How to Start Holiday Cottages Business
The cottage business is not only a fresh air to common Americans tired of working week in and week out but also an attraction to tourist as well. Truly it’s a venture that is both a leisure and profitable.
This holiday cottage business guide will equip you how you can start right.
Here are a few steps on how you can get your holiday cottage started.
- Develop a sensible cottage business plan.
If it’s worth doing, its worth doing it right the first time. Failing to plan is planning to fail. Write down idea you think that should be included in your plan then consult a business consultant regarding this. Be ready and open to suggestions and revisions to your plan.
- Get the necessary cottage business licenses and permits you need to run your business.
Set an appointment with a business lawyer. Have him list down the necessary documents you need to start right. Ask him about the budget you need to pay for all of these.
- Invest on the type and size of cottage for your business.
Start with a real estate broker. Ask him if has recommendations that will fit your business needs. Surely he will offer you several possible locations however pick the ones that are applicable to your business plan. If you are planning a summer cottage for example, make sure it’s consistent with what you need.
- Find a way to finance it and hire a reliable contractor.
List down possible options how you can finance your business venture. You write down options like bank loans, self financing, borrowing other people’s money or finding a financer. Then hire a contractor to model your cottage to the specifications you require.
- Hire a management staff.
Hire extra help for stuff like cottage cleanliness and maintenance. Hire people who can do bookings and advertise for you. In short, you delegate work load to people who can do a better job.
- List down services and facilities your cottage offers to your clients.
Describe your add-on services and extra facilities your clients can avail and use that cottage business competitors don’t offer. If your cottage is nearby a manmade lake, fishing and other water activities could become a catch on. Maybe your cottage is near a vegetable farm or a butterfly garden so make these locations accessible to them by paving a trail to that area for easier access or having ready transportation to that place.
- Develop a contract of terms.
Again consult with your business lawyer on how you can develop a contract for your cottage use. This should include length of stay, the number of occupants who can use the cottage at a given time and even pet policies. Within it also include the agreement of payment terms and other rules and regulations you want your clients to adhere to.
- Advertise your business online and include mapping directions.
Have a website that describes not only your services and facilities but mapping directions to your cottage as well.
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