Swot analysis day spa business plan

Aside from that, this marketing plan aims to aid Wal-Mart: It is the pioneer in the retail industry with the wide spread network of stores.

Swot analysis day spa business plan

Health Spa Pestle Analysis Pestle Analysis A pestle analysis is one of the most popular and effective methods of analysing the external macroeconomic factors that could impact on a business within a specific industry.

Commonly, a pestle analysis will be used alongside other analyses that focus on internal factors. The combination of the pestle analysis with other factors will allow a company to create a strategic management plan of how to move its business forward in a way that maximises the opportunities available to it, externally.

A pestle analysis comprises of six factors, namely political, economic, socio-cultural, technological, legal and environmental. The latter two have been recent additions to the pestle analysis formerly known as pest and reflect the growing importance of the environment and regulation to companies across all industries.

This is particularly true for services relating to health and fitness such as the health spa analysed below. Pestle Analysis - Political Political issues as part of the pestle analysis include all sorts of factors that normally derive from the government in the form of policies or legislation.

For the purposes of the pestle analysis of a health spa, there is little in the way of trade restrictions and tariffs to be concerned about. Many employees within the organisation are part time workers. With the government currently encouraging parents and specifically single parents back to work on a part time basis at least, the health spa industry should see a growing number of workers available.

As peak times within a health spa are generally evenings and weekends, this could certainly fall in line with the political drive to encourage mothers back to work as this would be the times where alternative childcare would be most readily available.

Pestle Analysis - Economic The pestle analysis then goes on to look at the economic impact on the health spa industry. Key areas for the pestle analysis include inflation rates, interest rates and general economic conditions.

Final Thoughts

Health spas are usually considered luxury products; therefore, when there is an economic downturn, the number of customers is likely to reduce.

Where individuals have less disposable income due to high inflation levels, they will be less inclined to spend money on luxuries.

The current economic climate is relatively weak and individuals are not feeling sufficiently wealthy to spend large amounts of their income on health spa treatments.

As the pestle analysis has indicated, this to be a particular threat to the health spa industry and this should be something that management looks at mitigating. Typically, this could include reduction in costs in relation to part time staff or generating additional revenue with discounts and enhanced services for clients.

Pestle Analysis - Socio-cultural When conducting a pestle analysis on health spas, the area of socio-culture presents a much more positive outlook. This part of the pestle analysis considers demographics such as age and wealth as well as issues including career aspirations and general interest in health issues.

Day Care Marketing Plan Guest Reviews Teenie VLovely oasis in busy Kampala The breakfast was amazing with abundance of beautiful fresh fruit, delicious African spiced tea also coffee and tea and fruit juicedifferent pastries every day, a selection of cooked breakfast dishes and friendly cooks ready to make things to order. I had an executive room which was well appointed with balcony and view into a courtyard.
Who can edit: Trend Setters is seeking a loan, collateralized by company assets, to be repaid from the cash flow from the business.
Blog | Biz Plan Corner Students Our Competitive Advantage From our recently concluded feasibility studies and market survey, we observed that the competition sure is a stiffer one because there are quite a number of people who run spas around where we are located. It is for this reason that we have added some more services like the drink bar, restaurant and the Karaoke lounge, because we know that there are only a very few who measures up to want we want to offer.

In this case, the health spa industry is doing extremely well. With a growing number of young women carving lucrative careers, there is an increasing demand for health spa facilities. Not only are greater numbers of younger individuals earning good wages, but the grey pound is also increasing in strength.

There is a growing demand from older people for health spa treatments and an increasing ability by these individuals to be able to afford such treatments.

Pestle Analysis - Political

These changing demands have led to substantial diversification and new opportunities within the health spa industry such as health and fitness weekends and sports therapy. Pestle Analysis - Technological On the face of it, technological developments may not appear to be particularly relevant to a health spa business.

swot analysis day spa business plan

However, in conducting a more detailed pestle analysis, it becomes clear that the health spa industry as it stands has relatively high barriers to entry by virtue of the level of expertise and technology required.Write a professional business plan with winning and practical strategies.

Take this step to starting your business, achieve independence, and become your own boss. Sorgenia SpA - Strategic SWOT Analysis Review provides a comprehensive insight into the company's history, corporate strategy, business structure and operations.

Day Care Sample Marketing Plan - Controls - Mplans

The report contains a detailed SWOT analysis, information on the company's key employees, key . Search the world's information, including webpages, images, videos and more.

Google has many special features to help you find exactly what you're looking for. Mission Vision SWOT Analysis Location Castaways Aquatic Safari Eco Lodge SWOT Analysis Our mission is to provide a unique aquatic experience for those who seek an unforgettable stay on one of South Africa’s world renowned, most incredible beaches.

Walmart Stategic Marketing Plan This Business Plan Walmart Stategic Marketing Plan and other 64,+ term papers, college essay examples and free essays are available now on alphabetnyc.com Autor: Angelawen • December 1, • Business Plan • 4, Words (19 Pages) • 1, Views. SoulSpace health spa business plan strategy and implementation summary.

SoulSpace Holistic Spa and Salon offers its customers the unique combination of hair styling, massage, body and energy work, and health training in a beautifully serene setting. perform a SWOT analysis of your business.

It's easy with our free guide and template /5(32).

Sorry! Something went wrong!