Developing a for the Establishment of a Particular Resort in the Chitwan Region of Nepal - Business Plan Example

The results obtained from the research suggested that the hospitality industry of the country is growing rapidly owing to the increasing flow of tourists over the last few years. This aspect has benefited the country in the form of economic growth. The data acquired from tourism board also depicted that the earning of the country from the hospitality sector has also increased in the last five years following the high flow of international tourists in Nepal. These are all considered as positive aspects associated with the hospitality sector, which will benefit Everest in its operations one way or the other.

However, the ever-increasing competition within the sector might create certain problems for Everest Resort and its business in Nepal. Additionally, a brief marketing and financial plan have been presented in the paper to assist Everest with its goal to flourish in the market of Nepal. Business, in the present day scenario, has become quite challenging owing to the aspect that the level of competition in every sector has enhanced considerably. Companies operating in numerous sectors of the world have the need to operate with proper planning and execution so that an appropriate set of results could be assured.

This will work towards ensuring the long-term sustainability and the existence of the business in a competitive manner. Contextually, with regard to initiating a new business, proper planning is highly desired so that sustainable results can be guaranteed (Brotherton, 2012). With due considerations to this particular aspect, it can be determined that when initiating an exclusive and luxurious resort in the Chitwan region of Nepal, a systematic business plan will be needed. Contextually, the aim of this particular business plan has been focused on developing a systematic timeline with which, the proposed business of establishing an exclusive and luxurious resort in Nepal can be executed effectively.

It must also be mentioned that in the process of completing the business plan for this proposed business, relevant data will be collected from noteworthy and reliable sources. The business proposal will also serve as a medium through which, the investors will be attracted to invest funds in the venture.