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'Snooze Cottage' - Terms of Reference, the advantages and disadvantages of this business move.
Member rating: No Rating | Words: | Submitted: Wed Dec 10 2003
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'Snooze Cottage' Terms of Reference Patricia and Richard are owners of a guesthouse in rural Wales, called Snooze Cottage. They are thinking of investing in a second property. So I am going to investigate whether or not Patricia and Richard should invest in a second property and to discuss the advantages and disadvantages of this business move. Back Ground Information Patricia and Richard Wright own 'Snooze Cottage' this is a guesthouse in rural Wales. This is a 10-room guesthouse that has a range of single, double and en-suite accommodation of the highest standards possible. As Snooze Cottage is such a popular place no advertising has been necessary, word of mouth has ensured that throughout the year rooms are always fully booked. Patricia and Richard are involved in the running of the business, they are not trained in management but they deal with the customer's side of the business. They currently have six employees...
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