If you’re looking to create a glamping business plan, you’ve come to the right place!
Over the past 25 years, the PlanPros team has helped over 1 million entrepreneurs and business owners write business plans….and many of them have started and grown successful glamping businesses. Our glamping business plan example below is sure to help you!
Glamping Business Plan Example
Below is our glamping business plan template and sample plan created using what we consider the best free ai business plan generator:
I. Executive Summary
Company Overview
At NatureHaven Glamping, located in the scenic city of Whittier, CA, we offer a unique outdoor experience that marries the comfort of luxury hotels with the raw beauty of nature. Our venture, a fresh addition to the local market, addresses the unmet need for premium glamping options. Our guests are treated to luxury accommodations, gourmet dining with locally sourced ingredients, guided outdoor adventures, wellness services, and adventure gear rentals, ensuring a memorable stay. Our prime location not only provides a peaceful retreat but also easy access to explore Whittier’s natural wonders, making us the go-to destination for those seeking adventure and luxury in nature.
Success Factors
Our journey to success is driven by our founder’s extensive experience in the glamping sector, ensuring we deliver a top-notch guest experience that stands out in the local market. Since our inception on January 5, 2024, NatureHaven Glamping has hit significant milestones, including establishing a strong brand identity and securing a beautiful location ideal for our glamping experiences. Our unique approach to combining luxury with nature, along with our commitment to excellence and innovation, positions us as leaders in the industry, ready to cater to the growing demand for immersive travel experiences.
Industry Analysis
The Glamping industry in the United States has seen significant growth, with a current market size of around $1 billion and an expected annual growth rate of 10% over the next five years. This surge is fueled by a rising demand for unique, immersive travel experiences and a growing interest in sustainable, eco-friendly travel options. NatureHaven Glamping, situated in Whittier, CA, is poised to capitalize on these trends with our luxurious yet environmentally conscious accommodations, appealing to the increasing number of consumers seeking a balance of comfort and outdoor adventure amidst nature’s beauty.
Customer Analysis
Our target market encompasses local Whittier residents desiring convenient outdoor escapes, eco-conscious travelers, urban professionals from nearby cities like Los Angeles, and adventure enthusiasts. These diverse segments are drawn to our blend of luxury, sustainability, and adventure, with offerings tailored to families, individuals seeking relaxation, and those in pursuit of outdoor thrills. Our focus on eco-friendly practices and our array of premium amenities and activities cater to these groups’ desires for memorable and responsible travel experiences.
Competitive Analysis
Among our competitors, Catalina Whites Landing Camp, Rivera Motel, and Hampton Inn & Suites Buena Park each offer distinct accommodations and amenities. However, NatureHaven Glamping distinguishes itself by providing an unmatched blend of luxury, comfort, and connection with nature, complemented by our focus on eco-friendly practices and personalized adventure packages. Our strategic location, attention to detail in every aspect of the guest experience, and competitive pricing, coupled with exclusive perks, set us apart as the premier choice for glamping enthusiasts.
Marketing Plan
Our marketing strategy highlights our luxury accommodations, gourmet dining, guided activities, wellness services, and adventure gear rentals, with prices ranging to suit varying customer needs. Promotions span online marketing, social media engagement, email campaigns, collaborations with influencers, participation in local events, traditional advertisements, and leveraging customer reviews. This multifaceted approach ensures we reach our target audiences effectively, highlighting our unique offerings and building strong relationships with our guests and the local community to drive bookings and foster loyalty.
Operations Plan
To ensure operational excellence, NatureHaven Glamping focuses on key daily processes such as efficient guest check-in/check-out, meticulous cleaning and maintenance, seamless reservation management, exemplary customer service, precise inventory management, strict safety and security measures, proactive marketing and promotions, and diligent financial management. Our operational roadmap includes milestones like securing an idyllic location, obtaining necessary permits, developing infrastructure, hiring and training staff, launching a comprehensive marketing campaign, achieving revenue targets, gathering customer feedback for continuous improvement, expanding our service offerings, and building strategic local partnerships.
Management Team
Under the leadership of CEO Hannah Hughes, who brings a wealth of experience from the glamping industry, our management team is well-equipped to steer NatureHaven Glamping towards success. Hughes’ proven track record in operational excellence, market trend anticipation, and strategic planning positions us to achieve our vision of becoming the preferred glamping destination, offering an unmatched blend of luxury and nature.
