5 pages in length. This is an excellent example paper that can be applied to any business. Analyzes the strategy to improve the profitability of the Coral Divers Resort. Executive summary makes recommendation based on an industry wide study. The paper explains how by enhancing assets that are already in place and doing an efficient and well thought out advertising campaign, Coral Divers Resort can increase profits dramatically within a relatively short timeframe. This comprehensive paper includes graphs for financial analysis.
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By enhancing assets that are already in place and doing an efficient and well thought out advertising campaign, Coral Divers Resort can increase profits dramatically within a relatively short timeframe.
Coral Divers Resort will distinguish itself in the area industry for its exciting adventure dives and capable staff. With a beachfront location and family restaurant at the location, this
resort will become one of the most popular vacation destinations in the Bahamas. With minimal investment Coral Divers Resort will be able to turn a considerable profit within the first
two years. Adding or changing staff to include a scuba dive instructor familiar with feeding sharks, along with the chain mail suit that will be needed will be one
of the bigger initial start up costs. Later on remodeling some of the resort units so that more guests can stay comfortably will be a high priority. Advertising in
major magazines will be a new focus as well. In order to establish a name as a well-known resort famous for the beautiful underwater scenery and exciting dive adventures will
mean getting the name out to as many people as possible Local advertising will be important as well so that all dives will be full and several more dives can
be added each day. By picking up divers at their area hotels this is a complimentary service that will bring in even more business. The restaurant on-site can also
see some improvements so that it too can become a profit center. With an excellent location and most of the necessary equipment already in place, it should be relatively
easy to increase the Coral Diving Resorts business and focus on becoming well-known for adventure diving tours. This is a business that can choose to grow greatly with time.