THE BRIDGE HOTEL BUSINESS PLAN Located in the east west side valley sea New York Organization Chart The General Manager The general manager of the business will be the executive personnel. He will be at top of the chain of command Duties and responsibilities controlling and coordinating all the business and issues relating to the personnel setting objectives and goals of the business planning promotion strategies an implementing them drawing the pricing strategies /policies The Bridge Hotel is the head of the five-famous hotel brand inside the ‘elite big business Hotels of the global' grouping. Finance Manager He will be the person controlling all the cash out flow and in flow under supervision of the owner. He is supposed to be qualified accountant Duties and responsibilities receiving the cash from the cash people and recording in the cash book making purchases and payments on behalf of the owner banking he about 400 000 Operational capital It is the amount that will be used to meet operational cost of the business example buying raw materials payment of salaries and machines and equipment replacement. A mount is distributed as follows; Raw materials will cost 500 000 Repair and maintenance sums to 100 000 Personal Expenses Business owner will also require some cash for personal use in areas like food medical expenses and transport. The capital expenditure is spread as shown in the tables below. Pre-operation cost Particulars Cost Fixed Assets 350 000 Overhead cost 50 000 Total Operation costs 400 000 Working capital Requirement Item Year 1 Year 2 Year 3 Circulating cash 150 000 200 000 250 000 Current account 100 000 350 000 400 000 Debtors 5 000 8 000 12 000 Raw material 471 900 50 000 550 000 Total 721 900 1 058 000 1 212 000 [...]
Write a concise, but effective and thorough Business Plan for a Franchise. Use the examples on pages 419 & 420 of the text (Application Exercise 13.8). Make sure all elements the textbook outlines for a complete business plan are in your assignment. Page Length 5-6 pages, plus any necessary appendices.