Financial Plan
To achieve our growth objectives, NatureHaven Glamping requires $257,000 in funding. This investment will be allocated towards capital expenditures such as location buildout and equipment, as well as operational expenses including initial rent, staff salaries, marketing, supplies, and insurance. This strategic financial planning ensures we have the necessary resources to establish and grow our glamping operation, positioning us for long-term success in the burgeoning glamping industry.
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 |
Direct Expenses | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 |
Gross Profit | $1,496,557 | $1,655,604 | $1,829,612 | $2,019,912 | $2,227,949 |
Gross Profit (%) | 57.6% | 58.9% | 60.1% | 61.3% | 62.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,399,472 | $1,555,573 | $1,726,546 | $1,913,719 | $2,118,534 |
Depreciation | $27,400 | $27,400 | $27,400 | $27,400 | $27,400 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $25,700 | $25,700 | $25,700 | $25,700 | $25,700 |
Income Tax Expense | $471,230 | $525,865 | $585,706 | $651,216 | $722,902 |
Net Income | $875,141 | $976,607 | $1,087,740 | $1,209,402 | $1,342,532 |
II. Company Overview
NatureHaven Glamping is a new gem in the heart of Whittier, CA. As a local glamping destination, we are proud to offer an unparalleled outdoor experience that combines the luxury of a boutique hotel with the natural beauty and serenity of the great outdoors. We noticed a gap in the market for high-quality glamping options in our area, and we’ve stepped in to fill that void with our unique offerings.
At NatureHaven Glamping, our guests enjoy a range of premium services designed to make their stay unforgettable. Our luxury accommodations provide the perfect blend of comfort and elegance, ensuring a restful night’s sleep under the stars. Food enthusiasts will delight in our gourmet dining options, featuring locally sourced ingredients and creative dishes that cater to all dietary needs. For those seeking adventure, we offer guided outdoor activities that showcase the beauty of Whittier’s natural landscapes. Our wellness services are designed to rejuvenate the body and spirit, offering a peaceful retreat for those looking to unwind. Additionally, we provide adventure gear rentals, enabling guests to fully immerse themselves in the outdoor experience without the hassle of bringing their own equipment.
Located in the charming city of Whittier, CA, NatureHaven Glamping serves as a haven for those seeking a unique blend of adventure and luxury. Our prime location allows guests to explore the natural wonders of the area while enjoying the comforts of upscale glamping.
NatureHaven Glamping’s path to success is paved by a combination of factors. Our founder brings valuable experience from previously running a successful glamping operation, ensuring that we understand the intricacies of delivering a high-quality guest experience. We stand out from the competition by offering our guests a deeper connection with nature, complemented by a level of comfort and luxury that is unmatched in the local area.
Since our founding on January 5, 2024, NatureHaven Glamping has achieved several significant milestones as a C Corporation. We’ve crafted a distinct brand identity with our logo and company name, and we’ve secured a beautiful location that serves as the perfect backdrop for our glamping experiences. These accomplishments mark just the beginning of our journey as we continue to strive for excellence and innovation in the glamping industry.
III. Industry Analysis
The Glamping industry in the United States has experienced significant growth in recent years, with the market size estimated to be around $1 billion. This figure is expected to continue growing at a steady pace, with analysts projecting a compound annual growth rate of 10% over the next five years. As more consumers seek unique and immersive travel experiences, the demand for Glamping accommodations is on the rise.
One of the key trends driving the growth of the Glamping industry is the increasing popularity of sustainable and eco-friendly travel options. Consumers are becoming more conscious of their environmental impact and are seeking out accommodations that align with their values. NatureHaven Glamping, located in the picturesque surroundings of Whittier, CA, is well-positioned to capitalize on this trend with its focus on providing guests with a luxurious yet environmentally-friendly Glamping experience.
Another trend that bodes well for NatureHaven Glamping is the growing interest in outdoor activities and nature-based travel. With more people looking to disconnect from their busy lives and reconnect with nature, Glamping has become a popular choice for travelers seeking a balance between comfort and outdoor adventure. NatureHaven’s convenient location near hiking trails, wildlife reserves, and scenic views makes it an ideal destination for nature enthusiasts looking to experience the beauty of Southern California in a unique and memorable way.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
We will target local residents of Whittier, CA, who are looking for unique and convenient outdoor experiences close to home. These customers will appreciate the luxury and comfort that glamping offers, providing a quick getaway without the hassle of traditional camping. Additionally, we will tailor our offerings to accommodate families with children, ensuring activities and amenities that appeal to all age groups.
