Building a Bed and Breakfast
Here's To Your Profitable
Bed And Breakfast
Building a Bed and Breakfast
Many people entering the bed and breakfast industry will buy one that is currently operating. These locations tend to be readily available. Sales listings are rarely lacking in choices. However, some people are much bigger dreamers. Building a bed and breakfast is not unheard of but it isnít easy either. If you want to build your business from the ground up there will be an array of legal requirements. Your local town or city hall should be able to give you the necessary information.
Before any ground work or construction can begin you need permission. Every jurisdiction has zoning laws for businesses. You have to obtain legal permission for building a bed and breakfast on the selected property. Depending on your chosen location you may have to apply for specific permits. Many areas will not allow construction because of residences or schools. Be clear on all aspects before going ahead with building.
Instead of building a bed and breakfast, some people use their own home. This is often the situation but it also must meet zoning requirements. Private property is subject to local laws. If you find yourself turned down in all aspects, get some legal advice. In some cases you may be able to have someone work on your behalf. There are lawyers who specialize in zoning regulation issues. Proving that your bed and breakfast would be a valuable asset to your community can often sway the decision of local law makers. Educate yourself so you know your options and rights. Everything worth having is worth fighting for.
Here is a horrific fact. Most B&B's can't be sold!
The majority of B&B's simply don't generate enough revenue to make them viable businesses.
The good new is that there is a small group of owner/operators who have busy, profitable operations and are becoming wealthy.
Unfortunately, many new B&B owners simply don't have the insider knowledge to succeed in today's environment.
Too many hard working individuals are losing their money, and their dreams, due to a lack of specific information.
If you are thinking about opening your own B&B, or struggling to make your current place profitable, please take our quiz to see if your "industry knowledge" is up to date.
Most of the current Bed and Breakfast training is based on an industry that existed 20+ years ago. Today's marketplace is much different. This is the insider information that the wealthy minority use everyday to improve their operations. Do you know whether you are seeing today's B&B big picture, or your knowledge is still based on an industry that existed in the 1960's, 70's or 80's??
Test yourself with our B&B industry quiz (click here)!
One particular struggling B&B couple caused us to write down this information. We knew there was just one or two things we could have told those rookie owners that would have made a difference. Unfortunately, we didn't get the chance. To read more about that story, click here
The Farnhams (Robert and Patricia)
(authors of "BedandBreakfastProfits)
(We just LOVE B&B's)
More Related B&B Reading:
Buy a Bed and Breakfast
Whether you are a new entrepreneur or already an established business owner, it is a big deal to buy a bed and breakfast. There are a few things you should be aware of before jumping into anything too soon. Consider the financial aspects, your family and the long hours. So many details go into the decision
(read the complete b&b article.)
Do You Have What It Takes To Become A Successful,
Profitable B&B Owner/Operator!
(click here to find out)
More Readers Comments
This information should be required reading for anyone thinking of opening a B&B
Robyn T. Wright
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"Building a Bed and Breakfast"