Business Plan for a Bed and Breakfast: Annabelle's B&B

 

business plan bed and breakfast

A Start to Finish Guide to Opening A Bed & Breakfast: The Business Plan. by Ellen A. Fredette Bachelor of Science University of New Hampshire, Durham, NH A professional paper in partial fulfillment of the requirements for the Master of Science Degree in Hotel Administration William F. Harrah College of Hotel Administration Graduate CollegeAuthor: Ellen A. Fredette. Bed and Breakfast Business Plan. Coach House Bed and Breakfast. Executive Summary. Introduction The long-term goal of Coach House Bed and Breakfast (Coach House) is to become the best choice on Tybee Island, Georgia for temporary lodging by creating a differentiated. The Enchanted Vineyard Bed & Breakfast is a charming bed and breakfast (B&B) located in the Lorane Valley, outside of Eugene, OR. The valley is well known for its beauty and concentration of vineyards. The B&B will be set up as a sole proprietorship of Missy Stewart. The B&B will reside in The.


Bed And Breakfast Business Plan


As of this writing, the decision to incorporate has not yet been made, but will be considered after the owners relocate to Bloemfontein and establish local legal representation. Rosevenor will reside on the property, managing and maintaining the business. Marsh will remain in Johannesburg to fulfil his employment contract. Marsh will resign, and transfer his retirement money to the capital reserve.

We also offer conferencing and other events facilities. The outdoors, with its access to the garden, a beautiful rose clad front business plan bed and breakfast, and a private deck, is the perfect location for a summer garden wedding or party. With the capability to cater for over guests, business plan bed and breakfast, Annabelle's will make the event smooth and easy for the event coordinator.

We will also offer discounted packages for group bookings, making it convenient for party guests looking for accommodation. This projection is without any significant increase in advertising or exposure, but is based on the general average increase in tourism.

Our two major customer segments are business travellers looking for accommodation in Bloemfontein, and tourists driving on the N1, looking for over-night accommodation, business plan bed and breakfast.

We plan to be registered at every major destination-website in South Africa. As we are located on the main road coming business plan bed and breakfast Bloemfontein from the N1, our location will also play a key role in the marketing strategy that is directed at tourists, passing by. We will direct our marketing efforts for conferencing and other events, at the locals in Bloemfontein. Strengths: Has an award winning restaurant.

Sells produce in local grocery stores. Weaknesses: Does not focus on one specific market, it specializes in too many different avenues to compete effectively in the hospitality industry. Strengths: Has a day spa with a selection of beauty treatments.

Weaknesses: They are very expensive and cater mainly for women who makes it a destination, rather than an over-night option. With the right exposure, we believe that we can gain a significant amount of market share in the Bloemfontein hospitality sector.

Membership in WheretoStay. In addition, WheretoStay has developed exclusive relationships with other destination websites. It is much less expensive, yet more comprehensive that traditional marketing. It is also extremely effective, since we target our marketing efforts on customers business plan bed and breakfast are looking for accommodation, rather than traditional advertising, business plan bed and breakfast, where the target is usually uninterested.

Annabelle's will sell its rooms directly to repeat customers, as well as on the destination website WheretoStay. All reservations will be handled by Mr. Repeat customers will have the privilege of priority reservations during the high season. Our sales forecast is based on the historical industry trend of Bloemfontein and the following rates an occupancy assumptions:.

The Annabelle's will operate as an owner occupied business. As mentioned above, Mr. Rosevenor will reside on the property while performing necessary day-to-day management tasks.

The co-owner, Mr. Marsh, is currently employed in Johannesburg, but will retire in September business plan bed and breakfast will relocate to Bloemfontein. Since he will reside off the property, his total planned compensation is higher than that of Mr. Please refer to our Financial Plan page for more information on what the Financial Plan entails.

Please refer to our Break Even Calculator for a formula to calculate the Break-even point. Click here to download a Cash Flow template. Click here to download an Income Statement template. Click here to download a Balance Sheet template. Page 1 Page 2.

 

Writing a Business Plan for a Bed and Breakfast

 

business plan bed and breakfast

 

Bed and Breakfast Business Plan. Coach House Bed and Breakfast. Executive Summary. Introduction The long-term goal of Coach House Bed and Breakfast (Coach House) is to become the best choice on Tybee Island, Georgia for temporary lodging by creating a differentiated. The Enchanted Vineyard Bed & Breakfast is a charming bed and breakfast (B&B) located in the Lorane Valley, outside of Eugene, OR. The valley is well known for its beauty and concentration of vineyards. The B&B will be set up as a sole proprietorship of Missy Stewart. The B&B will reside in The. This free, printable business plan outlines key strategies and market development for starting up a bed and breakfast and competing against other inns, motels and hotels in .