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How to Start a Resort Business | Free Book PDF Download

Starting a Resort Business

 

How to Start a Resort Business - Free Book


Are you considering starting a Resort Business? if yes, you'll find this free book to be extremely helpful.

This is a practical guide that will walk you step by step through all the essentials of starting your business. The book is packed with guides, worksheets and checklists. These strategies are absolutely crucial to your business' success yet are simple and easy to apply.

The Single Most Important Ingredient for Business Success

The first and most important thing you need to acquire in order to succeed in a small business is... knowledge.

Sounds exaggerated? Listen to this...

According to research conducted by Dun & Bradstreet, 90% of all small business failures can be traced to poor management resulting from lack of knowledge.

This is backed up by my own personal observations. In my 31 years as a business coach and consultant to small businesses, I've seen practically dozens of small business owners go under and lose their businesses -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work.

Conclusion: if you are really serious about succeeding in a business... If you want to avoid the common traps and mistakes... it is absolutely imperative that you acquire the right knowledge.

"Why Invent Mediocrity, When You Can Copy Genius?"

That's an excellent quote I picked up from a fellow business owner a few years back. What this means is that you should see what is working and try to duplicate Printing Business. Why go through all the trouble of inventing something new, that you don't even know will ever work, when you can easily learn from and duplicate something that has been a proven success?

[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... only to find out later that it was a total loss. Don't make the same mistake! ]

Hi! My name is Meir. I'm the founder and president of BizMove.com, a successful internet based information business. I'm also the author of numerous books, mostly in the area of small business management.

I've been involved in small business for the past 31 years of my life, as a business coach, manager of a consulting firm, a seminar leader and as the owner of five successful businesses.

During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of.
You see, I have been there .... done it ... and bought the Small Business t-shirt! -- This free book contains techniques and strategies I've learned during my 31 year small business career.

Here's what you'll discover in the 'How to Start a Printing Business' book:

How to determine the feasibility of your business idea - a complete fill in the blanks template system that will help you predict problems before they happen and keep you from losing your shirt on dog business ideas.

A detailed manual that will walk you step by step through all the essential phases of starting your business

A complete business plan template. This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for $69.95).

All this and much much more.

Success Tip: Setting Goals

Good management is the key to success and good management starts with setting goals. Set goals for yourself for the accomplishment of the many tasks necessary in starting and managing your business successfully. Be specific. Write down the goals in measurable terms of performance. Break major goals down into sub-goals, showing what you expect to achieve in the next two to three months, the next six months, the next year, and the next five years. Beside each goal and sub-goal place a specific date showing when it is to be achieved.

Plan the action you must take to attain the goals. While the effort required to reach each sub-goal should be great enough to challenge you, it should not be so great or unreasonable as to discourage you. Do not plan to reach too many goals all at one time.

Establish priorities. Plan in advance how to measure results so you can know exactly how well you are doing. This is what is meant by "measurable" goals. If you can’t keep score as you go along you are likely to lose motivation. Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them.

Click here! to download your book for free (PDF version)

Here're other free books in the "how to start a business" series that may interest you:

Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming Website

Here's a Sample 'Executive Summary' for a Resort Business plan:

The long-term goal of COMPANY NAME is to offer temporary lodging, hunting, and vacationers get-away from all of the hustle and bustle of everyday life. COMPANY NAME specializes in personalized service, the historical nature of Trenton, Mo, and its unique location is one of the most attractive parts of Trenton. We plan to be more than a great lodging, hunting, and vacationer’s paradise. We plan to create an environment of leisure that surpasses the standard fare for Trenton and Jamesport. Expanding our exposure via the Internet and introducing Trenton and Jamesport to people that have not yet discovered this year-round paradise will allow us to maintain a higher than average occupancy rate and above average profits.
Location
COMPANY NAME is located in Trenton, MO. COMPANY NAME is just and hour away from Kansas City, Mo a vacationer has limitless vacationing option to please their palette.
The Company
COMPANY NAME is an established Motel Cabin, hunting resort, and has been in operation for the last six years. After taking possession and a brief period of getting established, we added a Ranch house to ensure a steady flow of patrons (hunters, tourists and locals) through its doors. The last owner purchased the property four years ago, and he wasn’t operating the business at full capacity. The grounds were poorly maintained and were in need of renovating. 
This summer we plan on adding two new cabins, renovate current cabins, and add a play area for families with children.
COMPANY NAME is a non-profit corporation under the INSERT NAME.
Our Services
COMPANY NAME was originally built in 2006. Each of our rooms is equipped with two double beds or a queen bed, and rooms with a second bedroom or kitchenette are available. The Ranch house also has on-site front desk service. A few of the buildings are currently being renovated with plans to complete and build two more cabins. 
As the Ranch house gains recognition during the peak season, we plan to expand our services to the residents of Trenton and surrounding cities in time for the off-season. The large dance floor area is ideal for formal or informal gatherings (e.g. wedding receptions, club meetings, Christmas parties, family reunions, etc.).

The Market
COMPANY NAME target market strategy is based on becoming a destination of choice for people searching for a rustic place to relax or recharge. The target markets that we are going to pursue are people or families looking for a vacation destination, honeymooners, family reunions, hunters, and drop-in customers. Our country style setting and facilities are a natural choice for hunters or families to visit, what with the having so many outdoor things to do.
Our three major customer segments are tourists, locals, and hunters from all over the United States. Since the Trenton area is known for great hunting of elk and deer, and local patrons who need the facilities for various events. Subscriptions to various Web services will provide local and international exposure to potential customers for a nominal annual fees, plus we have a website www.COMPANY NAME.com The Ranch house would like to see a 30% increase in customers on a yearly basis for formal or informal gatherings (e.g. wedding receptions, club meetings, Christmas parties, family reunions, etc.).
Financial Considerations
COMPANY NAME will be acquired via a business grant with the new owner supplying and initial investment of 10% down. We are assuming an initial capital start-up, as shown in the Start-up table, for operating expenses which we have already contributed. 
We estimate average monthly fixed costs, including operating expenses, as presented in the Financial Plan chapter below. Our peak and off-season traffic is fairly consistent and will not have a major impact on the monthly earnings as long as we maintain a 60% occupancy rate. As COMPANY NAME builds its market position among the local patrons, we anticipate that off-season revenues will be enough to break even during that season.

1.1 Objectives

Objective of COMPANY NAME for the first three years of operation include:

  • Open the COMPANY NAME "turnkey operation" with existing bookings from the previous owners, and new bookings under an increased rental rate after possession.
  • Exceeding the customer's expectations for hunting and vacationing accommodations.
  • Maintaining a 90% occupancy rate each month.
  • Assembling an experience and effective staff.
  • To increase the number of clients by 10% each year.
  • Increase exposure and market using Internet technology and direct advertising.
  • Through incentives and increased exposure on the Internet, we endeavor to increase off-season occupancy by 30% the first year.
  • Increase off-season use by expanding into other uses for property (cater parties, receptions, weddings, etc.).

1.2 Keys to Success

The primary keys to success for COMPANY NAME will be based on the following factors:

  • Provide a facility that is first class with attention to detail.
  • Give each guest a sense that he or she is our top priority.
  • Retain our guests to ensure repeat bookings and referrals.
  • Renovate to main a high standard in amities for our guest.

