Assignment on Business Planning (Structure, Production & Expenditures)

Business Structure of Al Barak Travel & Tours Oman

I have adopted the “small and medium size” business organization structure as I have limited investment resources. It is easy for me to handle the working and employees. SME’s enterprises are most common form of business in Oman (Siakalli, 2017).

Scope of Operation of Al Barak Travel & Tours Oman

The operation of Al Barak Travel and Tours Oman is based on local and international level. With help of IT professional staff I will use social media and digital marketing technique for targeting the customers. First of all, I am offering the services for famous sites of Oman that inside or nearby cities. I have chosen places for tourists and my business operation will revolve around it (Mike McKeever, 2016).

 Regulatory Requirements of Al Barak Travel & Tours Oman

I have fulfilled the Omani legal requirements for starting new travel and tourism company in Oman. I have hired a legal professional consultant for completing the legal process and requirement. I have now,

1.      Company registration

2.      License of Travel and tourism agent

3.      License of Marine Activities

4.      License of Entertainment & Leisure

5.      License for tourism transportation

6.      License for managing hotel and tourism accommodation

 I have sought all the government and agencies permissions with certificates or license hold by company. Now I can start my own or personal business company “Al Barak Travel and Tours Oman” (Jehanzeb, 2013).

Location map of Al Barak Travel & Tours Oman

The most important step I have taken with the help of IT professionals uploaded location map on internet. It helps the local and international tourists to find the office of company without trouble.

Production Arrangement of Al Barak Travel & Tours Oman

I have developed a complete business plan for managing the affairs of “Al Barak Travel and Tours Oman”. In company, the leadership and management have focus on production of packages for tourist (Bromley, 2019).

Layout of Al Barak Travel & Tours Oman

The layout or design of products or services has strong important as its layout have strong influence on selling the products. I have divided the layout of products or services in three layers like as

·         Lower Budget Tour Packages

·         Average Budget Tour Packages

·         High level Budget Tour Packages

Processes of Al Barak Travel & Tours Oman

I have settled a process for local and international customers for purchasing company services or products of tour packages. I have designed per day package for lower, middle and high level budget tourist. By visiting our office personally or through online the customer with just 30% payment first can purchase our packages (Chang, 2016).

Monthly Activity Schedules of Al Barak Travel & Tours Oman

I have scheduled working activities on daily basis, weekend basis, holiday, summer vacations and other special days targeting activities.

I have developed a chart for taking the tours to the destinations after completing the number of tourists with time.

Distribution of Al Barak Travel & Tours Oman

The company has distributed the staff such as tourist guiders, security staff, drivers and other staff for working. I have also distributed the tangible and intangible resources for working with time.

Memberships & Affiliations

The company offer membership and affiliation scheme for tourist and gives them less at the peak season. The permanent member has various bonus or incentives time to time (Ernawati, 2017).

Communication and Trading hours

The company management has divided the trading 24 hours in off time and peak time for trading. The management of company have communication for coordination among each other.

Possible needs and the expenditure Table

The leadership and management of “Al Barak Travel and Tour Oman” has developed a table for needs and the possible expenditures (AP Consulting, 2019).

Needs and Funds
Startup Assets of Al Barak Travel & Tours Oman

Al Barak Travel and Tour Oman has the following assets and expenses after its establishment as like given

Startup Expenses

 Conclusion of Al Barak Travel & Tours Oman

From the analysis of above data, it concluded that Oman is has strong strategic importance as in Persian and Arabian Gulf. The strategic location, oil and gas reserves plays vital role in becoming economically stable country. The peace of country in region invests the investors for investing in Oman. It concluded that the social, cultural and high income rate is best for establishing company. I have established “Al Barak travel and tour Oman” with low investment for serving the local and international visitors. It estimated that almost 2 million visitors are coming in Oman and travel & tour business is a global opportunity as it is emerging field. The legal system supports the business and encourage for business as Oman leadership want to shift economy from oil to other diversified economic fields. The political, social and cultural environment support the business activities especial travel and tourism activities.

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