Strategic Analysis with current research! The RV Park, Inc. The Company was founded by John Doe.
Franchise Sales Forecast The amusement park business is a thriving business that receives a large number of customers daily. However, there is always a demand surge during certain seasons. Due to our strategic positioning in Burlington — Washington State, we are well positioned to meet our target market in the state as well as around its environs as well.
We are optimistic that our target of generating enough revenue that will cover costs of running operations as well as little profits will be achieved during the second year of operations.
Our sales forecast was as a result of a critical evaluation carried out on behalf of Yippy Yap Amusement Parks by our business consultants that we hired. These business consultants who are the best in the field and are well versed regarding the amusement park industry thoroughly analyzed our chances of survival and water park business plan free.
The information for the sales projection was gathered based on our location in Burlington — Washington State, and similar start-ups especially those in the same industry as ours.
As mentioned above, the above projections are based entirely on what is obtainable in the industry and also based on the facts that the factors used to base the assumptions such as location, stable economy and lack of competitor in the same area of operation remained same.
A change in any of these factors will definitely cause a positive or negative change in the sales projections. Marketing Strategy and Sales Strategy The intention of marketing a product and or service is very straightforward; however marketing itself serves a dual purpose for every business.
The importance of marketing for any business especially those with the intention of making profit is to generate revenue for the business whilst also increasing awareness about the products and or services a business has to offer and even for the business itself as a whole.
However, the old way of marketing products which was through distribution of fliers as well as placing adverts in print and in television might not be as effective especially as technology has not only made it easier for businesses to gain their customers but is also a faster way of generating income for any business, especially amusement parks.
Without marketing, any business no matter how fantastic it looks would likely fail. Because of how huge the amusement park project is, we were careful in deciding what our marketing and sales strategy would be and for this purpose we hired marketing consultants that conducted a thorough marketing survey and feasibility study on our behalf as regards who our target customers are and how we should penetrate the available market so as to draw customers to our business.
The marketing experts we hired have a thorough knowledge of the amusement park business and so would also help in drafting effective marketing strategies in conjunction with our sales and marketing team so that our corporate goals can be achieved. Yippy Yap Amusement Park LLC intends to adopt the following marketing and sales strategy in providing service to our various customers; Throw a grand opening party to showcase what our amusement park has to offer Give huge discounts for the first two weeks of opening our amusement parks Advertise our amusement park in magazines, newspapers and on television Massively market our amusement park through our website and social media platforms such as Facebookinstagram and Google Plus Engage in direct marketing Advertise on popular forums and traffic pulling websites Amusement Park Business Plan — Publicity and Advertising Strategy Every business that intends to grow needs to intensify its publicity and advertising strategies, if they intend to favorably compete with other similar businesses in the same industry.
The amusement park business is no different and if we intend to secure our lead amongst the top five in the industry, we would need to intensify publicity for our business and the services we offer at Yippy Yap Amusement Park, LLC.
Other ways we intend to ensure that we publicize our amusement park are offering of trainings for those who intend to start their own amusement park business and consultancy services for those who are already in the business. These services will ensure that the awareness for our brand in Burlington — Washington State and in the whole of the United States of America increases so that our customers can readily identify us amongst others.
Listed below are some of the platforms we intend leveraging on in order to promote our Yippy Yap Amusement Park Business LLC; Creating customized tee-shirts with our logos and giving to loyal customers as free Placing adverts on radio and television as regards our brands Placing advert via Google and other traffic pulling sites Participating and sponsoring relevant programs in the community Making use of our social media platforms like Instagram, Facebook, Twitter, Snapchat and other such avenues to publicize our business.
Ensuring that our billboards are installed in various strategic locations in Burlington and around the whole of Washington State Design flexi banners and place in different conspicuous locations to increase awareness Distribute our unique fliers in target areas Sponsor school high school, college, and universities entertainment shows Our Pricing Strategy We intend to offer admission rates that are affordable to our different customers such as children, adult, senior citizen or a family unit.
Our admission rate is usually all-inclusive and allows customers see attractions, use rides and enjoy live entertainment. Customers who want extra services such as specialty rides and attractions, merchandise, concessions and arcades will definitely have to pay more. Pricing in admission parks usually boils down to two categories such as physical and non-physical choice categories.
Even though both categories need an admission ticket, they offer different services. The physical choice usually includes admission packages that are based on the type of amenities and inventory to be used, while the non-physical choice usually includes rates for different usage times.
During our first one month of operations, we intend to ensure that all rates for different admission categories are discounted so that more customers can patronize our services. Our payment policy will be broad and inclusive of all the categories of customers we are likely to get.
The payment options that we will make available to our wide range of customers include; Cash payment Payment via Point of Sale POS Machine Payment via online transfer Payment via mobile app transfer The above payment options were carefully chosen in conjunction with our bank which we believe offer the best baking platforms that will ensure that all payments go through with few hitches as possible.
Start — Up Expenditure Budget The amusement park business is one that requires a whole lot of start-up capital that is usually spent on getting the machineries and equipment to use in starting the business. Asides from getting the machineries and equipment, the bulk of the capital is also used to pay employees and pay other bills till the business starts making its own money to pay for these aspects itself.
Knowing how huge this project is, Jack intends to source for the start-up capital from the following five major sources. The below listed areas are where we intend to start generating capital from; Part capital generation from personal savings and sale of stocks Sourcing capital from angel investors Sourcing capital from venture capitalists Apply for loan from a bank Source for capital from wealthy friends and family members N.
We know the loan will be approved within a month as we have met all the conditions from the bank. Amusement Park Business Plan — Sustainability and Expansion Strategy Every business that has gone through the rigors of establishing itself to make profit as well as favorably compete against its competitors in the same industry always has plans in place to ensure its sustainability.
Not having a sustainability strategy would mean that the business might not last for very long before failing. While we intend to offer unique services at Yippy Yap Amusement Park LLC, we also intend to ensure that the feedback from our customers guide us all the time. We know how important customers are to any business especially to our kind of business and so we would ensure that asides offering the best services possible to our customers.Wasatch Family Fun Center amusement park business plan services.
Wasatch Family Fun Center will provide customers with a wholesome environment of amusement, entertainment, competition, year-round activities, and great food at affordable prices.
Eagle Creek Park Business Plan | FINAL DRAFT Report 1 CHAPTER ONE - EXECUTIVE SUMMARY INTRODUCTION Eagle Creek Park, one of the largest city parks in the nation, offers 1, acres of water, 3, acres of. Below is the sample amusement park business plan: Business Overview Amusement parks usually operates a variety of attractions such as games, shows, water rides, mechanical rides, theme exhibits as well as picnic grounds and refreshment stands.
Outdoor Recreation Business Plan Guidebook. and protect water and related resources in an environmentally and economically sound manner in the interest of the American public. U.S. Department of the Interior Bureau of Reclamation Appendix A – A State Park and Recreation Sample Business Plan lausannecongress2018.coms 16 ii: 1.
visitor spending in the water park is estimated at $ for the first year. That number includes admissions, food and beverage, merchandise, and rentals • The project team’s conservative and financially sound business plan Executive Summary.
Title: Microsoft PowerPoint - The_Islands_WaterPark NMB ppt [Read-Only] [Compatibility. This package provides you with a complete package with the tools that you will need to start and expand your Water Park.
With the business plan template, you will receive a 9 chapter plan in MS Word (with associated MS Excel financial template) that you can use to acquire capital from banks, finance companies, investors, or grant companies. The .