Hi, I'm Susan Poole. I've owned the award-winning 40 Bay Street Bed & Breakfast in Parry Sound, Canada for over 10 years, and generate 3 times the revenue of other local B&Bs with just 3 rooms. For the last 5 years, I've been helping others who want to own their own B&B to figure out whether a specific property can produce the income and personal fulfillment they envision, by sharing the secrets I've learned over the years. I can help you determine the financial viability of a property before you even risk a penny!
Would you like to do all this AND get paid for it?
Chances are, you’ve been thinking about starting a B&B of your own for a while now. Such a business venture has “labour of love” written all over it. Believe me, I know!
Have you done any research on the topic? It's pretty frustrating! Books and courses are pretty generic. Most B&B owners answer your questions with “it depends…?” BUT they don’t tell you what it depends on!
Even if it’s your dream, you can’t forget the business aspect of things. And like any business, it seems overwhelming looking in from the outside.
And, there are a lot of things to worry about…like
On top of that, it’s a risky business...
...in Canada, 70% of B&Bs earn less than $30,000 in gross annual revenue!
...in the US, the average net income is only $2,500 per room.
Hardly something to dream about, is it?
But here's the good news....you don't have to be part of this sad statistic.
What if your dream B&B could be one of the odds-defying high earners?
And what if....
....you could make sure it would be profitable before you risk even a penny of your own money?
Here's the #1 thing you need to know to guarantee the financial success of your future B&B.
And right now, you have the unique opportunity to learn how to do it with certainty.
I am currently running the next course for a small and select group of people who are serious about owning a B&B. I will personally work with you to teach you how to know if any B&B property, new or existing, no matter where it is located, will make you money or not - and how much.
I assure you, these are perfectly normal thoughts - and you are not alone! I was there 10 years ago, and I want to save you time and money by showing you how to get the answers to all your questions - even those you didn't even know about - like liability issues!
After completing the course - you won't have to guess!
With 11 successful years as a B&B owner, I have figured out what it takes to make one tick, and over the last 5 years, I've proven consistently that my system works.
It took me years of trial and error - and cost me thousands of dollars to figure out the answers to many questions. You won't have to face the same challenge, because...
I won't deal with broad generalities or "it depends" responses. If I don't know the answer, I will work with you until we do!
This course is available on-line, so you can work through the materials at your own pace. You will meet with me via phone or skype at least once during each topic to ask questions and make sure you understand how the lessons will impact on your success. In the intervals in between, you will have access to a private Facebook group and live, monthly group Q&As.
Each session includes:
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 scenarios 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."
We have visited and talked to many bed and breakfast owners, but still had no idea of how owning a b&b would affect our life. Now we know what the roadblocks may be, we have gone back to the drawing board to see how we can overcome the obstacles Susan helped us identify. She really does want us to be successful, and we look forward to having her by our side through the whole thing!"
I have been investing in real estate and have been a landlord for over 25 years. I have never run a B&B before and it is a whole different animal. Different rules, marketing and work load, I did not want to learn the business by trial and error so I looked for a coach. You can profit by [Susan's] experience, research tools and her genuine wish for you to succeed... Any of her fees are much cheaper than the cost of learning the hard way."
It's all about Location!
Discover how location impacts your success
Topic 1: The 3 secrets of a great location
Topic 2: Is my location going to work for the type of B&B I want?
Topic 3: Doing the research
1:1 Meeting with Susan + BONUS: Legal Compliance Work Book
Guess who's coming for breakfast?
Find out why it is so important to know who your guests will be
Topic 1: How to figure out who your perfect guest is
Topic 2: How to find out if your location attracts enough of your perfect guest
1:1 Meeting with Susan
Have you got what it takes to be a B&B Owner?
Find out whether owning a B&B will be a dream come true - or a nightmare
Topic 1: Have you got what it takes to be a B&B Owner?
Topic 2: Running a B&B - how much time does it take?
1:1 Meeting with Susan + BONUS: How to stay sane during your busy times
Show me the Money!
Learn whether the work you will have to do is worth the income you can generate
Topic 1: What do B&B guests look for in choosing accommodation?
Topic 2: Getting to know the competition
Topic 3: Setting your room rates & calculating revenue
1:1 Meeting with Susan + BONUS: Sources of Additional Revenue
How Much is Owning a B&B Going to Cost Me?
