This article discusses the various sources of funding available for companies in the travel and tourism sector. It explores the role of government funding, capital projects, and non-public funding options such as debt and equity funding. The article also highlights the advantages and disadvantages of each funding source.
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From Cycle route development andimprovement: This consists of creating a unique route for public transport. It is important so that vehicle do not face problem's and cycle can move through unique root. Hence management provides security and protection to all cyclists. Advantages: Main advantage is that company provides protection to cyclists and hence people can live safely. Disadvantage: It can create problems and conflicts in the country. Provision of secure cycle storage:There are rules and regulations regarding the parking facilities of the cycle. These facilities include conveniently located, easy to use and sheltered etc. Innovative designs can be created so that firm can easily make provision for cycle storage. This helps the organization to maintain positive image in society. Advantages: It gives comfort to many people as they can store their cycle in proper location. Capital projects: Company has borrowed the amount and they can invest in capital projects. It includes the tourism information point which are very important for every people. The amount can also be invested in protecting the environment. It is also used so that they canconstructmanysmallheritagesites.Theycanmake improvement in footpath cycle paths. This fund is also used in Bridleways. It is a recreational horse riding. This bridleway helps in generating of more revenues. It is a type of exercise and it can also enhance the business and tourism activities. There is nonpublic funding in which funds are given by public to people so that they can generate more revenues. It includes: Debt funding: In this step company can issue debentures and then they can easily raise the funds. Through this they can invest the amount in profitable activities. Equity funding: Company can easily issue equity shares and hence it can easily raise the amount and it results in investing all activities. Govt. funding: Govt. also give certain funds so that company can invest funds in profitable activities and company can easily earn more revenues. Therearedifferentsourcesoffundingwhichisavailablefor company. Through this they can easily invest the amount in different activities. Hence company can easily earn more revenues and they can easily maintain positive image in minds of all users. Sources and distribution of funding for development of capital projects used by Dalata group plc are described below: Sources: Role of department of culture: This is a department which gives advices related to legislate policy and sector development. It also creates various strategies related to communication, digital media and ministryfortsportandrecreation.Ithelpsinmonitoringand evaluating different activities. Hence company can easily receive funds from this source. Media and sport (National lottery commission): It is a Govt. body and it takes the benefits that lottery brings to the nation. Hence company can use the amount of lottery and they can manage the activities and operations. European social fund: This fund is given so that it can generate employment opportunities. Hence company can receive the funds and they can select more talented staff members who can manage all activities in an effective and efficient manner. Through this they can manage all operation's and this results in earning of more revenues and they can also increase the market share. There issmall scale tourism development infrastructure grants can give funds and it can easily provide the money to company. It is done sothatcompanycaneasilyincreasethetourismactivitiesand operations. This also helps the company to generate more revenues. Pedestrian Finger posts: These are signs which are located in many places. This helps the company in giving guidance to many people and individuals can also move to different places through these signs. Advantages: People can move to other placers through these signs and it is beneficial to many people. Finance and funding in travel and tourism sector (Different sources and distribution of funding)