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Snooze cottage - a report on helping Richard and Patricia whether to proceed with buying the new victorian lodge.  

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SNOOZE COTTAGE A REPORT ON HELPING RICHARD AND PATRICIA DECIDE WHETHER TO PROCEED WITH BUYING THE NEW VICTORIAN LODGE TERMS OF REFERENCE Patricia and Richard are looking into expanding their business; they currently own a 10 room guesthouse in rural Wales. The business is very successful and uses no type of marketing just word of mouth. They are currently looking to buy an 18 bedroom Victorian lodge, which needs some renovation. They have calculated this process will cost £330 000. This property is closer to the town. Richard and Patricia hope to convert the 18 lodge into a new guesthouse. I have been asked to investigate a possible expansion of business for a Patricia and Richard Wright. I have been asked to produce a report to help them to decide to continue with the expansion. PROCEDURE I have researched fully all the features of this new business venture using a variety of sources. I have...

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