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ENTREPRENEURSHIP
  MANAGEMENT
    Business Plan of

 Hotel View Point
        Matheran
   Submitted by:
   Mohammad Irfan
    34
   Shoaib Shaikh
    50
   Sheikh Abdul Bur
    51
Business Name

Hotel View Point
 “The Perfect place to spend your vacation”
Why Matheran?
   Matheran is a city and a Hill Station municipal council in Raigad
    district in the Indian state of Maharashtra. It is a hill station in Karjat
    Tahsil and is also the smallest hill station in India.


   The name Matheran means "forest on the head" (of the mountain).


   It is located on the Western Ghats range at an elevation of around 800
    m (2,625 feet) above sea level. It is located around 90 km from
    Mumbai, and 120 km from Pune.


   Matheran is connected to the town of Neral which lies at the base of
    the hills. A tar road connects Neral to Dasturi Naka which is 9 km (5.8
    miles) from Matheran
   Matheran is an eco-sensitive region, declared by the Ministry of
    Environment and Forest, Government of India. It is one of the few places in
    the world where vehicles are not allowed, which makes the place different
    from others.


   Because of vehicles being banned in Matheran, the place is quite peaceful
    despite the thousands of visitors coming to visit throughout the year.


   Places of interest:
   There are altogether 28 points, 2 lakes, 2 parks, 4 major worship places
    and a racecourse to visit inside Matheran. If you want to see all of them
    then you may need 2–3 days on your feet. One can move around on foot or
    horseback.


   Mount Berry is a popular tourist destination that is located 5+ km from
    Matheran. It offers a bird’s eye view of Neral. The major attraction is the
About Hotel View Point
The Hotel View Point will be located in Matheran so that
visitors may enjoy the best that Matheran can offer every
season.
The Hotel View Point will house 18 impeccably clean
rooms:
       10 Regular
       5 Executive
       3 Presidential
 Hotel has all the facilities that one could ask for and to
  name a few, we have a Restaurant serving Veg and
  Non Veg, cuisine with all varieties ranging from
  Indian, Chinese, Continental food.
 Dinning     Hall with a seating capacity of 65-70 persons
Business Idea
   The main idea is provide a            friendly,   clean
    environment for guests and diners.

   Rooms and meals will be affordable.

   Staff will focus on providing a romantic and enjoyable
    atmosphere to its guests and diners.

   Helping desk will offer local maps and suggestions on
    where to shop, dine, and site-see. Even appoint the
    guide for the guests.
Types of Rooms Will Be Offered

Regular Rooms            Executive Rooms            Presidential Room
•Smaller sized           •Medium sized              •Largest room
•Great for families or   •Great for families or a   •Perfect for a romantic
a single person          couple                     weekend!
•Queen size bed or       •King sized bed or queen   •California King bed
two double beds          sized bed and pull out     •Couch
•Desk                    couch                      •Coffee table
•TV                      •Desk                      •Desk
•Couch                   •TV                        •TV
•Closet                  •Closet                    •DVD player
•Full Bathroom           •Couch                     •Closet
                         •Mini-refrigerator         •Dining table
                         •Full Bathroom             •Small kitchen complete
                                                    with microwave, sink, and
                                                    refrigerator
                                                    •Full Bathroom with double
                                                    sinks, a Jacuzzi tub/ shower
Facilities and Services
   Room Service
   Complimentary Pillow or Extra Bed arrangements
   Complimentary Internet Service
   Balcony
   Private Bathrooms
   In-room Breakfasts
   Ayurvedic Massage as per the request
   Guide arrangements
   Helping desk will offer local maps and suggestions on
    where to shop, dine, and site-see. Even appoint the guide
    for the guests.
Location
   Located in the heart of Matheran
    and close to all the tourist
    attractions, makes it the ideal
    place to relax and to explore the
    beauty of Matheran.

   Set     in    2     Acres    with
    greenery, beautiful garden and
    with    spectacular    views   of
    mountain ranges and panoramic
    valleys, the Hotel is a 2-minute
    walking from Matheran Station.

   It is the perfect base from which to
    explore the fascinating flora and
    fauna of the region and embark on
    your adventures or have an easy-
    paced vacation.
Staff
The amount of staff engaged in hotel activity largely depends on the status of
the hotel.

