Build the foundation of your B&B Business
Foundational pieces of your business include identifying your IGA (ideal guest avatar), hiring a bookkeeper and a CPA, writing a 6-month, 1-year, 3-year business plan for your listings, and more.
Analyze your market & dynamically price your listing for the perfect ADR
What business ever succeeded without knowing who their competition was and what their competition was charging?
It’s important that you update your market analysis every two weeks to one month!
Create Standards of Procedures (SOPs) for all your business activities
Have you ever worked for anyone? If so, what was their process to get you hired?
There was probably a set of steps it took for you to get into the system, paperwork that had to be filled out, etc.
So, why do businesses have so many processes? Because it allows them to scale!
How would it feel to be able to start multiple AirBnBs and not have to worry about the process every single time?
With processes in place, it’ll be as easy as slicing butter every time you start a new BnB.
You will overcome your fears by being more secure in your business!
Ready to become a host? Click here to find out how much you can make in your area.
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