Explore the types of expenses that B&Bs typically struggle with, and learn some ideas about how to deal with them
Topic 1: The #1 most overlooked expense
Topic 2: Typical start-up costs
Topic 3: Basic business expenses
Topic 4: Managing cash flow
Topic 5: Drafting your B&B's budget
1:1 Meeting with Susan + BONUS: Tips for managing expenses
Putting the Pieces Together
Can you afford to own a B&B and still enjoy life?
Topic 1: What's Your bottom line?
1:1 Meeting with Susan + BONUS: How to keep the momentum going
This is your opportunity to learn from an experienced and successful Bed and Breakfast owner how to figure out if your future B&B will provide you with the income to support the lifestyle you envision.
Your Price is only $1497 $997
100% Satisfaction Guaranteed
I have owned the award winning 40 Bay Street Bed & Breakfast in Parry Sound, Ontario, Canada since 2006. My B&B is in a seasonal tourist town and makes three times as much money as the other local B&Bs with just 3 rooms. I make a living by working just 5 months a year!
I decided I wanted to help people who wanted to own a bed and breakfast answer the same questions I had when I started researching the topic - almost 15 years ago. I tried everything - I took courses put on by B&B owners on how to run a B&B; I read books on the topic; I even bought and downloaded a so-called B&B Business Plan. None of them helped me to answer my key question: Could I make a living doing this and still have a life?
More than five years ago, I started out helping other B&B owners understand how to run their business so that they could make more money. From that, I realized that if people had the correct information right from the start, they wouldn't be in danger of losing their home. Since people were approaching me with the same questions owning a B&B that I had all those years ago, The B&B Coach was born.
My work has been recognized throughout the industry on an international level. I have been interviewed by Martha Stewart Live Radio, MoneySense Magazine and a variety of web-zines. I am a regular contributor of articles on owning a B&B within the industry.
I want to help you avoid the mistakes I made that cost me time, money and a lot of white hairs, so that you can move forward with confidence and the knowledge that you can make a go of it financially, and still have a great life!
It is never too early to start your research into turning your dream into a reality! It took me five years from the time I first realized I wanted to own a B&B until I actually opened the doors. During that time, I was able to collect a lot of ideas on how I wanted my B&B to be and I was ready to jump when the perfect property appeared.
If you've done any research, you know the information is either very generic - or specific to that person's B&B. And trying to get an answer to your question, based on your personal situation is almost impossible! I am only an e-mail away and promise to get back to you generally within 24 hours.
100% Satisfaction Guaranteed
You are fully protected by my 100% Satisfaction-Guarantee. If you don't get think the course will help you to determine how much your future B&B can earn by the end of Topic 2 of Lesson 1, you have up to 24 hours to let me know and I'll send you a full, prompt refund.
No matter where you want your bed and breakfast to be, there are local, state/ provincial and federal laws that impact on a B&B. I help you make sure that you understand what those are, and how to make sure you are compliant, so you don't get shut down. In addition, owning a B&B is a lot of work. Before you start investing, wouldn't you like to know if you will be able to generate the type of income you want?
If you've completed my no-cost mini-course Your Dream B&B in 4 Easy Steps, then you more than likely have a pretty good idea of your potential location. Using that as a starting point, you will learn what makes for a great location and how to find if enough of the right type of guests are coming to the area. From there, a good grounding in the finances will help you determine if any location would work for you as a B&B
Not only will this course help you figure out if the existing business is the right one for you, it will help you identify opportunities for growth - required if you need to apply for funding. In addition, all the research you do will be very helpful when you move forward with your business plan.
In my experience, it's never too early to start your planning, so that when the right property/time comes along, you will recognize the opportunity and be able to grab it. It's important to realize tourism trends do change, so you might have to go back and review your plans to make sure they are current.
Definitely! It's important that you involve the person who will be part of this journey with you in order to be successful. Whether it's working through the materials or during our 1:1 sessions, they are more than welcome to be part of the process.
All you have to do is send me an e-mail. I will either answer them that way, or set up a time when we can speak directly.
P.S. Seats are limited, and strictly on a first come, first served basis. Once they're gone, they're gone!