ASSIGNMENT NO 3

Submitted By
Name: SAMI UL HAQ
CMS ID: 42439
Class: EE6th
Subject: Entrepreneurship and Leadership
Date: 12/10/2020
Topic name: 5 Ideas of competitive advantage for business
Department: ELECTRONIC ENGINEERING
Faculty: FICT
Submitted To
Name: Mr. Hewad khan Bazai

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 Competitive Advantages That would Enable A small General Business To
Compete in the Market

Business Idea:Travel Planner

Idea # 1 Low Cost per Tour:

At the start-up of business low cost of tour impress the customer, the profit may
not that much good but low cost help us for growing our business. The satisfied
customers will refer our travel agency in family, friends and in the society. This
reference will develop a good stand up for the agency. Low costs will actually the
best key to compete in the travel agencies.

Idea # 2 Traveling special Guider/assistant:

There are some people who want guider for traveling tour. Like celebrities their
time are so important and they don’t want to waste time in airport and
accommodation, the guider or personal assistant manage their meeting planning
and parties schedules. Many people wants take an assistant with him during his
traveling and to enjoy and satisfy with the tour.

Idea # 3 Translator:

Some peoples don’t know multiple languages and they face different problems to
communicate with other languages peoples. When they go for tour they cannot
convey his ideas in the meeting or in conferences. That’s why translator plays
important role in there tour and make them easy to convey their messages in
front of other languages people.

Idea # 4 Traveling Event Planner:

Event planners plan corporate and professional meetings and events. They
typically arrange everything from catering to selecting the location to travel
accommodations. If you have the networking, organizational and time-
management skills, you could travel the world as an event planner. Event
planning worldwide could open up even more travel opportunities and larger-
scale events in the long term. 

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Idea # 5 Maintenance Person:

Generally someone wants to travel for his/her vocations. Almost everybody

worries about their home. So if our travel agency offers this type of facility to the
traveler to take care of their houses when they are on vocations. Everyone needs
this type of facility regarding their homes and they will be satisfactory enjoy their
tour. Maintenance person will take care of their home when they are on
vocations.

References:

https://www.businessnewsdaily.com/10600-business-ideas-travel-lovers.html

https://www.wordstream.com/blog/ws/2017/04/19/travel-marketing-tips

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