NatureHaven Glamping will also attract eco-conscious travelers who value sustainable tourism and seek to minimize their environmental footprint. Our eco-friendly accommodations and practices will resonate with this segment, who will be drawn to our commitment to preserving nature. This focus will help us build a loyal customer base that aligns with our values of sustainability and environmental stewardship.
We will target urban professionals from nearby cities such as Los Angeles, who are in need of a relaxing retreat from their busy lives. These customers will be looking for a blend of outdoor adventure and luxury, and will appreciate the short travel distance to our location. Our premium amenities and curated experiences will cater to their desire for both relaxation and excitement.
Additionally, we will appeal to adventure enthusiasts who are seeking new and unique outdoor experiences. Our location will provide access to a variety of activities such as hiking, bird watching, and stargazing, which will attract this segment. We will create packages and partnerships with local adventure service providers to enhance their experience and meet their adventurous needs.
Customer Needs
NatureHaven Glamping caters to customers seeking a high-quality glamorous camping experience. Guests expect luxurious accommodations that blend the beauty of nature with the comforts of a high-end hotel. This includes plush bedding, elegant furnishings, and modern amenities such as Wi-Fi and climate control.
Visitors also desire a unique and memorable experience that allows them to disconnect from the hustle and bustle of city life. NatureHaven provides opportunities for outdoor activities such as hiking, stargazing, and campfires, ensuring guests can fully immerse themselves in nature. Personalized services and curated experiences enhance the overall stay, making it both relaxing and adventurous.
In addition to luxury and nature, customers prioritize safety and convenience. NatureHaven ensures that the facilities are secure, clean, and easily accessible. On-site staff are available to assist with any needs, offering peace of mind and a seamless experience for all guests.
V. Competitive Analysis
Direct Competitors
NatureHaven Glamping’s competitors include the following companies:
Catalina Whites Landing Camp
Catalina Whites Landing Camp offers a range of outdoor and camping experiences on Catalina Island. They provide tent and cabin accommodations, various water activities, and guided nature tours. Price points vary from $150 to $500 per night depending on the accommodation and activities included. The camp generates an estimated annual revenue of $2 million. Located on Catalina Island, it primarily serves customers from Southern California and tourists visiting the island. Their key strengths include a unique island location and extensive outdoor activities. However, their weaknesses include limited accessibility and higher price points compared to mainland options.
Rivera Motel
Rivera Motel provides budget-friendly lodging options in Pico Rivera, CA. Their services include basic room accommodations with amenities such as free Wi-Fi, parking, and continental breakfast. Prices range from $60 to $120 per night, making it an affordable choice for travelers on a budget. The motel generates an estimated annual revenue of $1 million. Located in Pico Rivera, it mainly serves local travelers and those passing through the area. Strengths include affordability and convenient location near major highways. Weaknesses include basic amenities and lack of unique or luxury features.
Hampton Inn & Suites Buena Park
Hampton Inn & Suites Buena Park offers mid-range hotel accommodations with modern amenities. Their services include comfortable rooms, free hot breakfast, fitness center, and outdoor pool. Price points range from $150 to $250 per night, targeting both business and leisure travelers. The hotel generates an estimated annual revenue of $5 million. Located in Buena Park, it serves customers visiting nearby attractions such as Knott’s Berry Farm and Disneyland. Key strengths include brand reputation, modern amenities, and proximity to major attractions. Weaknesses include higher price points and competition from other well-known hotel chains.
Competitive Advantages
At NatureHaven Glamping, we pride ourselves on offering a unique blend of comfort, luxury, and adventure that allows our guests to connect with nature in a way that surpasses our competition. Our glamping accommodations are designed with a keen attention to detail, ensuring that each guest enjoys high-end amenities while still feeling immersed in the natural beauty of Whittier, CA. From plush bedding and modern conveniences to eco-friendly practices, we offer a seamless blend of posh living and environmental consciousness, creating an unparalleled glamping experience.
