How to Start and Operate Your Own Bed-and-Breakfast by Martha W. Murphy

Author:Martha W. Murphy
Language: eng
Format: epub
Published: 2019-04-14T16:00:00+00:00

Running a B&B is all profit.

The expenses of running a B&B include the obvious—the food served at breakfast, the cost of laundering bed linens and bath towels, and the cost of hired help, if you have any. The not-so-obvious costs are the hot water used by guests, the cost of heating or cooling guest rooms, added insurance, the sheets and towels themselves (they don’t last forever!) , the mattresses and box springs (ditto!) , bath soaps, tissue, toilet paper, cleaning supplies, brochures, business cards, advertising, stamps, envelopes, stationery, long-distance phone calls, flowers, and so on. All of this overhead cuts into the gross amount you make every season.

A young couple from Utah who stayed at my B&B years ago (at a rate of sixty dollars for the night) made me laugh in the morning when they confided that they had calculated how much money I was making and were considering getting into the business. According to them, since I had “spent only about two hours” taking care of them, I must be making about thirty dollars an hour! They hadn’t even considered the cost of the breakfast and the loaf of homemade bread they were taking with them, not to mention the planning and advertising I had done to reach them in Utah! But the intangible that guests are really paying for is your time. As you will quickly learn, that is the most valuable commodity of your business.

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