Beginning a business is an extremely nerving task, there is a large amount of risk involved and statistics that suggest the business will fail. Many business' that open each year fail to even last as long, there is no guarantee for success nor guarantee that the journey will be easy, but for small business owners preparing and understanding the physical resources required to begin the business can make a large amount of difference. When considering the physical resources that will be required to begin a business it's easy to underestimate the type of items required plus costs, careful consideration needs to be used to acknowledge if the resource is needed or resource is natural/existing. All resources should have upmost value to a business in the early stages and all costs, potential suppliers and timing/need of the resource should be identified. Waingaro thermal spa and eco lodge is a business that is in high need of resources to begin the business including; Equipment/Property, furniture, office essentials, fixtures and stock. Some resources will be natural, while others are existing and many will need to be purchased. There are resources that aren't fully required and others that are crucial/critical and in must need of the business. .
Equipment/property: .
There are numerous matters to be well-thought-out in terms of equipment and property, all of which will have a massive financial implication for budgets and cash flow. What property and equipment is required to produce our service offered? Do we currently own any of this, or can it be bought cheaper (second hand)? Currently we will have to import equipment and hire qualified buildings to design and build our eco lodges, thermal swimming areas and front reception, although the buildings will be expensive, natural resources will be incorporated to cheapen the process and maintain the ecological effect we desire. If it is very specialised, will there be a long lead-time for delivery? The delivery of equipment need to build the properties will be a fast process, but the time it takes to gain consents and start building may take longer, it will also take time to install and commission before becoming fully operational.
