What W.B.T Provides
- Under contract a competent, professional manager or management
couple who would reside on site and be responsible for totally managing
the property.
- Management supervision by someone from our Company who would
visit the property on a regular basis to ensure Company standards and
property objectives are satisfactorily met, and for discussion with
owners.
- A simple basic document setting out the main points of our
agreement and all essential items, including for example that managers
must:
- Devote all due care, skill and attention in operating the
business.
- Strictly observe all acts, regulations and by-laws applicable to the premises and business.
- Account to W.B.T. and the owner for all monies received and expended.
- Generally manage the property in a professional and efficient
manner.
- A dot-point operational plan based in part upon current trading
figures. For hotels/motels, this plan would be heavily marketing
oriented, targeting specific segments of the business, eg
accommodation, restaurant, conferencing, functions, weddings, etc.
- For caravan parks, similar targeting, but oriented toward the
traveling public emphasizing cabin facilities, on-site vans and powered
sites, plus facilities available for the spectrum of guests, ie from
Families with children to elderly couples, including those wanting long
term accommodation.
- Monthly and annual budgets and (if required) a profit and loss
statement produced from the ‘back office’ statements and
records, comparing actual figures against budget and the previous year
(where previous year’s figures are available), together with a
written report summarizing the main points. Alternatively, owners may
prefer their own Accountants to do all of this.