The Hotel View Point will have 22 staff which categories into different sections of
the hotel.
     Occupation        Numbers of Staff         Salary (p.m)
 Room Service Boy               12           12 * 5000= 60000
      Reception                 01             1 * 6500= 6500
     Dining Area                03            3 * 4000=12000
        Chief                   02            2 * 6000= 12000
     Watchman                   02             2 * 4000= 8000
       Gardner                  01             1 * 3000= 3000
         Gym                    01             1 * 3000= 3000
        Total                   22                 104500
Why Hotel View Point?
   The Hotel View Point has an in house restaurant
    that can provide food for guests and the general
    public.

   The Hotel provide delicious food both in Veg and
    Non Veg food, Chinese and Continental.

   The Hotel View Point has choices for rooms instead
    of one standard room.

   The Hotel View Point will provide a romantic
    environment with a mix of décor to suite everyone’s
    tastes.
Who Are Potential
Competitors?
    Name of Hotel        Product/Service      Price

                                             Rs 500-
 Hotel Preeti Matheran        Hotel
                                             Rs1500

    Sayeban Hotel             Hotel        Rs 500-2500

                                             Rs 500-
                              Hotel
   Hotel Panorama                             1000

 Hotel Relax Pvt. Ltd.        Hotel        Rs 500-900
What Is The Competitive
    Advantage?
   Many Room Options
   Dining area on the premises
   Convenient Dining Hours
   Great Tourism Location
   Close to Railway Station
   Access to market attractions
   Many amenities
What is the Business Organizational
Structure?
   The Hotel View Point and Restaurant will be
    opened in partnership.

   Because a partnership disperses the financial
    burden.

   There are 3 partners in which financial activity
    is been divided
What does Partnership for Hotel
means?
   Sharing of Ideas: We’ll be the contributors of all
    ideas of the business. We’ll exploit our knowledge in
    marketing, finance, management, and accounting.


   Raising Capital for future expansion: After running
    our business for about 10 years successfully, I will
    consider taking some of our profits and invest them
    back        into        the     business         for
    expansions,       additions,    upgrades,       and
    refurbishments.
Who Is The Target Customer?
   Couples looking for a romantic weekend at
    hilly region in Matheran .

   Potential customers can be of any social
    status; however, due to room rates, the
    customer will probably be middle class to
    upper middle class.

   The Hotel View Point is surrounded by a
    romantic atmosphere it is aiming to bring in
    adults of both genders
Business Plan
   The Hotel View Point will offer guests a
    romantic environment with antique décor.

   Rooms will be priced from Rs150-Rs300.

   The Hotel View Point will offer holiday and
    lengthy stay deals.

   Diners will have many food options with the
    reasonable price.
Advertisement



The Perfect place to spend your vacation!

         Near Matheran Railway Station
         Phone: 91(603) 654-6091
         viewpoint@yahoo.co.in
                                                With friendly service, cozy
                                            rooms, and great meals, Hotel View
                                            Point is the perfect place to go for
   Business Card                                   an enjoyment vacation!
                                             Rooms range from Rs150- Rs350

                                                        Near Matheran
                                                        Railway Station

                                                      Phone: 91(603) 654-
Advertisement
   The advertisement would be done through
    newspaper.
   There should be banner or holdings outside
    the railway station both Matheran and Neral.
   As we getting the market than move towards
    the website and other media advertisment.
Financial Statements
 Economics of Regular Rooms
      Selling price per unit-          Rs150.00
              Cost of goods sold per unit-
         Laundry:                      Rs 10.00
         Cleaning:                     Rs 10.00
         Soaps:                        Rs 5.00
         Stationary:                   Rs 2.00
         Total:                        Rs 27.00
         25% overhead:                 Rs 6.75
         Total:                        Rs 33.75

      Gross Profit per Unit:         Rs116.25
Economics of Executive
Rooms
     Selling price per unit-          Rs250.00
             Cost of goods sold per unit-
        Laundry:                      Rs 10.00
        Cleaning:                     Rs 10.00
        Soaps:                        Rs 5.00
        Stationary:                   Rs 2.00
        Total:                        Rs 27.00
        25% overhead:                 Rs 6.75
        Total:                        Rs 33.75

     Gross Profit per Unit:         Rs216.25
Economics of Presidential
Room
     Selling price per unit-          Rs350.00
             Cost of goods sold per unit-
        Laundry:                      Rs 10.00
        Cleaning:                     Rs 10.00
        Soaps:                        Rs 5.00
        Stationary:                   Rs 2.00
        Total:                        Rs 27.00
        25% overhead:                 Rs 6.75
        Total:                        Rs 33.75

