Submit the final version of your paper for Final Project One, which includes all critical elements (introduction, profile, and conclusion) within a single document. It should be a complete, polished artifact containing all of the critical elements of the final product. It should reflect the incorporation of feedback gained throughout the course.

This is the last milestone. Milestone 1&2 papers have already been completed and it will need to be added to this assignment as well which i will upload them. This last part of the assignment is the conclusion part.

Conclusion

a. Summarize how the company utilizes the fundamental principles of management to ensure optimal performance. You could consider
the actions taken by this company if optimal performance is not met.

b. Analyze the decision-making strategies of the company for how they consider all the parts of the company as an interrelated system. You
could consider how the decision-making strategies of the company align with a systems thinking approach.

Organizational Skills Assessment

Think about the skills you have gained through coursework, personal experiences, and previous employment that will help you be effective in organizations. Provide a list of skills you possess in each of the following categories: (a) work-content skills, (b) personal attributes (such as communication and self-management), and (c) technology. Explain how each skill might help you in your current career or in the career you intend to pursue, and provide specific examples.

The paper must be two to four pages in length (excluding title and reference pages) and must be formatted according to APA style.

Late or plagiarized work will not receive payment.

My personal comments:

This group
project is simulation to operate a small B&B (Bed & Breakfast). Which located
near Woodbury Common Premium Outlets. The reason why we choose to open a
B&B near this area because this is biggest Outlets in East of United States.
It will bring a lot of shopper come to this area. My inn is a luxury style,
expected to cost around 250 USD for each guest rooms. We have 6 rooms for
guest. It is a family style and include free three course breakfast(which is
most competitive in this area), we also provide free drinks for guests. The
niche is target to shoppers. This Outlets is in 498 Red Apple Ct, Central
Valley, NY 10917. You may need to find out the tax, electric charge, water
rate, insurance price for this small Inn in The State of New York.

This project length at least 17 pages. If you have any question just send me a email: iamwilliamshen@gmail.com

I.Site Evaluation

A. Complete a location evaluation.

1.What is the site you have chosen? It should include a detailed evaluation of the property to be purchased or converted to a B&B. Include a complete review of the real-estate listing for either the existing inn or for the building and site to be converted to an inn.

2.What is the current concept of the inn and what is your proposed concept?

3.Identify at least three major tourism draws for the area.

B. Discuss the results of this evaluation in detail. Discuss the problems (i.e. weaknesses and

opportunities) that are apparent from the analysis of your building and site. Is this a truly viable location for a small lodging property? Why or why not?

1.What are the annual earning potentials based on room rate, season and competitive set?

2.Calculate and include breakeven point both in $$$ and in units.

3.What is the business trend for the location of your proposed inn? This discussion could include: tax records, population increases, new economic activity in the area, any regular events e.g., sporting, fishing, or municipal events i.e. River-fire.

C. Provide a preliminary design for the property. Diagrams of the floor designs must be provided. Include at least all the following spaces:

1. Space for owner(s)/family to live (innkeepers’ quarters).

2. Bedrooms/suites for guests

3. Bathrooms for guests (individual vs. shared,

4. Bathroom in common area for guest use – optional

5. Indoor common/lounging area for guests

6. Kitchen for breakfast preparation

8. Dining area

9. Outdoor lounging/eating area/recreational area

II.Identify and discuss the permits needed to renovate or operate a small lodging property at the chosen location.

1.Business license

2.Tax license

3.Occupancy or room license

4.If you employ people what do you need both Federal, state and local?

III.Zoning & Building Codes

Please note which city you used Provide a link to the zoning and/or planning code requirements. Relate the rules to your plan. Evaluate any problems your group might have with the location chosen.

A. Parking – Number of required spaces, street parking

B. Signage – Limitations on size, lighting, height above ground?

C. Number of rooms

1. Upper limit on number of rooms?

2. Private bathrooms required?

3. Other restrictions?

D. Owner living on site required?

E. Kitchen – Venting, Grease Traps, Fire suppression, etc. Additional requirements under state health code.

F. Life Safety issues (under state Fire Regulations). Cover at least the following:

1. Sprinklers

2. Alarms

3. Exits/Egresses

4. Emergency Lighting

G. Requirements under the Americans with Disabilities Act

H. Regulations related to a historic building, historic preservation, historic district or specific B&B limitations?

IV.List the Insurance needed

What types of business-related insurance are needed for a small lodging property? Estimate the annual costs (your textbook list the basics)

V.Product & Service Design

1.Services provided – describe in some detail.

2.Amenities provided – describe in some detail.

3.Operating Policies – describe all key operating policies briefly. (Suggestion: in addition to your text, check several B&B web sites for ideas and wording.)

