|| 5 Advantages of Owning a Bed and Breakfast - Synergy Stocktaking ||

5 Advantages of Owning a Bed and Breakfast

Owning a bed and breakfast is like owning any other business!

Because like any job, you are paid to perform tasks – cooking, cleaning, doing laundry and making people feel welcome when they are in your home.

Here are a number of reasons to love being in the bed and breakfast business.

As we see them, the pros to owning your own bed and breakfast business include:

  • You are in control of the business – you get to run it the way you want
  • You can pick and choose your schedule based on your personal needs and your financial requirements
  • You can deduct a portion of your home’s operating and depreciation expenses on your income taxes as business expenses
  • The only person who can “fire” you is your customer.  I’ve found if you make an error and admit it up front, they are very forgiving
  • This is your opportunity to create a money-generating outlet for your unique and creative talents

 

Looking for stock taking advice for your B&B? Look no further… Call Synergy Stocktaking today!