Course 3: Creating a Solid Business Plan for Your Bed and Breakfast
Having a bed and breakfast business plan built on solid research is a great tool to access additional funding, and help you navigate the potential risks you may encounter during your first years of business. Accessing money for a home-based business is always very difficult – even if it is an existing bed and breakfast. If not positioned properly, your request for monies can be turned into a very expensive proposition. One of the biggest concerns potential bed and breakfast owners have is how to get the funding to make their B&B a reality. A bed and breakfast business plan is critical not only for funding purposes, but to also help you manage your business in the first few years.
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Learn How to Determine The Strengths, Weaknesses Opportunities and Threats of Your Bed & Breakfast
"I really liked Susan’s course especially the checklists and the lists of questions to ask yourself. I liked that she included in worst case scenario's and what her solution to that problem was. You really don't think about that kind of stuff when you're planning to open a B&B. Having the cost breakdowns and information in there showed us exactly if we were going to make a profit on it or not." - D. derR., Wasaga Beach, Ontario, Canada