Starting a Bed and Breakfast: Do you have what it takes?
I have been writing about bed and breakfasts as places to stay on a boomer vacation and as a business for baby boomers. Today, I’ll talk about how to start one and your odds of succeeding.
HomeBizNotes wrote about bed and breakfasts a few months ago and listed 21 “brainsparks” for you to consider if you’re thinking a B&B might be a great business. I agree with their list and would add that the key ingredient seems to be your location. If you’re in a tourist location, even if it’s seasonal, you have a better shot at making a success of your busienss.
HomePowerBiz says you’ll need enough money to buy or renovate the house, and that you’ll be working full-time in “season.”
Does a B&B sound like a business you might be interested in starting? This weekend, I’ll be reporting from my favorite B&B, and I’ll interview the owner. What questions would you like me to ask her?
Tags: baby boomers, bed and breakfasts, businesses, home-based businesses, HomeBizNotesRelated Stories
POSTED IN: Boomers nearing retirement, Businesses for Boomers
2 opinions for Starting a Bed and Breakfast: Do you have what it takes?
What do you need to be a B&B Owner?
Jun 18, 2008 at 8:03 am
[...] To continue my interview with the owner of Olde World Bed and Breakfast in Dover, Ohio (Check out Part 1-intro, Part 2-benefits of staying in a B&B, and part 3-cost/benefit analysis of b&b ownership). [...]
Business Ideas for Baby Boomers in 2008
Dec 29, 2008 at 7:36 am
[...] and Breakfasts, Part 1, Part 2, an Interview with a B&B owner, and Do You Have What it [...]
Have an opinion? Leave a comment: