Many people dream of running a small Inn or Bed and breakfast. This course is designed to give an in-depth look at what it is like to own and run a Bed and breakfast. What you should look for when buying a bed and breakfast AND meet B&B owners in Niagara, learn their tricks and secrets and lastly take a tour of various properties that are for sale in the region. Testimonials
Course will be held at the Niagara on the Lake Community Centre, (14 Anderson Lane)
Friday arrival, Check-in at your B&B.
7:300pm Welcome Reception (will be held at a B&B, location will be give upon registration)
- meet with a number of B&B owners on a one on one casual basis
10:00am Location, Location, Location
One of the most important elements when choosing to open a B&B is WHERE. In Canada there are a number of locations which are more attractive to a Bed and breakfast. The discussion will focus on Ontario.
11:00am What to look for in buying a B&B
What is the best set up for running a B&B
How much space does the guests need, where do I live in the house.
What do the guests need?
How have the guests expectations changed over the past few years.
What happens to the furniture, what is the difference between turn key.
What about the name, website.
12:00pm What are the legal issues when buying a Bed and breakfast.
Presented by a local lawyer who has been helping people purchase B&Bs for a number of years and the person I went to for assistance to draft the particular clauses in reference to HST and purchasing B&B.
1:30pm Can I get a mortgage for a Bed and breakfast
Presented by: Meridian Credit Union
2:15pm Taxes/accounting and running a Bed and breakfast
- What can I write off
3:15pm How to market my bed and breakfast
My own website
Third party sites
4:30pm What is my typical day going to look like
5:00pm – Finished, Dinner on own or join us for dinner at one of the wonderful restaurants in Niagara on the lake
10:30am Reservation systems verses Property Management Systems
What to look for in a property management system, where to find them and how much do they cost
12:00am Breakfasts, what are people’s expectations
Menu book, a selection of breakfasts from some of the bed and breakfasts in Niagara on the lake.
12:30 Tips of the Trade
1:30pmTour of B&Bs for sale in Niagara on the lake, Niagara falls
Home ward bound
Cost: $225 per couple plus HST
includes: Reception, coffee breaks, lunches (2), tour of houses, classes, work book (includes menus)
Not included: Dinner Saturday night, and accommodation. Accommadation will be arranged at one of the many B&Bs in town, close to the meeting room. Depending on number of participants will determine the location of classes.
Cancellation: Most B&B have a 2 week cancellation policy hence we will follow.
The informaition on this web page concerning bed and breakfasts is based on knowledge concerning properties in Niagara on the Lake, Niagara Falls, Niagara Region. No warranties or representation concerning properties for other parts of Canada.