Any new tourism or leisure business needs to determine the feasibility of the project (will it work?) and viability (will it provide the financial returns required?). We have a range of resources/tools that can be applied to new projects to ensure that the decision to proceed is supported by robust market research and financial analysis. Click to access The Feasibility Study Checklist.
Specific tools/resources available as part of the feasibility process include:
The current financial crisis confirms the dynamic environment that the tourism industry operates in. Whether individual businesses or destinations are planning to invest in the tourism industry, strategic planning is an essential component to ensure long term success. Click here to access The Strategic Planning Model to provide you with a framework for preparing a strategic plan.
Specific tools/resources available as part of the strategic planning process include:
The business plan is a one to three year plan targeted at implementing the strategies identified in the strategic plan. It is the operational guide that identifies how you differentiate your business to provide the competitive advantage which leads to exceptional visitor experience, high levels of repeat business and recommendations leading to increased revenues and profitability and ultimately increased value for the business.
Specific tools/resources available for business planning include:
TLG provides a range of services including: