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Running a B&B

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Running a B&B




A lot of work goes into running a B&B. More bed and breakfasts exist than we may really realize. The majority of these tend to be operated by a couple after the kids have left home. Some are full time establishments that cater to the tourist crowd. They make most of their money off of vacationers needing a nice place to stay.


Running a B&B doesn’t have to be a full time venture though. Some people rent the spare rooms in their home to college and university students needing a place to stay or the newcomer to town who does not yet have a place to live.




There is a bit of a catch concerning running a B&B. Many hotels are now labelling themselves that way to give a more homey and comfortable image. This is a misconception. When people are looking for a bed and breakfast to stay in they are generally looking for a temporary home. You will have to embody this atmosphere if you wish to have true success running a B&B.




If you plan to go full time you had better be prepared to spend most of your waking hours involved in the operation for the first year or two. Keeping your home clean, planning and preparing the menu choices and staff management are just a few of the things that will keep you going. However, when you meet the people who want to stay in your house it will be all worth it. You will never find yourself alone for long, especially in the tourist seasons. Running a B&B is hard work yet it can be so rewarding for the owners.


Here is a horrific fact. Most B&B's can't be sold!
Why?
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:
B&B Advertising

A successful bed and breakfast doesn’t start and end upon opening. B&B advertising is required to promote your business. There are a number of ways you can do this. It’s most effective to utilize as many as possible. One form of B&B advertising is word of mouth. A satisfied customer will tell others about their go (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)





Readers Comments

Thank you, thank you
We had run out of gas. We jumped into our Inn without really knowing what to do. You've given us hope we can get out of the mess we've got ourselves into. Last night we decided to take our place off the market and start fixing it.
We definately owe you

Larry and Lori B.

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"Running a B&B"