Hotelier Middle East - HotelierMiddleEast.com

Developing and Implementing the Business Plan

Back
Scheduled Date: Sunday, October 9, 2011/Thursday, October 13, 2011
Training Provider: Meirc Training & Consulting
Type: Training course
City: Dubai
Country: United Arab Emirates
Sector: Finance
Languages : English

Program Objectives:

By the end of the program, participants will be able to:
* Realize the critical importance of a well thought-out business plan for the success of the organization.
* Analyze the business environment and define the most appropriate goals and strategies.
* Choose and implement tactics and programs designed to maximize operational success.
* Develop a practical plan that will enable management to monitor and control the progress of the organization.

This Program is designed for:
Department heads, sales managers, marketing managers, senior managers and others who need to develop their business planning and control skills. This program is worth 25 NASBA CPEs.

 

Program Fees:
Per participant - USD 3700
Frequent nomination - USD 3330
(including coffee breaks and a buffet lunch daily)
One extra free place for every 2 paid nominees on the same program and dates
Discount Plans, Refunds & Cancellations Policy

Meirc reserves the right to alter dates, content, venue and trainer with a reasonable notice time.

Program Outline:

Developing the Business Plan

* What is a Business Plan?
* Benefits of a Business Plan
* The Planning Process
* Team Concepts
* Idea Generation

Vision and Mission Statements

* Definitions
* Examples

Market Situation Analysis

* General (Macro) Environment
* Specific Environment, Includes:
o Market and Customer Segmentation
o Competition
o Market Potential, Size and Share
o BCG Matrix, SWOT and Gap Analysis

Goals, Strategies and Tactics

* SMART Goals
* Strategy Types
* Tactics Preparation and Schedule
* Implementation Schedule

Forecasting

* Forecasting Methods
* Erosion and Growth

Resources Needed

* Manpower
* Budgets

Financials

* The Income Statement
* Cash Flow Analysis
* Break-Even Analysis

Concluding the Business Plan

* Goal Tree
* Executive Summary

Controlling the Plan

* Sales and Financial Reviews
* Individual Performance Reviews


Latest programs

Other Courses in Dubai


Other Courses in Finance


Other Courses from Meirc Training & Consulting


Jobs in Finance


Hotelier Directory »
Search our database of more than 2,700 industry companies

Browse the directory »

ALSO IN HotelierMiddleEast.com »

Front Of House

Qatar bans minimum F&B spend to protect consumers

Many restaurants, coffee shops and hotels force customers to place a minimum order

Read more
Back Of House

Marriott gets EU clearance to acquire Starwood

The European Commission has said this is an important merger for the hotel industry and its customers

Read more
Food & Beverage

Ras Al Khaimah hosts iftar for orphaned children

The event follows positive feedback from the children to last year's Iftar with the Ministry of Health in Ras Al Khaimah

Read more
People

Ras Al Khaimah hosts iftar for orphaned children

The event follows positive feedback from the children to last year's Iftar with the Ministry of Health in Ras Al Khaimah

Read more
Business

Marriott gets EU clearance to acquire Starwood

The European Commission has said this is an important merger for the hotel industry and its customers

Read more
LEISURE

Oman Tourism Strategy to provide 500,000 jobs

Third phase of development will see the addition of 29,596 new hotel rooms in the Sultanate

Read more