Business Consultancy Services to the hospitality and tourism sectors

1834 Hospitality offer a variety of additional business consultancy services that can be tailored to your business requirements. We would be pleased to speak to you about your business and areas where potential improvement can be made. Some of the consultancy services we offer include:

Business Planning

A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. Business plans may also target changes in perception and branding by your customers, client, taxpayer, or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is generally best practice.

Strategic Planning

Strategic planning is an organisation’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. A strategic plan is established in order to determine the direction of the organization,  and is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. Generally, strategic planning deals with at least one of three key questions

  1. “What do we do?”
  2. “For whom do we do it?”
  3. “How do we excel?”

In many organisations, this is viewed as a process for determining where an organisation is going over the next year or—more typically—3 to 5 years (long term), although some extend their vision to 20 years.

Feasibility Assessment

If you have an idea for a new business but don’t know how to proceed or even whether it will be profitable, we suggest some feasibility planning. A Feasibility Assessment will consider the idea in sufficient detail to identify its potential profitability and the challenges you may face. From that point you can make a more informed decision about proceeding.

Financial Management

We provide a range of services, to assist organisations to better understand and manage their finances. These includes working with you to understand financial statements, improve your financial control, forecast cashflow, analyse financial performance & budgeting.

 

Business are all different – to stand out from the crowd and best operate your business please contact us to discuss how we can tailor a solution for your organisation.

For a confidential conversation, phone Chief Executive Officer, Andrew Bullock on 0409 098 708 or email andrew@1834hotels.com.au

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