Starting your own business is a good idea. You can enjoy the many benefits from your own business like freedom, decision power, and sole ownership on the business. But it is difficult to start a new business without proper planning and experience. Some facts must keep in mind before starting the business. For becoming a successful business man you have to work hard in right direction. 

For the comprehensive and proper business planning you must write a 5 year business plan report. Also most of the loan officers and small business investors ask for the 5 year business plan...

This article highlights the fundamental aspects to be considered while planning for a new hotel. It exemplifies that how the Research Region starts for the feasibility report on a new hotel.