Moreover, our location provides a serene escape from the hustle and bustle of urban life, yet is conveniently accessible for those looking to explore local attractions. We offer customized adventure packages that cater to a variety of interests, whether it’s hiking, bird watching, or stargazing, ensuring that each guest can tailor their stay to their personal preferences. Our commitment to exceptional customer service, combined with our unique offerings, makes us the preferred choice for those seeking both relaxation and adventure. In addition to these features, our competitive pricing and exclusive guest perks further enhance the value of choosing NatureHaven Glamping for an unforgettable nature retreat.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
NatureHaven Glamping offers a variety of luxury accommodations designed to blend the comforts of a high-end hotel with the immersive experience of nature. Customers can choose from various options such as safari tents, treehouses, and yurts. Each accommodation is furnished with plush bedding, climate control, and private bathrooms. The average selling price for these luxury accommodations ranges from $250 to $450 per night, depending on the type of lodging and the season.
Gourmet dining options are a cornerstone of the NatureHaven experience. Guests can enjoy farm-to-table meals prepared by top chefs, featuring locally sourced ingredients. The dining experience includes breakfast, lunch, and dinner, with some packages offering picnic baskets for outdoor adventures. Prices for gourmet dining options generally range from $50 to $150 per person per day, depending on the meal plan selected.
Guided outdoor activities provide an additional layer of adventure and learning for guests. Activities include guided hikes, bird watching tours, and stargazing sessions led by knowledgeable guides. These experiences are designed to cater to both novice and seasoned outdoor enthusiasts. The average price for guided outdoor activities varies from $30 to $75 per person per activity.
Wellness services are another key offering at NatureHaven Glamping. Guests can indulge in a variety of wellness treatments such as yoga sessions, meditation classes, and spa treatments. These services aim to provide a holistic retreat experience, promoting relaxation and well-being. Prices for wellness services typically range from $40 to $120 per session, depending on the type of service chosen.
Adventure gear rentals are available for guests who wish to explore the surrounding natural areas independently. Items available for rent include bicycles, kayaks, and camping equipment. This service ensures that guests have everything they need for their outdoor adventures without the hassle of bringing their own gear. Rental prices generally range from $20 to $60 per day, depending on the equipment.
Promotions Plan
We utilize a comprehensive range of promotional methods to attract customers. Our online marketing strategy plays a pivotal role. We maintain an engaging website that showcases our unique offerings and breathtaking locations. Our search engine optimization (SEO) tactics ensure that potential customers find us easily when searching for glamping experiences in Whittier, CA.
Social media marketing is another cornerstone of our promotional efforts. We actively engage with our audience on platforms such as Instagram, Facebook, and Pinterest, sharing stunning visuals and customer testimonials. This helps build a strong online community and encourages word-of-mouth referrals.
Email marketing allows us to stay in touch with our customers. By sending out regular newsletters featuring special offers, upcoming events, and insider tips, we keep our audience informed and engaged. We also employ targeted email campaigns to reach potential customers who have expressed interest in glamping.
Collaborating with travel bloggers and influencers amplifies our reach. By inviting them to experience and review our services, we gain valuable endorsements that resonate with their followers. These partnerships help us tap into new audiences and build credibility.
We also participate in local events and tourism fairs. By setting up booths and offering interactive experiences, we create direct connections with potential customers. Additionally, partnerships with local businesses, such as restaurants and adventure companies, allow us to offer package deals that enhance the overall customer experience.
Traditional marketing methods play a role as well. We place advertisements in local newspapers, magazines, and travel guides. These ads highlight our unique selling points and direct readers to our website for more information.
Finally, we leverage customer reviews and testimonials. Encouraging satisfied guests to leave reviews on platforms like TripAdvisor, Google, and Yelp helps build our reputation and attract new customers. Positive word-of-mouth is a powerful tool in the hospitality industry.
VII. Operations Plan
Our Operations Plan details:
- The key day-to-day processes that our business performs to serve our customers
- The key business milestones that our company expects to accomplish as we grow
Key Operational Processes
To ensure the success of NatureHaven Glamping, there are several key day-to-day operational processes that we will perform:
- Guest Check-In and Check-Out: Efficiently manage guest arrivals and departures, ensuring a smooth and welcoming experience.
- Cleaning and Maintenance: Regularly clean and maintain glamping units, common areas, and facilities to ensure high standards of hygiene and comfort.
- Reservation Management: Handle bookings, cancellations, and inquiries through an integrated reservation system, ensuring accurate availability and guest information.
- Customer Service: Provide exceptional customer service by promptly addressing guest requests, concerns, and feedback.
- Inventory Management: Maintain and monitor inventory of supplies, including linens, toiletries, and food and beverage items, to ensure availability and quality.
- Safety and Security: Implement safety protocols and ensure security measures are in place to protect guests and property.
- Marketing and Promotion: Execute marketing strategies to attract new guests and retain existing ones, utilizing social media, online platforms, and local partnerships.
- Financial Management: Manage daily financial transactions, including payments, refunds, and expense tracking, to ensure accurate financial records.
- Staff Coordination: Schedule and oversee staff duties, ensuring efficient operations and effective teamwork.
- Guest Activities and Experiences: Organize and manage guest activities, such as guided tours, workshops, and events, to enhance the overall guest experience.
- Compliance and Regulations: Ensure all operations comply with local regulations, health codes, and industry standards.
- Technology Management: Maintain and update technological systems, including booking platforms, website, and guest communication tools, to ensure seamless operations.
Milestones
NatureHaven Glamping expects to complete the following milestones in the coming months in order to ensure its success:
- Secure an Ideal Location: Identify and lease or purchase an attractive and accessible location in Whittier, CA that offers a natural, serene environment for glamping.
- Obtain Necessary Permits and Licenses: Acquire all required local, state, and federal permits and licenses for operating a glamping site, including zoning permits, business licenses, and health and safety certifications.
- Infrastructure Development: Build and set up glamping units, including tents, cabins, and communal areas, ensuring they meet high standards of quality and comfort.
- Hire and Train Staff: Recruit a dedicated team for operations, including guest services, maintenance, and housekeeping, and provide comprehensive training to ensure exceptional customer service.
- Launch Marketing Campaign: Implement a targeted marketing campaign using social media, local partnerships, and travel blogs to attract initial customers and generate buzz.
- Launch Our Glamping: Officially open NatureHaven Glamping to the public with a grand opening event and initial promotional offers to attract first-time guests.
- Achieve $15,000/Month in Revenue: Focus on achieving steady monthly revenue of $15,000 through consistent bookings and potential upselling of additional services and experiences.
- Customer Feedback and Continuous Improvement: Collect and analyze customer feedback regularly to identify areas for improvement and implement necessary changes to enhance guest experience.
- Expand Service Offerings: Introduce additional amenities and activities, such as guided tours, yoga sessions, and gourmet dining options, to increase guest satisfaction and revenue streams.
- Build Strong Local Partnerships: Establish and nurture partnerships with local businesses, tourism boards, and community organizations to create mutually beneficial relationships and enhance the local economy.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
NatureHaven Glamping management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Hannah Hughes, CEO
Hannah Hughes has a distinguished background in the glamping industry, having successfully run a glamping business in the past. Her extensive experience in this niche market ensures that she understands the unique demands and opportunities within the glamping sector. Hannah’s leadership skills and strategic vision have been proven to drive growth and innovation, making her an invaluable asset to NatureHaven Glamping. Her ability to foresee market trends and adapt to changing consumer preferences will be instrumental in establishing NatureHaven as a leader in the industry.
IX. Financial Plan
Summary
Below is an overview of our expected financial performance over the next five years:
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
---|---|---|---|---|---|
Revenues | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 |
Direct Expenses | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 |
Gross Profit | $1,496,557 | $1,655,604 | $1,829,612 | $2,019,912 | $2,227,949 |
Gross Profit (%) | 57.6% | 58.9% | 60.1% | 61.3% | 62.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,399,472 | $1,555,573 | $1,726,546 | $1,913,719 | $2,118,534 |
Depreciation | $27,400 | $27,400 | $27,400 | $27,400 | $27,400 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $25,700 | $25,700 | $25,700 | $25,700 | $25,700 |
Income Tax Expense | $471,230 | $525,865 | $585,706 | $651,216 | $722,902 |
Net Income | $875,141 | $976,607 | $1,087,740 | $1,209,402 | $1,342,532 |
Funding Requirements/Use of Funds
To accomplish our growth goals, NatureHaven Glamping needs $257,000 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Buildings/Location Buildout | $100,000 |
Furniture | $20,000 |
Equipment | $10,000 |
Machines | $5,000 |
Computers and Software | $2,000 |
