How to Start a Small Business
Starting a Family Resort
Opening a family resort is your ticket to owning a good, stable business if you do it right. We offer a friendly, comprehensive guide that may be key to your ultimate success.
Wondering how to start a family resort? We take you step-by-step from start to success.
Business Plan Mechanics for Family Resorts
Haven't created a business plan for your family resort yet? You could be in big trouble.
Rather than avoiding your business plan, keep your business plan simple. Even though there are certain issues your plan needs to address, business plans are fluid documents that are intended to adapt alongside your family resort.
Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.
Assess the Competition
Long before you open a family resort in your town, it's worthwhile to find out how strong the competition is. We've provided the link below to help you generate a list of competitors near you. Simply enter your city, state and zip code to get a list of family resorts in your town.
How are you going to successfully complete with existing firms? It's important that you never underestimate the competition.
Find Good Remote Business Advice
If you are interested in starting a family resort, it's a wise move to talk to somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. What's in it for them?
However, a fellow entrepreneur who has started a family resort outside of your community may be more than happy to give you a few tips, as long as they don't view you as a competitive threat. In that case, the business owner may be more than happy to discuss the industry with you. If you are persistent, you can find a business mentor who is willing to help you out.
What's the best way to find a family resort owner who is willing to talk to you but doesn't live nearby?
Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.
Why You Should Buy (Instead of Start) a Family Resort
We know . . . From the time you were a kid you dreamed about starting a business from scratch and growing it to a position of market dominance.
Yet a healthier and safer strategy may be to purchase an existing family resort.
When you buy an existing company, you get a functional (and presumably profitable) company from day one. As an added bonus, you'll also gain the ability to headaches and hassles of startup trial-and-error.
Don't Rule Out Franchising
As an entrepreneur, your chances achieving your top business goals are much greater when you choose to franchise instead of doing it all on your own.
Before opening a family resort, you would be wise to check out whether there are good franchise opportunities available that might simplify your entering the business.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
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