Business planning processes in tourism family enterprises

Authors

  • Mike Peters

DOI:

https://doi.org/10.18559/ebr.2004.1.504

Keywords:

Family-owned business, Long-term planning, Small business, Tourism, Przedsiębiorstwo rodzinne, Planowanie długoterminowe, Małe i średnie przedsiębiorstwa, Turystyka

Abstract

Despite the fact that business planning can stimulate growth of small or medium sized enterprises, there is still a lack of tourism research focussing on planning processes in family businesses. The following paper presents a survey on family businesses in the Austrian tourism industry and investigates their planning and strategy development behaviour. The findings demonstrate that business planning becomes a major instrument of success and growth control in tourism family business although only less than 30% of the entrepreneurs can be identified as high-professional planners. Interpretations of the results lead to several implications for the tourism industry stakeholders and tourism research. (original abstract)

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Published

2004-06-30

Issue

Section

Research article- regular issue

How to Cite

Peters, M. (2004). Business planning processes in tourism family enterprises. Economics and Business Review, 4(1), 74-86. https://doi.org/10.18559/ebr.2004.1.504

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