Design[ edit ] Fountain pond at Seltenheim Golf Course Klagenfurt-Seltenheim, Austria Although a specialty within landscape design or landscape architecturegolf course architecture is considered a separate field of study. Some golf course architects become celebrities in their own right, such as Robert Trent Jones, Jr.
Strategic Analysis with current research! The Miniature Golf Course, Inc. The Company was founded by John Doe. Doe intends to develop facility that will feature an 18 hole golf course.
This course will mimic a traditional golf course that will have sand traps, running water, and other real course like attributes. Additionally, the business will offer a limited food and beverage service which will include candy, hotdogs, small sandwiches, coffee, and fountain drinks.
This aspect of the business is very important because it will provide an additional stream of revenue for the business. The business will generate revenue streams from hosting birthday parties and other events within the facility.
Tertiary revenue streams will come from arcade games that will be available for patron use throughout the facility.
The third section of the business plan will further describe the services offered by the Miniature Golf Course. The interest rate and loan agreement are to be further discussed during negotiation.
Doe has more than 10 years of experience in the retail management industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to implement marketing campaigns that will effectively target individuals within the target market.
The Company is registered as a corporation in the State of New York.
Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Miniature Golf Course. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. Currently, Management is sourcing the facility that will be used for the construction of the miniature golf course.
At any given time, Management anticipates that the business will have seven to ten arcade game stations available for patron use. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.
Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period. These revenue numbers do not include amusement parks, casinos, or resorts that provide arcade machines as a value added benefit to patrons. As stated earlier, the industry is mature.
The expected continued growth of these businesses is expected to mirror the general population growth plus the rate of inflation. The key to thriving within this industry is to provide patrons with a unique miniature golf course coupled with arcade games available for use.
Joining a private golf club can require an amalgam of skills: the observational talents of a detective, tact of a diplomat, patience of a saint and insight of a forensic accountant. One of the largest golf course management and marketing companies on the Grand Strand has given up majority ownership of the business to a company based in Asheville, N.C. Willow Park Golf Course golf course business plan company summary. Willow Park Golf Course will lease and operate a golf course and driving range, in a rapidly developing retirement community and destination vacation area/5(19).
The Company, by combining the miniature golf course with some arcade games, will allow the business to draw a greater age demographic among young customers than is usually expected within the retail entertainment industry.
In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc. The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Below is an overview of the marketing strategies and objectives of the Miniature Golf Course. The Company primarily intends to use a broad based advertising campaign that will raise the awareness of the retail location among the targeted young child and adolescent demographic.
To that end, Management will place a number of advertisements in locally based newspapers and advertisements from the onset of operations which may include discount coupons or coupons for a free round of mini-golf. As more and more children are invited to Company hosted birthday parties, these youngsters may have their parents host their next birthday party at the facility.
The Company anticipates that this type of advertising will take three to six months to become effective. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically.
This section of the business plan should not span more than 1 page. For each owner or key employee, you should provide a brief biography in this section. The Company is providing entertainment, which is not a necessity.Former home of the Colorado Open and numerous statewide amateur and professional events, Saddle Rock has become a preferred destination for a higher-end golf experience in the metro area.
In a Nutshell: Pyongyang Golf Course is North Korea’s only golf course. As an avid golfer, I just had to play it. Made famous thanks to campfire stories of General Kim Jong-Il’s miracle (mythical?) score, I added an hole visit to my itinerary and it turned out to be a round I’d never forget.
Aug 02, · Neighbors of Trump golf course in Scotland decry a bully trying to expand. Scottish residents have fought a David-versus-Goliath battle with Trump over his golf course near Aberdeen. Your source for local news, sports, high school sports and weather in and around Jefferson City, Columbia, Fulton and the Lake of the Ozarks.
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