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We also took it further by analyzing and drafting a sample bed and breakfast business marketing plan template backed up by actionable guerrilla marketing ideas for bed and breakfast businesses. If you have got the interest to invest in the hospitality industry but you lack the start – up capital to start your own hotel or motel, then you should consider starting a bed and breakfast business.Bed and Breakfast business is perhaps one of the easiest means of owning a business portfolio in the hospitality industry.The bed and breakfasts industry is still growing despite the fact that there are many players in the industry.
Normally, people that run bed and breakfasts make used of their private homes or their family homes.
The average bed and breakfasts have 6 rooms, but generally, bed and breakfasts operate 4 to 11 rooms within a facility.
The use of these facilities is often complimentary as bed and breakfasts are becoming preferred locations for retreats.
A recent survey conducted by PAII found 42% of 800 respondents had meeting room space in 2002, compared to 28% in 2000.
Here below is a sample business plan template that will help you.
The hospitality industry has been in existence from time immemorial and it is still waxing strong simply because people can’t do away with the services they offer.
In recent times, you can easily find facilities such as wireless internet access, free parking, spa services or nightly wine and cheese hours in the average bed and breakfasts.
This line of business is indeed a profitable business because you can operate the business with your family members, thereby cutting operational cost to the barest minimum.
If YES, here is a complete sample bed and breakfast business plan template & feasibility report you can use for FREE.
Okay, so we have considered all the requirements for starting a bed and breakfast business.