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How to Open a Financially Successful Bed & Breakfast or Small Hotel
     

How to Open a Financially Successful Bed & Breakfast or Small Hotel

4.3 7
by Douglas R. Brown, Lora Arduser
 

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ISBN-10: 0910627304

ISBN-13: 9780910627306

Pub. Date: 01/12/2004

Publisher: Atlantic Publishing Group Inc

This comprehensive handbook with companion CD ROM will clearly demonstrate how to set up, operate and manage a financially successful bed-and-breakfast or small hotel. Whatever your reason for wanting to open a bed and breakfast, keep in mind that at it takes more than dreams and rooms to achieve success, it is a business that must show a profit. This book will

Overview

This comprehensive handbook with companion CD ROM will clearly demonstrate how to set up, operate and manage a financially successful bed-and-breakfast or small hotel. Whatever your reason for wanting to open a bed and breakfast, keep in mind that at it takes more than dreams and rooms to achieve success, it is a business that must show a profit. This book will separate the romantic notions of owning a B&B from the business end.

While providing detailed instruction and examples, the author leads you through finding a location that will bring success, learn how to draw up a winning business plan (The Companion CD Rom has the actual business plan you can use in MS Word tm.), how to buy and (sell) a B&B, basic cost control systems, profitable menu planning, Reservation Systems, successful kitchen management, equipment layout and planning, food safety & HACCP, housekeeping, successful beverage management, reservation networks, legal concerns, sales and marketing techniques, room rate formulas, arrival, billing, departure, learn how to set up computer systems to save time and money, learn how to hire & keep a qualified professional staff, brand new IRS tip reporting requirements, managing and training employees, generate high profile public relations and publicity, learn low cost internal marketing ideas, low and no cost ways to satisfy customers and build sales, learn how to keep bringing customers back, accounting & bookkeeping procedures, auditing, successful budgeting and profit planning development, as well as thousands of great tips and useful guidelines.

There are literally hundreds of innovative ways demonstrated to streamline your business. Learn new ways to make the kitchen, bars, dining room, and front office run smoother and increase performance. Shut down waste, reduce costs, and increase profits. In addition operators will appreciate this valuable resource and reference in their daily activities and as a source of ready-to-use forms, web sites, operating and cost cutting ideas, and mathematical formulas that can be easily applied to their operations. The Companion CD Rom contains all the forms in the book as well as a sample business plan you can adapt for your own use.   The companion CD-ROM is included with the print version of this book; however is not available for download with the electronic version.  It may be obtained separately by contacting Atlantic Publishing Group at sales@atlantic-pub.com

Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president’s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice.  Every book has resources, contact information, and web sites of the products or companies discussed.

Product Details

ISBN-13:
9780910627306
Publisher:
Atlantic Publishing Group Inc
Publication date:
01/12/2004
Edition description:
BK&CD-ROM
Pages:
288
Sales rank:
457,936
Product dimensions:
5.20(w) x 8.00(h) x 0.80(d)

