So, you have the money, and you want to spend it wisely. Do you want to invest in something that will bring you profit and provide you with a brighter future and security? Are you thinking of starting a B&B business?
It’s certainly a great business, but where to start? What is it that B&B owners do all day? Do you need to pay special attention and invest in certain bed and breakfast investments? The questions never end, but luckily, we have the answers to the most important ones!
Paints and Renovations
The cost of opening a B&B is first on the list to consider. Experts will advise you to make a plan and enter the current balance in your account, see much you are willing to set aside for your new business, and then figure out the details.
When you have a plan in front of you, you will find it easier to make the process and dispose of your resources. Another great tip is to open a special account for that business exclusively and to transfer a certain amount of money to that account every month.
Once you’ve legally sorted everything out and invested in the property, start by thinking about both exterior and interior renovations, such as painting. Paints will make the house look new, which will definitely attract more people.
As for renovations, pay attention to the roof, windows, and doors. They need to be in good condition. Any malfunction, outside or inside, should not be ignored. Hire professionals because this business can bring you a lot.
Marketing and Advertising
Marketing and advertising are wide. It can be in the form of internet marketing, such as a site or page on social networks and paid advertising through them. Your focus may be on billboards and brochures that you will pay teenagers to share in large shopping malls.
Of course, you can leave brochures in various cafes or pay for advertising on TV or radio. These are all great methods, and there are many more, but only one is good for you. And what is the method in question, and how is it used?
The answer is quite simple. Only the methods that your ideal guest encounters are good for you. The location and style of the interior and exterior, as well as everything else that the property offers, greatly influence who your audience will be.
If you are targeting truck drivers who pass through your city almost every day and need an overnight stay, you will set up billboards on the way to your B&B. Maybe it’s foreigners who come to your beautiful state to visit certain sites or for a vacation. Then you will choose to advertise on the internet.
Beds and Linens
Should you invest in quality linens materials? That’s an inevitable question. Your customers will not enjoy low-quality materials, especially if they pay a good price for your B&B service. Surely, the beds are the number one priority. Your guests want to rest and enjoy themselves.
But seriously, don’t underestimate these two. The bed needs to look unique and comfortable. Linens should be brand new or, at least, look preserved. Of course, you will not buy new bedding after each guest.
To achieve the comfort of the bed, it is not only important what the bed itself looks like and the bedding, but also the mattress. Satisfied customers are important to you, aren’t they? They will come out well-rested, satisfied, and smiling, and they will also spread the word about you.
So, premium beds, mattresses, and linens are a priority. Believe us that you will never regret that you invested the money right there. A good bed lasts up to 5 years, just like a mattress.
If well maintained, quality bedding can last up to two months. It is money that you will surely get back, and at the same time earn well thanks to these investments.
We know very well what will turn down every customer: dirt, moisture, dust, insufficiently clean dishes, bedding that failed to wash well after previous visitors. In the hospitality industry, cleanliness is a must. How much do you agree with us?
If you are in the beginning and are currently renting out only one room, you are probably maintaining it yourself. And that’s fine — for starters. But then, when you expand to more rooms, you will need help. Also, when you cannot maintain that one room in perfect condition, you need a professional.
Here are some of the essential cleaning tips for bed and breakfast. The use of high-quality cleaning products that are not harmful to furniture is of great importance. We will also remind you to clean often. Even when you have not had a customer for two months, dust accumulates. You should also install freshly washed beddings.
Ventilate the room regularly to avoid the accumulation of moisture and ensure that the plants inside the room can breathe. Pay attention to door handles and keys. We only mention this because these are the two things that everyone touches the most, and yet, we forget to give them disinfection.
Last but not least, invest in housekeeping. You are the owner, so you do the marketing and everything else. If you do not have time to thoroughly clean your bed and breakfast room(s), hire a professional.
Stay up to date with trends, prices, and everything else. To be successful in what you do, you need to teach your business to the core. Research is very important for improving investments in bed and breakfast you are planning. But it’s also of high importance for satisfied customers.
In fact, you must research how to attract and retain customers in the first place. Not only through marketing and advertising but also through adjusting prices.
Let’s say that the room you are renting is on the seashore. During the winter months, the price must be significantly lower and then gradually grow in the spring and escalate during the summer season.
People go to Paris for Valentine’s Day, as well as to Venice. They visit Disneyland in spring and summer and Amsterdam during autumn. Some people long for the sea and the sun in the winter months.
Although they are in the minority, you should not close your offer even if the room is where it is always warm. But stay up to date with popular trends and prices. Always research in order to improve.