Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 4 Number 1 pp. 74-86

Mike Peters

University of Innsbruck, Austria

Business planning processes in tourism family enterprises

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

For citation:

MLA Peters, Mike. "Business planning processes in tourism family enterprises." Economics and Business Review EBR 4.1 (): 74-86.
APA , (). Business planning processes in tourism family enterprises. Economics and Business Review EBR 4(1), 74-86
ISO 690 PETERS, Mike. Business planning processes in tourism family enterprises. Economics and Business Review EBR, , 4.1: 74-86.