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Effective trainings for people in hospitality and tourism
Effective trainings for people in hospitality and tourism
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28<br />
CONTROLLING IN HOSPITALITY INDUSTRY<br />
FEASIBILITY OF INVESTMENTS<br />
HOW TO DO A FEASIBILITY STUDY OF A POTENTIAL<br />
INVESTMENT<br />
What is the feasibility of my investment?<br />
Is there a real need <strong>to</strong> perform a feasibility study or can we rely on our instincts?<br />
How often do we really check the feasibility of an investment? The goal of a study<br />
is not only <strong>to</strong> check the viability of a project but also <strong>to</strong> determine potential positive<br />
and negative outcomes before investing a significant amount of time and money<br />
in<strong>to</strong> it.<br />
Doing the feasibility study, we are forced <strong>to</strong> consider various fac<strong>to</strong>rs affecting the<br />
future business of the operation that we might not encounter otherwise. Feasibility<br />
studies also allow a business <strong>to</strong> address how it will operate, potential obstacles,<br />
competition and the funding needed <strong>to</strong> get the business up and running.<br />
CONTENT<br />
The key points<br />
n Business development context<br />
n Market trends and outlook<br />
n Positioning and the project concept<br />
n Investment<br />
n Financial projections<br />
n Financial feasibility and evaluating<br />
techniques and indica<strong>to</strong>rs for the<br />
project<br />
TRAINER<br />
Ružica Herceg, BA – HD Consulting<br />
TARGET AUDIENCE<br />
Managers and employees in business development and strategic departments,<br />
Financial and Market Analysts, Controlling Managers, and Financial<br />
Managers<br />
DURATION OF THE PROGRAM 1 Day<br />
MAX. NUMBER OF PARTICIPANTS 15<br />
LANGUAGE CROATIAN OR ENGLISH<br />
BASIC<br />
ADVANCED
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