This document discusses glamping (glamorous camping) as a business opportunity for farmers. It provides details on setting up glamping accommodations like yurts, bell tents, and shepherd's huts. Potential earnings from different types of accommodations are listed. The document advises starting small and marketing the business's unique qualities. It also covers financing a glamping business through personal investors, grants, or banks. Business plans should include sales forecasts, cash flow projections, and management reviews. Tax reliefs for furnished holiday lets and entrepreneurs are discussed. The importance of structuring the business properly to maintain tax breaks is emphasized.
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A presentation to help the students of hotel management about the importance of lobby, entrance and the layout. It contains ideas on power lobby and the commercial aspects of a well presented lobby.
This Presentation consists information about the Furniture used during Greek Period.
consists information about:
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Introduction to Marketing
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2. Glamping; Glamour Camping
Also known as boutique/luxury/posh
camping, today's glamping normally
features all the mod cons.
3. Think outside the box
• 'It’s easy to just buy a yurt, bell tent or
shepherd’s hut. But the experience generally
asks for a bit more than that, so we very much
promote what’s outside as much as what’s
inside - a great location, lounging space
outside and campfire are considered basics.
Wood-fired hot-tubs, hammocks in trees and
outdoor pizza ovens are the next step along”.
Tom Dixon, Sawday’s Canopy & Stars
4. How to get finance
- Personal investors, crowd sourcing,
grants, banks etc
- They will all be looking for an
improving or stationary forecast.
5. Cost of buying accommodation
•Shepard’s huts sleeping two circa £15-27,000 but
generate £8,000 t/o p.a
•Tipi/Yurt for four circa £10,000-generating t/o
£10,000 p.a
•American Airstream for 4 circa £17,000
generating £15,000 t/o p.a
•Safari tent £25,000-30,000-t/o £15-18,000.
6. • 2-3 years to become established as a site
• Expect with good marketing 15-20 weeks in
year 1 running up to 35-40 weeks in year 3.
• Market may be saturated certainly is in the
West Country so try to be UNIQUE.
7. Financing - Business plan
•Year 1-3
•History and Background
•Mission Statement and Objectives
(how glamping should be seen, showing both owners
and business objectives, photos etc)
8. Financing – Business Plan
•Services offered
•Sales Forecast
•Cash flow forecast - CASH IS KING
•Make sure capital expenditure, finance costs are
included. Show effect on any of your
assumptions-unexpected eventualities
•Summary
9. Most financiers will also be looking
for-
•Management Accounts/VAT/Quarterly.
•Review to discuss results and how you
benchmark against others.
Of course you could avoid all the above
Start small – but I would still recommend a
quarterly review
10. Business Plan not just for glamping.
Are you farming and making losses? You
could be losing other tax reliefs as well.
Would argue moveable basic
glamping/camping investment. Insignificant ok?
There is no black and white in tax,
just grey – so take advice!
11. • Offer a premium service
• Ammenities hotel would provide
• Fresh bed linens, en-suite washrooms,
food/room/ironing service etc
• A mini bar/restaurant
• Breakfast voucher with a local
supplier/bakery/your own farm produce
12. Furnished Holiday let relief:
Available to let for at least 210 days
Actually occupied for at least 105 days
15. You could lose the following tax reliefs;
Inheritance tax exemption (BPR).
16. Business Property reliefBusiness Property relief
HMRC reluctance –HMRC reluctance –
Pawson casePawson case
Talk of APR/BPR beingTalk of APR/BPR being
changedchanged
18. You could lose the following tax reliefs;
•Inheritance tax exemption(BPR/APR).
•Capital Gains tax (Entrepreneur’s Relief, Roll-
over Relief/Holdover relief)
19. • Entrepreneurs ReliefEntrepreneurs Relief
• Bear in mind HMRC taking aBear in mind HMRC taking a
harder line on materialharder line on material
disposaldisposal
20. Gains on sale/gift of glamping
can be rolled over
Trading gains can be
rolled/held over
21. You could lose the following tax reliefs;
•Inheritance tax exemption(BPR/APR).
•Capital Gains tax (Entrepreneur’s Relief, Roll-
over Relief/Holdover relief)
•Loan Interest Relief
23. Be careful! What does your current advisor
offer?
Do you talk about :
•Separate, one set of accounts or composite
accounts
•How and can management be hived off?
Agreement tax treatment? e.g you don’t have the
set up costs
24. Free initial review and marketingFree initial review and marketing
review if you sign upreview if you sign up