     Gross Profit per Unit:         Rs316.25
Start-up Costs
                                             Start- Up Capital
                                              Requirements
                         Estimated
  Start-up Expenses                      Where will we buy these? + info                       Items
                          costs Rs
                              INR     call paper and magzines to see if they
     Advertising                                                                 Yellow Pages and News Papers
                           3,000.00     will write an article+ yellow pages
                              INR
  Starting Inventory                        Food from local vendors                     Food for Resaurant
                          10,000.00
                              INR
Building construction                 use family help and family discounts        Lumber, electric, plubing, etc.
                         750,000.00
                                      Misc. Places including antique stores,
                            INR
     Decorating                       pottery barn, dept. stores, etc. Lowes, Linens, Pictures, rugs, furniture, etc.
                         30,000.00
                                                   Home Depot
                             INR
      Deposits                                        Misc.                         Electric, Phone, Water, Etc.
                          8,000.00
                             INR                                               Kitchen supplies, smoke detectors,
Fixtures and equipment                 Walmart, lighting places, sears, etc.
                         30,000.00                                                    sprinklers lights, etc.
                             INR
      Insurance                                    The Hartford
                         20,000.00
Licenses, permits, and       INR
                                                      Misc.
        fees             25,000.00
                             INR
      Services                                        Misc.                       Lawyer, accountant, trash, etc.
                          5,000.00
                             INR
        Signs                                      Barlo Signs                            Entrance signs
                          1,000.00
                             INR
      Supplies                                Staples, wholesalers               Paper, cleaning, office supplies
                          2,500.00
                             INR
Sources of Financing

                    Rs
Personal Investment 3,00,000
Loans               5,00,000
Other Borrowing     1,50,000
Total               9,50,000


Maximum Interest
Rate                     12%
Return On Investment
     For The First Year of Business

Formula: ROI= Rs219,348* – Rs 909,500
    (100)            Rs 909,500

               ROI=    -75%

* Gain From the first year of Business
Technology

                           Gateway Computer: To Keep Good Records
Computer, Telephone, Fax   Telephone: To receive and cancel reservations

                           To inform guests of confirmations, deals,
        E-mail             cancellations, local weather, etc.
Future Additions
   More rooms
   More dining area
   Pool
   Event planning services
   Conference Room
   Website
   Online booking facility
   Credited card accepted facility
How to Keep Hotel View Point
Success:
    Maintain Cleanliness
    Keep staff friendly and happy
    Keep guests happy
    Offer deals
    Continuously present something new and
     exciting to keep customers interested
How to Tell If Hotel View Point
Are Successful
   Returning Customers
   Good Reviews from Critics
   Smiling Customers!
Entrepreneurship management
Entrepreneurship management

