MARRIAGE HALL (WEDDING HALL)
The project report includes Present Market Position and Expected Future Demand, Market Size, Statistics, Trends, SWOT Analysis and Forecasts. Report provides a comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.
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Today’s younger generation parties whole heartedly. Why only youngsters, we all love having fun, frolicking and meeting with friends and relatives. Now-a-days business get-togethers are thrown to meet clients and also to increase sales and relation.
Also, with our country having a huge population has marriage functions and rituals are also performed in halls and banquets.
That brings us to the importance of venue. Banquet halls are obvious choice for such parties and ceremonial ceremonies. Whether it’s a birthday party, a formal party or a wedding reception, banquet halls are needed for almost all occasions.
That’s why opening a banquet hall can be a fruitful idea, owing to how much demand there is for one. In fully fletched wedding season, getting a booking for an appropriate banquet becomes the hard job. For this, a new hall would be preferred by everybody due to its new ambience.
New entrepreneur needs to find the suitable location and start his banquet hall business with profitable business plan.
Entrepreneurs need to decorate the hall elegantly. It should have sufficient space to hold small to large parties for around 300-500 people.
Air-conditioning facility is a must in all banquet halls now, plus many other vital steps to flourish this field. Public welcome centrally located and easy to reach locations. So one must consider this fact also while searching for place.
The wedding season is the most important for this industry. Your banquet hall needs to be able to provide all the prototypical requirements for a wedding reception. The larger the area of the hall, the better it is as you will be able to shelter more people in it. That also means more and frequent bookings. Nowadays, business parties and conferences are also held in such big banquet halls. If your hall can provide the requirements for such conferences as well, you will be assured of more business.
Unless you are a big player, you must start with small parties like birthdays and get-togethers and as with more experience, move on to the receptions and weddings with more ease.
INTRODUCTION
DEVELOPMENT OF TOURISM
PROSPECTIVE OF WEDDING CEREMONIES
OPPORTUNITY IN INDIAN WEDDING MARKET
OVERVIEW OF INDIAN WEDDING INDUSTRY
MARKET SURVEY
PRESENTLY RUNNING MARRIAGE HALLS
ORGANISATIONAL ASPECTS IN MARRIAGE HALL
TECHNO – ECONOMIC ASPECTS
CONCLUSION
EXPLANATION OF TERMS USED IN THE PROJECT REPORT
PROJECT IMPLEMENTATION SCHEDULES
SUPPLIERS OF EQUIPMENTS
DETAILS OF CIVIL AND RENOVATIONS WORK
APPENDIX – A:
1. COST OF PLANT ECONOMICS
2. LAND & BUILDING
3. PLANT AND MACHINERY
4. FIXED CAPITAL INVESTMENT
5. RAW MATERIAL
6. SALARY AND WAGES
7. UTILITIES AND OVERHEADS
8. TOTAL WORKING CAPITAL
9. COST OF PRODUCTION
10. PROFITABILITY ANALYSIS
11. BREAK EVEN POINT
12. RESOURCES OF FINANCE
13. INTEREST CHART
14. DEPRECIATION CHART
15. CASH FLOW STATEMENT
16. PROJECTED BALANCE SHEET
