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Maximize the benefits of planning process

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Reference no: EM132139203

Your student association at the College has decided to open a comedy club on campus. The association has secured a loan of $100,000 to finance the planning and initial operation of the club, but its members have little experience in the hospitality industry or with managing a small business. The association has asked you, as a student in the Okanagan School of Business, for advice regarding the planning steps it should undertake in order to ensure that the club commences to operate on a sound footing. Identify and define five planning tools and techniques you might advise the association to employ in order to maximize the benefits of its planning process.

Reference no: EM132139203

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