Viability Of The Business Concept

| * Return client base * 90% annually * Higher prices for families * ~$1600 per family vacation * 90% rooms booked per week @ $3500 per special family week= $18,900/week = $982,800/yr

* Based on your reading of Chapter 4 from the Hess book, "An Elevator-Pitch Business Model," and the "Why Business Models Matter" article, complete the following:

1.1 A plan for the collection of primary and secondary data for a given business problem

This business will be owned and operated by Jennifer Stanley, Bruce McNabb and a silent partner that is providing the starting capital of $500, 000. This company will be a LLC. Mrs. Stanley has had experience with managing and working in a hotel and will have a BS in Business Administration majoring in Accounting and minors in Financial services and Small Business Management.

If one is looking specifically at the market, there are a lot of factors to consider to determine whether the business will be successful or not. One of these factors is competition which is important because it will impact the amount of customers and could also pose a barrier to entry. For instance, if there is an established pho restaurant in Charlottesville one has to consider their market power and ability to outprice your restaurant or if they’ve been in the market for a while they may possess a competitive advantage over your future restaurant. Slightly related to competition is demand for pho which determines the price and number of customers willing to purchase pho at that price. One has to ask in relation to demand how many people in Charlottesville are willing to purchase pho at $4, is that price optimal? Demand also has sub-factors which must be considered such as are there substitutes for pho and what is the demand for those products (i.e. ramen restaurants). Furthermore, in the context of markets, it is important to consider supply costs. Are the supply markets for inputs volatile? Would I be able to handle a sharp increase in input prices and for how long?

This research is based on two companies, a travel agency company which is the Trazeem Travel and Tours and ThisAndThat Safaris a tour operator. Trazeem Travel and Tours specialize with both inbound and outbound tourism and their services includes air ticketing, hotel accommodation, packages and many more (see appendix). Their aim is to provide an unforgettable travel and holiday experience to their customers, their mission is to provide a high level service to their diverse customers and to set a standard of excellent in the industry and have a set of goals which includes quality deliverance, honesty and integrity (Trazeem.co.zw, 2017)

“The responsibility to society is that of government; certainly not that of business” Discuss the role of business in the social development of the communities in which they operate.

Creative agencies specialize in "creative" or design-based business models and are also known as a "creative boutique". Their basic interest is in the creation of the advertisement or branding. Other ("full-service") agencies offer design in conjunction with media buying. Media agencies concentrate on media buying. (In the 1990s, media and creative were often unbundled in the interests of economies of scale in buying media.

The first to market business model can arguably fit into any of the other business models. A freelancer can create a new technique and test it on the market. The solution, and specialization business model are also often considered the same as the first to market model. Yet again, I classify this as a unique model of its own because of the increased risk involved.

The company’s managers are frequently busy with business operations and new ideas. Apparently, IT structures was never appropriated with organizational vision and IT was in an important state of disorganization.

We all know that businesses are operated in order to procure a profit. They may have other goals in place but, their overall goal is to sell merchandise to consumers at a profit. No point in selling things that aren’t bringing in profit. In this essay, I will demonstrate the possible causes of profit change from last year to this year.

Detroit is known as the Motor City of the United States of America. Its economy was largely depends on the auto industry prior to the declining of the industry in 2008. Now the industry is revitalizing as well as other small to medium business are popping up in Detroit. The city has taken several improvement projects to support the entry of new business. If the city could able to complete the projects with respect to infrastructure, business and social environment and labour market, Detroit will definitely become an important place for successful future businesses (Woods, 2013). Detroit city business owners are optimistic about Detroit future business climate and their perceptions have

In order to run a successful business you will be required to have an established accounting system to monitor the growth, expenses, income on a bi-month if not daily basis. The following should help outline the basic steps to achieve this goal.

ABSTRACT - When a creator of earth might see the blue planet which he had created with fresh water air and forest he might only able to see smoke concrete building and garbage. There is a serious problem which is needed to be solved as early as possible. The problem is not how polluted the cities are, the major problem is that we are not doing anything to save our environment. Garbage is there at all the places, it’s been collected by different municipal cooperation at different cities. It’s been collected and then dumped at other places. Water pollution is a serious issue in India 70 per cent of its surface is covered with water resources and groundwater reserves are contaminated by biological, toxic, organic, and inorganic pollutants. Water source is unsafe for human consumption as well as for other activities, such as irrigation and domestic use. Degrading water quality can contribute to water scarcity

Financial feasibility can be judged by the total estimated cost of the project, financing of the project in terms of its capital structure, debt equity ratio and promoter’s share of total cost, existing investment by the promoter in any other business and projected cash flow and profitability.