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 superior shot at making a success of your busienss.
HomePowerBiz states you’ll need enough money to purchase 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, HomeBizNotes
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