Even (Holiday) Cottage Industries Need Plans to Be Successful
To have a successful holiday cottage business you need more than just a holiday cottage and adverts on My Favourite Holiday Cottages and other leading self-catering directory sites. Your success will be heavily influenced in the way you market and manage your holiday rental business. For that you need a plan.
This 12-Step Business Plan for Vacation Rentals template from Lodgify addresses the obvious and not-so-obvious things you need to take into consideration on the road to economic success.
Don't be put off by the jargon-like feel to the titles. The 12-Steps are:
- Executive Summary
- Company Analysis
- Industry Analysis
- Customer Analysis
- Competitive Analysis
- Operations Plan
- Marketing Plan
- Distribution Plan
- Revenue Management Plan
- Financial Plan
- Key Milestones and Business Future