Hotel Development

Business Development Plan

What is a concept without development? What is a brand without development? What is a team without development? A business development plan is an important corporate tool in every industry. Before a development plan is created, the concept should be checked for profitability by determining key figures. Key points should be taken into account here:

  • Business plan
  • Market, location, and development analysis
  • Competitor analysis (identification of strengths, weaknesses, opportunities, and threats)
  • Concept review
  • Definition and elaboration of the unique selling propositions
  • Customer analysis
  • Business mix (product policy, price policy, communication policy, and distribution policy)
  • Budget planning
  • Personnel structure and team

The development goals should be derived and defined from this. I will help you #hotelfritz

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