How to Start a Hotel Consulting Firm
A hotel consulting firm is responsible for giving assessment and evaluation to somebody who wishes to start a lodging or hotel business.
The firm is also responsible for the feasibility of a hotel business.
In starting a hotel consulting firm it is very important that you hire people with professional skills in the field of hotel business specifically those people who have degree on engineering, surveying, and business management. The success of your business greatly depends on the workmanship of the people who work for you. They will represent your business whenever they are servicing clients. You can also send them to workshops to enhance their skills.
Once you have the right professional people who will work under you, it is also important to secure a professional liability insurance to cover them since your firm will mostly deal with professional works. Professional liability insurance will cover the professional works of your people in the event that undesirable things will happen and will also minimize your professional liabilities in cases of lawsuits. To help you determine the best insurance company that offers a good insurance policy, you can shop around.
Since you are just starting, you should only service one or two clients first. This is to make sure that you put enough focus on the client. In starting a business, your first few clients are crucial because they will be factors in determining whether your business will continue to operate or not. Make your clients satisfied one at a time and let them share the experience that they had with you to other entities that might also need your firm’s services. This is already a form of advertisement wherein you do not do the advertising yourself. Let your work advertise for itself. Word of mouth is the best form of advertisement because you do not have to do the advertising yourself and the best thing is it is free.
Seek advice from people who also have the same type of business or firm because they are the people who are most qualified to give you good advices because they already have experienced the best and worst thing in doing the business. If possible, also ask for recommendations on which insurance company to choose. These people might also provide you with the dos and don’ts in operating a hotel consulting firm. But you must not seek advice from people who also own a hotel consulting firm near the area where you want to start your own business because they are considered as your competitors and your competitors will most likely not give you a good advice because that would mean less possibility for them to gain clients.
- I run a hotel consultancy firm based in Kampala mbarara UAGANDA.
- hello,this article was very helpful but not giving me the the clear picture so please provide me with some more information please. with regards, ankit sharma. (new delhi,delhi,india)
- We are the hospitality consultants in Mangalore we help people of hotel industry to improvise the quality, costing & staff training now a days hotel business is suffering a lot of staff problem that is y we help them to improvise the same
- I'm a professional executive director at a large 4 diamond hotel looking to open a hotel consulting firm in Miami, Florida. What is the complete picture on what's needed? Can it be started as a one man business? what type of budget is needed? I appreciate the information and assistance.
- Initially I want to operate it from my home Jim corbett but very soon planning to open in delhi.....
- I am a professional hospitality manager with work experience in Africa and Europe. Besides working as an employee, i need to start up business consultancy dealing in specifically hospitality business consultancies. I will greatly appreciate if you provide me with your expert ideas. I'm from Uganda
- I am a professional hospitality manager with 30 years of experience in India. I am interested to start up business consultancy dealing in specifically hospitality consultancies. i will greatly appreciate if you provide me your valuable ideas. I am from Goa India.
- I have 10yrs experiences in hospitality industry and wanted to take a step further in hotel consulting in Nigeria. Pls can i have more tips on how to start.
- I have about 7 years experience in the hospitality industry and would like to set up a hotel consulting company in lusaka zambia. I would like advice/tips and information on how to do so
- I have an opportunity to start a hotel consulting business in the Maldives and would be great if I could get more information on how to start the business.
- am an experienced hotelier in uganda. i wana start a hotel consulting firm in uganda. i will locate my business in kampala city ,uganda.
- How to start a hotel consultancy
- I want to start hotel consultancy business...I have links..but I don't know how to get clients and from where to start my business..plz help me out...
- I am a professional hospitality manager as well as a chef. I got 30 years of experience in India and Abu Dhabi u.a.e. Besides working as an employee, I need to start up a business; as a hotel consultancy. we help.... hotel owners.. to improve the quality of food, hospitality management, food casting & staff training. Initially, I want to operate it from my home at Indore but very soon out of Indore m.p. also What is the complete picture on what to be needed? Can it be started as a business? what type of budget is needed?
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