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. The flooring and carpeting also has to be taken care of. For all these, sufficient amount of funding is required. Before anything else, funding for the project has to be ensured.
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.
Overview of key market forces propelling and restraining market growth:
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge major competitors
An array of graphics, BEP analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth with an impact-analysis
A clear understanding of the competitive landscape and key product segments
The report also points out the latest trends in the Worldwide market and the various opportunities to grow in the near future. The report takes help of various analytical tools to predict the market growth of the market during the forecast period.
Each report include Plant Capacity, requirement of Land & Building, Plant & Machinery, Flow Sheet Diagram, Raw Materials detail with suppliers list, Total Capital Investment along with detailed calculation on Rate of Return, Break-Even Analysis and Profitability Analysis. The report also provides a bird's eye view of the global industry with details on projected market size and then progresses to evaluate the industry in detail
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Our reports provide an expansive market analysis of the sector by covering areas like growth drivers, trends prevailing in the industry as well as comprehensive SWOT analysis of the sector.
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Our project reports include detailed analysis that help to get industry Present Market Position and Expected Future Demand.
Offer real analysis driving variables for the business and most recent business sector patterns in the business
This report comprehends the present status of the business by clarifying a complete SWOT examination and investigation of the interest supply circumstance
Report gives investigation and top to bottom money related correlation of real players/competitors
The report gives gauges of key parameters which foresees the business execution
Our research reports comprehensively cover Indian markets (can be modified as per your country), present investigation, standpoint and gauge for a time of five years*.
The market conjectures are produced on the premise of optional research and are cross-accepted through associations with the business players
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PROSPECTIVE OF WEDDING CEREMONIES
A GOLDEN BUSINESS
OVERVIEW OF INDIAN WEDDING INDUSTRY
THE WEDDING MARKET IN INDIA
THE PROSPERING ALLIED INDUSTRIES
PRESENTLY RUNNING MARRIAGE HALLS
ORGANISATIONAL ASPECTS IN MARRIAGE HALL
SIZE AND NUMBER:
STAFF AND WORKERS:
SUPPLIERS OF EQUIPMENTS
KITCHEN & CATERING EQUIPMENTS
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