As the following tables indicate, this will provide a substantial working capital reserve. This reserve can be used either to finance unexpected short falls in sales or to exploit new market opportunities as the plan unfolds. In addition to general assumption in the table below, the company has made additional assumption about the state of the ecomony, the tourism industry, and the Internet. The company assumes the economy remains strong, and in particular that the tourism industry continues to experience moderate growth. The company assumes that the Internet will continue to expand into mainstream of everyday life and particularly that the Internet is increasingly important to the tourism industry.
Popular Business Opportunities in the Tourism Industry
Travel & Tourism Agency Business Plan Sample Template
It would be organized by a highly knowledgeable and expert. This carefully thought out plan includes a realistic operating budget, a capital improvement budget and a sales and marketing plan. All such budgets and plans are consistent with current franchise and local market requirements; they must be approved by ownership before implementation. Get market research, industry analysis, corporate profiles, and decision makers in one resource! And, you can export mailing lists of companies and executives. Tourism has become a very important and dynamic sector both in the world economy and particular in the developing countries. Its growth affects not only the activities directly linked to tourism but also other sectors.
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The tourism industry has undergone rapid growth of unsurpassed nature over the last several decades. We are on the brink of penetrating a lucrative market in a rapidly growing industry. The current trend towards an increase in the number of tourists entering the country presents an opportunity for Sephats Tours to penetrate the market. Sephats Tours is poised to take advantage of this growth and moderate competition in the city travel portion of the industry, with a dedicated and experienced staff, excellent networking, and effective management and marketing.
The company will offer two basic services: creating a basic website, and creating an in-depth website. The company intends to partner with firms that are proficient in website implementation, rather than building such an operation internally. In order to provide a high level of service, the company will have operations in both Stamford, Connecticut and in Mexico.