Plus, holiday camps present a golden opportunity for your current members to bring along their friends for a taste of what you offer. Since it’s not a long-term commitment, it’s an easy, no-pressure way for newcomers to experience your services. So, not only do you get to serve your existing customers better, but you could also win over some new ones.
Offer year-round employment to your team
The benefits of holiday camps extend beyond just your own financial gain. Many of your team members would appreciate the opportunity for a steady income throughout the year.
Plus, offering consistent work is an effective way to retain your talented staff, especially in an industry known for high turnover rates.
How to make a sustainable holiday camp business model
In order to prevent burnout and financial laos rcs data failure, you have to find strategies to make running your business as easy and streamlined as possible.
That requires planning and looking at the bigger picture.
Here are some ways Katie suggests this can be done:
When you find talented individuals, make every effort to keep them by your side. Listen to their concerns, support them as much as possible, and give them financial stability by giving them work throughout the year.
Promote monthly payments over termly fees
Katie recommends avoiding having a huge influx of cash at the beginning of every term as it makes it hard to budget and plan financially. By encouraging your customers to switch to monthly payments, you can ensure a steady flow of income that’ll help you avoid revenue dips throughout the year.
Carry out an annual business check-up
At the end of each year, gather your data and take a hard look at what did and didn’t work. Katie recommends asking yourself the following questions:
What times did you run the camp?
Did you offer a theme?
What discounts did you offer.