Thinking of Starting a B&B? Here’s Some Tips
During the pandemic, people were forced to table their holidays abroad and explore more local options in the UK. Even with the worst behind us, B&Bs are still as popular as ever so joining the domestic tourism sector can be lucrative. Especially if you enjoy the idea of being your own boss and offering that home-from-home service, this might be the business venture for you.
That said, starting a B&B is easier said than done. That’s why we’ve made a checklist of things that you need to consider before starting a B&B and turning your idea into a reality.
Finding the space
A successful bed and breakfast is all about creating an experience for your customers that brings in revenue and the first step is to ask yourself whether you have the space. Does your home have enough room to accommodate a second occupier comfortably? Can you afford them the privacy and comfort for which they’ve paid?
If you’re lucky enough to have a large home, then the answer is relatively straightforward. If this doesn’t sound like an option for you, then you may need to consider investing in a new property that suits your needs and is going to attract customers.
Airbnb vs. B&B
While initially seeming the same, these two types of lodgings are in fact different, and you need to know this so that you can decide which establishment you want to run. Traditional B&Bs operate more like hotels than an Airbnb does, in that you have a room in or near your home for holidaymakers and you serve them breakfast in the morning.
In comparison, Airbnb has a less personal touch as customers are more or less left to their own devices. Typically, these lodgings consist of a whole property rather than a single room which often has a kitchen included so that guests take care of their needs themselves. If the opportunity to interact more closely with your visitors is part of the charm for you, then you’ll likely prefer running a B&B, but becoming a host on Airbnb might better suit your resources.
Legalities and paperwork
Though perhaps the least exciting part of starting a business, getting the legalities and paperwork sorted is essential – and there are several legal necessities that you may need to consider depending on how you intend to use your property, from fire regulations to food safety.Especially if you’re transforming a room in your home, it’s a good idea to get insurance for your B&B which could protect your property and your guests in the case of an emergency or damage. You’re responsible for the welfare of your customers and their belongings so it’s better to be safe than sorry.
