Capacity & Commercial Impact Calculator
As restrictions begin to ease and businesses reopen, Fáilte Ireland, in conjunction with industry experts, have developed a suite of operational performance supports to help businesses determine the financial implications of new operating models.
The ‘Optimise Your Operations’ guide to assist owners and managers to think creatively about how they can use their existing assets. This document outlines a series of considerations (for example, on operational planning, potential new business models, addressing physical distancing on site, innovative usage of space, etc.), with suggestions and guidance from sectoral experts to help navigate the reopening process and to optimise both the experience and the sustainability of the business.
The Capacity & Commercial Impact Calculator will help you critically assess which parts of the operation can function profitably, how to utilise any available space to help overcome capacity reductions and where to drive efficiencies. As each business is a different size, fit-out and shape, you must determine your new capacity and input this into the calculator. Additional calculators for specific sectors are in development.
Key benefits for you in completing the calculator include helping you to understand:
- The effect of reduced capacity within your business
- The commercial impact of cost management and revenue generation opportunities
- The feasibility of new service options (e.g. food offering, room/space hire, etc.)