Potential risk and problems

The potential risk and problems can be defined in the following way:

1) instability of a political situation in Russia, influencing the foreign tourism;

2) due to a high crime rate tourists are afraid to come to Russia;

3) unstable and inconsistent system of the Russian legislation, high rates of inflation, frequent introduction of new taxes and licenses influence the cost price of services and makes inconvenient long-term planning;

4) a lack of hotel rooms(only 30 thousand places of high-class in St.-Petersburg hotels);

5) seasonal character of tourism (3-4 months a year).

The financial plan

1. Expenses for the organization.

2. Monthly operational expenditures.

Financing strategy

When the firm acts as a travel agency commission fee can be from 50 to 2000$; when the firm sells own tour - approximately 100$. The firm should be opened at the end of February or at the beginning of March - three months before the beginning of a season.

If 20 vouches are sold during the first month (10 own and 10 taken on realization), the profit will be 3000$. In three months after opening the firm will be able to sell 40 vouchers per month. Thus four months later the firm will gradually call in expenses and will get a profit.

The conclusion

The organization of a new travel agency at a sufficient variety of offered tours is represented economic and perspective.