Non Capital Investments | |
---|---|
Working Capital | $50,000 |
Initial Rent/Lease | $10,000 |
Staff Salaries (First 3 Months) | $30,000 |
Initial Marketing and Advertising | $20,000 |
Supplies | $5,000 |
Insurance | $5,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 | |
Total Revenues | $2,596,976 | $2,812,084 | $3,045,010 | $3,297,229 | $3,570,339 | |
Direct Costs | ||||||
Direct Costs | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 | |
Total Direct Costs | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 | |
GROSS PROFIT | $1,496,557 | $1,655,604 | $1,829,612 | $2,019,912 | $2,227,949 | |
GROSS PROFIT % | 57.6% | 58.9% | 60.1% | 61.3% | 62.4% | |
Other Expenses | ||||||
Salaries | $72,814 | $75,023 | $77,299 | $79,644 | $82,060 | |
Marketing Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Rent/Utility Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
Other Expenses | $12,135 | $12,503 | $12,883 | $13,274 | $13,676 | |
Total Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 | |
EBITDA | $1,399,472 | $1,555,573 | $1,726,546 | $1,913,719 | $2,118,534 | |
Depreciation | $27,400 | $27,400 | $27,400 | $27,400 | $27,400 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,372,072 | $1,528,173 | $1,699,146 | $1,886,319 | $2,091,134 | |
Interest Expense | $25,700 | $25,700 | $25,700 | $25,700 | $25,700 | |
PRETAX INCOME | $1,346,372 | $1,502,473 | $1,673,446 | $1,860,619 | $2,065,434 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,346,372 | $1,502,473 | $1,673,446 | $1,860,619 | $2,065,434 | |
Income Tax Expense | $471,230 | $525,865 | $585,706 | $651,216 | $722,902 | |
NET INCOME | $875,141 | $976,607 | $1,087,740 | $1,209,402 | $1,342,532 | |
Net Profit Margin (%) | 33.7% | 34.7% | 35.7% | 36.7% | 37.6% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $901,225 | $1,891,776 | $2,992,181 | $4,219,016 | $5,314,881 | |
Other Current Assets | $222,915 | $241,379 | $261,372 | $274,769 | $297,528 | |
Total Current Assets | $1,124,140 | $2,133,155 | $3,253,553 | $4,493,785 | $5,612,409 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $137,000 | $137,000 | $137,000 | $137,000 | $137,000 | |
Accum Depreciation | $27,400 | $54,800 | $82,200 | $109,600 | $137,000 | |
Net fixed assets | $109,600 | $82,200 | $54,800 | $27,400 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,233,740 | $2,215,355 | $3,308,353 | $4,521,185 | $5,612,409 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $101,598 | $106,606 | $111,863 | $115,292 | $120,983 | |
Debt outstanding | $257,000 | $257,000 | $257,000 | $257,000 | $0 | |
Total Liabilities | $358,598 | $363,606 | $368,863 | $372,292 | $120,983 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $875,141 | $1,851,749 | $2,939,490 | $4,148,893 | $5,491,425 | |
Total Equity | $875,141 | $1,851,749 | $2,939,490 | $4,148,893 | $5,491,425 | |
TOTAL LIABILITIES & EQUITY | $1,233,740 | $2,215,355 | $3,308,353 | $4,521,185 | $5,612,409 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $875,141 | $976,607 | $1,087,740 | $1,209,402 | $1,342,532 | |
Change in Working Capital | ($121,316) | ($13,456) | ($14,736) | ($9,967) | ($17,067) | |
Plus Depreciation | $27,400 | $27,400 | $27,400 | $27,400 | $27,400 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $781,225 | $990,551 | $1,100,404 | $1,226,835 | $1,352,864 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($137,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($137,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $257,000 | $0 | $0 | $0 | ($257,000) | |
Net Cash Flow from Financing | $257,000 | $0 | $0 | $0 | ($257,000) | |
Net Cash Flow | $901,225 | $990,551 | $1,100,404 | $1,226,835 | $1,095,864 | |
Cash at Beginning of Period | $0 | $901,225 | $1,891,776 | $2,992,181 | $4,219,016 | |
$901,225 | $1,891,776 | $2,992,181 | $4,219,016 | $5,314,881 |
What Is a Glamping Business Plan?
A glamping business plan is a document that outlines the strategies you have developed to start and/or grow your glamping business. Among other things, it details information about your industry, customers and competitors to help ensure your company is positioned properly to succeed. Your glamping business plan also assesses how much funding you will need to grow your business and proves, via your financial forecasts, why the business is viable.
Why You Need a Business Plan for your Glamping Business
A business plan is required if you are seeking funding for your glamping business. Investors and lenders will review your plan to ensure it meets their criteria before providing you with capital. In addition, a glamping business plan helps you and your team stay focused. It documents the strategies you must follow and gives you financial projections you should strive to achieve and against which you can judge your performance.