Wedding Banquet Marriage Garden Project Report

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Description

Table of Contents Note Book Sample Project ReportYou can immediate download the format of Wedding Banquet Marriage Hall and Garden sample project report format template, in excel or word format.

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Wedding Banquet Marriage Hall and Garden Sample Project Report Format  

It is difficult to effectively finish a business plan without having begun a far comprehensive and informative report. Therefore, utilizing Wedding Banquet Marriage Hall and Garden project report formats helps project professional to convey vital data on project progress, execution and success to the key partners that have an interest or envelopment in the project.

However, this Project Report Template is intended to assist professionals with preparing a for their reports. We attempted to make the Format far reaching and included depictions of the vital areas of a regular project report.

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You will get the data Wedding Banquet Marriage Hall and Garden in MS excel worksheet or MS word. Which you can use easily. You can also modify the information according to your need. You will be able to access the data easily according to the your requirement. In addition, the data are well in MS Excel worksheet. Additionally you can easily convert the data to PDF format.

Format of Wedding Banquet Marriage Hall and Garden Sample Business Profile

You will get the data Wedding Banquet Marriage Hall and Garden in MS excel worksheet or MS word. Which you can use easily. You can also modify the information according to your need. You will be able to access the data easily according to the your requirement. In addition, the data are well in MS Excel worksheet. Additionally you can easily convert the data to PDF format.

Introduction 

 

Marriage hall business has been a dismal business in recent years and has proved profitable in major cities due to population growth and changing lifestyle patterns. These days, most of the traditional marriage halls are being converted into banquets or marquise due to changes in trends and the choice of clients.

The increase in the number of banquets is due to the facility provided to the host, protection against weather conditions, and the eye-catching environment in relation to the event subject. The banquet hall is proposed to be installed in a location that is a convenient parking space, preferably in proximity to other marquee or banquet halls, and has easy public access.

The most important ideas or factors for the success of the project are:

Most important consideration 

  • Aesthetically Banquet Hall with the flexibility to adapt in relation to the event theme.
  • Easy access to convenience and parking space.
  • Assure excellence through trained staff with a passion to host quality events.
  • Stability and quality of goods.

Equally important factor

  • Strong ties with local event and wedding planners.
  • Strong relationships with local businesses and corporate planners.
Industry Overview

Starting a banquet hall rental business is actually a capital-intensive business, the reason being that the cost of securing or building a standard and well-equipped banquet hall is on the higher side and not one with less financial strength. What an aspiring entrepreneur can do is venture. It is a business in which investors with a huge cash base can easily start, not only in any part of the city but in select areas that can attract high-profile corporate and individual customers.

Banquet halls are halls that are rented to host events such as professional seminars, corporate awards ceremonies, weddings, family reunions, church benefits, association fund-razors, and any other events. Apart from the fact that banquet hall owners rent their halls and make money, most of them are also engaged in other complimentary services such as party rental services and event planning services.

BRIEF DESCRIPTION OF PROJECT & PRODUCT

The purpose of this pre-feasibility study is to collect information about the Banquet Hall business in India, displaying projected financial statements and analyzes using capital budgeting instruments for the next 10 years. The following main parameters should be addressed according to the pre-feasibility study under preparation.

Technology: This proposed banquet will be made using a state-of-the-art flex, stainless steel panel structure and specially designed fabric as a vineyard with state-of-the-art modern sound and lighting systems.

Location: The area recommended for the proposed banquet hall setup is in densely populated cities. This business can be done in all small 2 tier cities apart from suburban cities of big cities.

Service: A state-of-the-art and modern banquet hall will be constructed which will serve as a standalone site for party, wedding and corporate events. This banquet hall will operate in one event per day.

Target Market: The facility will operate in the middle and upper-middle-class segments which can easily cost at least Rs. 200,000 for an event.

Employment Generation: The advanced project will provide direct employment to 21 people. Financial analysis suggests that the unit will be profitable from the first year of operation.

