Global Event Planning Business Plan

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GlobeSpan Meeting Planners, Inc., or GlobeSpan, is a company that will specialize in meeting planners representing all industries. The founders have over 17 year experience in the hospitality industry, working with domestic and international meeting planners. GlobeSpan will let the founders use their experience working with hotel and resort managers around the globe to help them become meeting planners.

GlobeSpan Meeting Planners will partner with HelmsBriscoe, the industry’s largest and finest meeting and conference resource firm thus placing a full service meeting operational division at GlobeSpan’s disposal.

1.1 Mission

GlobeSpan Meeting Planners strives to be the most successful member of HelmsBriscoe by providing superior service to its clients. GlobeSpan provides a comprehensive meeting resource that includes hotel/resort location searches, rate negotiation and contract negotiation. GlobeSpan also offers complete event planning and assistance for clients at no additional cost. GlobeSpan will be compensated by the hotels/resorts, and by the complete event planning/airline/cruise assistance offered by HelmsBriscoe’s Resource One at the rate of six percent of gross revenues generated, paid in commission. GlobeSpan offers its clients an alternative that is easy and valuable, as well as flexible work environments with fair compensation.

Success: 1.2 Keys

We will succeed by focusing on four key elements

1. Continuous and diligent prospecting for clients.

2. Provide timely, reliable, money-saving site searches representing only the hotels/resorts which best reflect the clients’ needs.

3. Maximizing revenue potential by offering all commission-based services provided by HelmsBriscoe’s Resource One, turning a program which would have been commission on hotel rooms only revenue into commission on complete program revenue (air, production/audiovisual, program planning).

4. To offer more value to your client, you can leverage the expertise of both owners.

1.3 Objectives

1. To receive a gross sale commission of $30,000 until December 31, Year 1.

2. To book a $120,000 gross sales commission by December 31, Year 2.

3. To receive a gross commission of $284,000 in December 31, Year 3.

4. To completely repay small business loan of $50,000 by July 1, Year 4.

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