1.3 Mission

The mission of COMPANY NAME is to become the best choice in Grundy County for temporary lodging by expanding our exposure via the Internet (with multiple networks and links), and introducing the area to market segments that have not yet discovered this year-round hunter's dream. We plan to be more than a great Cabin and Lodge. We plan to create an environment of conveniences that surpasses the standard fare for Trenton.
The guests will have every need met to ensure his/her comfort. For special occasions, catered meals, chilled wine, etc. can be provided for an additional fee.
As COMPANY NAME gains recognition through the peak season, we plan to expand our services to the residents of Trenton, Mo and neighboring cities in time for the off-season. The main area can convert into a large area, ideal for formal or informal gatherings (i.e. wedding receptions, family reunions, Christmas parties, etc.). The outdoors, with its access to the mountains, and added play area for children visiting with their parents will open several additional opportunities. The Ranch house will be used for catered reception inside; COMPANY NAME will make events smooth and easy for the guests. The owner intend to see that attention to detail, customer service, and good food will be followed by a staff dedicated to each guest.

COMPANY NAME
OWNER’S NAME
INSERT ADDRESS
Phone:
Email:
COMPANY NAME is located in Trenton, MO it holds 6 lovely log cabins, nestled in the woods just miles from Jamesport!

2.1 Legal Entity

COMPANY NAME is a non-profit corporation; under the INSERT NAME , lists of the officers are as follows.
President - INSERT NAME
Secretary - INSERT NAME
Treasurer - INSERT NAME   
Director - INSERT NAME

2.2 Start-up Summary

INSERT NAME (owner) has already made several small investments in the business. COMPANY NAME has acquired a lease option via a small personal loan with an option of owning the property once the grant funding is secured as part of her investment. 

Table: Start-up Funding

Start-up Funding

 

Start-up Expenses to Fund

$465,058

Start-up Assets to Fund

$43,033

Total Funding Required

$508,091

 

 

Assets

 

Non-cash Assets from Start-up

$25,033

Cash Requirements from Start-up

$18,000

Additional Cash Raised

$16,152

Cash Balance on Starting Date

$34,152

Total Assets

$59,186

 

 

 

 

Liabilities and Capital

 

 

 

Liabilities

 

Current Borrowing

$4,500

Long-term Liabilities

$10,000

Accounts Payable (Outstanding Bills)

$9,000

Other Current Liabilities (interest-free)

$744

Total Liabilities

$24,244

 

 

Capital

 

 

 

Planned Investment

 

Grant Funding

$500,000

Investor

$0

Additional Investment Requirement

$0

Total Planned Investment

$500,000

 

 

Loss at Start-up (Start-up Expenses)

($465,058)

Total Capital

$34,942

 

 

 

 

Total Capital and Liabilities

$59,186

 

 

Total Funding

$524,244


Table: Start-up

Start-up

 

 

 

Requirements

 

 

 

Start-up Expenses

 

Stationery etc.

$500

Brochures

$500

Property Down payment

$300,000

Lodge Setup

$50,000

Direct - TV

$308

Insurance

$1,200

Cabin Renovations

$12,550

Build 2 New Cabins

$50,000

Electrical

$15,000

Plumbing

$15,000

Furnishings

$20,000

Inserted Row

$0

Total Start-up Expenses

$465,058

 

 

Start-up Assets

 

Cash Required

$18,000

Start-up Inventory

$0

Other Current Assets

$9,827

Long-term Assets

$15,206

Total Assets

$43,033

 

 

Total Requirements

$508,091

COMPANY NAME will offer customers six 1-bedroom units and two 2-bedroom units. All units have a kitchenette and 2 of the new units will be utilized as suite. Each unit is equipped with a queen bed and two of the six units have an additional twin bed.
Trash and snow removal are optional and guest may request gift baskets for a small fee. A playground will be installed for families with children.

COMPANY NAME target market strategy is based on becoming a destination choice for families and hunters in the greater Trenton area who are looking for a place to relax, hunt, or recharge. The target markets that we are going to pursue are people searching for a vacation or hunting destination, and drop-in customers. We envision many hunters from all over the United States, as some do now, coming to stay and hunt in Trenton, Mo. The country setting and our facilities make COMPANY NAME a natural destination choice for people. COMPANY NAME will endeavor to produce a 30% increase in clientele on a yearly basis.


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