rachel2688
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- Mar 27, 2014
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Hello! My dream has always been to own/operate a B&B. I am in my 20s and work successfully in the hotel industry. I have run across two other coworkers throughout my career with the same dream, and they are interested in pooling our resources to purchase and run a B&B together. There will be 6 of us including spouses. As we've looked into this plan, reality is setting in on the huge financial commitment this is and the wisdom in getting involved with other families. I've noticed that more often, B&Bs are run by independents or married couples, typically older or as more a retirement plan, so I thought it'd be wise to do more research on why this is and the reason behind it before I get too vested financially into this plan.
I am posting this in hopes of gaining some insight from those of you that have been successful in this venture and get your advice on if/how to move forward with this as a group. We are looking at this as more of a side "business" so to speak for the short term. Any insight or advice you have would be extremely helpful! Thank you so much!!!
I am posting this in hopes of gaining some insight from those of you that have been successful in this venture and get your advice on if/how to move forward with this as a group. We are looking at this as more of a side "business" so to speak for the short term. Any insight or advice you have would be extremely helpful! Thank you so much!!!