So you want to open a bed and breakfast? This weekend seminar is a must for those who are serious about making a career change to innkeeping. The seminar provides an in-depth look into the business of innkeeping through insightful information and interaction with innkeepers. Attendees will gain perspective necessary to come to a decision about whether or not innkeeping is for them.
The economics of innkeeping will be demonstrated using financial models of various types and sizes of inns. The pros and cons of existing versus new construction will be discussed. A step by step approach to acquisition will include where and how to look for an inn, valuation, pricing, terms of the purchase and sale. Business and marketing plans required to start up an inn will be reviewed. Finally, a behind the scenes tour of the Merrill Inn will look at guestrooms, equipment, layout and front office systems.
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