Service Sequence & Process Flow
  • Service sequence for the event is an important consideration for smooth and error-free operation, this process flow must be adapted, prepared, and rehearsed if necessary to cater to a large number of guests.
  • When the event host or organizer arrives on campus, it should be welcomed by the manager who booked the event. This person will introduce the host to the Banquet Floor Manager and simultaneously check the host function/event sheet to ensure compliance with anything else.
  • The hall/marquee where the event will take place should clearly indicate the event with the hostname and date.
  • Each staff member, especially all casual employees on daily pay should be informed of the selected service sequence during the briefing session before the start of the event.
  • During the banquet briefing, all phases of the service sequence should be made clear to all. The layout of the hall, designated service area, bar, and buffet counter must be organized before the event.
  • All necessary utensils must be polished and cleaned to ensure a smooth set-up and service.
Important Considerations for Banquet Review order
  •  Expected number of guests.
  • Table setup arrangements and specifications, including the size, type, and color of the tablecloth and table skirt.
  • The menu for the ceremony includes drinks, several courses, and desserts.
  • Type of Event / Action.
  • Any special request made by the host.
  • Ensuring employee personal hygiene.
  • Perfect, clean, and impeccable uniform.
  • VIP guests present and special requests.
  • A good briefing will avoid many service problems during the ceremony. 
Installed and Operational Capacities

Each banquet hall can cater for 360 events annually at a customized level, but according to industry data the business hosts 150–180 events per year so we estimate 40% capacity utilization for each banquet hall. Will be based on An average of 144 events will be completed during this year for this banquet hall. The annual growth rate is assumed to be 5% and the maximum capacity utilization for events is capped at 50%.

CRITICAL FACTORS

The main critical success factors that influence the decision to invest in the proposed business setup are:

  • Increasing population in the country and presence of significant population of middle and upper-class areas.
  • High spending trend in weddings and events.
  • The choice of choosing a banquet hall on the lawn / dera marquee in recent years for weddings and corporate events.
  • There are fewer options available for the target market to choose between an aesthetically designed high-class venue.
GEOGRAPHICAL POTENTIAL FOR INVESTMENT

The Indian economy is becoming increasingly service-oriented and the industry has shown substantial growth over the past several decades mainly due to population growth, changing lifestyle patterns, and organizing programs at special places. In all the major cities and towns there has been a mushroom growth of Marriage Hall, Event Management Complex in the last decade, so the proposed business is likely to be established in the cities. This business can be done in all small 2 tier cities apart from suburban cities of big cities.

POTENTIAL TARGET CUSTOMERS / MARKETS

With the improvement of the law and order situation in the country, the banquet has brought the events back to the mainstream. The country’s good food, high spending on weddings, and a glamorous atmosphere have dominated the region organizing this communal feast. Almost all the cities have a significant demographic segment which is comfortably Rs. 200,000 and up to a good venue to host their events.

 

Project Report Format

 

In our project report format, we cover technology details, its diagrams, flow chart etc.. as and when required or deemed fit to include. Also, prepare in-depth financial calculations including CMA which is necessary for the Investor/bank.

 

Key Points Cover in Detailed Project Report on Wedding Banquet Marriage Hall and Garden

 

Sr.No.ParticularsPage No.
1Executive Summary3
2Industry Introduction4
3Industry Analysis7
4Competitors8
5Market Overview9
6Integrated Marketing Plan12
7Demand Supply13
8Project & Product15
9Process Flow16
10Critical Factors18
11Project at Glance19
12Project Cost20
13Means of Fund21
14SWOT22
15Human Resources24
16Working Capital25
17Revenue Model26
18Form -I Proposed Facilities27
19Form -II Profit & Loss A/c28
20Form -III Balance Sheet32
21Form -IV Comparative CA & CL37
22Form -V MPBF39
23Form -VI Fund Flow41
24Ratio Analysis DSCR, BEP, Etc.44
25Trend Analysis49
26DSCR52
27Depreciation53
28Loan Repayment Schedule54
29Assumptions55
30Conclusion56
For whom are these formats useful?

1) CA Chartered Accountants 

2) Tax Consultants

3) Small Business Owners

4) Students

In addition to those who want to prepare project reports themselves.

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