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PHOEBE AFRICAN TOURS BUSINESS PLAN

PHOEBEAFRICAN TOURS will begin operations next year and provides adventure and travel packages to Ugandans and other foriegners .An opportunity for success exist because the natioanl travel industry is projected to trend around 1400.00 thousand in 2022 according to the econometric models. PHOEBEAFRICAN TOURS is researching the market to identify potential opportunities for future sales in this rapidly changing environment. PHOEBEAFRICAN TOURS long term goal is to establish itself as an internationally recognised provider of top of the line adventure travel,it has established relationships with providers of travel related products and services.Two major airlines have been selected as our primary ticket providers in part because they do not cap the agents profit on tickets and this allows us to capture 5% margin on ticket sales. PHOEBEAFRICAN TOURS will take advantage of trade shows ,travel industry publications and other sources of industry related information to monitor the quality of its offering. PHOEBEAFRICAN TOURS will start as a small organisation and its employees share in management duties and decision making.prerequisites for all PHOEBEAFRICAN TOURS employees include atleast five years of travel industry experience ,knowledge and ability in the the types of activities PHOEBEAFRICAN TOURS will promote. Prices will be competitive with the remainder of the market.The companys estimated sales for the first year operations are approximately 44,187,500 ugx increasing annually for the next four years. PHOEBEAFRICAN TOURS will begin operations with five full-time positions.The positions include the following; general manager, marketing manager,advertising manager,accountant and five travel agents. The company does not expect any problems with expenses or cash flow in the next four years .Annual cash flow for the first year of operation becomes positive.

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Author: njunaki phoebe
Contributed by: asbat digital library
Institution: makerere university
Level: university
Sublevel: under-graduate
Type: plans