How to Start a Bed and Breakfast
Starting a bed and breakfast can be living the ultimate dream for some. For starters you get to live in an idyllic location because of course your location matters considerably if you want to attract visitors. Bed and breakfast owners can also benefit from meeting all kinds of interesting people and travelers, they can take care of young children because they work from home and they get to enjoy a lifestyle that can be more relaxing than a lot of other ways to make money can purport to offer. Before you decide to open your doors to paying visitors though, you must make a few considerations.
What Do You Need to Start a Bed and Breakfast?
The most obvious factor is your accommodation. If you already own a home in a prime location then you have already won half the battle. You should be able to offer guests a room to themselves, proper bathroom facilities and of course a comfortable place to take a meal, which you will also provide. Typically a bed and breakfast setting offers a homely sort of accommodation that is more affordable than staying at a hotel or resort, but it must also provide guests with some degree of privacy. In addition to this you can offer other services, such as airport transfers, tours of the surrounding area, rental cars or links to rental cars and possibly even the choice of all meals and beverages. This requires the ability to control different aspects of cost and time management.
How Would You Market a Bed and Breakfast?
Many travelers use the internet to find their accommodation so having a website to showcase your bed and breakfast is key to finding potential visitors. Alternatively you could pitch your guest house to local travel agents so they can offer your place as part of their package deals.
Can a Bed and Breakfast Make a Living?
A bed and breakfast can certainly make a decent living. Your costs can be recouped over time if you need to purchase a house to get started, but it can definitely be a great investment of your efforts if done in the right way.
What are the Tradeoffs?
The major tradeoff of starting a bed and breakfast business is the inability to go on a sporadic vacation yourself. You will need to be available at all times and this business does tie you to your property to some degree. You must be there to attend to the needs of your guests or be prepared to leave someone that is extremely responsible in charge.
Starting a bed and breakfast can be a great way to become an entrepreneur and live your dream.
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