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Bed and Breakfast Business Plan Template | Free Business Plan Software

Bed and Breakfast Business Plan Template

 

Get a Professional Bed and Breakfast Business Plan Template Plus 6 Valuable Free Bonuses - for Less Than the Cost of a Starbucks Coffee


Are you:

  • Starting a new business?
  • Considering expanding your business and need a plan to raise capital from lenders or investors?
  • Wouldn't you like an easy and proven way to develop a high quality business plan?

This guide features a complete business plan template with step by step instructions on how to plan and start your new business. This fill-in-the-blanks template includes every section of your business plan, including your Executive Summary, Company Analysis, Competitive Analysis, Marketing Plan, Operations Plan and Financial Plan. This is must-know must-do information; ignore it and you stand a good chance to fail (a similar template is sold elsewhere for $69.95).

The Business Plan Template will help you figure out if your new business idea could actually be turned into a viable business, it serves as a blueprint for your successful startup. A wise man once said: "If you're not sure where you are going, you're liable to end up someplace else". Here are the strategies and techniques that will help make sure you're on the right track.

Here's how this system will benefit you:

  • Discover how to develop a business plan that will make bankers, prospective partners and investors line up at your door.
  • It will help you predict problems before they happen and keep you from losing your shirt on a dog business idea.
  • Insider secrets of attracting investors, how to best construct your proposal, common mistakes and traps to avoid.
  • Insider secrets to getting your business loan approved.
  • Detailed, simple-to-follow instructions to quickly and painlessly create your entire business plan.
  • This template was successfully field tested with numerous entrepreneurs, banks and investors.

Whether you're just getting started or you're on your way to the top, this could be the single most important investment you make in your business! The Business Plan Template could pay for itself, many times over, the first time you use it... and it's sure to spare you lots of costly mistakes every step of the way.

Get These 6 Valuable Free Bonuses (a limited time offer)

Place your order by the end of this month and I will also include instant download instructions for the following free gifts:

1. A Word Doc Version of the Business Plan Template

You get a Doc version of the Business Plan Template so you can easily edit and modify it to meet your own specific needs (compatible with most word processors).

2. A Set of 23 Excel Spreadsheets and Tables (a $10 Value)

Use it to create the financial projections, graphs and tables required for a business plan. This includes: start-up expenses, market analysis, sales forecast, personnel plan, financial projections and more.

3. Business Feasibility Study System

A complete fill in the blanks Business Feasibility Study template system. Featuring crucial things you must consider before you start pouring in your hard earned money, proven to keep you from costly mistakes when starting or expanding a business.

4. Business Financial Planner (a $40 Value)

This is an easy to use Excel based software program. It is a multi featured financial management program that will help you do the following:

* Plan and analyze your start up expenses and sales

* Perform Break-Even Point analysis

* Conduct 'what-if's analysis

* Perform financial ratios analysis

* Make a "go /no-go" decision

This is an extremely powerful financial analysis and planning tool, yet it is intuitive and easy to use. And It comes with a detailed manual allowing you to take full advantage of it even if you are a new business manager.

5. How to Improve Your Leadership and Management Skills (eBook)

This book features effective leadership and management techniques.
You'll learn:

* How to lead and manage people; powerful tips and strategies to motivate and inspire your people to bring out the best in them. Be the boss people want to give 200 percent for.

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* How to motivate your employees in the workplace.

* How to Deal with Changes in The Market - the winds of change are building, reshaping business and personal lives. Some people dig in their heels and try to resist change. Others ride the winds of change and seize the amazing opportunities it brings. Discover ten habits to recognize and maximize the gifts of change.

* How to deal with difficult employees.

* Effective business negotiations techniques.

* How to Reach Your Goals Faster - Discover the tips and techniques that will make sure you're always on the right track.

* 27 Tips to Increase the Effectiveness of Your Delegation - tactics to squeeze more out of your day with foolproof delegation techniques.

* How to create a business environment that supports growth.

