Bus company business plan

Bus tours business companydouble decker tours of washington, llc (ddtow), located in the city of washington, dc is a new sightseeing company in its formative stages.

Bus business plan

The gap exists in high quality, reasonably priced sightseeing tours in the nation's capital away from the city center, indicating that a new entrant tour company could be expected to capture a significant portion of the current sightseeing tour company's missiondouble decker tours of washington's mission is to provide safe, reliable and fun sightseeing tours to the visitors of washington, dc using london-style double-decker buses.

Hta, like tourmobile, uses a shuttle system for its passengers and they use 35- to 60-passenger ne:  grayline international is a global company with offices and tours around the world.

Grayline runs the lil red trolley as its service in tours:  zohery tours is a local company that runs 15-passenger vans and 45-passenger coach buses.

In leisure travel, 36% of visitors were solo travelers as compared to 80% of business travelers and 23% of leisure travelers came with children as compared to 6% of business travelers.

Williams* has over 30 years of entrepreneurial experience in international and private sector business development and will act as ddtow's business development manager.

The ddtow plan has the potential for a more rapid growth due in part to new memorial and other venues that are opening in washington in the near future.

Long-term development & exit plangoalsour tours, along with the use of double-decker buses, that target new routes in the city, and aggressive media exposure will allow us to grow over the next five years into a major player in the region.

After year one, we expect a lot of competition in the form of the established tour operators banding together against planideally, ddtow would like to expand into the baltimore, richmond, atlanta and miami markets over the next ten years.

Most of the planned start-up costs are apportioned to the following areas in approximately declining value:purchasing twelve 70-passenger london-style double-decker sightseeing buses, nine of which are open top for beautiful days and nights and three closed top for cold or inclement ions of a sufficient cash reserve to assure timely payment of operating costs of the buses for the first three associated with recruiting, training, and paying operational ing, advertising, and public relations costs, including the cost of setting up a website capable of offering tour information and making online sales and reservations, and related internet marketing, as well as conventional print and broadcast advertising, and public relations strative and legal costs incurred in setting up the business and the tour operations.

Reserve to cover overall operating costs, aside from bus operating costs, over at least the first three months of following chart illustrates the highlights of our business plan over the first three recommend using liveplan as the easiest way to create graphs for your own business your own business decker tours of washington will have as it primary objectives the following elements:to establish and operate a new tour company aiming specifically at touring the monuments, memorials, museums, and government buildings of the capital city as well as touring the historic neighborhoods away from the city implement an organizational and marketing strategy that will, beginning in the first months of operation, achieve an average load per bus of 65-85 percent depending on season and increasing thereafter to 75-100 percent, thereby maximizing revenues and return on investment while reducing achieve revenues of about $14 million by our first full year of tour operations, exceeding $20 million by our third year.

Also to expand into newer markets in the baltimore-washington achieve net operating profits of 60-70 percent within the first 12 months of tour operations and steady growth enabling rational expansion of the company achieve the following results starting with twelve 70-passenger london-style doubledecker buses obtained through purchase to serve the touring public in washington and incrementally expanding the fleet as demand gear operations, and present a professional, serious, growth-oriented image from the outset, that will set the stage for a reasoned, planned expansion, mirroring growth rates projected for the first years of an element critical to achieving ddtow's other key objectives, to identify and develop strategic alliances through the dc chamber of commerce, the greater washington board of trade, the washington convention and tourism corporation and other washington associations and tourism descending order of importance, the five critical keys to success for double decker tours of washington are:employing an experienced, highly professional management team that combines vision; realism; financial ability; solid knowledge of the washington tour/sightseeing market; familiarity with, and belief in, the utilization and benefits of the latest computer informational technologies; realization of the crucial importance of an organization personnel to its success; and a total commitment to the overall mission and goals of double decker tours of igent, progressive, and aggressive marketing that identifies the company as a different kind of player, one that is sharper and smarter, with a higher level of professionalism and operational standard than is the norm in the washington region.

With a combination of clean buses, friendly and informative and helpful driver guides along with outstanding customer service, ddtow intends to lead the other companies and make our standards their your own business plan »your business plan can look as polished and professional as this sample plan.

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