kong seung jin (2)
TRANSCRIPT
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HUSF KOREAN CULTURE HOTEL
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MISSION STATEMENT
Key market : our first aim is China, as weget successful we will enlarge our business.
Contribution: provide rooms with diversethemes. / women only spa available /breakfast of their choice
Distiction (what makes us unique): create anew market. / diverse rooms of different
themes. / can watch Korean tv 24/7 /women only spa / reasonable pricecompared to actually going to Korea
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MISSION STATEMENT
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Description of Products/Services
PROVIDE ROOMS OF DIFFERENTTHEMES regarding on korean culture
(,,)
GIVE Korean style breakfast
Korean traditional sauna room
Women- only spa
Golf for men
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Business Strategy
Three Strategic Options :
Cost leadership
Differentiation
Focus
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Marketing strategy(advert)
- cooperation with neighboring stores
(ex; golf, restaurant, korean town.)
- guide book
- advertising through TV, Radio,newspaper
- opening our blog
- signing up HUFS HOTEL onaccomodation web-site.
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SWOT Analysis
- Difference compared to otheraccomodation (unique)- Cost effectiveness forcustomer
-Seasonal demand Not enough-Not enough capital for buildingaccomodation- Lacking of domestic
information
- Increasing number of visitor in
china from other countries- Economical growth of china- Possibility of franchising
-A lot of existing and potential
competitors- Influence by korea and chinarelationship
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Management summary 1
Organization structure
- Owner 1, manager 2, house keeper 6 Personnel plan (1 years)
- Owner y1(20,000,000)
- Manager y1 (15,000,000)- Manager y1 (15,000,000)- House keeper y1(10,000,000)- House keeper y1(10,000,000)- House keeper y1(10,000,000)
- House keeper y1(10,000,000)- House keeper y1(10,000,000)- House keeper y1(10,000,000)
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Management summary 2
owner
House
keeper
House
keeper
House
keeper
House
keeper
House
keeper
House
keeper
manager manager
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Target market
China asian Korea Westernvistors
20
30
40
50
Targetcostomer
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Market analysis
()
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Financial plan
Start-up Cost Start-up Cost
350,000,000w (taking over building)
11,000,000w (personnel expense)
200,000,000w (interior fee)
39,000,000w (other costs)
100,000,000w (financial loan)
300,000,000w (of personal savings from ours)
200,000,000w (frome investor)
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