Online classes with presentation of business plans for the tourism industry

25.11.2020 | 17:27

On November 24, 2020, Olga Bilaniuk, a lecturer at the Department of Tourism, conducted an extended online lesson on the subject «Business Economics». 4th year students majoring in «Tourism» and «Hotel and Restaurant Business» within the educational program of the subject presented business plans of their future companies (travel agencies, tour operators, restaurants, cafes, hotels and hostels). Students described the applied aspects of business planning for the creation and development of the enterprise.

The business plan covers almost all functional areas of the enterprise, from a detailed description of the technology of the business project and ending with a thorough financial calculations of business efficiency. Therefore, its development and implementation control (in the future) significantly contributes to both increasing efficiency and reducing risks in starting new areas of business. The planning process is an integral natural element of managing the creation, operation and development of each economic agent, because it allows not only to anticipate the most important economic characteristics and parameters of management, but also to agree on the mission and goals, strategy and tactics of enterprise development. implementation.