Subject category:
Entrepreneurship
Published by:
Babson College
Version: 10 May 2004
Length: 12 pages
Data source: Field research
Abstract
USA Golf Holidays is a five-year-old business specialising in customised vacations for golfers. Its 2003 revenue was $5.8 million with a loss of $225,000. The chief executive officer (and founder) is planning the next stage for the company. He hopes to build on USA Golf Holidays' competencies and grow the company's revenue to approximately $50 million by 2007. Issues he is considering are: (1) whether to expand beyond golf vacations; (2) how to use information technology to improve the company's operations; (3) how to raise money to fund the growth strategy; and (4) whether he is the right person to lead the company in its next phase.
About
Abstract
USA Golf Holidays is a five-year-old business specialising in customised vacations for golfers. Its 2003 revenue was $5.8 million with a loss of $225,000. The chief executive officer (and founder) is planning the next stage for the company. He hopes to build on USA Golf Holidays' competencies and grow the company's revenue to approximately $50 million by 2007. Issues he is considering are: (1) whether to expand beyond golf vacations; (2) how to use information technology to improve the company's operations; (3) how to raise money to fund the growth strategy; and (4) whether he is the right person to lead the company in its next phase.


