Budget Hotel Business Plan

Budget Hotel Business Plan-39
The building is seated on a poured concrete and a concrete block foundation. There is a basement area under the living quarters and a portion of the motel.Other improvements include a 2-car garage with 2 electric door openers.Steve consults with area businesses in development-related issues, including finance, and is a United States SBA counselor at the Small Business Development Center at the University of Michigan.

The building is seated on a poured concrete and a concrete block foundation. There is a basement area under the living quarters and a portion of the motel.Other improvements include a 2-car garage with 2 electric door openers.

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Combined with an on-site lounge, a grilled food service, an indoor and outdoor pool bar, and a morning continental breakfast offering, we shall differentiate ourselves by becoming a "boutique style" resort versus simply another motel. hotel and lounge in 1998 as a Michigan Subchapter "S" Corporation.

With the construction of an outdoor pool adjacent to the present indoor pool/whirlpool/sauna complex and our other refurbishment and new amenities, Seven Elms Resort will form the basis of a highly profitable venture set in a Prairie Style environment. Since 1985, Steve has had extensive experience in creating and managing organizations for environmental and economic development-oriented companies involved in nationwide projects.

Considering that lenders are inundated by numerous investment opportunities from which they choose only a few, this business plan describes our story and how we intend to grow. management team has made an in-depth analysis of its opportunities and weaknesses and it has concluded that the company has an excellent chance to succeed.

Sophisticated business planning helps management answer questions, such as: What will be our record of achievement? Are we setting realistic and attainable goals and objectives?

Constructive and useful business planning requires a broad-based understanding of changes taking place in the marketplace in which the company competes, or plans to compete, and the ever-changing financial markets.

In-depth technical skills in a variety of disciplines such as financial analysis, sales and marketing, latest technology, and managing growth are critical components in assessing a company's opportunities and risks. has developed this disciplined planning methodology to help the company anticipate its start-up costs and other critical information to arrive at this realistic plan. Blackburn has sought legal assistance and advisors to develop the Seven Elms Resort concept. is the creation of and funding of an adult couples' 17-room hotel, specializing in a "getaway" atmosphere to provide relaxation and recreation in the Greater Benzie County/Lake Michigan area.

The Seven Elms Resort outlines how it will provide quality hospitality services, cost-effectively, in a popular northern U. We seek funds for the acquisition and renovation of Seven Elms Resort, an adult-marketed, 17-room "boutique style" hotel specializing in a couples' "getaway" to provide relaxation and recreation in Benzie County, a popular tourism spot located next to the state of Michigan's Lake Michigan. Renovation in the Prairie Style period, our hotel's design elements and furniture will reflect this "organic" approach and provide an overall comfortable experience.

This plan successfully raised capital for property acquisition, renovation, and company start-up related costs. Discussions and interviews were held with a variety of individuals involved with other similar businesses to develop the proforma data, review the market potential, and competitive situation.

Desiring to return to his own business, he wishes to establish Seven Elms Resort, Inc. The foundation for the plan is a combination of primary and secondary research, upon which the marketing strategies are built.

In certain instances, particularly with our early stage company, this business plan also serves as a strategic plan.


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