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Entrepreneurship management

  • 1. ENTREPRENEURSHIP MANAGEMENT Business Plan of Hotel View Point Matheran
  • 2. Submitted by:  Mohammad Irfan 34  Shoaib Shaikh 50  Sheikh Abdul Bur 51
  • 3. Business Name Hotel View Point “The Perfect place to spend your vacation”
  • 4. Why Matheran?  Matheran is a city and a Hill Station municipal council in Raigad district in the Indian state of Maharashtra. It is a hill station in Karjat Tahsil and is also the smallest hill station in India.  The name Matheran means "forest on the head" (of the mountain).  It is located on the Western Ghats range at an elevation of around 800 m (2,625 feet) above sea level. It is located around 90 km from Mumbai, and 120 km from Pune.  Matheran is connected to the town of Neral which lies at the base of the hills. A tar road connects Neral to Dasturi Naka which is 9 km (5.8 miles) from Matheran
  • 5. Matheran is an eco-sensitive region, declared by the Ministry of Environment and Forest, Government of India. It is one of the few places in the world where vehicles are not allowed, which makes the place different from others.  Because of vehicles being banned in Matheran, the place is quite peaceful despite the thousands of visitors coming to visit throughout the year.  Places of interest:  There are altogether 28 points, 2 lakes, 2 parks, 4 major worship places and a racecourse to visit inside Matheran. If you want to see all of them then you may need 2–3 days on your feet. One can move around on foot or horseback.  Mount Berry is a popular tourist destination that is located 5+ km from Matheran. It offers a bird’s eye view of Neral. The major attraction is the
  • 6. About Hotel View Point The Hotel View Point will be located in Matheran so that visitors may enjoy the best that Matheran can offer every season. The Hotel View Point will house 18 impeccably clean rooms:  10 Regular  5 Executive  3 Presidential Hotel has all the facilities that one could ask for and to name a few, we have a Restaurant serving Veg and Non Veg, cuisine with all varieties ranging from Indian, Chinese, Continental food. Dinning Hall with a seating capacity of 65-70 persons
  • 7. Business Idea  The main idea is provide a friendly, clean environment for guests and diners.  Rooms and meals will be affordable.  Staff will focus on providing a romantic and enjoyable atmosphere to its guests and diners.  Helping desk will offer local maps and suggestions on where to shop, dine, and site-see. Even appoint the guide for the guests.
  • 8. Types of Rooms Will Be Offered Regular Rooms Executive Rooms Presidential Room •Smaller sized •Medium sized •Largest room •Great for families or •Great for families or a •Perfect for a romantic a single person couple weekend! •Queen size bed or •King sized bed or queen •California King bed two double beds sized bed and pull out •Couch •Desk couch •Coffee table •TV •Desk •Desk •Couch •TV •TV •Closet •Closet •DVD player •Full Bathroom •Couch •Closet •Mini-refrigerator •Dining table •Full Bathroom •Small kitchen complete with microwave, sink, and refrigerator •Full Bathroom with double sinks, a Jacuzzi tub/ shower
  • 9. Facilities and Services  Room Service  Complimentary Pillow or Extra Bed arrangements  Complimentary Internet Service  Balcony  Private Bathrooms  In-room Breakfasts  Ayurvedic Massage as per the request  Guide arrangements  Helping desk will offer local maps and suggestions on where to shop, dine, and site-see. Even appoint the guide for the guests.
  • 10. Location  Located in the heart of Matheran and close to all the tourist attractions, makes it the ideal place to relax and to explore the beauty of Matheran.  Set in 2 Acres with greenery, beautiful garden and with spectacular views of mountain ranges and panoramic valleys, the Hotel is a 2-minute walking from Matheran Station.  It is the perfect base from which to explore the fascinating flora and fauna of the region and embark on your adventures or have an easy- paced vacation.
  • 11.
  • 12. Staff The amount of staff engaged in hotel activity largely depends on the status of the hotel. The Hotel View Point will have 22 staff which categories into different sections of the hotel. Occupation Numbers of Staff Salary (p.m) Room Service Boy 12 12 * 5000= 60000 Reception 01 1 * 6500= 6500 Dining Area 03 3 * 4000=12000 Chief 02 2 * 6000= 12000 Watchman 02 2 * 4000= 8000 Gardner 01 1 * 3000= 3000 Gym 01 1 * 3000= 3000 Total 22 104500
  • 13. Why Hotel View Point?  The Hotel View Point has an in house restaurant that can provide food for guests and the general public.  The Hotel provide delicious food both in Veg and Non Veg food, Chinese and Continental.  The Hotel View Point has choices for rooms instead of one standard room.  The Hotel View Point will provide a romantic environment with a mix of décor to suite everyone’s tastes.
  • 14. Who Are Potential Competitors? Name of Hotel Product/Service Price Rs 500- Hotel Preeti Matheran Hotel Rs1500 Sayeban Hotel Hotel Rs 500-2500 Rs 500- Hotel Hotel Panorama 1000 Hotel Relax Pvt. Ltd. Hotel Rs 500-900
