislative compliances
- 2.8 Current Organisational Structure
- 2.9 Competition
- 2.10 Calendar of Events
- Planning Base
- 3.1 Risk Assessment
- 3.2 Planning overview
- Positioning Strategies
- 4.1 Image
- 4.2 Branding
- 4.3 Operational
- 4.4 Product – Physical
- 4.5 Product – Services
- 4.6 Pricing
- Sales and Marketing Strategies
- 5.1 PR
- 5.2 Sales
- 5.3 Marketing
- Human Resource Strategies
- 6.1 Training
- 6.2 Organisational Structure
- Financial projections
- Conclusions
- Appendices