4.Outline and define any services for non-guests. (are you planning to be open to the public)

VI.Investment Costs

Prepare a budget of all up-front costs, including initial marketing costs, and investment and renovation costs that you are likely to encounter. You may use data from your texts or $150-$250 per square foot as a basis for estimating renovation costs.

VII.Staffing

A. List of jobs to be filled, both part-time, full-time, seasonal, along with a brief description of duties.

B. Which jobs will you and your partner fill? Calculate weekly hours for each.

C. Provide typical weekly and daily work schedules for a peak season. This is only for the B&B part of the property including breakfast and other built-in food (e.g. high tea, evening snacks, etc.) You do NOT need to show staffing or a schedule for a separate restaurant (if added).

VIII.Pricing Analysis

Show how your prices (rack rates) are calculated. This analysis might include costs of operation, use of industry rules of thumb, profits expected, your own salary (i.e. draw), competitors’ rates, etc. What seasonal changes in rates will you have, if any? Explain why. Provide price ranges for each room or type of room. Show some competitive rates also. Two-four analyses are needed.

IX.Food Operations

A. Breakfast – Describe your menu, hours of operation and staffing.

B. Other foodservice for guests – Describe what will be done and pricing (if provided).

C. Foodservice for non-guests (if provided)

X.Marketing

A. Name your property. Discuss why you picked the name.

B. Image & Niche – What image do you want your property to have? Is there a specific market niche you are targeting? Creating a destination- discuss why anyone would visit you.

C. Partnerships that will create more business for you.

D. Outline two specials or packages to generate business.

E. Web site. You do NOT need to actually design it but discuss what items should be included on it (Suggestion: review other B&Bs’ websites). List specific, actual local links that you will include to restaurants, activities, services, etc.

F. What is the plan of managing electronic word-of-mouth (e-wom)? You must have a well-defined plan.

XI.Income & Expense Projections (Use Pro-forma template)

A.Forecast sales revenues based upon realistic occupancy levels.

B.List and briefly describe your expected annual expenses. Estimate an amount for each item.

One of the most controversial distribution channel strategies is multi-level marketing. In this method, anyone can become an independent distributor for the product if they pay a membership fee. Distributors earn commission both from selling the product and from recruiting new distributors. In general, distributors recruited into a multi-level marketing network are not trained marketing professional. Instead multi-level marketing companies typically try recruit average individuals with low or moderate incomes who wish to earn some extra money. In turn, these individuals are then encouraged to recruit friends, family members, and coworkers into the network. Well known multi-level marketers include Amway and Herbalife.

Many of you have likely had direct experience with multi-level marketing. Have any of you been a part of a multi-level network? Or has a friend or family member tried to recruit you into one? Or have you purchased a product from one of these types of companies? Explain what kind of experience you might have had, and your overall impression of multi-level marketing.

But don’t just post about any interesting or entertaining stories you’ve had regarding multi-level marketing. As with all of the discussions, relate your experiences to concepts from the background readings. Why do you think this company chose multi-level distribution over other forms of distribution that you have read about? What advantages does multi-level distribution have for this company.

If you haven’t had any direct experience with multi-level marketing, do some research and find a new company that uses this strategy. Does this company seem credible, or does it look sketchy?

Research 2

Bill of Quantities (BOQ) & Specifications Writing:

(5%)

Process

Based on your previous materials research. Each individual student is required to select one flat/apartment from her typical floor plan and develop the following:

• Partial Bill of Quantities (BOQ): Conduct quantities take off using the actual measurements of your developed plans and prepare part of the bill of quantities for selected apartment spaces:
• Specifications writing: select only two materials from the above list and develop its specification following the “3 part-Specification” format.

• Include items only used in “internal finishes” section
• Follow the MasterFormat Divisions in your serial numbering for materials.
• Organize your table columns as following: Item #, description, Unit, Quantity, unit price/Rate, and Total Amount.
• Calculate the total cost for each materials and for all used materials in the “internal finishes” section
• Use the online “Sweets database” for materials products and their manufacturer/supplier to download available specifications using “3 part- Spec. format” for the two selected materials : https://sweets.construction.com/
• Review the available specifications for each materials, and provide a condensed/abbreviated version of its main items (max two A4 pages for each materials)

Requirements:

• Partial Bill of Quantities (BOQ)
• Specifications documentation for two materials using “3 part-Spec.” format

Useful links

– Database for all materials suppliers and their products’ downloadable information/documents, including “3 Part-Spec.”

https://sweets.construction.com

-Master format Division classifications (attached document)

-Sample online downloadable for some Materials – 3 Part Spec.

https://www.custombuildingproducts.com/3-part-csi-specifications.aspx