  • 15. What Is The Competitive Advantage?  Many Room Options  Dining area on the premises  Convenient Dining Hours  Great Tourism Location  Close to Railway Station  Access to market attractions  Many amenities
  • 16. What is the Business Organizational Structure?  The Hotel View Point and Restaurant will be opened in partnership.  Because a partnership disperses the financial burden.  There are 3 partners in which financial activity is been divided
  • 17. What does Partnership for Hotel means?  Sharing of Ideas: We’ll be the contributors of all ideas of the business. We’ll exploit our knowledge in marketing, finance, management, and accounting.  Raising Capital for future expansion: After running our business for about 10 years successfully, I will consider taking some of our profits and invest them back into the business for expansions, additions, upgrades, and refurbishments.
  • 18. Who Is The Target Customer?  Couples looking for a romantic weekend at hilly region in Matheran .  Potential customers can be of any social status; however, due to room rates, the customer will probably be middle class to upper middle class.  The Hotel View Point is surrounded by a romantic atmosphere it is aiming to bring in adults of both genders
  • 19. Business Plan  The Hotel View Point will offer guests a romantic environment with antique décor.  Rooms will be priced from Rs150-Rs300.  The Hotel View Point will offer holiday and lengthy stay deals.  Diners will have many food options with the reasonable price.
  • 20. Advertisement The Perfect place to spend your vacation! Near Matheran Railway Station Phone: 91(603) 654-6091 viewpoint@yahoo.co.in With friendly service, cozy rooms, and great meals, Hotel View Point is the perfect place to go for Business Card an enjoyment vacation! Rooms range from Rs150- Rs350 Near Matheran Railway Station Phone: 91(603) 654-
  • 21. Advertisement  The advertisement would be done through newspaper.  There should be banner or holdings outside the railway station both Matheran and Neral.  As we getting the market than move towards the website and other media advertisment.
  • 22. Financial Statements Economics of Regular Rooms Selling price per unit- Rs150.00 Cost of goods sold per unit- Laundry: Rs 10.00 Cleaning: Rs 10.00 Soaps: Rs 5.00 Stationary: Rs 2.00 Total: Rs 27.00 25% overhead: Rs 6.75 Total: Rs 33.75 Gross Profit per Unit: Rs116.25
  • 23. Economics of Executive Rooms Selling price per unit- Rs250.00 Cost of goods sold per unit- Laundry: Rs 10.00 Cleaning: Rs 10.00 Soaps: Rs 5.00 Stationary: Rs 2.00 Total: Rs 27.00 25% overhead: Rs 6.75 Total: Rs 33.75 Gross Profit per Unit: Rs216.25
  • 24. Economics of Presidential Room Selling price per unit- Rs350.00 Cost of goods sold per unit- Laundry: Rs 10.00 Cleaning: Rs 10.00 Soaps: Rs 5.00 Stationary: Rs 2.00 Total: Rs 27.00 25% overhead: Rs 6.75 Total: Rs 33.75 Gross Profit per Unit: Rs316.25
  • 25. Start-up Costs Start- Up Capital Requirements Estimated Start-up Expenses Where will we buy these? + info Items costs Rs INR call paper and magzines to see if they Advertising Yellow Pages and News Papers 3,000.00 will write an article+ yellow pages INR Starting Inventory Food from local vendors Food for Resaurant 10,000.00 INR Building construction use family help and family discounts Lumber, electric, plubing, etc. 750,000.00 Misc. Places including antique stores, INR Decorating pottery barn, dept. stores, etc. Lowes, Linens, Pictures, rugs, furniture, etc. 30,000.00 Home Depot INR Deposits Misc. Electric, Phone, Water, Etc. 8,000.00 INR Kitchen supplies, smoke detectors, Fixtures and equipment Walmart, lighting places, sears, etc. 30,000.00 sprinklers lights, etc. INR Insurance The Hartford 20,000.00 Licenses, permits, and INR Misc. fees 25,000.00 INR Services Misc. Lawyer, accountant, trash, etc. 5,000.00 INR Signs Barlo Signs Entrance signs 1,000.00 INR Supplies Staples, wholesalers Paper, cleaning, office supplies 2,500.00 INR
  • 26. Sources of Financing Rs Personal Investment 3,00,000 Loans 5,00,000 Other Borrowing 1,50,000 Total 9,50,000 Maximum Interest Rate 12%
  • 27. Return On Investment For The First Year of Business Formula: ROI= Rs219,348* – Rs 909,500 (100) Rs 909,500 ROI= -75% * Gain From the first year of Business
  • 28. Technology Gateway Computer: To Keep Good Records Computer, Telephone, Fax Telephone: To receive and cancel reservations To inform guests of confirmations, deals, E-mail cancellations, local weather, etc.
  • 29. Future Additions  More rooms  More dining area  Pool  Event planning services  Conference Room  Website  Online booking facility  Credited card accepted facility
  • 30. How to Keep Hotel View Point Success:  Maintain Cleanliness  Keep staff friendly and happy  Keep guests happy  Offer deals  Continuously present something new and exciting to keep customers interested
  • 31. How to Tell If Hotel View Point Are Successful  Returning Customers  Good Reviews from Critics  Smiling Customers!