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How to Open a Financially Successful Bed & Breakfast or Small Hotel 4.3 out of 5 based on 0 ratings. 7 reviews.
Guest More than 1 year ago
If you're planning to open a bed and breakfast as a hobby or with the notion that 'you're not really running a business, you're just making profits in your free time,' this is not the book for you. This book covers almost all potential areas that you'll need to know to run a professional B&B, and the level of detail will quickly dissuade anyone who isn't serious. That having been said, anyone who does want to run a professional bed and breakfast will find the information invaluable. The forms included on the enclosed CD pay for the book themselves--everything from employment applications to inventory forms, invoices, standard recipe cards, and kitchen safety inspection forms. The book covers all stages of the planning and setup process, including business plans, marketing and promotion, safety, and employees. Particularly useful is the section on marketing, something that most B&Bs that I've known tend to ignore. With a little creativity (and there are lots of suggestions contained in this chapter), your B&B can become part of the very identity of the neighborhood or city you live in, as in, 'If you want to capture the flavor of X, go to this B&B!' The only change I would make to the book would be to make the section on writing business plans a more user friendly for those B&B owners who have never opened a business before. Nevertheless, the book contains lots of hardheaded business sense, presented plainly and clearly, with many good examples of existing B&Bs to illustrate the point. While you may not need all the information included when you first open your business, this book will provide you with lots of options for a time when you're able to expand. I recommend this book to anyone seriously considering going into the B&B business as a business, rather than just a way of pouring money down the drain!
Guest More than 1 year ago
The book is packed with valuable information for anyone who has ever dreamed of opening a bed and breakfast. The layout of the book is easy to use and simple to understand. The authors go into great detail on many aspects of the business. It begins with giving the reader a realistic look at the time and effort, as well as, the financial aspect of what goes into starting such a business so that the reader can decide whether or not it will work for them. It has details on everything from how to select a location to writing a business plan. Also has everything you need to know about hiring, laws, and even how much to charge. The book comes complete with an easy to use CD-ROM which has many samples of business plans and forms needed to run the business. Complete and comprehensive, this book is likely to be a asset to anyone who wants to open a bed and breakfast, whether or not they have experience in it or not. Even those who already own one may want to read this book for new ideas and refresh on some subjects. Chocked full of plenty of information that is likely to be overlooked when first starting a business this book will help any entrepreneur get their business off on the right foot. Having worked in a bed and breakfast for several years, this book is sure to clearly help those who are thinking about starting their own bed and breakfast.
Guest More than 1 year ago
This book is absolutely great. It offers a realistic look into what it would be like to own a bed and breakfast. I assumed correctly that it would be a labor intensive gig, but the book pointed out so many things that I had never thought about ¿ such as serving breakfast may require special licensing in my state/city. This book is perfect for anyone thinking about owning and operating their own B&B. From room decorating to recipes from other B&B¿s, ¿How to Open a Financially Successful Bed and Breakfast or Small Hotel¿ seems to address everything a new owner would need to know, as well as offers tips on how to renovate and update existing bed and breakfasts. It offers a number of resources to make sure you are in compliance with you state and local codes, as well as tips on how to get financing for buying such a place. There is a comprehensive guide that will tell anyone not current on the etiquette of meal service the appropriate way to set a table, serve the meal, and how the meal should transition. Tips are abundant on how to save time on cooking, cleaning, and basically running the bed and breakfast. There is also a helpful section on hiring and firing help. The authors of this book have thought of everything. They even address how having pets or children would affect the business. In addition, the book comes with a very helpful cd-rom that offers a business plan in Microsoft Word that anyone can edit to fit their needs, several forms and a checklist of everything you will need to open your own B&B.
Guest More than 1 year ago
Lora Arduser & Douglas Brown have clearly struck upon the key components one must consider when opening a Bed & Breakfast. The initial chapters cover some of the more complicated financial considerations prospective operators should address when getting started: site research, local/federal laws and regulations, bank financing and real estate options ¿ such as buying an existing B & B or starting from ¿scratch¿. Practical ideas are not forgotten and are also presented such as visiting neighboring B & B¿s for comparison research, considerations regarding appropriate décor, recommendations on preparing a guest services policy, hints on picking a memorable name and ways to establish a presence on the Internet. This handbook also comes with a CD-ROM that is extremely helpful for those more comfortable using generic templates and check-lists designed by professionals surely a consideration when there are so many demands on ones time during the start-up process. These include personnel forms, purchase orders, food facility compliance checklists and guest ledgers. Other worthwhile chapters touch on topics often left out of similar resources - researching phone systems, attending to landscape details, establishing house rules and kitchen safety. This handy guide proves itself time and time again as a gem of a resource.
Guest More than 1 year ago
The book is great and the most updated on the subject - but the CD rom included with the book is superb and a very nice added bonus! It contains a full 50+ page business plan in Word for easy editing with financial statements, over 50 customized forms for your use in PDF format, and a check list of thousands of items you need to open - these are all bonus items included on the CD ROM !!! We have looked at other business plans and software and all were over $100.00 - this is a great value - my only comment is the book is so packed with info. the type size is a little small for my aging eyes...
Anonymous More than 1 year ago
Anonymous More than 1 year ago