6. Essential Ingredients for Business Success (eBook)

Discover how to increase the profitability of your business - tried and tested business management boosting ideas to help you stay pointed toward profit. This book will reveal to you scores of business management tricks, secrets and shortcuts utilized by successful managers - proven to jump-start your business. You will be amazed at how simple these strategies and concepts are and how easy it will be for you to apply them to your own business or project.

Who Am I and Why I'm Qualified to Give You Business Advice

My name is Meir and I'm the creator of this business plan template toolkit. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management.

This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- 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. And that is where this template can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time.

... And How Much Does All This Cost?

A comparable package featuring a business plan template, the bonus software and eBooks may cost you elsewhere from $60 to over $100. But here you only pay $4.99, yep, just about the price of Starbucks coffee.

Think about it, The price of this valuable toolkit is a painless drop in the bucket compared to the money you would lose without this know-how. Look at it this way... You really cannot afford not to invest in this system.

100% Unconditional Money-Back Guarantee

If you want to order, I insist you do so entirely at my risk. This package is offered through Amazon and carries amazon's standard 7 days money back guaranty. There is absolutely NO RISK on your part with this guarantee. What I mean is I want you to order without feeling you might "get taken." After all, I am a well-respected consultant and my reputation is on the line.

Therefore, I want you to order this material today... read it, use it... and if for any reason you aren't completely satisfied, you not only can cancel, you should, for an immediate refund of your purchase price. You simply can't lose.

And if you decide to cancel, the 6 bonuses are yours to keep, with our compliments, just for taking the time to respond to our offer.

Don't delay a moment longer. Place your order now!

Pay for the Template


Here's the Business Plan Template's Table of Contents:

1.0 Executive Summary
1.1 Objectives
1.2 Mission
1.3 Keys to Success
2.0 Company Summary
2.1 Company Ownership
2.2 Start-up Summary
Table: Start-up
3.0 Products and Services
4.0 Market Analysis Summary
4.1 Market Segmentation
Table: Market Analysis
4.2 Target Market Segment Strategy
4.3 Service Business Analysis
4.3.1 Competition and Buying Patterns
5.0 Strategy and Implementation Summary
5.1 Competitive Edge
5.2 Marketing Strategy
5.3 Sales Strategy
5.3.1 Sales Forecast
Table: Sales Forecast
5.4 Milestones
Table: Milestones
6.0 Management Summary
6.1 Personnel Plan
Table: Personnel
7.0 Financial Plan
7.0 Financial Plan
7.1 Start-up Funding
Table: Start-up Funding
7.2 Important Assumptions
7.3 Break-even Analysis
Table: Break-even Analysis
7.4 Projected Profit and Loss
Table: Profit and Loss
7.5 Projected Cash Flow
Table: Cash Flow
7.6 Projected Balance Sheet
Table: Balance Sheet
7.7 Business Ratios
7.7 Business Ratios
Table: Ratios

Other Business Plan Outlines and samples 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 Fast food 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

Bed and Breakfast Business Plan Template Market Analysis Summary Sample

Napa Valley and its Tourism

A recent study named "Napa County Visitor Profile Study & Napa County Economic Impact Study” published in March 2006 revealed very important tourism and economical statistics regarding the impact tourism has on Napa Valley. Below are key findings that directly impact the marketing analysis for the bed and breakfast properties.

How much does a Visitor spent?

Visitors who did not stay overnight within Napa County spent an average of $146 per-day, while overnight visitors spent $233 per-day. Average total Daily Spending of both categories is $197.Tourism in Napa County generates over $1.3 Billion in economic impact annually.

The visitor serving industry is the second largest sector of Napa County’s economy. Every 24 hours, guests of The Napa Valley spend approximately $4 million in local businesses, with Napa visitors contributing about $176 million to the revenue of commercial hotels in Napa County. Bed and breakfasts received another $40 million of their revenue from visitors. Tax revenue generated by tourism spending is $125 million annually.

In addition to the well known winery attraction, the Napa Valley has many other great activities that draw tourists to stay additional days. Some of the activities include:

  • California Wine purchase and vineyard visits
  • Fine Dining
  • Art
  • Hot Air Ballooning and Bicycling
  • Golf
  • Casinos
  • Site Seeing Tours
  • Spas / Massage
  • Shopping
  • Museum and Live Performances and Tours

4.1 Market Segmentation

Visitor Age Profile
The largest age group of respondents in the annual sample was between 35 and 44 years. They made up 21%. The age composition of all visitors showed a more senior picture, with the 45-54 age groups making up 23% of all visitors represented by the total annual sample. Respondents between 35 and 54 years of age (three age groups combined) made up close to 50% of the annual total sample.  Those at the age of 45 and above accounted for 60.9% of all visitors.

Visitor Income Profile

  • $100,000 and over = 57.6%
  • $150,000 and over = 26.6%
  • $50,000 to $99,000 = 30.1%

Visitors Education Profile

  • Professional and Technical = 30.2%
  • Managers and Executives = 23.7%
  • From the above sample about 73.5% hold a bachelor's to doctorate degree
  • and 32.1% hold a master's and doctorate degree

How many visitors stay at a bed and breakfast annually?
According to the above statistics, approximately 171,673 visitors utilized a Bed and breakfast for their lodging needs.

How likely are the Visitors to return to the Napa Valley and when?

This question is extremely important to [Company Name]operation as it directly impacts their repetitive customer base.  The Inns pride themselves with service that is worth coming back for.  Therefore, we opted to illuminate this aspect in the Market Analysis.  The findings are:
Napa Valley's travel market can be considered as highly loyal. The proportion of all guests who expressed either "very likely" or "likely" to return to the area for future visits was nearly 90.1%.

This strongly suggests that the more often they visit the area and the more they know about it, the more likely they are to return. Among those who expressed a likelihood of future visits, 22.1% would come back within three months; another 34.7% between four months and one year.

Table: Market Analysis

Market Analysis

 

 

 

 

 

 

 

 

 

2010

2011

2012

2013

2014

 

Potential Customers

Growth

 

 

 

 

 

CAGR

Age Group 35-44 (21%)

3%

36,052

37,134

38,248

39,395

40,577

3.00%

Age Group 45-54 (23%)

3%

39,485

40,670

41,890

43,147

44,441

3.00%

Age Group 45+ (60.8%)

3%

104,375

107,506

110,731

114,053

117,475

3.00%

Total

3.00%

179,912

185,310

190,869

196,595

202,493

3.00%

Chart: Market Analysis

4.2 Target Market Segment Strategy

The Inns targeted market groups are couples ranging from age 24 to 75 years of age seeking to visit the Napa Valley.  The major focus group which is also the highest percentage of visitors to this area would be those of age 45 and over making up over 60% of the total visitors to the Napa Valley.  The secondary group classification would be the income level of $100,000 and above, making up about 86.2% of visitors.

4.3 Service Business Analysis

The [Company Name]s offer bed and breakfast hospitality accommodations as well as some food service for their guests.  The Shady Oaks Country Inn and The Ambrose Bierce House B&B each have five distinctively and individually decorated rooms for rent. Aside from the room, the Inns offer breakfast and wine & cheese in the evening.

4.3.1 Competition and Buying Patterns

Both of the Inns are competitively prices at an average price of $245.00/night.  The intimate atmosphere which is created by the historical properties is an important aspect that new buildings can not compete with.  Additionally, the Owners have a proven track record of returning guests based on the customer service, the rooms, and the personal attention they provide. 
The Inns' greatest assets are the location of the Inns and the owner's long time community relationships with the town and county.  This presence and involvement from the beginning of this tourist attraction are all added values that set the Inns apart from newly introduced bed and breakfast properties in the Napa Valley. The Shady Oaks Country Inn is one of only three bed and breakfast location in this immediate area.

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